BASIC SERVICE COSTS & DELIVERABLES

Payment for appraisal services can be structured on either a fixed fee basis or on a consulting basis at an hourly billing rate. All assignments are handled under an engagement letter which clarifies all aspects of the project. A 50 percent retainer is requested for most project assignments. Expert testimony and related preparation is usually charged separately from report preparation fees. Most assignments can be completed within 21 days from the date all requested information is received from the client to perform the analysis. A draft report is usually sent first, with final reports published after the client’s review and authorization.