Welcome to the Valos Valuation Quiz 1. Select the answer with the correct ranking of the Hierarchy of Comparable Evidence? Direct comparables, General market data, Other sources General market data, Direct Comparables, Other sources Other sources, General market data, Direct Comparables 2. Correctly select all evidence which falls under Direct Comparables Contemporary, completed transactions of near-identical properties for which full and accurate information is available; this may include data from the subject property itself Information from published sources or commercial databases; its relative importance will depend on relevance, authority and verifiability Demand/supply data for rent, owner-occupation or investment. Contemporary, completed transactions of other, similar real estate assets for which full and accurate information is available Asking prices Similar real estate being marketed where offers may have been made but a binding contract has not been completed Other background data (e.g. interest rates, stock market movements and returns which can give an indication for real estate yields). Transactional evidence from other real estate types and locations Historic Evidence 3. Correctly select all evidence which falls under Other Sources Contemporary, completed transactions of near-identical properties for which full and accurate information is available; this may include data from the subject property itself Information from published sources or commercial databases; its relative importance will depend on relevance, authority and verifiability Demand/supply data for rent, owner-occupation or investment. Contemporary, completed transactions of other, similar real estate assets for which full and accurate information is available Asking prices Similar real estate being marketed where offers may have been made but a binding contract has not been completed Other background data (e.g. interest rates, stock market movements and returns which can give an indication for real estate yields). Transactional evidence from other real estate types and locations Historic Evidence 4. Correctly select all evidence which falls under General Market Data Contemporary, completed transactions of near-identical properties for which full and accurate information is available; this may include data from the subject property itself Information from published sources or commercial databases; its relative importance will depend on relevance, authority and verifiability Demand/supply data for rent, owner-occupation or investment. Contemporary, completed transactions of other, similar real estate assets for which full and accurate information is available Asking prices Similar real estate being marketed where offers may have been made but a binding contract has not been completed Other background data (e.g. interest rates, stock market movements and returns which can give an indication for real estate yields). Transactional evidence from other real estate types and locations Historic Evidence Time’s up Share This Back to News & Insights
