SOW question

[CANative]

I have two open assignments, both land appraisals, both acreage, both rural, both are equally difficult but for different reasons.

Assignment #1 is for a seller and his agent. The seller wants the agent to work harder and spend more money on marketing. The agent is convinced that the property is grossly overpriced. Two wooded lots in the high country, one has a horse barn and nice pastures, 35 acres; the other 20 acre lot is almost all in a very broad, three (sometimes two) season creek bed (rocky, ugly, not much use or appeal... perhaps a potentional homesite along a road on the other side of the creek but not a very appealling parcel). The seller wants to sell both lots in a single transaction.

Assignment #2 is for a party who is considering purchasing a 20 tract of very remote coastal land and wants my market value opinion to use in deciding on the amount of a purchase offer. The lot is not listed for sale and the seller is probably not overly motivated to sell.

Other than the differences in the scope of work due to the differences in the properties' characteristics what would be different about the SOW solely based on completely opposite intended uses? In other words, what would I being doing for a potential seller's appraisal that I wouldn't be doing for a potential buyers's appraisal and vice versa?

I'm working through these over the weekend and I'd like to hear some thoughts.

 

[Lee Lansford]

Peter, the Intended Use and User: Market Value as of Effective Date for the Homeowner. This report is not intended for any other use or user.

...

Your statement above identifies the Intended User ("homeowner") but not the Intended Use.

"Market Value as of Effective Date" does not identify Intended Use.

 

[jay trotta]

Here ya go;
INTENDED USE: the use or uses of an appraiser’s reported appraisal, appraisal review, or appraisal consulting assignment opinions and conclusions, as identified by the appraiser based on communication with the client at the time of the assignment.

INTENDED USER: the client and any other party as identified, by name or type, as users of the appraisal, appraisal review, or appraisal consulting report by the appraiser on the basis of communication with the client at the time of the assignment.

As noted on "Use" and "User"....the "Communication needs to be established by the User and the Appraiser"; conclusion's drawn upon by visitors of Pluto are irrelevant. What we have here is a failure to communicate......Cool Hand Luke

Good Luck in your neighborhood, Mista Rogers

 

[Tim Schneider]

Board will throw your report out for being "made as instructed"....

But what if you were an MAI?