Real Estate Books Reviewed

Fundamentals of Real Estate Appraisal

March 10, 2007 · Leave a Comment

Using an effective blend of theory and practice, this best selling textbook provides a strong foundation for understanding today’s ever changing appraisal marketplace.
Customer Review: It’s a toughie.
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.
Customer Review: Great book for new appraisers
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. Click here to find out more …

Categories: Real Estate