Remove Appraisal Process Remove Book Remove Market Value
article thumbnail

Skepticism Can Lead to Poor Decisions

Cleveland Appraisal Blog

Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. That’s the same reason many of our clients require that we make a physical inspection and measure the improvements of the property we are appraising. It’s got a lot of great advice!

Appraisal 221
article thumbnail

What’s My Business Really Worth? 12 Q&A To Solving Your Business Valuation Mystery [2021]

The Robert Weiler Company

As such, our experts at The Robert Weiler Company have put together this business valuation ‘questions and answers’ overview to offer more clarity behind the business appraisal process. They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach.

Valuation 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tools To Support Appraisal Adjustments

Appraisal Today

By Tony Pistilli Excerpts: I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the pages of each book. Each month there was a new book, but every 6 months, there was a combined book with the last 6 months of sales in one bound and printed book.

Tools 65
article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Question 6: What is the overall commercial real estate appraisal process?

article thumbnail

Appraisal Reviews – Who and What

Appraisal Today

Click here —————————————————————————– Review: Residential Property Appraisal Buy This Book!! The book is still relevant in 2024.

article thumbnail

Appraisal Value Vs. Sale Price

Appraisal Today

Value is defined in the Uniform Standards of Professional Appraisal Practice (USPAP) as: “The monetary relationship between properties and those who buy, sell, or use those properties, expressed as an opinion of the worth of a property at a given time. Unlike value, price is not an opinion. What is Sale Price? It is a fact.

article thumbnail

2024 USPAP For Appraisers

Appraisal Today

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. This year, for the first time, you can purchase just the book of USPAP standards for $35. It shows a fundamental lack of understanding of what appraisers do.