Unit 6: The Appraisal Process
- What are the six steps in the appraisal process?
- Why is defining the problem an essential first step in an appraisal?
- What factors should an appraiser consider when determining the scope of work?
- What are the three primary approaches to value, and when is each approach most reliable?
- How does an appraiser reconcile different valuation approaches to form a final opinion of value?
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