Valuation process (continued)

IV. ANALYSIS OF DOCUMENTS AND APPLICATION OF PRICE APPRAISAL METHODS

    1. Analysis

1.1. Analyzing the highest and best use of assets, the highest and best use of the land position, the highest and best use of renovated properties, the above analyzes need to be verify.

1.2. Market analysis: Identify market forces that affect the value of your assets.

1.3. Property analysis - real estate

    a. Analyze property - real estate with legal valuation, economic and technical characteristics, environment, ...
    b. Analysis of comparable properties - real estate in terms of legal, economic, technical, environmental, selling price ...

    2. Application method

Based on the results of the above analyzes, select the appropriate valuation method to apply.
In selection, the appraiser must consider the appropriateness of each valuation method, its advantages and limitations.

The importance of each valuation method may vary depending on the type, on the properties of the property, and on the purpose of the valuation.

One or more valuation methods may be applied to conduct the appraisal.

V. PREPARATION AND COMPLETION OF PRICE APPRAISAL REPORT

    The final step to complete the valuation report. The purpose is to communicate the results and conclusions of the appraiser effectively and persuasively to the user of the information.

    Assessment results are generally communicated through written reports, sometimes communicated orally.

    The valuation report should be presented clearly, accurately, in order to adequately arrange assumptions, data, analyzes, processes, results and conclusions reached by the appraiser.

VI. BECAUSE PRICE APPRAISAL REPORT

    The final product of all valuation work, the culmination of the appraiser's efforts and skills.

    The content of a price appraisal report depends on the nature and purpose of the price appraisal job. The value expressed is only an estimate derived from the analysis of market data.
The results of the price appraisal are presented in a report, which must outline some of the following main contents:

- Objective of the price appraisal.
- Accurate description of the property to be assessed
- Value base of the price appraisal
- Assumptions, premises, bases used for evaluation
- Data for illustration and analysis
- Valuation methods and the basis of the use of these methods
- Results of price appraisal
- The statute of limitations for estimated asset value.
- Any restrictions or reservations attached to the estimate.