What should an appraiser clearly define when engaged in a role outside of appraisal practice?

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When an appraiser engages in a role outside of traditional appraisal practice, clearly defining their role as an advocate rather than as an appraiser is crucial. This distinction is necessary because the responsibilities, obligations, and expectations associated with advocacy differ significantly from those in appraisal work.

In the advocacy role, the appraiser may be involved in promoting a specific viewpoint or position, which changes the nature of their responsibilities and the ethical considerations they must adhere to. By clarifying this role, the appraiser helps to set appropriate expectations for all parties involved and ensures transparency regarding the nature of their work. This transparency is essential for maintaining professional integrity and managing potential conflicts of interest.

While identifying potential biases, fees for services, and expected outcomes are important aspects in various contexts, the primary focus here is the need for clarity in the nature of the role the appraiser assumes outside of traditional appraisal, emphasizing the distinction between objective valuation and subjective advocacy.

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