Steenhoek Appraisal, Inc.

Choosing a Real Estate Appraiser

What to look for in an Appraiser

When having real estate appraised, just like having other property appraised, it is important to retain a knowledgeable, educated individual with experience in all aspects of the field. The following is a list of basic requirements for professional real estate appraisers:

• Formal education in real estate
• Training in principles of valuation
• Experience in buying and selling real estate
• Knowledge of levels of value, and how the market is affected
• Knowledge of retail values

Questions to ask a Real Estate Appraiser?

A key question to ask prior to hiring an appraiser is whether or not he or she is licensed. Selecting an ethical appraiser who complies with the requirements of the state’s Real Estate Appraiser Board is the best assurance that you are working with a professional who will provide quality services.

The recognition the appraiser has received for professional activities and whether the appraiser is currently licensed or certified and in good standing with the state’s Real Estate Appraiser Board are often important criteria for selection.

Professional appraisers value property with independence and objectivity. Look for an appraiser who has experience in appraising properties similar to the property you want appraised. You can do this by reviewing the appraiser's job history, resume or other information which shows his or her work experience.

You should also check references or recommendations from financial institutions, insurance companies, and government bodies for whom the appraiser has performed appraisal services.



Choosing a Real Estate Appraiser What to look for in an Appraiser When having real estate appraised, just like having other property appraised, it is important to retain a knowledgeable, educated individual with experience in all aspects of the field. The following is a list of basic requirements for professional real estate appraisers: • Formal education in real estate • Training in principles of valuation • Experience in buying and selling real estate • Knowledge of levels of value, and how the market is affected • Knowledge of retail values Questions to ask a Real Estate Appraiser? A key question to ask prior to hiring an appraiser is whether or not he or she is licensed. Selecting an ethical appraiser who complies with the requirements of the state’s Real Estate Appraiser Board is the best assurance that you are working with a professional who will provide quality services. The recognition the appraiser has received for professional activities and whether the appraiser is currently licensed or certified and in good standing with the state’s Real Estate Appraiser Board are often important criteria for selection. Professional appraisers value property with independence and objectivity. Look for an appraiser who has experience in appraising properties similar to the property you want appraised. You can do this by reviewing the appraiser's job history, resume or other information which shows his or her work experience. You should also check references or recommendations from financial institutions, insurance companies, and government bodies for whom the appraiser has performed appraisal services.	View License Details Consider the services of Steenhoek Appraisal, Inc. when it comes to: • Fee appraisal assignments • Job relocation • Foreclosure/REO • Estates, Probate or Trusts • Buying or selling your home • Home improvements • Investment property • Property tax issues • Private mortgage insurance