What is the primary role of a certified general appraiser?

Study for the Certified General Appraiser Exam. Explore flashcards and multiple-choice questions with hints and explanations to prepare effectively. Get ready for your certification!

The primary role of a certified general appraiser is to assess property values for a variety of properties. This involves a comprehensive understanding of the market, property characteristics, and various appraisal methods that are utilized to determine an accurate value. Certified general appraisers are qualified to conduct appraisals on a wide range of property types, including residential, commercial, and industrial real estate, often providing critical information for transactions, financing, and investment decisions.

While property inspections, market analysis, and advising clients on purchases are important functions that may complement the appraisal process, the core responsibility lies specifically in determining the value of properties. This valuation role is not limited to just one type of property, emphasizing the general appraiser’s versatility and expertise across various real estate sectors. Providing accurate property assessments is essential for establishing fair market value, which is crucial for both buyers and sellers in the real estate market.

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