1. Appraisers
Bernard Ghartey
Juliana Botsio

2. Who is an Appraiser? Property valuation
Puts value on property when it is to be
Assessed
Taxed
Condemned
Insured
Mortgaged

3. Methodologies for Appraisals
Income Approach – Used to value income generating properties.
Market Approach – Benchmark property against similar property recently sold
Cost Approach – Total cost of materials in putting it up structure

4. Appraisers as a Professional Body
American Society of Appraisers (ASA)
Appraisals Qualifications Board

5. Training Coursework include: Economics Finance Mathematics
Computer Science
English
Business/Real Estate Law

6. Challenges with the Job
Pre-construction
Construction
Post-construction
Nearly impossible to put a value on some structures. Eg. Windsor Castle
Ethical standards confronting people who work with figures

7. Conclusion Many parts, one whole!
Appraisal as an arm in the RED process

8. Thank You 