Diversified Investors Group - Philadelphia/Lower Bucks Commercial Sub Group Sept 4th, 2018 1st Tuesday of the Month 6:30 PM to 8:30 PM Location: Andy?s Diner, 2224 Roosevelt Blvd, Philadelphia, PA 19116 Contact: Joe Scorese & Chuck Nowicki Speaker: Robert J. Luciani, ASA, CPE ? Certified Appraiser Presentation : Value Scenarios: As Complete vs. Upon Completion How do 'after completed' appraisals work? Are there formulas that determine the value? Do lenders consider multiple appraisals? Estimating the value of real estate is necessary for a variety of endeavors, including financing, sales listing, investment analysis, property insurance and taxation. But for most people, determining the asking or purchase price of a piece of real property is the most useful application of real estate valuation. This presentation will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to sales.