Appraisal Practice
How to Get Free Appraisals
- Real estate agents want to sell your house. If you have one for sale, they'll give you a free appraisal, possibly with no obligation to use their services. They may also give you a formal appraisal which costs money, but United Country suggested their free appraisal
- Free appraisals online - any useful? [1]
- How to do comps - [2]
Key resource so far [3]. How tree value counts - 10-25% of property value is the trees. [4]
- Guide to Tree Appraisal - book - $75 - [5]
Definitions
- The standards manual - [6]
- Definitions - [7]
- Appraisal practice is provided only by appraisers, while valuation services are provided by a variety of
professionals and others.
- APPRAISAL REVIEW: (noun) the act or process of developing an opinion about the quality of another appraiser’s work
- ASSIGNMENT CONDITIONS: Assumptions, extraordinary assumptions, hypothetical conditions, laws and regulations, jurisdictional
exceptions, and other conditions that affect the scope of work.
- ASSIGNMENT ELEMENTS: Specific information needed to identify the appraisal or appraisal review problem: client and any other
intended users; intended use of the appraiser’s opinions and conclusions; type and definition of value. Are trees part of the assignment elements?
- Credible assignment results require support, by relevant evidence and logic, to the degree necessary for the
intended use.
- ASSIGNMENT: a valuation service that is provided by an appraiser as a consequence of an agreement with a client
- Form 1004 for residential appraisal
- EXPOSURE TIME: an opinion, based on supporting market data, of the length of time that the property interest being appraised
would have been offered on the market prior to the hypothetical consummation of a sale at market value on the effective date of the appraisal.
- FEASIBILITY ANALYSIS: a study of the cost-benefit relationship of an economic endeavor.
- MARKET VALUE: a type of value, stated as an opinion, that presumes the transfer of a property (i.e., a right of ownership or a
bundle of such rights), as of a certain date, under specific conditions set forth in the value definition that is identified by the appraiser as applicable in an appraisal.9
More
- As we know, damages are a diminution in value to the remainder due to the impact of the acquisition and/or the project. They are generally measured in one of three ways: paired sales analysis, capitalized rent loss, or cost to cure. - Right of way projects - [8]
Orgs
National Appraisal Institute - about making appraisals realistic
The Appraisal Foundation - USPAP
- Council of Tree and Land Appraisers - [9]
- International Society of Arboriculture [10] manages the CTLA?
- ASCA - American Society of Consulting Arborists
- From Billy at MU Extension - - MO Consulting Foresters Association - https://missouriforesters.com/searchMCFA.php
Certifications
- CRA or CGA certified by the Appraisal Foundation.
- Accredited Senior Appraiser [11]
- Appraisal Review and Management Certification [12]
- RCA - Registered Consulting Arborist - [13]. Search here by Zip + Radius [14]
