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Please Buy This Book

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Tim, you are one lucky dude. I got the book yesterday & it was a good book recommendation you made. Thanks.


I've called off my IA & MI contacts.:rof:
 
Improving the profession one appraiser at a time.

Tim, I agree and I highly recommend this book. It covers the URAR section by section, and it also brought to my attention minor details of areas where I needed to make some changes in my reports. IMO this book should be a requirement for all trainees in the first place!

Great book - I took a class based on this book - it's now filled with tons of notes, post-its etc and is a great resource. The class was recommended for trainees but I think everyone should take it.

It came in the mail today; thanks for the recommendation!

Tim, you are one lucky dude. I got the book yesterday & it was a good book recommendation you made. Thanks.
 
Tim, (he asked sheepishly) can you teach me to read?:rof:
 
Tim, (he asked sheepishly) can you teach me to read?:rof:

Rex, that how's your teeth feeling after surgery?

Did you get the book yet?

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I just got two more books from the AI. I will let you know if you need to buy them too. The last two books I bought were not that great. Maybe these two have potential.

This profession is a constant learning process, if you ain't learning, you ain't progressing. It is a constant learning process.
 
Being an Indiana Appraiser, I have taken several classes that Mark Rattermann has taught at Education Resource, LLC.

Just ordered the book and look forward to getting it!
 
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I bought it on the OPs advice (I ended up spending $104-a couple of other titles were on sale), not a bad book, a good addition to my library. I also have Residential Sales Comparison Approach written by Mr. Rattermann. It doesn't go into the same detail as the new book but both are well written.

I've based adjustments (when there's a lack of market data) and have double checked adjustments using the Cost Approach as detailed in pages 96-102. But the Income Approach? Residential rental rates are typically all over the board, I wouldn't attempt it. I could understand the approach when dealing with large apartment buildings/complexes but (IMO) there's to much noise in the residential market.
 
The appraisers who use a set %/$ are lost souls and you shouldn't be enjoying making the fool of them in court so much, OP. They are idiots, but it's still not really a "fun" thing to do.
 
I got my book in the mail after only a few days of ordering it. I have company in town from out of the country, so after they leave I plan on spending some time digging into it. At first glance it looks like it has quite a bit of good info in it.

Thanks for passing it along.
 
Very interesting topic since I remembered attending a seminar that Mark taught many years ago. At that time someone asked him about the GLA adjustments and he mentioned that every market is specific and what he uses would likely not work in the Cincinnati area but........ he has found that 30-35% of $/SF is a realistic adjustment for like properties in most cases in his Indiana market!

Too funny. I also had Mark for a continuing education class several years ago and he was preaching a 25-30 percent adjustment at that time. I don't really recall him even making a market specific disclaimer. I guess he really has it dialed it in now. Good thing he never went up against Tim in court.
 
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