Implications for investors, managers, auditors, valuers and regulators of discrepancies in commercial valuations

Locke, S.M.

Implications for investors, managers, auditors, valuers and regulators of discrepancies in commercial valuations - 1989 - Land Development Studies 6(1) 1989, 29-39(11) .

The discrepancy between appraised commercial valuation s and market prices is a cause for concern to valuers, investors and others. There is a need to clarify how the potential costs of discrepancy will effect each group. Error metrics relevant to the risk profile of interested parties, are illustrated as a means of quantifying the exposure to which each is subjected. Dialogue and discussion between interested groups is thought to be the best way of overcoming the apparent anomaly. (Journal Abstract)