- What should the customer know about your pricing (e.g., discounts, fees)?
Pricing depends on the type of appraisal requested and the property involved. Both a house measurement and Competitive Market Analysis (CMA) cost $150. A full appraisal with 3 valuation methods starts at $450. Typically extreme rural properties and/or larger plots will increase the price due to finding comparables and drive times. If you are going to sell your house and want to understand what to sell the house for, we would recommend asking your real estate agent for a CMA (Competitive Market Analysis). They sometimes offer these for free but do not hold up for legal purposes or finance funding.
- What is your typical process for working with a new customer?
First, we will schedule a call to try to understand the purpose of the appraisal, the timeline needed and who it is for. Second, we gather as much information as possible on the property and usable comparables. If needed we will schedule an onsite property review where we will take pictures and measure the inside and outside of the house and any improvements on the property. We will also take street views of comparables being used. Once this is completed we begin the research and analyze the data to establish value. This can take several days depending on complexity and conformity. Once completed and payment has been made, we will send the client the report.
- What education and/or training do you have that relates to your work?
-150 hours of qualifying appraisal education outlined by the Appraiser Qualifications Board (AQB) and TALCB. -1,000 hours of acceptable and verifiable appraisal experience acquired over a minimum of 6 months -Meet TALCB’s qualifications for honesty, trustworthiness, and integrity -28 hours of continuing education every two years including 7 hours of updated USPAP (Uniform Standards of Professional Appraisal Practice).