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Standing Contract With Clients?

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Wasatch

Thread Starter
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
 

graindart

Junior Member
Joined
Jan 20, 2002
Professional Status
Certified Residential Appraiser
State
Montana
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).
 

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
I've not had a client request same since a plethora of such requests right after GLB Privacy Act passed
 

Lee in L.A.

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
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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