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New Appraisal Institute Book Shares Advice for Appraisers in Real Estate Arbitration

July 7, 2022 08:30 AM

CHICAGO (June 07, 2022) – Arbitration is increasingly seen as an efficient and cost-effective alternative to litigation, and valuation professionals are often called on to serve as arbitrators, expert witnesses and consultants in arbitration matters, according to a book published by the Appraisal Institute, the nation’s largest professional association of real estate appraisers. 

"Appraisers in Arbitration," second edition, provides detailed information to help valuation professionals participate in arbitrations and understand the roles they will play. The text provides specific advice on how to perform each task required of an arbitrator, expert witness or consultant and the standards that apply to each service. Every step in the arbitration process, from the preliminary hearing to the final award, is explained and common arbitration scenarios and real-world examples are discussed.

This text is "essential reading for valuers who wish to explore how arbitration differs from other areas of practice and to learn how to avoid potential pitfalls and implement best practices in arbitrations," Appraisal Institute President Jody Bishop, MAI, SRA, AI-GRS, wrote in the book’s foreword.

"Appraisers in Arbitration," second edition, (ISBN: 9781935328872) is a 174-page soft cover book. It is available for $70 ($60 for Appraisal Institute professionals). Call 888-756-4624 or order online.

 

 

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The Appraisal Institute, celebrating its 90th anniversary in 2022, is a global professional association of real estate appraisers, with over 16,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org
 
 

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