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8:00 AM - 20:00 PMDexters Clerkenwell Estate Agents+44 20 7483 6370Dexters Clerkenwell Estate Agents is a London-based company that specializes in real estate and housing services. Their team of appraisers provides expert advice on property valuation, while their short-term apartment rental agencies offer flexible accommodation solutions. In addition, Dexters Clerkenwell Estate Agents offers a range of financial services to assist clients in achieving their real estate goals. With a focus on customer satisfaction, Dexters Clerkenwell Estate Agents is committed to providing exceptional service to clients throughout England.See more
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08:00 AM - 18:00 PMCopping Joyce Surveyors Limited+44 20 7749 1040Copping Joyce Surveyors Limited is a London-based company that specializes in various services related to real estate and housing. They offer appraisals, land surveying, and quantity surveying services, among others. The company also caters to the public sector and society, providing municipal social developments. Copping Joyce Surveyors Limited is composed of chartered surveyors and commercial agents who are experts in their respective fields. They also offer financial services to their clients.See more
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9:00 AM - 19:00 PMFrank Harris & Co. Barbican, City and Clerkenwell Estate Agents+44 20 7600 7000Frank Harris & Co. is a trusted estate agency located in the Barbican, City and Clerkenwell area of London, England. They specialize in providing appraisal services for real estate properties, as well as offering a range of financial services. With a focus on the real estate and housing market, Frank Harris & Co. is dedicated to providing their clients with expert knowledge and exceptional customer service.See more
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09:00 AM - 17:00 PMCrest Chartered Surveyors+44 20 3940 1118Crest Chartered Surveyors is a London-based company that specializes in providing a range of professional services in the real estate and housing industry. The company's team of expert appraisers, estate appraisers, land surveyors, real estate appraisers, real estate surveyors, and quantity surveyors are dedicated to providing top-notch services to clients. In addition to its core services, Crest Chartered Surveyors also offers financial services and education and job opportunities in the building and construction industry. The company is committed to delivering high-quality services that meet the needs of its clients.See more
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9:30 AM - 18:00 PMSell Your Diamond+44 20 7101 5011Sell Your Diamond is a company based in London, England that specializes in buying and appraising diamonds and jewelry. They also offer financial services and are experienced real estate appraisers. With a team of knowledgeable professionals, Sell Your Diamond provides top-notch services to their clients.See more
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8:30 AM - 17:00 PMPropertySure+44 330 133 3441PropertySure is a real estate appraisal company based in London, England. They specialize in providing accurate and reliable appraisals for both residential and commercial properties. Their team of experienced estate appraisers are dedicated to ensuring that clients receive the highest level of service and expertise. PropertySure is committed to providing the best possible real estate appraisal services to their clients in the United Kingdom.See more
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Definition of Real Estate Appraisers
Real estate appraisers are professionals who determine the value of a property. They assess the quality, condition and features of a building or land and decide its worth or market value based on the current real estate market trends, comparable sales data and other relevant factors. Appraisers can work independently or for a real estate company, mortgage lender, government agency or any other organization that requires real estate valuations.
Importance of Real Estate Appraisers in Real Estate & Housing Industry
The role of real estate appraisers is critical in the real estate and housing industry. They help ensure that the property value is accurate, which is essential in making informed decisions when buying or selling a property. Appraisals also play a significant role in mortgage lending, as lenders use them to determine whether a property is sufficient collateral for a loan. Therefore, appraisers help keep the real estate market stable and prevent fraud in real estate transactions.
Duties and Responsibilities of Real Estate Appraisers
The primary responsibility of real estate appraisers is to determine the value of a property accurately. To do this, they must conduct research on the local real estate market, property records, and zoning and land-use data. They must also inspect and evaluate the property, taking into account its location, size, condition, and other relevant factors. Appraisers must prepare a report that includes a detailed description of the property, its features, and the rationale for the valuation.
Types of Appraisals Conducted by Real Estate Appraisers
Real estate appraisers conduct several types of appraisals, including the sales comparison approach, the cost approach, and the income approach. The sales comparison approach involves comparing the property to other similar properties sold in the area. The cost approach determines the value of the property based on the cost of replacing it. The income approach is used for commercial properties and determines the value based on the income generated by the property.
Qualifications Required to Become a Real Estate Appraiser
In the UK, to become a real estate appraiser, you must have a degree or diploma in surveying or a relevant field. You must also complete a Royal Institution of Chartered Surveyors (RICS) accredited course in valuation. After that, you must undergo on-the-job training and complete the RICS Assessment of Professional Competence (APC) program to become a Chartered Surveyor.
How Real Estate Appraisals Affect Property Values
Real estate appraisals play a critical role in determining the value of the property. A high appraisal value indicates that the property is worth more, providing leverage for sellers during price negotiations. On the other hand, a low appraisal value means that the property is worth less, which may result in issues for buyers when they apply for financing.
The Role of Real Estate Appraisers in Property Transactions
Real estate appraisers play a pivotal role in property transactions by providing unbiased and accurate valuations of the property. Their assessment is particularly important during the purchase of a home or property, as lenders use the appraisal to determine the maximum amount of loan they can approve based on the property value. Therefore, a competent and qualified real estate appraiser is valuable to both buyers and sellers.
Common Challenges Faced by Real Estate Appraisers
Real estate appraisers face several challenges during their work, including competing with online valuation services, managing client expectations, and dealing with the effects of the COVID-19 pandemic on the real estate market. They may also face challenges associated with working independently, such as marketing their services and managing their workload.
How to Choose a Qualified Real Estate Appraiser
To choose a qualified real estate appraiser, look for someone who is licensed or certified by a reputable organization, such as the RICS. Check their experience, qualifications, and expertise in the local market. Ask for references, and make sure they follow the appropriate industry standards when conducting appraisals.
Future Outlook for Real Estate Appraisers Industry
The real estate appraisal industry is expected to continue growing steadily due to the increasing demand for property valuations, particularly in commercial real estate. Real estate appraisers will also need to keep up with the technological advancements in the industry, such as the use of artificial intelligence and big data in appraisal processes.

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