Here's What You Will Learn:

How to write a binding contract that will avoid confusion over what work will/will not be performed and how and when you will be paid.
The three types of appraisal reports and when to use each one.
The factors that affect markets.
The "Bundle of Rights" and how they affect value.
How to identify the various market levels and determine which one applies to your appraisal assignment.
The three approaches to estimating value and when to use each one.
The different types of value.
The forces that influence value.
The principles of value and how these principles apply to the marketplace.
Property mobility and how it affects value.
Conditions that can limit the scope of your appraisal.
The importance of knowing the difference between the report date, effective date and inspection date in an appraisal report.
The importance of knowing when to accept or decline an appraisal assignment.
The difference between a literal and an interpretive description of property.
How to define an appraisal problem so you will know what type of market and value to consider when appraising a subject property.
How to plan your appraisal to avoid leaving out important factors that could affect the accuracy of your estimated value.
The types of transactions that establish property ownership.
Restrictions that can affect property ownership, use and value.
The significance of knowing the difference between price, cost and value.
How to use the factors that influence markets to analyze market conditions.
The importance of understanding the intended use of an appraisal.

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