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The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisalprocess. Below is a detailed explanation of each technique to ensure the adjustments are well-supported and align with market trends.
The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property. Question 6: What is the overall commercial real estate appraisalprocess?
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