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Fundamentals of Real Estate Appraisal Paperback – 6 Oct 2005

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This best-selling textbook provides a strong foundation for understanding today's ever-changing appraisal marketplace. It explores relevant legislation, key environmental considerations, and the increasing role of technology in the industry.

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First Sentence
The professional real estate appraiser estimates the value of real property (land and/or buildings). Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews on (beta) 16 reviews
42 of 45 people found the following review helpful
It's a toughie. 7 Dec. 2005
By Carolyn J. - Published on
Format: Paperback
This is the text book that was assigned to my class, and I am taking an at-home course. I don't know if these guys are covering everything or not, but I can tell you this: they sure don't know how to write clearly. Sentences are long-winded and convoluted. I read each sentence over and over just trying to figure it out. I am taking notes by re-writing every paragraph. Appraisal school is difficult enough without having to decipher and translate the textbook into plain English. Today's example:

"The amount of the expected annual 'effective gross income' from the property, estimated by subtracting aniticipated vacancy and collection losses from potential gross income".

I translated that to:

"Effective Gross income equals potential gross income minus (anticipated vacancy + collection losses)."

It makes for very tedious studying.
16 of 17 people found the following review helpful
Excellent text, lousy index 19 Feb. 2004
By A Customer - Published on
Format: Paperback
This book was required reading for two different course-series I completed last year: real estate appraisal, and real estate broker. Of all the books I had to read (10 total) this was by far the best. Very well written, and it covered the subject matter very well (I wish I could say the same for the broker courses I took -- will have to re-take the state exam a second time because of that...).
One major flaw in the book though: the index is pathetic. I'm currently preparing for the state exam, and when looking to review particular words/phrases/concepts, the index is nearly useless. Was the index computer-generated by some software with a lousy algorithm?
Anyway, it's a great book for the student. But I worry that the lousy index will greatly reduce its usefulness as a reference text when I start work.
13 of 15 people found the following review helpful
Great book for new appraisers 9 Oct. 2005
By PCTutor - Published on
Format: Paperback
I have been working as an appraisal apprentice for 3 months. I have read 3 different books and this is the most concise and clear.
11 of 13 people found the following review helpful
Fundamentals ofReal Estate Appraisal 8 May 2003
By Larry M. Kersich - Published on
Format: Paperback
I felt that this was an excellent book for the beginning student of Appraisal. It covered every area of this profession. It gave good examples and exercises and comprehensive examinations on the chapter covered. If you are serious about the Appraisal Profession, this book should be on your shelf.
4 of 4 people found the following review helpful
Help 1 April 2000
By Eric Simon - Published on
Format: Paperback
This book was very helpfull in my studies for the big test. I was so scared but this book and Q&A for the appraisal test made me alot more confident. With the help of these two books I was able to pass the test. Thank You, and good luck
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