Who does property appraisals?

<div><p>A licensed appraiser is the only individual that can carry out a property appraisal. You should always check to ensure an appraiser you’re considering <a href="https://www.angi.com/angi-license-check.htm">has the proper licensing</a> from your state. Additionally, since an appraisal is meant to be an unbiased opinion of a property’s value, you should confirm that the appraiser doesn’t have ties to any other party in the sale of the property.</p></div>

Who hires a property appraiser?

<div><p>Anyone can hire a property appraiser to confirm the inherent value of a property, but the buyer or buyer’s lender will usually choose the appraiser and pay the individual for their opinion. It’s also not uncommon for the seller’s side in a real estate transaction to hire an appraiser in order to justify an asking price or negotiate a higher selling price.</p></div>

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Verified Reviews for Property Appraisal pros in North Palm Beach, FL

*The Angi rating for Property Appraisal companies in North Palm Beach, FL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in North Palm Beach, FL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on April 05, 2025

Reviewed in August 2020
I have nothing the best to say about Mike Murgatroy and his team, including Peter, Monica, Geneva, Teri, and Connie. I've done business with this group 4 times now - the mortgage on my previous home, the mortgage on my current home, and 2 refinances. I had just refinanced my current home in...
Mike Murgatroy CrossCountry Mortgage
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Reviewed in April 2021
Mr. Fred Smith made my homes appraisal process fast and efficient without skipping on out on diligence. He arrived on time and got the report back to me much earlier than promised. Thank you.
FTS Real Estate Appraisers
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Reviewed in March 2021
Very pleased with Fred Smith’s service. Fred arrived on time of the appointment, with a courtesy call 10 mins prior to arrival. His appraisal of my home was conducted in a professional and very personable manner, with the written report sent within 2 days. I would highly recommend FTS Real...
FTS Real Estate Appraisers
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Reviewed in September 2014
Fred is super professional, called right back, on time, and followed up with me on some questions he had before submitting appraisal back to me. Fred provided an excellent customer service.
FTS Real Estate Appraisers
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Reviewed in June 2015
Very professional and a gentleman. I especially appreciated this as children were home at the time of walkthrough.
FTS Real Estate Appraisers
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Reviewed in June 2013
Fred was very professional, prompt and pleasant. He delivered the report via email within 2 business days and followed up to make sure that I received it. I would highly recommend him and will use him again in the future.
FTS Real Estate Appraisers
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Reviewed in July 2015
Fred Smith was punctual, efficient and thorough with his inspection. Throughout the process he was attentive to my concerns and responded quickly to my calls and emails. Mr. Smith provided me with an appraisal I can trust.
FTS Real Estate Appraisers
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Reviewed in January 2014
It worked out just fine. I don't know if the price was competitive because I don't know what anybody else charges. They were there when they were supposed to be.
FTS Real Estate Appraisers
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Reviewed in September 2013
My date may be off, but previously I had called Mr. Smith to do an appraisal. The deal didn't work out and we had to cancel. He was very gracious and asked that we keep him in mind for the next time. We had a very last minute issue come up and needed him to go out literally the next day at a...
FTS Real Estate Appraisers
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Reviewed in May 2016
Fred was very thorough and provided us with a very detailed real estate appraisal via email. We would definitely use FTS Real Estate Appraisals again.
FTS Real Estate Appraisers
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Property appraisals FAQs

An appraisal is an opinion of value, so anything that is expected to boost your home value is likely to work in your favor when it comes to the appraisal. Things like improving your curb appeal, painting, refinishing floors, and taking care of minor repairs are all good investments prior to ordering an appraisal. It’s also a good idea to clear out any clutter and complete a deep clean beforehand to show your property in the best light possible.

Appraisals aren’t required by law to complete a real estate transaction, but it’s unlikely that a lender will allow a buyer to close on a property without an appraisal, so, effectively, they are usually required. Your mortgage lender uses the property as collateral for your loan, and the appraisal is what the lender will base the mortgage on to confirm the value is there to justify their investment.

The average cost of a property appraisal is around $355, but different appraisers in your area could charge anywhere from $250 to $500. Appraisals for larger properties will often cost more, as will valuations for older properties. Appraisers will use homes in the surrounding area to help determine a valuation as well, so if your home doesn’t conform to the neighborhood standards, the valuation will require more work and will likely cost more.

A licensed appraiser is the only individual that can carry out a property appraisal. You should always check to ensure an appraiser you’re considering has the proper licensing from your state. Additionally, since an appraisal is meant to be an unbiased opinion of a property’s value, you should confirm that the appraiser doesn’t have ties to any other party in the sale of the property.

Anyone can hire a property appraiser to confirm the inherent value of a property, but the buyer or buyer’s lender will usually choose the appraiser and pay the individual for their opinion. It’s also not uncommon for the seller’s side in a real estate transaction to hire an appraiser in order to justify an asking price or negotiate a higher selling price.

The homeowners guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.

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FHA Appraisal Guidelines and Requirements

FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.