Can a Realtor also be an Appraiser? (question from search engine yestesrday)
Someone found this blog through a search yesterday by typing in the following: “Can a Realtor also be an Appraiser?” In case the answer was not found, I wanted to chime in briefly. The answer is “yes”. It is entirely legal for an appraiser to be a real estate broker, Realtor, loan officer or whatever else he/she wants to be. The key though is that the appraiser can only act as an appraiser when appraising. When working as a Realtor, the appraiser takes off his/her appraiser hat and wears the Realtor hat and makes sure to keep the two trades separate. An appraiser who is a Realtor cannot be doing appraisals for his/her own deals either because there would be a big conflict of interest, don’t you think?
Related posts:
- Is Zillow’s estimate accurate? An interview with Realtor Doug Reynolds
- What if there are no comps for the appraiser to use?
- Assessor vs. Appraiser
- What should you do before the appraiser comes?
Tagged as: Can a Realtor also be an Appraiser?
