The ABCs of valuation — Understanding the process
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Description
Abstract: Although each valuation may vary somewhat depending on an appraiser’s preferences as well as protocol and case requirements, most valuations follow an established set of steps. This article explains some of the basic steps of the valuation process, including defining the engagement, gathering relevant information and analyzing data. In addition, the article notes the importance of good verbal communication skills, breadth of experience and uncompromising objectivity. (Updated 11/30/12)
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