To "appraise" is to give a monetary value to an asset, whether it is real estate (such as houses, flats or land) or movable property (such as artwork or automobiles).
In real estate appraisal, a price is assigned to a property taking into account various characteristics, either to sell or to buy the property. In this way, both the buyer and the seller can compare different alternatives to make the best decision. By carrying out a professional real estate valuation, the chances that both the buyer and the seller will be satisfied with the transaction increase.
The owner of the property must accept that, regardless of his claims, his property has a real value that is determined by professionals with the experience and capacity to do it correctly.
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