Residential Appraisers Play Key Role in Real Estate, New Book Says

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CHICAGO – RealEstateRama – Residential real estate appraisers need education, knowledge and experience to perform their valuation assignments competently, according to a book published today by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

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“Residential Property Appraisal,” by Mark R. Ratterman, MAI, SRA, explores all aspects of home ownership, value and economics and details all the steps of the appraisal process. The book thoroughly discusses specialty residential property types and markets.

“This book will help appraisers who are new to the field, as well as more experienced residential appraisers looking for timely information on current residential concepts and issues,” Appraisal Institute President Jefferson L. Sherman, MAI, AI-GRS, wrote in the book’s foreword.

Each chapter in “Residential Property Appraisal” includes examples illustrating common scenarios encountered in appraisal practice and presents definitions of key terms to help the reader understand the important concepts presented. The text is comprehensive and accessible, making it suitable for both classroom instruction and individual self-study.

“Residential Property Appraisal” is a 500-page soft cover book. It is available for $85 ($75 for Appraisal Institute professionals). A print/PDF bundle also is available. Call 888-756-4624 or order online.

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The Appraisal Institute is a global professional association of real estate appraisers, with over 17,000 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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