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Discusses the issues confronting the appraisal industry in the USAat the original date of publication 1986. Notes that there was anobservable lack of effort by the relevant professional appraisal groupsin the USA to provide a continuous and vigorous review of methodology tomeet the new challenges of the marketplace. Suggests that it isapparent that improvements in techniques will occur when socialinstitutions become selfconscious about the adequacy of the procedure,and where the benefits of improvements are perceived to be greater thanthe cost of implementation.
Journal of Property Valuation and Investment – Emerald Publishing
Published: Mar 1, 1992
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