What is analysis?
A variety of resources are used to analyze the real estate market. While the physical data is being collected by Listers, experienced appraisers will be analyzing recent sales as well as lease information to determine which market factors influenced property values. Once all the data is collected and reviewed for accuracy, the appraisers will begin to set values using information gathered from past market activity. Valuation is done using one of the three widely accepted valuation methods which are the market, cost or income approach.

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1. What is the Collect Required Physical Data phase?
2. What is the Collect / Verify Specific Market data phase?
3. What are the quality control procedures?
4. What is analysis?
5. What is Field Review and Value Correlation?
6. What are Informal Hearings?
7. What is the Project Completion phase?