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SOUTHLAND BUSINESS GROUP, INC.
Fees And PaymentOur fees are based on the number of hours required by each staff member to complete the appraisal assignment. The fees will be different for every case and may range from $1,800 to $15,000 or more, depending on the complexity of the company and the assignment and on the purpose for which the appraisal is needed. We are happy to quote estimated and "not-to-exceed" fees. Such
quotations can only be made after initial discussions have been held and certain
data has been supplied. Fees are never contingent upon the values reported. Fees for an appraisal report do not include preparation for or testimony in court proceedings. Those fees are quoted separately but on a similar basis. We always confirm the fees and the nature and scope of the assignment for you in a written "Letter of Agreement." A retainer of 50% of the estimated cost of the appraisal is required as your confirmation of our "Letter of Agreement." The balance of the fee is payable on completion of the assignment. The time required to complete the work also varies in each instance. It could be from three to four weeks to as long as 15 or 20 weeks. A norm for a written report is perhaps six to eight weeks after receipt of all required data.
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