Appraiser

AAA

DEFINITION of 'Appraiser'

A practitioner who has the knowledge and expertise necessary to estimate the value of an asset, or the likelihood of an event occurring, and the cost of such an occurrence. Ideally, an appraiser acts independently of the buying and selling parties in a transaction in order to arrive at the fair value of an asset without bias.

INVESTOPEDIA EXPLAINS 'Appraiser'

Appraisers are useful when attempting to attach a value to items such as jewelry, art, gems, family heirlooms and real estate. Because of the lack of liquidity in these assets and the necessity to rely on comparisons to estimate their value, investors tend to hold an appraiser's work in high regard.

RELATED TERMS
  1. Air Loan

    A mortgage fraud scheme in which a mortgage broker invents a ...
  2. Illiquid

    The state of a security or other asset that cannot easily be ...
  3. Fool's Gold

    Also known as iron pyrite, fool's gold is a gold-colored mineral ...
  4. Four Cs

    The four characteristics used to determine the value of a diamond. ...
  5. Real Estate

    Land plus anything permanently fixed to it, including buildings, ...
  6. Comparables

    A valuation technique in which a recently sold asset is used ...
Related Articles
  1. Investing Basics

    Fine Art Can Be A Fine Investment

    The art market is fickle, and there are no guarantees of profitability, but with a little legwork and forethought you can fill your home with images that may prove worthy investments down the ...
  2. Options & Futures

    Introduction To Gemology

    Gemology as an investment alternative may seem glamorous, but it's not for the faint of heart.
  3. Insurance

    Who are the best-rated home insurance companies in the US?

    Learn about the top rated home insurance companies in the United States based on customer satisfaction surveys. See how customers rank the top insurers.
  4. Home & Auto

    Universal Design Improvements That Increase Your Home's Value

    Universal design improvements yield great returns for homeowners, either through increased future comfort, or broader market appeal for their home.
  5. Home & Auto

    8 Common Refinance Mistakes

    As mortgage rates creep higher, there's still time to dump your mortgage rate for a lower one. But don't ruin your chance at a refinance by making mistakes
  6. Home & Auto

    10 Questions You Forget to Ask When Buying a House

    If you are thinking about buying a home, you are not alone. According to the New York Times, more Americans are getting home-buying fever.
  7. Home & Auto

    How To Refinance If Your Home Appraisal Is Too Low

    When you take out a mortgage on a home or refinance an existing mortgage, most lenders want a loan-to-value ratio (LTV) of 80 percent or lower.
  8. Home & Auto

    How can I tell when a real estate agent might be lying to me?

    Find out what real estate agents are likely to lie about, the reasons for the lies and how to protect yourself from unscrupulous real estate agents.
  9. Home & Auto

    The Pros And Cons Of Refinancing A Mortgage Loan

    Current refinance rates are at all-time lows; as such, refinancing a mortgage is more attractive than ever before.
  10. Home & Auto

    18 Do-It-Yourself Projects To Boost Home Value

    These home upgrades can be achieved for surprisingly little money.

You May Also Like

Hot Definitions
  1. Santa Claus Rally

    A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations ...
  2. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  3. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  4. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  5. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  6. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
Trading Center