Good questions when:

Choosing a Real Estate Appraiser

Contributed by QuestionSense Editors

• What education and training have you had?
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• A qualified appraiser has formal education in appraisal theory, principles, procedures, ethics, and law.

• Are you certified by or a member of any professional organization?
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• Many appraisals carry professional designations. The most widely known industry designations are SRPA, SRA and MAI. These designations are issued by the Appraisal Institute. These designations demonstrate an appraiser's commitment to continuing education and ethical standards. Oftentimes, the standards required to obtain these designations exceed those set forth by state licensing/certified requirements.

• What percentage of your work is performed in my area?
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• Appraisers who do a lot of their work or live in a particular area often have a deep knowledge of property values in that area. Additionally, they are more likely to know how "neighborhood variables" such as school districts and fire departments affect the property values in the area.

• How do you price your services?

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