Disclaimer: The opinions expressed on the AIC exchange are those of the authors and do not reflect the opinions or positions of AIC. Readers are encouraged to discuss the ideas and contents of those blog/articles on-line and to share their own opinions through the comment section below.
There is an overall misunderstanding about how an appraiser arrives at a market value, sometimes leading to a misconception that "the appraiser killed the deal". This article will debunk these myths and provide additional insight and perspective from a designated appraiser’s point of view.
As the 2008 - 09 financial crisis so clearly demonstrated, real estate markets - when not appropriately regulated and managed - can contribute to the instability of a nation’s economy. One of the core elements of a healthy and balanced real estate market is a systemic approach and commitment to reliable property valuations.
An AIC Designated Member gives some insight into a career with municipal goverment In The City of Edmonton.
This article is the first of a series that will address the concept of value within the emerging multi-cultural economies of the 21st Century. The objective is to foster an on-line dialogue between AIC members that will lead to an enhanced understanding of the concept of value and provide a basis for discussion to which you, the reader, can respond with your comments, opinions and ideas.