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Standing Contract With Clients?

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Wasatch

Freshman Member
Joined
Feb 24, 2017
Professional Status
Certified General Appraiser
State
Utah
Hello everyone,
I am striking out on my own in a new state, after years appraising in a small CA shop. When you begin appraising for a new client, do you sign a standing agreement with them? I'm imagining that such an agreement would outline payment terms, instructions for requesting/sending reports, conflict resolution etc. Is this how you work?
Thanks!
Wasatch
 
Good luck. I'd say a lot of it depends on the type of client. If you're talking lender work, each lender / AMC usually has an application process in which you submit stuff to them and they "approve" you (or not).
 
I've not had a client request same since a plethora of such requests right after GLB Privacy Act passed
 
When you begin appraising for a new client, do you sign a standing agreement with them?

If that's what they want, that's what you have to do if you want their work.
Mostly the big companies, smaller ones less likely to want a contract.
 
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