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Fundamentals of Real Estate Appraisal (Paperback)

~ (Author), (Author), Dennis B. Tosh (Editor), William B. Rayburn (Editor) "The professional real estate appraiser estimates the value of real property (land and/or buildings)..." (more)
Key Phrases: city engineering commission, capitalized value method, property use conditions, Answer Key, Fannie Mae, United States (more...)

3.7 out of 5 stars See all reviews (16 customer reviews)

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Editorial Reviews

Product Description

Using an effective blend of theory and practice, this best selling textbook provides a strong foundation for understanding today's ever changing appraisal marketplace. --This text refers to an alternate Paperback edition.

Product Details

Paperback: 464 pages
Publisher: Real Estate Education Co; 7th Bk&Dk edition (February 1998)
Language: English
ISBN-10: 0793126312
ISBN-13: 978-0793126316
Product Dimensions: 10.9 x 8.4 x 1.1 inches
Shipping Weight: 2.5 pounds

Average Customer Review: 3.7 out of 5 stars See all reviews (16 customer reviews)

Amazon.com Sales Rank: #444,149 in Books (See Bestsellers in Books)

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More About the Authors

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Martha R. Williams

William L. Ventolo

Inside This Book (learn more)
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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

Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
city engineering commission, capitalized value method, property use conditions, subdivision development method, appraisal consulting assignment, cash equivalency technique, building residual technique, building recapture, real property appraisal report, equity capitalization rate, gross living area, sales comparison approach, estimating reproduction cost, appraisal assistance, land residual technique, total reproduction cost, sales comparison method, summary appraisal report, interior wall area, income capitalization approach, sales comparison analysis, historical rent, supervisory appraiser, potential gross income, property being appraised

Key Phrases - Capitalized Phrases (CAPs): (learn more)
Answer Key, Fannie Mae, United States, Uniform Standards of Professional Appraisal Practice, Appraisal Institute, Freddie Mac Form, The Cost Approach-Part, Fence Pool, Park Grove Drive, State License, Finished Rooms Below Grade, Standards Rule, State Certification, Fundamentals of Real Estate Appraisal, Parkside Blvd, Sale Price, Special Flood Hazard Area, Total Rooms, Verification Source Owner Sales, American Institute of Real Estate Appraisers, Expiration Date of Certification, Lender Easy Money Savings, Net Adj, Date Signed, Federal Housing Administration

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Books on Related Topics | Concordance | Text Stats

Citations (learn more)

This book cites 15 books:

Real Estate by G. F. Bloom on page 259, and page 266
Your Home Inspection Guide by William L. Ventolo in Front Matter, and page 75
Mastering Real Estate Mathematics by Ralph Tamper in Front Matter, and page 326
Cape Cod by Rh Value Publishing on page 78, and page 79
Residential Construction by William L. Ventolo in Front Matter, and page 76

See all 15 books this book cites

15 books cite this book:

Modern Real Estate Practice in New York: For Salespersons and Brokers by Edith Lank on page 369
Your Successful Real Estate Career by Kenneth W. Edwards in Back Matter
Opportunities in Real Estate Careers, Revised Edition by Mariwyn Evans in Back Matter
California Real Estate Principles, 5E by Charles Stapleton on page 365
Opportunities in Real Estate Careers, Revised Edition by Mariwyn Evans in Back Matter

See all 15 books citing this book

Books on Related Topics (learn more)

The Appraisal of Real Estate, 12th Edition by Appraisal Institute

Discusses:

Questions & Answers to Help You Pass the Real Estate Appraisal Exam by Jeffrey D. Fisher

Discusses:

Valuing Small Businesses and Professional Practices by Shannon P. Pratt

Discusses:

Language of Real Estate by John W. Reilly

Discusses:

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Customer Reviews

16 Reviews

5 star:		(3)
4 star:		(9)
3 star:		(1)
2 star:		(2)
1 star:		(1)

Average Customer Review

3.7 out of 5 stars (16 customer reviews)

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Most Helpful Customer Reviews

33 of 36 people found the following review helpful:

2.0 out of 5 stars It's a toughie., December 7, 2005

By	Carolyn J. (Ventura, CA United States) - See all my reviews

This review is from: Fundamentals of Real Estate Appraisal (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.

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13 of 14 people found the following review helpful:

4.0 out of 5 stars Excellent text, lousy index, February 18, 2004

By A Customer

This review is from: Fundamentals of Real Estate Appraisal (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.

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9 of 11 people found the following review helpful:

5.0 out of 5 stars Great book for new appraisers, October 9, 2005

By	G. Lameyer - See all my reviews (REAL NAME)

This review is from: Fundamentals of Real Estate Appraisal (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.

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Most Recent Customer Reviews

3.0 out of 5 stars Good info, but D-R-Y W-R-I-T-I-N-G!
Pretty good overall, it covers the principles involved in appraisal in-depth. However, the writing style was horrible. Read more

Published 2 months ago by M. Johnson

4.0 out of 5 stars Basic, but good to keep.
it is easy to read thru and revise the terms in this kind of business. basic of appraisal , good one. (still reading)

Published 6 months ago by kapook

1.0 out of 5 stars Never recieved - no contact from seller
it has been over a month and I have emailed the seller multiple times and he will not respond. Do not trust this seller

Published 7 months ago by Marissa Mast

4.0 out of 5 stars I Used Mr. John Tirone's HP-12C Real Estate Book to
I enjoyed this real estate appraisal book. However like just about every real estate appraisal book I have seen, the Williams and Ventolo book could use better supplementation on... Read more

Published on April 5, 2004

4.0 out of 5 stars Good Start
I am a REALTOR, not an appraiser. I bought this book to give me a better understanding of how appraisers arrive at their conclusions.. Read more

Published on May 26, 2003 by J. Ivan

4.0 out of 5 stars Good Start
I am a REALTOR, not an appraiser. I bought this book to give me a better understanding of how appraisers arrive at their conclusions.. Read more

Published on May 26, 2003 by J. Ivan

4.0 out of 5 stars Good Start
I am a REALTOR, not an appraiser. I bought this book to give me a better understanding of how appraisers arrive at their conclusions.. Read more

Published on May 26, 2003 by J. Ivan

4.0 out of 5 stars Good Start
I am a REALTOR, not an appraiser. I bought this book to give me a better understanding of how appraisers arrive at their conclusions.. Read more

Published on May 26, 2003 by J. Ivan

5.0 out of 5 stars Fundamentals ofReal Estate Appraisal
I felt that this was an excellent book for the beginning student of Appraisal. It covered every area of this profession. Read more

Published on May 8, 2003 by Larry M. Kersich

2.0 out of 5 stars Short on helpful advice
If you're looking to learn how to appraise a home than this isn't the best book to get. As a beginner it was hard to get a grasp of appraising.

Published on March 14, 2003 by David Burnie

› See all 16 customer reviews...

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