Question:

I recently received a request for an appraisal assignment.  The potential client has indicated that there will be other intended users, but has not identified the intended users specifically.  Is it acceptable to identify the intended users by type?

Response:

Yes. STATEMENT No. 9, Identification of Intended Use and Intended Users states:

Neither the client nor the appraiser is obligated to identify an intended user by name. If identification by name is not appropriate or practical, an appraiser’s client and the appraiser may identify an intended user by type. (Bold added for emphasis)

Therefore, in this situation the appraiser should identify the type of intended users applicable to the assignment, (e.g., wholesale loan purchasers).