The procure to pay cycle has become a standardized process for both procurement practitioners and service providers alike. If you are involved in procurement at all, itâs a term you may have heard thrown around, but are you aware of the actual components of the cycle? Letâs break it down for you!
According to MortgageNewsDaily.com, the national average cost for an appraisal by a licensed professional is between $300 and $400 and should require roughly two hours of inspection time to complete.ccording to MortgageNewsDaily.com, the national average cost for an appraisal by a licensed professional is between $300 and $400 and should require roughly two hours of inspection time to complete.
By contrast, a more complex appraisal could cost between $1,200 and $1,400. Kellogg says the price of the appraisal depends on the scope of work and how long the assignment takes. The more complex the property, the more time and analysis for the appraiser, she says.