Let’s say your real estate appraiser just inspected your property…
They walked around the house a bit, measured, looked around while taking notes, shook your hand, and left. What happens now?
Of course, all of the measurements and notes the appraiser took on your home can be verified- they came from your home, after all. But what about everything else?
Everything the appraiser didn’t get from your house- neighborhood information, comparable sales, market statistics- all this information comes from other sources.. In this quick video, I hope to give you a better understanding of where a real estate appraiser gets all the information needed to properly appraiser your property.
Jonathan Montgomery is the founder and president of the The Real Estate Appraisal Group, and has been a real estate professional since 1998. He has been a broker, an investor, and currently works full-time as an appraiser. He enjoys appraising real estate in Washington D.C., Southern Maryland, and Northern Virginia.