Appraisal Institute releases 13th edition of The Appraisal of Real Estate

The Appraisal Institute has announced the release of its newest publication, The Appraisal of Real Estate, Thirteenth Edition, which provides real estate appraisers with guidance on how to meet the challenges facing today's valuation professionals. Designed as an authoritative reference and first-line resource, this practical book is perfect for assistance in overcoming obstacles and performing appraisal assignments with consistency, competence and integrity.

"In creating this new edition of The Appraisal of Real Estate, the Appraisal Institute looked toward future opportunities, while also taking into account the significant changes weve seen in the profession," explained R. Wayne Pugh, MAI, president of the Appraisal Institute. "During the revision process, we paid special attention to evolving professional standards and the growth of information technology, which we believe are topics that every appraiser needs to understand."

To keep readers up to date on current trends, The Appraisal of Real Estate, Thirteenth Edition, discusses a number of timely valuation topics, including:

• Statistical applications such as regression analysis and the responsible use of AVMs;
• Trends toward environmental and economic sustainability with green buildings; and
Changes to international and U.S. accounting standards and the opportunities those changes create for appraisers to expand into new markets.

For more information, visit www.appraisalinstitute.org.