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So, now you’re stuck between the appraisal “as is” and the highest and best use of the property, which would be beyond your scope of work. You like what they pay and you like working for them, so you may feel a temptation to cater to them. Who is in charge of your scope of work and the future of your business?
What’s important to remember is the realm of your scope of work. The key here is the forms you use are specifically set up for a certain scope of work. You know the scope of work that will work for the problem you are trying to solve. Who honestly likes them anyway? How long have you been appraising?
That made the scope of work different, and perhaps the competency requirement? Was I competent under USPAP to appraise this hog/pig/boar? Could I become competent? Phone a friend? It was for insurance, not an IRS charitable contribution.
Talk to your client to identify the scope of work. Assignment conditions are defined in USPAP as: Assumptions, extraordinary assumptions, hypothetical conditions, laws and regulations, jurisdictional exceptions, and other conditions that affect the scope of work. In damage loss claims these can often be broad.
A Note from the Co-Editor: As an appraiser, I frequently invite new clients to send me pictures of their items so I can review them in advance and better assist with designing an appraisal scope of work that is most appropriate to their needs. There are some objects that are not well-suited for evaluating through photographs.
Many of my clients reach out to me not quite sure what they need and our subsequent discussion of the appraisal scope of work clarifies what type of report will be best suited for their situation. Users of appraisal services should feel empowered to actively ask questions about how their needs can best be met.
Develops scopes of work for appraisal, cataloging, and other documentation activities. Produces audio and video content for special programs to promote conservation and preservation work. Seeks, prepares and submits grant proposals related to the collections and manages funded projects.
I will guide participants through problem identification and scope of work requirements specific to insurance appraisals, where the goal of the appraiser remains the same ever: credible results. In these situations, hypothetical conditions may be necessary.
Oversees the work of contract conservation work, both on and off site. Prepares “Requests for Proposals” (RFPs), identifies qualified bidders, develops scopes of work, and reviews contract conservation proposals.
The cover letter should explain whether the market has gone up or down for the artist(s) being appraised since the object was first obtained as well as explaining the scope of work utilized within the assignment. The value is restated on the appraisal summary page as well as in the description of the object in the body of the report.
A part of this certification asks you to state whether you have (or have not) made an in-person inspection of the property that you’ve been asked to appraise as part of the scope of work for the assignment.
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