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The Realtor will look at the local market to estimate what your house should sell for and then consider the state of your home to understand its current value. Asking your Realtor to run a CMA is a good option if you want to sell your home and dont need to get a formal appraisal plus this process is free for you.
What is a real estate appraiser?
Appraisers of real estate estimate the value of land and buildings, usually before these assets are sold, mortgaged, taxed, insured, or developed.
What not to say to an appraiser?
According to data from the Bureau of Labor Statistics (BLS), the average salary for real estate appraisers varies docHubly. Median annual salary for real estate appraisers in 2022 was $102,200 with a net income of $69,000 after taxes and expenses, according to the 2023 Member Profile.
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