To address the problem of property flipping, appraisers must analyze the transfer history of a property for the previous?

To effectively address the issue of property flipping, appraisers need to examine a property's transfer history for the previous three years. This timeframe allows appraisers to gain a comprehensive understanding of the property's value trajectory and any unusual price changes that may indicate flipping. By assessing multiple past transactions within this extended period, appraisers can identify patterns, such as rapid resale with significant price increases, which are often hallmark signs of flipping.

An analysis that covers three years helps ensure that appraisers consider a variety of market conditions and the property’s performance over time. Shorter periods may not capture the full extent of these market dynamics, leading to potential inaccuracies in the appraised value.