Who holds the responsibility for the scope of work decision in an appraisal assignment?

The responsibility for the scope of work decision in an appraisal assignment lies with the appraiser. The appraiser is tasked with determining the appropriate scope of work based on the assignment's objectives, the intended use of the appraisal, and the specific requirements set forth by the client. This includes deciding which data to collect, what analysis methods to employ, and the level of detail required, making it a critical component of the appraisal process.

The appraiser must also ensure that the scope of work meets the standards established by professional organizations and regulatory bodies, as well as sufficiently addresses the needs of the intended users. By taking on this responsibility, the appraiser demonstrates professional judgment and adherence to ethical guidelines, ensuring the final report is credible and useful for decision-making.

Other parties, like the client, broker, or inspector, may influence or provide input regarding the appraisal's objectives or requirements. However, the ultimate decision regarding how to approach the appraisal falls squarely on the appraiser, highlighting their role as a qualified expert responsible for delivering an accurate and reliable valuation.