What Books Would You Recommend For A Newbie ?

[Terrel L. Shields]

I think a good starter library for a new appraiser for both reference, study, and the Zen of Economic/appraisal thought would be my dozen picks below. And I would argue they need read and studied not just to sit on the shelf. What would be your choices?

Graaskamp on Real Estate – June, 1991 by Stephen P. Jarchow (Editor)

Ratcliff readings on appraisal and its foundation economics1979 by Richard Updegraff Ratcliff

Extraordinary Popular Delusions and The Madness of Crowds (1840s) by Charles MacKay

The Wealth of Nations by Adam Smith

The Appraisal of Real Estate AI, latest edition

The Appraisal of Rural Property, Second Edition AI

Valuation by Comparison: Residential Analysis and Logic Feb 2007 by Mark R. Rattermann and Terry Dunkin

Market Analysis for Real Estate, Second Edition by S. Fanning, publ. AI

An Introduction to Statistics for Appraisers (2009) by Marvin L. Wolverton, PhD, MAI

Appraising the Tough Ones: Creative Ways to Value Complex Residential Properties (1996) by Frank E. Harrison, MAI, SRA

The Appraisal Writing Handbook (1998) by Alan Blankenship, PhD

Land Valuation: Adjustment Procedures and Assignments (2001) by James H. Boykin, MAI, SREA, CRE

 

[Meandering]

The Dictionary of Real Estate Appraisal.

 

[miktay]

The List of Top 10 Lucrative Careers

 

[Mr Rex]

Appraisal for idiots.
The Big Blue Book of Adjustments.

 

[Elliott]

Not a newbie book, but one to read after you've read the newbie books and think you know it all:

Real Estate Valuation in Litigation, second edition
Item No. 0648M
ISBN 0-922154-20-1
Second Edition
J.D. Eaton, MAI, SRA
(1995) Softcover, 596 pages

Available from AI at $55.

 

[Yehosha]

Tagging this. Been in the biz for over 10 years, but always like to learn new things, and have read none of the books listed so far. I'm sure my life would have been much easier 10 years ago having read those, vs relying solely on the required class books and wisdom of the training supervisor. The school of hard knocks and tons of research and classes over the years have taught me much more, but my foundation, as I'm sure is the case for most new appraisers, was very weak.