<abstract xmlns="http://www.w3.org/1999/xhtml"><p> Although real estate valuation is supposed to make the market transparent, it has been noted to be partial in many countries. Analysis of literature and results of the statistical analysis of survey responses of Polish property appraisers indicated that: Property valuers operate in an environment which exerts influence on the final result of valuation. The attempts of the client to influence the valuation process and their effectiveness do not depend on the gender and age of the property appraiser. The problem of valuation bias should be seen in the weakness of the system enforcing compliance with ethical standards, with this being an area which requires reinforcement in many countries.</p></abstract>

Although real estate valuation is supposed to make the market transparent, it has been noted to be partial in many countries. Analysis of literature and results of the statistical analysis of survey responses of Polish property appraisers indicated that: Property valuers operate in an environment which exerts influence on the final result of valuation. The attempts of the client to influence the valuation process and their effectiveness do not depend on the gender and age of the property appraiser. The problem of valuation bias should be seen in the weakness of the system enforcing compliance with ethical standards, with this being an area which requires reinforcement in many countries.

Forms and Effectiveness of the Client's Influence on the Market Value of Property - Case Study

Real Estate Management and Valuation

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Although real estate valuation is supposed to make the market transparent, it has been noted to be partial in many countries. Analysis of literature and...

Forms and Effectiveness of the Client's Influence on the Market Value of Property - Case Study

Published Online: Oct 17, 2018

Page range: 82 - 92

DOI: https://doi.org/10.2478/remav-2018-0027

Keywords
client behaviour, real estate appraisal, valuation partiality

© 2018 Ewa Kucharska-Stasiak, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Forms and Effectiveness of the Client's Influence on the Market Value of Property - Case Study

Published Online: Oct 17, 2018

Page range: 82 - 92

DOI: https://doi.org/10.2478/remav-2018-0027

Keywordsclient behaviour, real estate appraisal, valuation partiality

© 2018 Ewa Kucharska-Stasiak, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
client behaviour, real estate appraisal, valuation partiality