But the most common reason for value differing from price is that either the buyer or the seller is uninformed as to what a property's market value is but nevertheless agrees on a contract at a certain price which is either too expensive or too cheap. This is unfortunate for one of the two parties. It is the obligation of a real property appraiser to estimate the true market value of a property and not its market price.
After speaking with the county on Friday, we realized we needed an appraisal very quickly for a plan submission that coming Monday. Based on prior excellent reviews, and clear FEMA experience, I gave John a call.  I would not normally expect someone to turn around an appraisal that quickly, never mind over the weekend, but John was able to fit it into his schedule and didn't miss a beat.  He was at the property on Saturday and had an appraisal to us on Sunday.  It was exactly the work product we needed and it definitely saved the day.  John is very personable and professional.  He will definitely be my go-to appraisal source and referral.
It was such a pleasure meeting you at the Lenders' Consortium Home Buyer Class on March 18th. As I mentioned to you in our conversation, it's not often that you find someone with the customer service skills that you presented to the potential homebuyers. You came from a position of contribution which always makes the reception of the information better. As a resident of Leon, I was enlightened by a lot of the information you presented during this session. Keep up the good work! It's appreciated!!!

Summary:Commercial Real Estate Appraisals & Brokerage for various commercial property types, including multifamily apartment complexes, mix use vacant land, retail, proposed retail, industrial, office, office condominiums, vacant land subdivisions, mobile home parks, hotel, motels, shopping centers, eminent domain takings, highest and best use analysis, agricultural property, restaurants, insurable values, leased fee valuations, medical office, ad valorem tax disputes, among other property types ...


