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Q: Why do I need to pay an appraiser?
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Using an Independent Appraiser
A Realtor will do a market analysis of your home to determine the best asking price. This analysis is similar to what an appraiser does, but the appraiser is unbiased - he or she has no interest in the value of your home other than to tell you what it is. An unbiased appraisal can also be a good negotiating tool. An appraiser can also tell you how much value would be added to your house by adding another bathroom, for example, or updating the kitchen.
