Modern Methods of Valuation
Modern Methods of Valuation

Author: Eric Shapiro

Publisher: Taylor & Francis

Published: 2013

Total Pages: 554

ISBN-13: 0080971164

DOWNLOAD EBOOK

The new and improved eleventh edition of this essential valuation textbook reflects the changes in the property market since 2009, whilst presenting the tried and tested study of the principles governing the valuation of land, houses and buildings of the previous editions. The eleventh edition is fully up-to-date with latest guidelines, statutes and case law, including the implications of the latest RICS Red Book and the Localism Act. Its comprehensive coverage of the legal, economic and technical aspects of valuation make this book a core text for most University and College Real Estate Programmes and to provide trainees (APC Candidates) and practitioners with current and relevant guidance on the preparation of valuations for statutory purposes. Over the twenty eight chapters, the author team of experienced valuation experts present detailed accounts of the application of these principles to the everyday problems met in practice. This new edition continues to be of excellent value to both students and practitioners alike as it provides the reader with a clear understanding of the methods and techniques of valuation.

The Income Approach to Property Valuation
The Income Approach to Property Valuation

Author: Andrew Baum

Publisher: Routledge

Published: 2017-12-22

Total Pages: 384

ISBN-13: 1317266994

DOWNLOAD EBOOK

A classic textbook that has guided generations of students through the intricacies of property valuation, The Income Approach to Property Valuation remains a keen favourite amongst students and teachers alike. This new edition has been thoroughly revised and updated to meet the increasingly international perspectives of modern Real Estate students. The links between theory and practice are clearly demonstrated throughout, with a range of new international case studies and practice-based examples. The Income Approach to Property Valuation teaches readers: how to analyse market rents and sales prices to derive market evidence to support an opinion of market value; the investment method of valuation and how it is applied in practice; how specific legal factors can impact on market value when they interfere with market forces; what the market and the profession may consider to be the 'right' methodology in today's market place; and how to use spreadsheets in valuation. This extensively revised new edition is perfect both for students on Real Estate courses worldwide and for professional candidates working towards their final assessment of professional competence (APC) for the Royal Institution of Chartered Surveyors, needing to demonstrate a valuation competence at levels 2 and 3.

The Appraisal of Real Estate
The Appraisal of Real Estate

Author: Appraisal Institute (U.S.)

Publisher:

Published: 1996

Total Pages: 842

ISBN-13:

DOWNLOAD EBOOK

The 12th edition of this textbook has been revised and reorganized significantly for greater clarity, coherence and consistency. Coverage includes emerging issues such as the impact of automated valuation models on the appraisal industry; the new emphasis on extraordinary assumptions and hypothetical conditions in recent revisions of standards of professional practice; and important data sources. For both novice appraisers and established practitioners. c. Book News Inc.

Modern Real Estate Practice in New York
Modern Real Estate Practice in New York

Author: Edith Lank

Publisher: Dearborn Real Estate

Published: 2003

Total Pages: 514

ISBN-13: 9780793142644

DOWNLOAD EBOOK

All the necessary information for taking either a salesperson's or broker's exam is contained in this book which closely follows the state's outline for prelicence courses.

Real Estate Valuation Theory
Real Estate Valuation Theory

Author: Manya M. Mooya

Publisher: Springer

Published: 2016-03-17

Total Pages: 193

ISBN-13: 3662491648

DOWNLOAD EBOOK

This monograph critically reviews and updates real estate valuation theory, which is based on neoclassical economics, in light of developments in heterodox economic theory. Building on a comprehensive historical account of the evolution of value theory, the book uses new institutional economics theory and critical realism as lenses through which problems in standard valuation theory and practice are expatiated, and as the foundation for an alternative theory. The new theory is employed to explain major problems in real estate valuation that are beyond the capability of the standard theory, such as price bubbles in real estate markets, anchoring bias, client influence and valuation under uncertain market conditions.

Modern Real Estate Practice in Texas
Modern Real Estate Practice in Texas

Author: Cheryl Peat Nance

Publisher: Dearborn Real Estate

Published: 2003-07-23

Total Pages: 574

ISBN-13: 9780793184712

DOWNLOAD EBOOK

The Eleventh Edition (UPDATE) of "Modern Real Estate Practice in Texas is the most comprehensive and current Texas real estate textbook available. Along with an all new chapter on control of land use, you will find many special features including: * In Practice and For Example paragraphs to apply theory to practice. * Margin Notes to direct attention to important vocabulary terms. * Math Concepts at relevant points within the chapter. * Website Addresses to expedite additional research. * Exam Prep notes and a sample salesperson license exam. Complete coverage of the new, 2003 Texas real estate laws! The changes in real estate law, effective on September 1, 2003, have been incorporated into this new edition. Teach and learn with confidence, knowing that your text's facts are up to date! This book also includes the new forms! With changes in law also come changes in forms. This book has incorporated all of the new "Texas Real Estate Commission forms. So when students practice on these forms, they know they are preparing for a smooth transition into a real estate career. New PowerPoint Slides! As technology becomes more sophisticated, so do the teaching tools associated with "Modern Real Estate Practice in Texas. These slides will make teaching a snap, whether they're used as a reference or used when teaching the class! For Example/In Practice Sections! Whether teaching or preparing to get your license, nothing takes you "into the field" better than these. They're certain to help students with real life real estate once they get their license, and they also make great teaching tools.

Commercial Property Valuation
Commercial Property Valuation

Author: Giacomo Morri

Publisher: John Wiley & Sons

Published: 2019-07-09

Total Pages: 243

ISBN-13: 1119512131

DOWNLOAD EBOOK

A practical guide to the best approaches for commercial real estate value assessment Commercial Property Valuation provides a comprehensive examination of principles and methods of determining the accurate value of commercial assets. This invaluable resource covers all key elements of commercial property valuation, including valuation queries, real estate report structure, market analysis, capitalization and discount rates estimation, and more. This book details the economic characteristics unique to commercial property and illustrates property-specific risk factors and mitigation strategies. Drawing from years of professional and academic experience, the authors provide accurate information on multiple valuation approaches suitable for commercial real estate such as sales comparison, income capitalization and residual land value. Favoring real-world practicality over complex formulas, this book provides a powerful set of tools to assist readers in selecting and applying the best valuation approach to various situations. Actual case studies of office buildings, hotels, high street retails, and residential developments allow readers to understand and apply appropriate valuation methodologies. Commercial property is a major investment class that offers abundant opportunities but poses unique risks. Thorough and inclusive knowledge is essential to success in this complex and competitive sector of real estate. This book provides expert coverage of critical topics allowing readers to: Identify the unique economic characteristics and potential risks of commercial real estate valuation and investment Focus on methods specific to commercial real estate valuation Learn how to select and apply the appropriate valuation method in a variety of scenarios Access sample Excel spreadsheets and ancillary online resources including slides and useful Internet links Commercial Property Valuation is an essential resource for investors, appraisers, consultants, accountants, and students in real estate courses.

Real Estate Appraisal
Real Estate Appraisal

Author: Joseph F. Schram

Publisher: Rockwell Publishing

Published: 2006

Total Pages: 560

ISBN-13: 9781887051255

DOWNLOAD EBOOK

Rev. ed. of: Real estate appraisal. c2005.

Valuation Approaches and Metrics
Valuation Approaches and Metrics

Author: Aswath Damodaran

Publisher: Now Publishers Inc

Published: 2005

Total Pages: 102

ISBN-13: 1601980140

DOWNLOAD EBOOK

Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.