Appraisal Process Housing Market Local Properties Technology 
Housing Wire
JUNE 11, 2021
A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. The process can take even longer if the buyer or seller requests a second appraisal.
Housing Wire
MAY 25, 2021
Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage. A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry.
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