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Professionally Simple
This is a general outline and the specific steps and procedures may vary based on the type of property, the appraisal purpose, and the regulations in the jurisdiction.
Phone Consultation
A meeting with the client to discuss the property, the appraisal purpose, and the appraisal scope.
Site Inspection
A thorough examination of the property, including land assessment, improvements, and other relevant features.
Research & Analysis
Review of relevant market data, property data, and comparable sales to determine the value of the property.
Report Preparation
The preparation of a written appraisal report including an appraiser's analysis, conclusions, and recommendations.
Review & Approval
Client and relevant parties review the appraisal report, and resolution of any questions or issues that may arise.
Report Delivery
Final appraisal report is delivered, along with additional materials or information that may be requested.
