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Podcast: Tim Andersen, The Appraiser's Advocate Podcast
Episode: Ask Why! It's OK! - TAA Podcast 079
Description: Ask Why! It’s OK! Appraisers have an ethical obligation to understand what they are doing. We call it COMPETENCY. USPAP even has a Competency Rule. Why? Because the client has the right to assume our appraisals are credible, accurate, reliable, and reproducible. Our reports must not mislead anybody. And how do we do all this? Simply, we ask “WHY?” a lot. Our client is going to ask, “Why is my property worth only $350,000?” We are the professionals, the experts. It is our job to be able to explain to the client why their property has a value of $350,000. Nothing sa...