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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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Appraisal is defined as "an opinion of value". Of what importance are appraisals for the real estate industry and the industry stakeholders, i.e. buyers, sellers, agents, brokers, investors, lenders, borrowers and others? Why have appraisals? In your opinion what would the situation be if the appraisal industry did not exist?
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