Appraisal vs Realtor CMA

What is the difference, if any between these 2? I had always assumed appraisers were just greasing the wheel so the loan would go through while the realtor would pull in a bunch of different recent sales and for sales. However when we did a refinance the appraiser used 8 other homes (for sale and recently sold) to justify the price

If I were to pay for an appraisal on my own could I use that as a legitimate selling price in a FSBO situation?

More real estate tips at Program Realty Wix site

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