The purposes and methods of real estate appraisal
Real estate appraisal methods are the processes of estimating the prices of real estate that is being valued at a specific time. The evaluation method is determined by the type of property and the purpose of the evaluation. The most important purposes of evaluation are:
Listing real estate funds in the Capital Market Authority.
Tax fees.
Endowments.
Conflict resolution and partnerships.
Public auctions.
Real estate portfolios.
- Buying and selling.
- Mortgage.
Financing and real estate loans.
Real estate investments.
Zakat and taxes.
- Insurance.
Higher and better use studies.
- Rental value.
Accounting and legal purposes.
- and others.