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Residential Real Estate Appraiser Secrets - What is an Opinion of Value in Appraising?

The whole job of a real estate appraiser is to develop an opinion of value based on the scope of work determined by the appraiser and based on information researched by the appraiser and given to the appraiser by the client. Scope of work, as defined by USPAP (Uniform Standards of Professional Appraisal Practice), is “the amount and type of information researched and the analysis applied in an assignment.”

Residential Real Estate Appraiser Secrets - Other Reasons to Request a Real Estate Appraisal

Real Estate appraisals are needed for many different reasons.

Real Estate Appraisal Secrets - Appraisal Standards and Processes in Developing an Opinion of Value

Have you always wanted to know the process that an appraiser goes through in completing an appraisal report? No, appraisers do not just pick values out of a hat! There are six basic steps that appraisers follow for every appraisal

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