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The National Association of Appraisers explains appraisal basics on its "What is An Appraisal" information sheet:

  • What is an appraisal?
  • Why get an appraisal
  • Who is the appraiser's client?
  • Can I talk to an appraiser?
  • What is market value?
  • What are some steps an appraiser follows?
  • What are the approaches to value?

Click on the image to download a copy. Members and non-members can provide this information sheet to clients and others who are unfamiliar with the appraisal process.

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