The calculation and definition of gross living area (GLA) are significant parts of an appraisal.
Due to the many federal regulations and other rules governing who can communicate with appraisers and in what manner, some real estate agents may be hesitant to get in contact with valuation professionals.
Some homeowners order a home appraisal prior to putting their houses on the market to determine the best listing price, but is this strategy necessary?
In certain cases, homeowners or lenders request a drive-by appraisal.
Both appraisers and real estate agents pull data on comparable home sales, but they don't necessarily have the same viewpoint when looking at this information.