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What method is used to measure the assessor’s appraisal performance?

April 26, 2017appraisal assessor measure method PERFORMANCE Used

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What method is used to measure the assessor’s appraisal performance?

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The chief tool used to evaluate the assessment of properties is the sales ratio study. It is a statistical analysis that compares the assessor’s estimated market values with actual sale prices for a twelve-month study period that extends from October 1st through September 30th. This study identifies what is being done right, what is being done wrong, and what reappraisal activity is necessary for the next assessment year.