Professional Report

FOR BROKERS & APPRAISERS

Impact Check’s Professional Report gives appraisers an easy to use, “unified way”, to ensure that they have taken into consideration locational obsolesce on every appraisal which based upon guidelines from the National Appraisal Institute is a requirement. These standards vary with the type of appraisal requested, proposed hypotheticals, scope of work, legal instructions given, limitations, the purpose of the appraisal, and other factors. However, in situations like the ones discussed for brokers, the AI imposes upon appraisers the duty to become aware of and to consider locational obsolescence. Impact Check’s Professional Report is the minimum standard for professional care.