The Fundamentals of Appraising Luxury Homes
105
When it comes to appraising high-end (luxury) homes, many appraisers accept these assignments without grasping the additional research, development, and analysis required to successfully complete these complex valuation assignments. This course examines the complexities of the luxury home market, techniques for interacting with real estate agents, obtaining and verifying non-MLS sales, identifying and supporting adjustments, and valuing overimprovements. Examples and illustrations are included to enhance the learning experience.