An accurate appraisal has the power to protect home sellers, homebuyers and mortgage lenders. Therefore, it is important to make sure that a qualified, independent appraiser evaluates your potential home.

Appraisers and appraisal management companies are licensed by individual states and they are regulated at both the state and federal level. For example, the Dodd-Frank Wall Street Reform and Consumer Protection Act ensures that real estate appraisers make their decisions based on their own knowledge and judgement, without pressure from lenders or other individuals.