General Sales Comparison Approach / Edition 1

Overview

AQB approved, this 30-hour text delivers a detailed understanding of various sales comparison principles and approaches for both residential and commercial properties including calculations, strengths and limitations, reconciliation, adjustments and graphical analysis. Using an open instructional design, each lesson blends theory and practice to engage users and pace material into manageable elements. "In Practice" scenario applications develop critical thinking skills in all real estate-related analysis and frequent reviews check student mastery.

Authors Mark A. Munizzo and Lisa Virruso Musial are both practicing Certified General Real Estate Appraisers and award-winning instructors receiving the Instructor of the Year Award from the National Association of Independent Fee Appraisers (NAIFA) in 2002 and 2004 respectively.

An Instructor Resource Guide, available online to adopters, provides timed lecture outlines, two final exams, exam answer keys w/rationale and PowerPoint instructional slides.
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Editorial Reviews

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A reprint of Woodhouse's classic Textbook of naval aeronautics published by The Century Co., 1917. Covers lighter-than-air craft, airplanes, and antiaircraft weapons. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9781133171348
  • Publisher: Cengage Learning
  • Publication date: 1/4/2010
  • Sold by: Barnes & Noble
  • Format: eTextbook
  • Edition number: 1
  • Pages: 272
  • File size: 4 MB

Meet the Author

Mark A. Munizzo, IFAS, CAE, is a Certified General Real Estate Appraiser in Illinois and the president of The Equity Network, a real estate appraisal and consulting firm. He has served on the education and advisory councils for the Appraisal Foundation Sponsors and is a member of the Examinations Committee for Uniform Standards of Professional Appraisal Practice. Mark has a Certified Assessment Evaluator (CAE) designation with the International Association of Assessing Officers (IAAO). He is also a certified Uniform Standards of Professional Appraisal Practice instructor and a national instructor with the National Association of Independent Fee Appraisers (NAIFA). He also received NAIFA's Instructor of the Year Award in 2002. In addition to holding a Bachelor of Business Administration degree from St. Norbert College, Mark is currently completing his graduate studies in real estate appraising at the University of St. Thomas in Minneapolis, MN. In addition to coauthoring 13 AQB certified appraisal books from Cengage Learning, he has previously reviewed and consulted on several real estate texts published by Dearborn Real Estate Education.

Lisa Virruso Musial, IFAS, president of Musial Appraisal Company in Riverside, received her Bachelor of Science degree in Quantitative Methods from the University of Illinois at Chicago. She is a Certified General Real Estate Appraiser in Illinois and a practicing commercial real estate appraiser in the Chicago market. Lisa is a national instructor with the National Association of Independent Fee Appraisers (NAIFA), and received NAIFA's Instructor of the Year Award in 2004. She also is a certified Uniform Standards of Professional Appraisal Practice instructor with The Appraisal Foundation. In addition to coauthoring 13 AQB certified appraisal books from Cengage Learning, she has previously reviewed and is acknowledged in several real estate texts published by Dearborn Real Estate Education.

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Table of Contents

Introduction. Learning Objectives. Suggested Reading. I. VALUATION REVIEW. 1. What is Value? 2. Appraisal Principles. 3. The Appraisal Process. 4. Bundle of Rights. II. THE SALES COMPARISON APPROACH. 5. Sales Comparison Approach. 6. Indentification, Derivation, and Measurement of Adjustments. III. GRAPHIC ANALYSIS. 7. Trend Analysis Using Graphic Analysis. 8. Graphic Analysis in Practice. IV. CASE STUDIES. Appendix A: Appraisal Math and Statistics. Appendix B: Forms of Ownership. Section Exam Answer Key. Index.

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