An appraiser is considered a real estate market expert. By analyzing market data, gathered and organized on real estate variables including new construction, costs of construction, real estate sales, and rents for various types of properties, an appraiser will estimate the market value of a parcel of real estate. Appraisers are also required to be licensed or certified in all states. A person providing a real estate service which does not fit strictly into the category of broker, appraiser, or property management may be identified as a real estate counselor. A real estate counselor could be an attorney, accountant, market researcher, financial analyst, or other specialist.
Many property owners rely on local professionals to manage their properties.