Unit 8: Data Collection
- What are the main steps in the data collection process for an appraisal?
- What types of data sources do appraisers use when gathering information about a property and its market?
- What are the four stages of a neighborhood’s life cycle (GEDR), and how do they affect property values?
- What are the three types of depreciation an appraiser must consider when analyzing a building?
- Why is verification of sales data important when using the sales comparison approach?
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