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Note: The most recent 14th edition (2013) of this textbook is also available for purchase.
The 13th edition of The Appraisal of Real Estate offers answers to your questions and guidance on how to meet the challenges facing valuation professionals. Despite uncertainties in real estate and money markets, increased competition, and regulatory scrutiny, real estate appraisers can continue to rely on The Appraisal of Real Estate as a primary resource and reference that demonstrates how to overcome obstacles and perform appraisal assignments with consistency, competence, and integrity. This edition of The Appraisal of Real Estate was revised in recognition of:
Increased educational requirements for real estate appraisal licensing and certification
Evolving professional standards that emphasize client communication and the proper determination of the scope of work
This edition of the textbook includes discussion of:
Information technology and expanded access to property and transaction data
Statistical applications such as regression analysis and the responsible use of AVMs
Trends toward environmental and economic sustainability with green buildings
Changes to international and U.S. accounting standards and the opportunities those changes create for appraisers to expand into new markets
With opportunities as well as challenges, the field of real property appraisal remains fertile ground for educated, motivated professionals. The many practicing appraisers and expert consultants who contributed to the creation of this text have clearly demonstrated their confidence in and commitment to the relevance of the profession and to furthering the body of knowledge. Learn from their experience as you continue your professional development and grow your business.