Where does an appraiser get all of the information to complete an appraisal?
There is a wide variety of information or data sources available to appraisers. This includes, but is not limited to, the local Real Estate Multiple Listing Service, local tax assessor’s records, local real estate professionals, county courthouse records, third party public record data vendors and the appraiser’s own personal knowledge or files from previous appraisals. An appraiser is required to utilize the data they deem to be the most reliable as it relates to the property they are appraising.