The evaluation steps adopted by Remaz:
- Identification and classification of the evaluation subject
- Select the relevant source to gather all the information needed about the area
- Collecting the required information with high accuracy
- Determine the maximum and best use of the property
- Estimate the fair value of the property through the use of the latest
- global standards such as (RICS)
- Issue the final report
- Prepare a report summary
Some of the methods used for real estate evaluation:
- Cost Calculation Method
- Calculating the annual income return method
- Market comparison (similar real estate)
- Direct comparison of Real Estate (similar real estate)
- Residual value
- Financial analysis of the site