APPRAISER. This is probable the most misused, misunderstood and abused term in the real estate world. So, let’s set the record straight.
I have mentioned many times before that there are two types of Real Estate Licensees in the Commonwealth of Pennsylvania – – Licensed Salesperson and Licensed Broker. Licensed sales persons cannot perform appraisals and only a small handful of Brokers are permitted to do appraisals on a limited scope. Remember, too, that the term “Realtor” deals with the trade organization that advocates for Real Estate Licensees and has nothing whatsoever to do with one’s license status.