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- An appraisal is an assessment of the fair market value of an asset12. It is conducted by an expert with appropriate credentials who is completely independent of all other stakeholders in the transaction1. The authorized appraiser must have a designation from a regulatory body governing the jurisdiction of the appraiser2. A business appraiser specializes in evaluating tangible and intangible property to determine what a business is worth3. Appraisals are also used to evaluate employee performance4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.An appraisal is an independent and objective estimate of an asset’s value conducted by an expert with appropriate credentials. The appraiser conducting the estimate of value must be completely independent of all other stakeholders in the transaction.corporatefinanceinstitute.com/resources/commerci…An appraisal is an assessment of the fair market value of a property, business, antique, or even a collectible. Appraisals are used to estimate the value of items that are infrequently traded, and are unique. The authorized appraiser must have a designation from a regulatory body governing the jurisdiction of the appraiser.www.investopedia.com/terms/a/appraisal.aspIn general, an appraiser is someone who assesses the value of a piece of property, particularly to determine a fair sale price. A business appraiser specializes in evaluating tangible and intangible property to determine what a business is worth.www.thebalancemoney.com/what-is-an-appraiser-…Often now called the performance review, appraisals are a summative evaluation of results achieved, an assessment of future potential and a reflection on effectiveness; in other words, what went well, what didn’t go so well and what can be done to make improvements for the future.cpdonline.co.uk/knowledge-base/business/appraisal/
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