In an effort to help appraisers meet the competency and ethical standards of the profession, the Chicago-based ""Appraisal Institute"":http://www.appraisalinstitute.org/, a global membership association of real estate appraisers, has published its first audio book Ã¢â‚¬"- ""Scope of Work,"" by Stephanie Coleman.[IMAGE] [COLUMN_BREAK]
The scope of work concept is central to the Uniform Standards of Professional Appraisal Standards, and it gives appraisers the flexibility to meet the needs of their clients. The Appraisal Institute said misuse of this concept can be disastrous, but an appraiser who knows how to tailor each assignment to the circumstances of the appraisal can enjoy increased security, opportunity, and success.
In addition to writing ""Scope of Work,"" Coleman is the author of ""Understanding Limited Appraisals and Appraisal Reporting Options,"" published by the Appraisal Institute in 1994, and co-developed a seminar by the same name. She is the director of screening for the Appraisal Institute and has more than 30 years' experience in the property valuation field. In addition, she is actively involved with the Appraisal Institute in the areas of appraisal standards, ethics and counseling, education, and publications.