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a person who has completed the required licensing education, passed a license exam and primarily generates reports on property values is known as a(n):

Sagot :

A person who has completed the required licensing education, passed a license exam and primarily generates reports on property values is known as an appraiser.

What is the role of the appraiser?

Assessors and appraisers make estimates of a property's value. Real estate appraisers and assessors offer an estimation of the value of tangible personal and commercial property as well as real estate.

However, historically speaking, the comparison approach, the income approach, and the cost approach have been the three primary methods of appraisal practice. Photographs of every room in the house, the garage, and the exterior will be taken by the appraiser while they are performing the appraisal. Additionally, they will measure the house and look over any notable features, additions, and general condition.

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