What is the primary role of an appraiser in a real estate transaction?

The primary role of an appraiser in a real estate transaction is to provide an unbiased estimate of a property’s value. This process is crucial as it ensures that all parties involved have an objective assessment of what a property is worth based on various factors like location, condition, and market trends. This impartial valuation helps in determining appropriate pricing for both sellers and buyers and is essential for lenders who require an accurate property value to ensure their investment is secure.

In contrast, negotiating sales agreements, assisting buyers in securing financing, and marketing the property are not within the typical scope of an appraiser's responsibilities. These tasks are usually handled by real estate agents, lenders, or other professionals in the real estate industry, whereas the appraiser's focus remains strictly on valuation to maintain objectivity and credibility in their assessments.