Appraiser Tim Williams currently leads a number of businesses related to commercial real estate in Idaho, including Single Point Solutions and the Idaho Research Group. With more than 20 years of commercial real estate consulting and appraisal experience, appraiser Tim Williams is also a member of the Appraisal Institute (AI).
AI recently published a new guide titled “Review Theory and Procedures: A Systematic Approach to Review in Real Property Valuation,” in response to the increasing level of scrutiny surrounding appraisal reports in the last few years. The publication features an appraisal review process flowchart and includes a model that describes how to organize and execute the tasks associated with a review assignment. In the book, AI outlines each step of the review process, starting from the identification of the client’s concern and concluding with the reviewer’s findings in the review report.
The guide also explores a wide range of appraisal review theory, such as the reviewer’s role in the valuation field, professional competence criteria, assignment challenges, and the current regulatory environment. According to the president of AI, the book is a significant contribution to the growing body of scholarship on the review discipline.
AI recently published a new guide titled “Review Theory and Procedures: A Systematic Approach to Review in Real Property Valuation,” in response to the increasing level of scrutiny surrounding appraisal reports in the last few years. The publication features an appraisal review process flowchart and includes a model that describes how to organize and execute the tasks associated with a review assignment. In the book, AI outlines each step of the review process, starting from the identification of the client’s concern and concluding with the reviewer’s findings in the review report.
The guide also explores a wide range of appraisal review theory, such as the reviewer’s role in the valuation field, professional competence criteria, assignment challenges, and the current regulatory environment. According to the president of AI, the book is a significant contribution to the growing body of scholarship on the review discipline.