THE APPRAISAL PROCESS
Initial Discussion - generally, in one telephone discussion with Robin the intended
use of the Appraisal Report and scope of work of the assignment is defined
Letter of Agreement - Robin confirms her understanding of the assignment with a letter
of agreement, the Client signs the agreement to acknowledge they wish her to proceed
Property Inspection - Robin personally inspects the property to identify, photograph
and record property description including condition; the Client provides relevant
information and pays a non-refundable retainer at time of the inspection
Research and Analysis - once approach to value is defined, Robin conducts the necessary
research and analyzes the collected data to conclude value
Appraisal Report - Robin then writes and delivers two copies of the Appraisal Report
to the Client with the final invoice; the assignment concludes upon receipt of final
payment
