Books
Real Estate Damages, 3rd Edition
Written by Randall Bell, PhD, MAI
Most real estate economists and appraisers will be asked to value property subject to detrimental conditions at some point in their careers. The unique problems that arise in these complex valuation situations can be addressed by applying fundamental economic principles and innovative valuation techniques. A comprehensive and valuable resource for all real estate professionals, Real Estate Damages: Applied Economics and Detrimental Conditions, 3rd Edition, provides a straightforward approach to solving these complex valuation problems.
Applications in Litigation Valuation: A Pragmatist's Guide
Randall Bell, PhD, MAI, Contributing Author
Litigation valuation is a fascinating discipline that offers a wide range of opportunities to qualified real property appraisers. Whether you are new to litigation valuation or have experience but want to expand your practice, Applications in Litigation Valuation: A Pragmatist's Guide is for you. The text presents basic instruction on tackling tough valuation assignments and real-world examples of appraisers in action. The book provides an overview of the fundamentals of litigation appraisal beginning with a discussion of the appraiser's engagement, execution of the assignment, and expert testimony.
Valuating Contaminated Properties: An Appraisal Institute Anthology, Volume II
Randall Bell, PhD, MAI, Contributing Author
Properties impacted by contamination raise challenging appraisal issues. To ensure competence and meet appraisal standards, practitioners must understand the history and development of widely recognized and generally accepted methods for handling these challenging appraisal assignments. Valuing Contaminated Properties: An Appraisal Institute Anthology, Volume II, includes significant articles, seminar material, and professional guidelines on the topic published since 2002, when the first volume of the series was released. Using this collection curated by an appraisal expert, practitioners can become well-versed in all the recent trends regarding contaminated properties, including: the accepted understanding that contamination's impact on value is largely temporary; the shifting focus from appraising industrial and commercial source sites to appraising residential properties affected by contamination; the increased availability of online sales data and the new emphasis on using more market data in contamination assignments.
The Appraisal of Real Estate, 15th Edition
Randall Bell, PhD, MAI, Contributing Author
The Appraisal of Real Estate, 15th edition, is a book that fits these chaotic times, when a global pandemic and social justice concerns call into question our economy and many other aspects of our lives. Although we know that our work today is not “business as usual,” the Appraisal Institute is proud to present this text as confirmation of its faith in, and continuing commitment to, the valuation community and the sound application of recognized valuation methodology. In addition to updated information on changes in real estate markets and valuation standards, longtime readers of The Appraisal of Real Estate will notice these significant changes in this edition: new chapters focused on applications of market analysis and highest and best use analysis; additional emphasis on identifying the property rights to be appraised in an appraisal assignment; deeper discussion of accepted techniques for allocating value among real estate, personal property, and non-realty items. History confirms that the applicability and importance of different valuation techniques rise and fall as real estate markets and society evolve, but the basic principles of valuation that are at the core of this book, and fundamental to the appraiser’s skill set, remain unchanged.