Question

When an appraiser assumes that no one is being forced to sell at a reduced price because of an impending divorce or similar situation; and that both buyer and seller are well-informed customers, he is more than likely hired to determine

Answer 1

market value

Step-by-step explanation:

In situations such as this one, the appraiser is usually hired to determine the market value of the property/asset that the individual is trying to sell. Market value is a term used in economics that describes the actual current value of an asset or a company on the financial market, according to market participants. In other words, this is the current price that other similar assets are selling for and what buyers seem to be willing to pay.