Property valuations questioned

PROPERTY valuers have been urged to relook traditional valuation models as concerns heighten about the huge variations on properties, a new report has revealed.
Internationally, a variance of between five percent and 10 percent is considered normal but in Zimbabwe, the difference can go up to as much as seven-fold, a development which has raised fears of a serious lack of skills, professionalism and ethics among valuers.

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Mike Juru, Integrated Properties chief executive 

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