Making Sense of the Changing Landscape of Valuation: Appraisers and Data Standards
By Mark Linné | October 12, 2007
The following article is an excerpt based on a presentation made by the author at the AppraisalPort Conference in Washington, D.C. in August 2007.
Change has defined the status quo for virtually all business and organizational structures in recent years, and the real estate and appraisal industry are the focal points for changes that are ongoing within the financial services and informational service sectors of the economy. The valuation segment of real estate is the critical driver to understanding the marketplace, and how profound the changes could ultimately be. Lenders rely on collateral valuation to quantify risk and to hedge potential losses. If real estate has...
[Read On]