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ARU Appraisal Presentation Comparison and Contrast Essay

Aug 17, 2024 | SOCIAL SCIENCE | 0 comments

Aug 17, 2024 | SOCIAL SCIENCE | 0 comments

ARU Appraisal Presentation Comparison and Contrast Essay

1. Compare 2 Presentations.  Explain how 2 or more of the presentations are similar to each other.  Write a minimum of 2 complete sentences.
2.Contrast 2 Presentations.  Explain how 2 or more of the presentations are different from each other.  Write a minimum of 2 complete sentences.
Appraisal Introduction Presentation 
Video 1
The Appraisal Process Explained.   Appraisers are concerned with the determination of the value of properties, they are neither tax collectors nor tax setters but rather taxpayers (Jackson, 2016). Their main goal is to make everything fair and equitable by setting values for each property after which the local government sets a target for the amount they need for their budget and divides it amongst all the property owners thus appraisers only chase fairness and equity (Jackson, 2016).
Video 2
What is an Appraisal in Real Estate?
Lindsay (2019) defines appraisal as: “the process of developing and communicating an opinion of the value of a home or other property.” Appraisal uses three methods in determining the value of a property: direct sales comparison which compares recent sale prices of similar property, cost approach is based on the reproduction or replacement cost of the improvements, less depreciation and value of land, and last but not least, the income approach is commonly used in investment properties such as offices.
Video 3
Benefits of Being an Appraiser
According to appraisers Eric and Melissa, the benefits of being an appraiser include, respectively, the opportunity to work on various interesting assignments including high-profile projects, and continuous learning opportunities from completing difficult assignments AINational, 2019). Appraisal also presents one with the opportunity to network with other appraisers according to Heather (AINational, 2019).
References
AINational. (2019, June 14). Benefits of being an appraiser [Video]. YouTube. https://youtu.be/pCFDeLyTvv0?si=w5g5adPDrevw1YPI.
Lindsay. Wise Move AZ. (2019, July 4). What is an appraisal in real estate? [Video]. YouTube. https://youtu.be/wPu-i2sSsc8?si=NCPFyKH54ZwvFGQB.
Jackson Central Appraisal District. (2016, August 3). The appraisal process explained [Video]. YouTube. https://youtu.be/LHI6erp3c3s?si=1QPpvoFrGl8gt7r4

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