The Harris Company Real Estate Appraisers / Consultants http://www.harriscompanyrec.com

Re: MAI AI Made as instructed

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Posted by cochise on March 31, 2008 at 17:15:19:

In Reply to: Re: MAI AI Made as instructed posted by cochise on March 31, 2008 at 17:03:36:

The expert appraiser needs to be self-confident and be
an advocate for his or her own work. The appraiser is not
to be an advocate for his or her employer or use the
“made as instructed” approach to value. This latter point
may seem obvious, but there is usually a lot of pressure
exerted on expert appraisers to give the client what is
needed to win the case in question. Sometimes the
appraiser’s best decision is to tell his or her attorney that
the data do not support the attorney’s theory and the case
should be settled.

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