CHICAGO (Oct. 5, 2021) – RealEstateRama – The restaurant business can be tricky, and while owners and operators of those establishments know the associated risks, appraisers also need to be aware how these factors impact real property value, according to a book published by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.
“A Guide to Appraising Restaurants,” by Bradley R. Carter, MAI, and J. Tyler Leard, is aimed at commercial real estate appraisers, brokers, lenders and reviewers interested in exploring the complex issues related to valuing restaurant properties. The book addresses important market trends, property analyses and three key approaches to value. It also examines case studies and real-world examples of valuation scenarios to provide readers with insight and guidance from industry experts.
“This practical guide will help appraisers tackle assignments involving restaurant properties and handle the challenges associated with this property type,” Appraisal Institute President Rodman Schley, MAI, SRA, wrote in the book’s foreword.
“A Guide to Appraising Restaurants” (ISBN: 9781935328841) is a 136-page soft cover book; a PDF is also available. They are available for $60 ($50 for Appraisal Institute professionals) each, or $84 ($70 for Appraisal Institute professionals) if purchased together. Call 888-756-4624 or order online.
The Appraisal Institute is a global professional association of real estate appraisers, with nearly 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.