3 Alternatives to On-Site Inspections for Appraisal Reports

Published by Claire Ponsaran on May 8, 2020

The process of writing up an appraisal report typically involves exterior and interior inspections, which allow the appraiser to determine the characteristics of the subject property. Usually, the appraiser visits the subject property as well as comparable properties with similar characteristics.

However, this practice of doing on-site inspections and comparable research isn’t restricted to the appraiser. The USPAP guidelines provide some allowance for a real estate appraisal assistant to perform non-significant work or even a third-party inspector to provide significant assistance to the appraiser.

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3 Alternatives to On-Site Inspections for Appraisal Reports

3 Alternatives to On-Site Inspections for Appraisal Reports

The process of writing up an appraisal report typically involves exterior and interior inspections, which allow the appraiser to determine the characteristics of the subject property. Usually, the appraiser visits the subject property as well as comparable properties with similar characteristics.

However, this practice of doing on-site inspections and comparable research isn’t restricted to the appraiser. The USPAP guidelines provide some allowance for a real estate appraisal assistant to perform non-significant work or even a third-party inspector to provide significant assistance to the appraiser.

Outsourcing to the Philippines Real Estate Appraisal Support

Outsourcing to the Philippines: Real Estate Appraisal Support

Imagine hiring an appraisal assistant who is as competent, hard-working and intelligent as the rest of them, but who is willing to work for less than $15 an hour. This opportunity to cut down costs while maintaining the same level of quality in appraisals is irresistible to many professionals working in real estate. It’s also a delicious opportunity to increase their productivity and connect with more potential customers.

But, you’re not just hiring staff for appraisal support because you want to cut down costs. You’re hiring them because your time is infinitely more valuable than your staff’s. If you’re able to delegate non-profitable tasks to your appraisal support staff, then you’ll have more time to spend on what you do best and profiting from it.

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