Which step in the appraisal process involves communication of the appraiser's opinions?

The communication of the appraiser's opinions occurs during the reporting stage of the appraisal process. This step is crucial as it involves the preparation and delivery of a written report that outlines the appraiser's findings, conclusions, and the rationale behind their value opinion. The report needs to be clear, concise, and comply with relevant standards, providing sufficient detail to support the appraiser’s conclusions. This is essential for ensuring that the client and any other stakeholders can understand and rely on the information provided.

In contrast, the identification of the problem focuses on understanding the client’s needs and the purpose of the appraisal, while the determination of the scope of work involves defining the specific procedures to be employed in the appraisal process. The receipt of a fee from the client is an administrative aspect that relates to the business side of the appraiser's practice, not a stage where opinions are communicated. Thus, the reporting step is where appraisers effectively convey their professional judgments and analyses.