Why pick a professional appraiser?
Due to the complex nature of the appraisal profession, education and experience are crucial. That is why the American Society of Appraisers requires extensive coursework and testing to build a solid knowledge foundation, thorough peer-evaluation of appraisal reports and 10,000 hours (or five years) of experience to receive the ASA designation.
Appraisers serve the public by providing fair, objective and disinterested information based on the facts of valuation methodology. however only a professional appraiser will have the skills necessary for proper application of these standards.
Avoid appraisal companies stating that they are AAA. RICS or ASA, only an individual can be certified and accredited with the designation of ASA. MRICS or AAA.
Confirm the appraiser’s credentials. Call the American Society of Appraisers (ASA) at (800) 272-8258; the Appraisers Association of America (AAA) at (212) 889-5404 ext 14, or the Royal Institution of Chartered Surveyors (RICS ) at (212) 847-7400. Report those who are misrepresenting themselves.
Accredited ASA, RICS or AAA appraisers are seasoned professionals, providing a peace of mind to consumers that they have hired the most highly qualified, ethical and experienced professional available, to deliver independent, ethical and objective valuations.