dr Ewelina NAWROCKA – Uniwersytet Gdański, Wydział Zarządzania, Katedra Inwestycji i Nieruchomości, ul. Armii Krajowej 101, 81-824 Sopot, e-mail: ewelina.nawrocka@ug.edu.pl
mgr Aleksandra KOCZEWSKA – badacz niezależny, e-mail: ola.koczewska@wp.pl
Otrzymano/Received 21.06.2025. Przyjęto/Accepted 23.07.2025
Abstract
Purpose: This article aims to identify the diversity of practices in assessing real estate risk in valuation reports used for banking purposes and to evaluate the justification for their standardization.
Design/methodology/approach: Eight real estate risk assessment forms were analyzed, differing in origin: six were prepared by property valuers, and two were based on templates provided by banks. The study employed a qualitative comparative analysis focusing on the level of detail, completeness, and clarity.
Findings/conclusions: The study identified substantial heterogeneity in the forms used, including differences in the number of assessed risk factors, assessment methods, and clarity. The lack of standardized documentation may lead to inconsistencies in banks’ credit decisions.
Research limitations: The research was based on a limited sample, which may affect the generalizability of the conclusions. Further research involving a broader dataset is recommended.
Practical implications: The standardization of risk assessment forms can support the improvement of credit processes and facilitate compliance with supervisory requirements as well as international standards for quality and risk management (ISO 9001:2015, ISO 31000:2018).
Originality/value: The article contributes original insights into quality management in the financial sector by addressing the need for standardized risk analysis tools in property valuation.
Keywords
real estate valuation, credit risk, valuation report, standardization, quality management