The effect of appraiser rotation : Dutch institutional investors’ experience
(2015)
Journal Article
van der Werf, Y., & Huibers, F. (2015). The effect of appraiser rotation : Dutch institutional investors’ experience
Institutional investors experience a large valuation gap when they change appraiser on their investment properties compared to months or quarters when there is no change of appraiser. We find that appraiser rotation leads to a significant effec... Read More about The effect of appraiser rotation : Dutch institutional investors’ experience.