Client Feedback Pressure and the Role of Estate Surveyors and Valuers

Amidu, Abdul‐Rasheed; Aluko, Bioye Tajudeen; Hansz, J

doi:10.1080/09599910802590982

Cited by 34 publications

(51 citation statements)

References 25 publications

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“…However, no such result is found outside the USA for UK or Nigerian valuers (Amidu et al, 2008;Gallimore & Wolverton, 2000).…”

Section: Interpersonal Valuer Judgement Biasmentioning

confidence: 72%

“…The conducted review on interpersonal valuer judgement bias made clear that US-originated proof of client-related bias seem unconfirmed in other (western) markets, such as the UK. Amidu et al (2008) suggests this lack of congruence between studies may again in part be explained by international differences in market dynamics, as UK valuers are less specialised and have a more diversified revenue base than their US peers do. UK valuers seem therefore less exposed to revenue loss in case of unwillingness to comply with client pressure.…”

Section: Discussion Of Resultsmentioning

confidence: 99%

“…In interpersonal studies, we have come across similar experimental design, as well as survey questionnaires, which are mostly used to collect self-perceptions of behaviour when confronted with for instance, client influence (see for instance, Wolverton & Gallimore, 1999;Gallimore & Wolverton, 2000;Amidu et al, 2008;Chen & Yu, 2009;Nwuba et al, 2015aNwuba et al, , 2015b. In recognition of its key advantages of generating statistical significant results and granting anonymous participation in research of delicate matters such as value revision (Gallimore, 1996), we also point to the risk of respondent unwillingness or unconsciousness to provide genuine answers as may be opportune in judgement behaviour (De Lange, Schuman, & Montesano Montessori, 2016).…”

Section: Discussion Of Resultsmentioning

confidence: 99%

“…In addition, we explore the extent to which participating valuers have gained a specialisation in either residential or commercial valuation. Such specialisations may imply enhanced professional expertise, yet may also increase revenue dependence on a particular group of clients (Amidu, Aluko, & Hansz, 2008). Finally other contextual information is reviewed, such as the presence of particular research settings (i.e.…”

Section: Data Search and Analysismentioning

confidence: 99%

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Research bias in judgement bias studies – a systematic review of valuation judgement literature

Klamer

Gruis

2017

Journal of Property Research

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a faculty of economics and Management, hu university of applied sciences, utrecht, the netherlands; b faculty of humanities, utrecht university, utrecht, the netherlands; c faculty of education, hu university of applied sciences, utrecht, the netherlands; d faculty of architecture and the Built environment, Delft university of technology, Delft, the netherlands ABSTRACT Valuation judgement bias has been a research topic for several years due to its proclaimed effect on valuation accuracy. However, little is known on the emphasis of literature on judgement bias, with regard to, for instance, research methodologies, research context and robustness of research evidence. A synthesis of available research will establish consistency in the current knowledge base on valuer judgement, identify future research opportunities and support decision-making policy by educational and regulatory stakeholders how to cope with judgement bias. This article therefore, provides a systematic review of empirical research on real estate valuer judgement over the last 30 years. Based on a number of inclusion and exclusion criteria, we have systematically analysed 32 relevant papers on valuation judgement bias. Although we find some consistency in evidence, we also find the underlying research to be biased; the methodology adopted is dominated by a quantitative approach; research context is skewed by timing and origination; and research evidence seems fragmented and needs replication. In order to obtain a deeper understanding of valuation judgement processes and thus extend the current knowledge base, we advocate more use of qualitative research methods and scholars to adopt an interpretative paradigm when studying judgement behaviour.

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“…However, no such result is found outside the USA for UK or Nigerian valuers (Amidu et al, 2008;Gallimore & Wolverton, 2000).…”

Section: Interpersonal Valuer Judgement Biasmentioning

confidence: 72%

Section: Discussion Of Resultsmentioning

confidence: 99%

Section: Discussion Of Resultsmentioning

confidence: 99%

Section: Data Search and Analysismentioning

confidence: 99%

See 2 more Smart Citations

Research bias in judgement bias studies – a systematic review of valuation judgement literature

Klamer

Gruis

2017

Journal of Property Research

View full text Add to dashboard Cite

show abstract

“…The professional organizations are responsible to educate the valuers, mortgagers and the general public on the benefits of valuation standards, the need for their strict compliance, and adherence to normative valuation objectives (Amidu, Aluko, & Hansz, 2008). This is to ensure that parties who have interests in valuation exercise are aware and acknowledge the nature of valuation practice.…”

Section: Recommended Behavioural Approaches In Overcoming the Discrepmentioning

confidence: 99%