| Aspect | Appraisal | Appraiser |
|---|
| Definition | The process of evaluating property value | The professional who conducts property evaluations |
| Credentials | Typically requires certification or licensing | Requires certification or licensing, often the same as for appraisal |
| Work Environment | Involves conducting property inspections and report writing | Performs property inspections and prepares valuation reports |
| Industry Usage | Refers to the process or act of valuation | The individual performing the valuation |
In summary, 'Appraisal' is the process of determining a property's value, while an 'Appraiser' is the professional who performs this evaluation. Both roles often require similar credentials and work in the same industry environment, with the main difference being one is the act, and the other is the person conducting it.