Question: 1) Explain the differences between a valuation and a market appraisal. Please write it in paragraph. 2) Why do agents carry out market appraisals? Give

1) Explain the differences between a valuation and a market appraisal. Please write it in paragraph.

2) Why do agents carry out market appraisals? Give two reasons for clients wanting an appraisal. Please write it in paragraph.

3) Identify the sources of specialist advice available to assist an real estate agent in carrying out residential sales and commercial rental appraisals as required. Please write it in paragraph.

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