Geographic “Data” Competency?
Appraisal Buzz
MAY 13, 2024
Geographic competency was introduced into the Uniform Standards of Professional Appraisal Practice (USPAP) in the 2000 edition. Appraisers are familiar with the local neighborhoods, new subdivisions, commercial developments, schools, etc. Living in close proximity to a property may intuitively sound like a great idea.
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