Services, costs and hiring best practices - proven tips for getting great Real Estate Appraisal Service
When hiring and working with a Real Estate Appraiser, every homeowner needs to know: What services does a Real Estate Appraiser commonly provide? What is the best way to find good prospects? What should I look for when I interview the Real Estate Appraiser? And most importantly, how do I make sure that the Real Estate Appraisal Service is done right?
Use the following information to understand your options, make good decisions and get quality work at a fair price.
Q How do I get good Real Estate Appraisal Service work at a fair price?
A Find a Real Estate Appraiser that (i) has recently provided good work to someone you trust and (ii) passes a background services screening test. Compile a COMPLETE, detailed list of work and quality requirements (see the next section). Have the Real Estate Appraiser prepare a "not to exceed" estimate. Agree on the final price, sign a complete written agreement (see below) before any work begins.
Q What should I expect to pay for Real Estate Appraisal Service?
A Most Real Estate Appraisal Service work is quoted at a fixed price, for specific service(s) or deliverables. The underlying hourly rate for a Real Estate Appraiser ranges from $72 to $108 in most parts of the country. Usually, a minimum fee will be charged, which represents 1.5 - 2 hours of effort. In some cases, the quoted job price may be negotiable, particularly if other work is performed by the Real Estate Appraiser.
Q Do I need to use a licensed Real Estate Appraiser for my job?
A You should use a licensed Real Estate Appraiser for any work that exceeds $500. To check a Real Estate Appraiser's license status, search the telephone directory or online for your state's professional license board or department. Contact the licensing authority to check license status and history by the name of the business or individual.
Q Should I use an insured Real Estate Appraiser for my project?
A Your Real Estate Appraiser should carry adequate liability insurance for work related damages. Your Real Estate Appraiser should also have workman's compensation insurance for job related injury or health risks.
Q Does my Real Estate Appraiser need to be bonded?
A A bond is generally not required for Real Estate Appraisal Service.
An experienced Real Estate Appraiser can handle a number of jobs, troubleshooting situations and repairs. The list below summarizes common Real Estate Appraisal Services. Follow the appropriate links below to learn more about cost, options and quality requirements:
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