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Competence and adherence to high ethical standards are the hallmarks of a professional. In order to meet the requirements of the real estate appraisal profession, you need the guidance provided in Scope of Work, a practical handbook by Stephanie Coleman, MAI, SRA.
The scope of work concept, which is central to the Uniform Standards of Professional Appraisal Practice, gives appraisers the flexibility to tailor each assignment to the circumstances of the appraisal and the needs of the client. While misuse of the scope of work concept can be disastrous, an appraiser who knows how to apply it in practice and to communicate it clearly in an appraisal report can enjoy increased security, opportunity, and success.
About the Author:
Stephanie Coleman, MAI, SRA, is the Director of Screening for the Appraisal Institute. She has nearly 30 years of experience in the property valuation field and has been actively involved with the Appraisal Institute in the areas of appraisal standards, ethics and counseling, education, and publications. She is the author of Understanding Limited Appraisals and Appraisal Reporting Options, published by the Appraisal Institute in 1994, and co-developed a seminar by the same name. More recently, she has been involved in the development of the Appraisal Institute's Scope of Work seminar. Ms. Coleman is a past member of the Appraisal Standards Board of The Appraisal Foundation, the body responsible for developing and interpreting the Uniform Standards of Professional Appraisal Practice (USPAP). She is an AQB-approved USPAP instructor and is actively engaged in teaching classes on USPAP throughout the United States.