This study examined the types of heuristics that valuers adopted, the factors that influenced their adoption and their impact on valuation accuracy of commercial properties, with a view to improving valuation practice in Nigeria. The study used both the survey and quasi-experimental methods. The survey method adopted questionnaire which were administered to all the 54 estate surveying and valuation firms in Ibadan while 10 (18.5%) in the category of principal partners/branch managers of the firms were orally interviewed. The information collected included: profiles of the estate firms, commercial property valuation procedure, level of awareness of valuation accuracy, and the significance of valuers¿ behaviour on valuation outcomes. The quasi-experiment was carried out using a simulated valuation of a commercial property in Ibadan (a familiar location). The results of the Chi-square test (32.000) at P
Autorius: | Stephen Oyeyoade |
Leidėjas: | LAP LAMBERT Academic Publishing |
Išleidimo metai: | 2019 |
Knygos puslapių skaičius: | 152 |
ISBN-10: | 6200284016 |
ISBN-13: | 9786200284013 |
Formatas: | Knyga minkštu viršeliu |
Kalba: | Anglų |
Žanras: | Housing and property for the individual: buying / selling / renting and legal aspects |
Parašykite atsiliepimą apie „The Influence of Valuers¿ Heuristic Behaviour on Valuation Accuracy: A Case Study of Familiar Property Market“