PINZ incorporated much of the membership of the NZIV, the Institute of Plant & Machinery Valuers (IPMV) and the Property & Land Economy Institute of New Zealand (PLEINZ). PINZ now represents the interests of valuers, property and facilities managers, property advisors and plant and machinery valuers. PINZ has developed into one of the largest professional bodies for standards, qualifications and ethics across all facets of the property profession within New Zealand. It works with government, industry and other professional associations, education stakeholders and the media to promote its standards and views.[33]
In 2011 to 2015, the number of Registered Valuers in New Zealand has generally between only around 900 to 950 each year. This is an ageing 'top heavy' professional with difficulty retaining new and young members due to pay, work stress and the recent advent of 'clearing houses' for banks to order valuations for mortgage purposes. The clearing houses have largely ended the long-standing local practice of members of the public seeking advice directly from a valuer. The use of electronic estimates based on Rating Values (Local Government mass appraisal for levies) is also leading to a reduction in standard valuation work and is significantly affecting the viability of small valuation businesses. The profession is in the process of a wider corporate re-structuring of the valuation market due to these factors with various perceptions within profession as to the merits of the events of the last five years.
Most jurisdictions have an appeal process for contesting an assessment. While the specific rules vary from one locality to the next, the process typically involves a hearing before an assessment appeal board. Taxpayers who have concerns about their assessment should visit their local Assessor's Office or its website to learn about the appeal process and what information is required in order to appeal a property tax assessment.
Real estate valuation in New Zealand is regulated by the New Zealand Institute of Valuers ('NZIV') and the Valuers Registration Board of New Zealand ('VRB'), both of which are statutory bodies established under the Valuers Act 1948 (NZ). The NZIV remains the statutory professional body for valuers in New Zealand, with perpetual succession under the Act (which is under review as at 2015). The NZIV can make Rules as lower level legislation and has a Code of Ethics. The NZIV Rules were last changed in 2012 and remain current. The VRB has jurisdiction in relation to serious matters affecting the registration of a valuer including discipline where a valuer has acted in such a way as to meet the threshold. The Valuers Act 1948 sets the threshold under s31 as matters where a valuer could be struck off the register of valuers. The NZIV has power for discipline for relatively more minor matters. The NZIV governs NZIV members and has power to discipline members and fine them up to $500, admonish members or terminate their membership. The designations "Registered Valuer" and "Public Valuer" are legally protected under the legislation, being reserved for Valuers Registered under the Act. The NZIV, under the Act, can admit non-valuer members (such as non-valuer land economists).
Itemize your improvements. Jot down the repairs and updates you’ve made over the years, when you did them and how much they cost. Remember the items that an appraiser might not notice, like a new roof or insulation—and even minor items like a new kitchen sink count too. Please note that improvements do not represent a dollar for dollar increase in value, but every little bit helps!
The general condition of the building and grounds will also be taken into consideration. For example, the status of the foundation and the condition of the roof may require repairs and renovations. In addition to the building itself, the land that it stands on can also play a factor in the analysis. It is common for an appraiser to take photographs of the property, both inside and out in order to document its condition.
The general condition of the building and grounds will also be taken into consideration. For example, the status of the foundation and the condition of the roof may require repairs and renovations. In addition to the building itself, the land that it stands on can also play a factor in the analysis. It is common for an appraiser to take photographs of the property, both inside and out in order to document its condition.
Today, Orange County Property Appraiser Rick Singh, CFA, was awarded the 2018 Ian W. McClung International Award by the International Association of Assessing Officers (IAAO) for his exemplary leadership in developing valuation professionals around the world. Mr. Singh was chosen to receive this award for “Theme Park Valuation,” a presentation made in October 2017 at the IAAO International Symposium during which he shared the methods, techniques, and magnitude and importance ...More  
In the course of evaluating a property, an appraiser is expected to be alert and take notice of aspects and characteristics of the property, as well as the surrounding area, that could affect the value. This can include assessing the overall noise levels of the area, proximity to sources of recurring loud disturbances such as an airport or a railroad line, as well as the view offered by the property. Obstructions by neighboring buildings, for instance, could reduce the value of a property.
An appraisal is an unbiased professional opinion of a home's value. Appraisals are almost always used in purchase and sale transactions and commonly used in refinance transactions. In a purchase and sale transaction, an appraisal is used to determine whether the home's contract price is appropriate given the home's condition, location, and features. In a refinance, it assures the lender that it isn't handing the borrower more money than the home is worth. 
Frishe, 67, is a consultant and real estate broker who served two stints in the Florida House, from 1984 to 1990 and 2006 to 2012. He views the appraiser's position as a ministerial job that requires managing people and providing top-notch customer service. But experience is important. While Frishe has a laudable record of community involvement, he cannot match Twitty's expertise in the appraisal field.
This information was derived from data which was compiled by the DeSoto County Property Appraiser Office solely for the governmental purpose of property assessment. This information should not be relied upon by anyone as a determination of the ownership of property or market value. No warranties, expressed or implied, are provided for the accuracy of the data herein, it's use, or it's interpretation. Although it is periodically updated, this information may not reflect the data currently on file in the Property Appraiser's office. The assessed values are NOT certified values and therefore are subject to change before being finalized for ad valorem assessment purposes.
Adjudication of valuer-certified estimates of value in case of the onset of disputes is conducted through the Experts Councils of valuers' SROs. Official courts tend to concur with the resolutions of such Councils. In some rare instances the imprimatur of SRO's Experts Councils is also required for a valuation done by a particular valuer to enter into effect.
NOTICE: The Hillsborough County Property Appraiser’s office has released an addendum to its Invitation For Bid No. 8254, Full Hybrid (Gas-Electric) car leasing project. This addendum includes a revision to the minimum requirement for the Excess Wear & Tear Agreement, the removal of the requirement for a Non-Appropriation of Funds Clause, and an extension of both the Response Submittal Deadline and Tentative Award Date. For details of the addendum, please click here.
Most of valuations in the country tend to be performed for statutory purposes envisaged by the Federal Valuation Law (the latest amendment in 2016) and other related laws, such as the Joint Stock Companies Law. Such pieces of legislation provide for more than 20 so-called "mandatory cases of valuation", including valuations for privatization purposes, lending purposes, bankruptcy and liquidation etc. Valuations for corporate accounts used to be much more prominent before 2000, when the national accounting regulator ceased to incentivize the accounting fair value option. At present, the mass appraisal of property for taxation purposes is also starting to be outsourced by the Government to the institution of professional valuers.
If you purchased a new home after January 1, 2018, you may pre-file now for tax year 2019 Homestead and other exemptions. The timely filing period for Homestead Exemption for 2019 is March 2, 2018 through March 1, 2019. The absolute deadline to LATE FILE for any 2019 exemption -- if you miss the March 1 timely filing deadline -- is September 18, 2019. State law (Sec. 196.011(8), Fla. Stat.) does not allow late filing for exemptions after this date, regardless of any good cause reason for missing the late filing deadline. Please click on the following link for more information about Homestead and other exemptions for which you may be eligible http://bcpa.net/homestead.asp.
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Property taxes may be affected with change in ownership. When buying real estate property, you should not assume that property taxes will remain the same. Whenever there is a change in ownership, the assessed value of the property may reset to full market value, which could result in higher property taxes. Please use our Tax Estimator to approximate your new property taxes.
Leasehold value – The interest held by a tenant. If the tenant pays market rent, then the leasehold has no market value. However, if the tenant pays less than the market, the difference between the present value of what is paid and the present value of market rents would be a positive leasehold value. For example, a major chain retailer may be able to negotiate a below-market lease to serve as the anchor tenant for a shopping center. This leasehold value may be transferable to another anchor tenant, and if so the retail tenant has a positive interest in the real estate.
Leasehold value – The interest held by a tenant. If the tenant pays market rent, then the leasehold has no market value. However, if the tenant pays less than the market, the difference between the present value of what is paid and the present value of market rents would be a positive leasehold value. For example, a major chain retailer may be able to negotiate a below-market lease to serve as the anchor tenant for a shopping center. This leasehold value may be transferable to another anchor tenant, and if so the retail tenant has a positive interest in the real estate.
Did you know we hold a community Mobile Exemption and Information Team session every Wednesday at 12:00 pm at Broward County Governmental Center West, located at 1 N University Drive , Plantation, in rooms 2502 B & 2503 B? Property Appraiser Marty Kiar is enhancing our office's community outreach efforts. We are constantly adding new events at condos, city halls, businesses, and other community locations throughout Broward to our online calendar of upcoming events. If you would like to have someone from our office meet with taxpayers at an upcoming meeting of your condo/homeowners or civic association, please contact Mobile Exemption and Information Team Manager Michael Clark at 954.357.6905 or by email.

