The decision of buying residential property may be one of the most important transactions
people will ever make, and the emotional attachment when houses become homes is …

The literature on appraisal smoothing and valuer behaviour contains frequent references to
the “political pressures” faced by valuers. However, the vast majority of these are either …

Discover an insightful examination of the property investment appraisal process from
leaders in the industry This book explains the process of property investment appraisal: the …

Purpose–This study aims to consider the theoretical potential for client influences to bias
valuations, and assess the validity of the resulting framework by seeking input from …

This article examines the growing body of behavioral literature in real estate. The emerging
view of real property experts as problem solvers bounded by cognitive limitations is …

Valuation judgement bias has been a research topic for several years due to its proclaimed
effect on valuation accuracy. However, little is known on the emphasis of literature on …

Purpose Given the significant role played by valuers and the evidence of a lack of
independence in some property valuation industries, particularly in emerging markets, this …

This paper examines behavioral research in property. Such research is relatively new in the
property field and is still in its first decade. The behavioral approach is examined and …

Real Estate Investment: A Strategic Approach provides a unique introduction to both the
theory and practice of real estate investing, and examines the international real estate …

Experiments were conducted to test the hypothesis that transaction price feedback may bias
valuation judgment. Among participating appraisers, evidence of asymmetrical response …