Overview:
The scope of work decision is one of the most critical decisions you will make in the initial development of your report. This decision, resulting research and analysis, and proper communication of both client and intended user(s) can be keys to a beneficial relationship with clients and increased future success.
This seminar addresses the wide range of services you can offer your current and potential clients. It also clearly highlights the practical application of the scope of work decision in a variety of everyday appraisal assignments. You will also learn how to properly disclose the scope of work in your appraisal report.
Understanding scope of work will provide you with new appraisal and consulting opportunities, improve profitability and increase client satisfaction, all without breaking any rules! You will learn how to customize your work, gain flexibility, and provide your clients with services that further satisfy their needs.
Syllabus:
Introduction
Module 1: What is Scope of Work?
Module 2: Scope of work in USPAP
Module 3: Using Scope of Work in Appraisal Practice
Module 4: Your Range of Services
Module 5: Communication and Disclosure
Module 6: Scope of Work and Flexibility
Conclusion
Learning Objectives:
Understand the evolution of scope of work in USPAP and the level of flexibility it provides in today’s appraisal assignments.
Recognize the responsibility to understand the clients’ intended use of the assignment results and how that affects the appropriate scope of work.
Demonstrate the ability to make the appropriate scope of work decision for a variety of assignments.
Recognize the wide range of services you can provide to meet clients’ varied needs.
Write a clear, concise, and accurate scope of work statement for an assignment.
AI CE Credit for Designated Members
This program is approved for 1 hour of Appraisal Institute CE credit for every hour taken.