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(Code of Ethics reproduced with permission from the Canadian Personal Property Appraisers Group)
Most clients are inquiring for an appraiser for the first time in their lives, and probably won't need one again. As a result they are interested in what's involved, e.g. is the appraisal certified or accredited, and what are the costs. Most people like to know up front what fees are involved. This varies according to:
It is the appraiser's job to set at ease the concerns of the client so there are no surprises, and the appraiser must be totally honest and up front with all these inquiries and earn the trust of the client. This is done with usually a free phone consultation or email, or a combination of both before an agreement is made and prior to inspecting the assets to be appraised by the appraiser. They must know a full and confidential report will be completed for them that will stand the test of excellence so the client can rest assured that the appraiser will meet the highest professional standards as demanded by the organization that renews his/her qualifications annually.
A successful respected appraiser will possess the following qualities:
experience in dealing with commonly appraised subject matter. However, unfamiliarity with a given
subject matter should not form a barrier between the appraiser and the goods to be appraised.
Adequate consultations with those familiar with the subject matter, along with various techniques of price sourcing should provide the appraiser with the necessary knowledge to produce a qualified appraisal.
Wherever you are in Canada or the USA, call JR's Certified Appraisals
when you need an appraiser.
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