The Appraisal Institute Demonstration Report评所论证报告.pptVIP

The Appraisal Institute Demonstration Report评所论证报告.ppt

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The Appraisal Institute Demonstration Report评所论证报告

* DEMO FAQs (General and Residential) How long should the report be? Most demo reports are too long. Understandably, associate members are reluctant to risk being downgraded for omissions or insufficient explanation. Although some associates are able to write completely and succinctly, others find this very difficult. (cont.) * Demo Report Length FAQ (cont.) Experience shows that reports often run long due to redundancy, inclusion of extraneous material, and misunderstandings about what the problem is, and how it should be solved. Most writers use too many words when they should strive for the best words. THE GOAL SHOULD BE TO WRITE PRECISELY AND CONCISELY * TARA Description: Three Appraisal Report Alternative As an alternative, the general associate may submit three full narrative appraisal reports which, in the aggregate, demonstrate the same level of knowledge, understanding, and application of appraisal principles, theories, and techniques. * Important TARA Requirements The reports must be prepared without assistance or revision by another person. If an associate plans to submit a draft appraisal report to another appraiser for possible approval or revision, the associate must save a copy of the draft report. The associate may enhance the draft report to expand the analyses, reconciliation, or other aspects to meet the requirements listed for the three appraisal reports. * Required TARA Requirements The reports must relate to real property other than 1 – 4 unit residential; Each appraisal must be communicated in a full narrative format; Each date of value must be no more than five (5) calendar years prior to the year of submission to the Appraisal Institute; (Remember to properly handle retrospective opinions according to USPAP, if applicable!) Each report must meet the applicable appraisal standards; and, (cont.) * Required TARA Requirements Each report must contain the types of analyses listed below: 1. At least one report MUS

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