What is the difference between a real estate agent and an appraiser?

An appraiser provides an unbiased opinion of a property's value as a neutral third party, while an agent represents the buyer or seller in the transaction. Appraisers do not represent either party; their sole duty is a fair and accurate valuation, and they are legally bound to be impartial regardless of who hired them. Agents work toward a sale and are typically paid a commission, whereas an appraiser working on a federally related transaction must hold a state license or certification under federal law.