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This practical guide complements the latest edition of the Appraisal Institute’s textbook, highlighting important valuation principles and procedures and providing supplementary examples and exercises for classroom use or self-study. Used with the textbook, this student handbook provides a solid foundation for understanding the appraisal profession and preparing for the state licensing examination.
The Student Handbook has been updated to reflect revisions in the textbook and to provide easy-to-follow discussions of the topics covered. The handbook does not replace the textbook. Rather, it explains the essentials of valuation theory using examples based on situations that appraisers commonly face. It walks readers through every chapter of The Appraisal of Real Estate, 14th edition, summarizing key concepts, identifying important terms, and providing additional examples. Each chapter of the Student Handbook ends with a set of review exercises that readers can work through to test the knowledge they have acquired. Suggested solutions to the exercises are provided for classroom discussion or further study.
About the Author
Mark R. Rattermann, MAI, SRA, has been a real estate appraiser and broker in Indianapolis since 1979. He has written eight books about real estate and appraisals with a focus on both residential and nonresidential topics. Additionally, Mr. Rattermann has written courses and seminars for the Appraisal Institute and has been a teacher of appraisal courses and seminars for 30 years. He has lectured in 40 states and four foreign countries and has written over 20 seminars for both online and classroom presentation. He has been published many times in The Appraisal Journal.
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