There are many people who call themselves appraisers but who are not accredited and do not have formal training. It is important to hire an appraiser who is accredited by leading valuation sure organization. Make sure that the real estate property appraiser is licensed or certified by the state to perform real estate assessments.
Some countries do not require a license to perform real estate assessments. It is not recommended to use the services of any assessors licensed or certified. Do not be afraid to ask the appraiser for a copy of their license. Assessors will easily provide this documentation. You can search for a locate licensed property appraiser in Los angeles via www.walshstreet.net/EstateAppraisals
Ask how much of their work is not done for the lender. A high number is a good indication that they do not just spout back a predetermined value. If all the work they do for the lender, ask how many times they come under selling prices. If the answer is never – find someone else. The law requires that the assessors remain impartial.
real estate appraisers carry a professional designation. Mention the industry's most widely known is the SRA (residential appraiser) and MAI (general commercial assessor) and SRPA (Senior appraiser of real property). This designation is issued by the Appraisal Institute.
This designation indicates Assessor commitment to continuing education and ethical standards. Professional designations may or may not be the test of good quality but the designation Appraisal Institute of SRA, SRPA duly MAI and most respected in the profession. Many of the best-appointed appraiser. Unfortunately, some poor assessors appointed as well.