Identification Market Research Valuation 
Penrose Appraisals
MARCH 14, 2024
Rather, it is likely that an appraiser will have to conduct research in order to arrive at a determination of value. Identification. In some cases, positive identification may require the opinion of a recognized expert who may or may not be the appraiser. Market research. So, how do they do that?
Penrose Appraisals
SEPTEMBER 27, 2022
An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions. This is especially so when the underlying valuation is based solely on the taxpayer's assertion. Hiring him or her to do the work likely makes a lot of sense. Avoiding bias. Peace of mind.
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