A NEW REAL ESTATE VALUATION PROCESS IN THE FIELD OF RESIDENTIAL FINANCING

Markus Staiber

ERES from European Real Estate Society (ERES)

Abstract: The traditional valuation process with high costs and a long processing time has become increasingly difficult to maintain due to the competitive market and new approaches being utilized for valuation for financial purposes. The paper suggests a new appraisal process for the financing of residential properties. The suggested process places the valuer in a supervisor-like role over a partly automated process. The valuer then controls the process, valuing unusual properties and constantly improving the valuation process.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2008-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2008_264

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