Determination of Value: Appraisal Guidance on Developing and Supporting a Credible Opinion

Develop and support a credible opinion of value based on a foundational framework

Written by Francisco "Frank" Rosillo, a veteran in the valuation field, Determination of Value is an essential guide for valuation practitioners eager to enhance their valuation practice and improve the credibility of the appraiser's work product.

The process outlined in the book spotlights a new perspective to the determination of value—a credibility pyramid framework that allows you to see step by step how your appraiser achieved credible results.

Reflecting the view that to be credible, analytical work and any related developmental assumptions, conclusions, and summations must provide a path for others to follow, as well as the means to replicate your work and obtain similar results, Determination of Value looks at:

• The attributes of a credible opinion
• Decision making and the roles of stakeholders apart from opining individuals
• How to enhance the integrity of your opinion
• Constructing a review methodology designed to assess whether the methods and procedures undertaken accomplished the proposed purpose

Laying out a proven way of approaching the process of determining value, this comprehensive book reveals much-needed guidance to valuation practitioners for achieving a new level of professionalism and credibility.