Consulting
Appraisals Consulting
Appraisal consulting requires an appraiser to identify a problem to be solved and the scope of work necessary to solve the problem and correctly complete the research and analysis necessary to produce creditable results. Under the Uniform Standards of Professional Appraisal Practice, a consultation assignment requires an appraiser to develop, without advocacy, an analysis, recommendation, or opinion where at least one opinion of value is a component of the analysis leading to the assignment results. Under the Uniform Standards of Professional Appraisal Practice, appraisal consulting does not apply to services provided by an appraiser acting under the standards of other professions or other activities. For example, when an appraiser who is also an investment consultant provides a service that does not require an opinion of value, that appraiser acting as an investment consultant is not performing an assignment addressed by this standard.