APPRAISAL DELIVERY PROCESS
C
11/15/2019
ACCURATE VALUE APPRAISAL
Preliminary Research
I
- Research assignment
- Unusual site discrepancies
- # of suitable comparables
- Distance
- Complexity in measurement
- Complexity in form type
- Determine price
- Decide what to do with order on client platforms
- Accept/Conditions/Reject
Research
R
- Subject research
- Comparable research
- Comparable selection
Research Duties
Subject research
- Collect property detail from public records, Google Maps, and MLS.
- Note down pertinent information regarding location, view, etc.
Comparable research
- Research public records and MLS for comparables.
- Find best available comparables, prioritizing lot size, GLA, distance, bed/bath count, and condition.
- Document best available comparables for data entry.
Office Staff
S
- Schedule Inspection
- Interview
- Update
Schedule Inspection
- Call point of contact.
- Schedule inspection.
- Update client.
Detail
- Gather information from POC regarding contact discrepancies from public records and recent
updates.
Appraisal Inspection
I
- Subject Photos
- Comparable photos
- Measurement
- Sketch subject
- Interview and documentation
Inspector
See document:
Guidelines for Appraisal Inspection
Inspector
Data Entry
D
- Form Data Entry
- All parts of appraisal report not requiring analysis.
- Subject info, Sketch, Comps, maps, photos, etc.
Data Entry
Virtual Assistant
See procedural manual: "Appraisal Report: Data Entry"
Analysis
A
- Comparable adjustments
- Neighborhood Analysis
- Cost Approach
- Market Conditions Addendum (1004-MC)
- Supplemental Addendum
- Preliminary decisions on value
Pricing
Pricing
$2,000
Service 1
Service 2
Service 3
Service 4
Service 5
$3,000
Service 1
Service 2
Service 3
Service 4
Service 5
$1,000
Service 1
Service 2
Service 3
Service 4
Service 5
Quality Control
- Final check of report for errors and consistency
- Addressing unusual aspects of report
Revisions
- Complex revision requests
- ROV