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Article: Appraising the world: understanding cultural differences in the new global market.
- Article from:
- Valuation Insights & Perspectives
- Article date:
- January 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 The Appraisal Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The global market is now a clearly established fact of life, and appraisers today need to understand the market changes caused by globalization, chart international valuation developments, interact with foreign developers and appraisers, and ultimately, gain some first-hand experience. As Bill Endsley, who in his capacity as Appraisal Institute Manager of Business Development travels frequently, observes, "Once you step outside the United States, situations become clearer, and it's easier to understand both the opportunities and challenges of foreign markets."
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New vistas for U.S. appraisers
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