Topic

Appraisal is defined as "an opinion of value".

1. Of what importance are appraisals for the real estate industry and the industry stakeholders, i.e. buyers, sellers, agents, brokers, investors, lenders, borrowers and others?
2. What are the different types of appraisal methods.
3. Do they all produce the same value?

Topic Appraisal is defined as "an opinion of value". 1. Of what importance are appraisals for the real estate industry and the industry stakeholders, i.e. buyers, sellers, agents, brokers, investors, lenders, borrowers and others? 2. What are the different types of appraisal methods. 3. Do they all produce the same value? Think About Briefly research the definition of appraisal and the three types of appraisal methods explained in the chapter. Consider how the different types of appraisals are completed