7 Unexpected Considerations in Relocation Appraisals

guest-blogger-banner-1By Frank J. Lucco, SRA

When a relocation appraisal professional is asked to offer an opinion of anticipated sales price, the task can be daunting. Specialized training, education and experience typically are key ingredients when generating a credible opinion of value.

Forecasting involves not only the usual consideration of trends, comparable sales and current competitive listings, but also the nuances of the subject property, the neighborhood and the market area in which the property is located.

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