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8 Common Violations Made by Appraisers

McKissock

When it comes to appraisal violations , certain minor violations are very common. In this article, I outline several examples of less serious breaches of development STANDARD 1 and reporting STANDARD 2—and a few other types of violations, too. Failure to disclose appraisal assistance.

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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

Imagine if you don’t have a good workfile, and a complaint is filed, and you retrieve the workfile and take a look at it and think, “What was I doing when I did this appraisal? There should be enough information in your workfile so that you know exactly what you were thinking when you developed and reported that opinion of value.

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Appraisers and Property Data Collectors

Appraisal Today

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

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Are Appraisers Professionals?

Appraisal Today

Expertise Professionals strive for proficiency in their field, continually enhancing their knowledge through education, webinars and personal development efforts. At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria?

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Types of Appraisal Values

Appraisal Today

Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. Most often, it is defined as the most probable price a property should sell for under typical conditions. 31, 2024.