30.          “Discounted” Appraisal Fees

 

Question:

Is it a violation of USPAP to offer reduced appraisal fees for clients that send me a large volume of business?  Could I also offer a discount for the method of payment, such as collecting the fee from the borrower at the time of inspection?

 

Response:

An appraiser may establish his or her fees based on a number of factors, including the amount of business received, business relationships, method of payment, client-specific requirements, etc.  However, appraisers must ensure that they comply with the Management section of the ETHICS RULE.

 

 

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USPAP 2008–2009 Edition
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