What is the main role of a real estate appraiser?

The main role of a real estate appraiser is to provide unbiased estimates of property value based on data analysis. This involves systematic evaluation of various factors, including the property's characteristics, location, market conditions, and comparable sales data to arrive at an accurate and impartial value. An appraiser must employ expertise and a methodical approach to ensure that their valuation is supported by factual and relevant information, which is crucial for potential buyers, sellers, lenders, and other stakeholders in real estate transactions.

This objective assessment aids in making informed decisions regarding property investment, financing, and taxation, highlighting the significance of the appraiser's role in the real estate market.