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About the Book [testimonials]
Appraising
Personal Property: Principles and Methodology - 2nd Edition by
David J. Maloney, Jr., AOA CM (Appraisers Press 2008), 416
pages, 8 1/2" x
11",
$59.95 plus tax (6% MD residents) and shipping ($9 within US/Canada).
Spiral bound ISBN 978-0-9794738-2-1 (lays flat and designed for students taking
the on-site course). Perfect bound (glued spine) ISBN
978-0-9794738-3-8. Buy book. (Note that students registering for the on-site course automatically receive a spiral bound copy which is included in their registration
fee.)
Appraising Personal Property: Principles and Methodology - 2nd Edition is the only complete, well-organized, practical and fully-indexed course book and reference guide to personal property appraising. This is a complete book and not merely a course outline. It is unique. No other book or course of instruction provides such a thorough grounding in the fundamentals of personal property appraising. (See the book's Table of Contents, Syllabus and Index.) The course book will teach you the appraisal theory, principles, practices and methodology associated with preparing professional appraisal reports, and, as a fully-indexed reference guide, this book will also allow you to quickly and easily find the appraisal-related information you are seeking.
Read what others are saying about Appraising Personal Property: Principles and Methodology!
This 2nd edition incorporates many significant changes, improvements and additions - perhaps the most significant of which were brought about by the recent biennial update to the Uniform Standards of Professional Appraisal Practice (USPAP) which forms the foundation of this book. The resulting changes that were incorporated by the Appraisal Standards Board into the 2008-2009 edition of USPAP are mirrored throughout this work. Other improvements include additional topics and enhanced discussions on a plethora of subjects including when appraisers should comply with USPAP, appraisal updates, intended use and intended user, value types and definitions, using more than one appraiser, the inspection process (or lack thereof), scope of work, use of photographs in lieu of a personal inspection, disclosure statements, significant personal property appraisal assistance, workfiles and more.
A growing number of people are entering the personal property appraisal profession. Of utmost importance is that they understand the theory, principles and methodology that lay the foundation for ethical, complete, reasoned, and well-communicated value conclusions. Appraising Personal Property: Principles and Methodology - 2nd Edition provides you with the most comprehensive yet practical course of instruction available today in the field of personal property appraising. From basic appraisal theory to the Uniform Standards of Professional Appraisal Practice (USPAP) to sample item descriptions and appraisal reports — this book covers it all.
At the book's core are the ethical and report writing standards of the widely-accepted Uniform Standards of Professional Appraisal Practice as promulgated by The Appraisal Foundation of Washington, DC. The reader will become knowledgeable in the principles and methodology of professional personal property appraising including terminology, tasks of an appraiser, objectives and intended uses of appraisals, types of value, IRS regulations, the three approaches to value, Scope of Work, value enhancers and detractors, depreciation, market principles, ethics, identification and authentication, USPAP, market research, describing property, sample appraisals and much, much more. The course also teaches the student basic appraisal techniques to facilitate beginning a professional appraisal business or improving an existing one. In short, the student will be taught the skills necessary to write a complete, clear, concise, well-developed appraisal report in conformance with today's generally accepted standards.
Appraising Personal Property: Principles and Methodology - 2nd Edition is for those who wish to build a personal property appraisal business and/or add appraisal services as an adjunct to an ongoing related line of work. Many personal property appraisers were first antiques dealers, jewelry store owners, auctioneers, restoration and repair specialists, estate liquidators, brokers, insurance adjusters or collectors. Their original lines of business can be enhanced when professional personal property appraisals are added to the list of services they offer to the public.
Both the Association of Online Appraisers (AOA) as well as the Appraisers National Association (ANA) endorse our appraisal course offerings, and the College of Appraisers (CFA) has adopted the book for use in its own course offerings. (See our Press Room for details.) The successful completion of an on-site course offered through Appraisal Course Associates making use of this course book satisfies the educational requirements for the Accredited Member designation in AOA and partially fulfills the educational requirements for Certified Member designation in the AOA. In addition, our course satisfies the educational requirements for designation in the ANA.
Note: Both this book as well as courses making use of this book focus on appraisal principles and methodology and are not intended to provide product knowledge, i.e., knowledge about the type of property in which you will be specializing as an appraiser. We do not teach about furniture, silver, jewelry, machinery and equipment, etc. Such in-depth product knowledge can only be gained through extensive personal experience and study, and through continued observations of the marketplace and relevant value-related market information. The gaining of product knowledge is a lifelong-learning experience and is not a focus of this book or of any courses of study making use of this book.
