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.
Staiber, Markus. "A NEW REAL ESTATE VALUATION PROCESS IN THE FIELD OF RESIDENTIAL FINANCING." In Book of Abstracts: 15th Annual European Real Estate Society Conference. ERES: Conference. Krakow, Poland, 2008.
Section
D6