The scope of work is the first step in any appraisal process. Without a strictly defined scope of work, an appraisal's conclusions may not be viable. By defining the scope of work, an appraiser can properly develop a value for a given property for the intended user, and for the intended use of the appraisal. The whole idea of "scope of work" is to provide clear expectations and guidelines for all parties as to what the appraisal report does, and does not, cover; and how much work has gone into it.
The income capitalization Approach (often referred to simply as the "income approach") is used to value commercial and investment properties. Because it is intended to directly reflect or model the expectations and behaviors of typical market participants, this approach is generally considered the most applicable valuation technique for income-producing properties, where sufficient market data exists.

Unlike appraisers, assessors have no federal requirement for certification. In states that mandate certification for assessors, the requirements are usually similar to those for appraisers. For example, the International Association of Assessing Officers (IAAO) offers the Certified Assessment Evaluator (CAE). This designation covers topics that include property valuation for tax purposes, property tax administration, and property tax policy. Applicants are required to have a bachelor's degree prior to obtaining the designation.
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance over the past years, but still is of some value in court procedures. The title is not generally required for appraisals.
While the Uniform Standards of Professional Appraisal Practice (USPAP) has always required appraisers to identify the scope of work needed to produce credible results, it became clear in recent years[when?] that appraisers did not fully understand the process for developing this adequately. In formulating the scope of work for a credible appraisal, the concept of a limited versus complete appraisal and the use of the Departure Rule caused confusion to clients, appraisers, and appraisal reviewers. In order to deal with this, USPAP was updated in 2006 with what came to be known as the Scope of Work Project. Following this, USPAP eliminated both the Departure Rule and the concept of a limited appraisal, and a new Scope of Work rule was created. In this, appraisers were to identify six key parts of the appraisal problem at the beginning of each assignment:

A new construction home will require an appraisal if it's being financed. This appraisal will enable the mortgage lender to determine if the property's value is commensurate with the size of the loan being requested. New construction homes can be difficult to appraise. With existing homes, comparable properties are used to establish value. With many new construction homes, comparable properties do not exist, and this can present valuation challenges.
I want to take a moment to tell you of a most amazing experience I had at your office today. Deanne Holder waited on me and my daughter, Kelley DiSalvo, as we were trying to make heads or tails of some small pieces of property that belonged to my deceased husband, John Pat Krause, and me. Some of the lots were in low land and one piece of property didn't even have an address, except the address of the next door neighbor. Deanne very, very patiently looked up each and every parcel and helped us see the adjoining property owners so we can contact them, where needed, and also take the necessary steps to finally dispose of the remaining lots. I can see that Deanne is a treasure to your office and the citizens of Leon County.

The federal government regulates appraisers indirectly because if the Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) finds that a particular state's appraiser regulation and certification program is inadequate, then under federal regulations all appraisers in that state would no longer be eligible to conduct appraisals for federally chartered banks.[25] The ASC oversees the TAF. Banks make widespread use of mortgage loans and mortgage-backed securities, and would be unable to do so without appraisals.
Remember this: appraisers are looking at the condition of what’s permanently part of or attached to the house. They’re not evaluating the décor or furniture or anything that’s not affixed to the property; what’s most important are your home’s physical characteristics (age, square footage, the number of bedrooms and baths, lot size, location, view) as well as their observable condition.
U.S. Regulatory and Professional Standards and Guidelines  USPAP complia​nt valuation and independent-appraisal reviews for federally regulated  banks and financial institutions, asset-based lenders, family offices, endowments and foundations, high net worth individuals, private-equity investors and managed funds and, independent appraisal review expert witness and litigation support services to attorneys and in arbitration / mediation and as umpires.
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