Is Appraisal Obsolete (The Process)?
Process: Current appraisal practices are controlled by the quirks of each ‘valuation’ industry: appraisal by obsolete assumptions of data difficulty, AVM ‘automated’ models by industrial secrecy, and other non-appraiser products which are under-regulated or over-regulated — depending on original intent. In order to fully consider the place of appraisal—we have to look at the entire […]