The market for real property valuation services is changing and expanding in ways that no one could have foreseen a few years ago. Traditional point-in-time appraisal now competes with a number of alternatives including risk assessment services, title and mortgage value insurance products, automated valuations, and appraiser-assisted automated valuations, to name a few. When undertaking any assignment appraisers must first and foremost ensure that they are complying with CUSPAP that they do not violate the professional code of conduct, that the work performed is done in a competent manner, and that all due diligence has been applied. An important aspect of professionalism is the consultative focus that professionals bring to the marketplace. In taking on such assignments, appraisers need to be mindful of the value they bring to the table and the complexity of the work being undertaken when they establish their professional fees.
President’s message Professionalism: an unwavering constant in an evolving marketplace George
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"Professionalism: an unwavering constant in an evolving marketplace/Professionnalisme : une constante inbranlable dans un march en volution"Please download to view full document