Posts Tagged: Complex Property

How Appraisal Fees Are Determined On Complex Properties

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Appraisers are licensed, trained professionals whose fees are determined by the scope of work and the complexity of the appraisal assignment. The more complex the property, the more time the appraiser must employ inspecting, researching, and developing their opinion of value which must  be presented in a well written appraisal report. Valuation Management Group requires… Read more »

What is a “Complex” Residential Appraisal Assignment?

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There are many characteristics that can cause a property to be considered “Complex.” Another word for “Complex” would be “Atypical.” The definition of “Atypical” is: not typical: not usual or normal: Source for definition: http://www.merriam-webster.com/dictionary/atypical Properties that may be considered “Complex” could be: When a property differs from: The neighbourhood (this could be due to… Read more »