Realtor vs Appraiser: What’s the Biggest Difference?

Realtor vs Appraiser: What’s the Biggest Difference?

October 31, 2024

 

You’d like to get an updated price for your house – should you go to an appraiser or a Realtor?

Aren’t they basically the same, anyway?

No.

While there is overlap, they approach the data differently and provide different reports.

The biggest difference between the two is that an appraiser attempts to tell you what a home is objectively worth.

A Realtor is giving you the number they think the home could sell for in the open market. That number might be the same as the so-called “objective value”, but it could also be higher or lower.

Written by:

The W Group


Real Estate Strategy. Mortgage Insight. One Trusted Guide.

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