Appraising Personal Property: Principles and Methodology - 2nd Edition

First-ever book for personal property appraisers covers appraisal principles and methodology including terminology, approaches to value, research, ethics, sample appraisals and much, much more.

"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. Written with the Uniform Standards of Professional Appraisal Practice (USPAP) as its foundation, 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. This course book will teach you the appraisal theory, principles, practices and methodology associated with preparing professional appraisal reports, and, being fully-indexed, the reader is quickly able to locate the appraisal-related information he/she is seeking.

And the book just got better! This new 2nd edition incorporates many important changes, improvements and additions - perhaps the most significant of which were brought about by The Appraisal Foundation Appraisal Standards Board's recent biennial update to USPAP. The resulting changes that were incorporated into the 2008-2009 edition of USPAP are mirrored throughout the book. Other improvements include additional topics and enhanced discussions on a host 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.

"Maloney's guide to proper personal property appraisal methodology is so thorough that it can truly be called the only complete source on the subject. This essential guide to the preparation of ethical and professional appraisal reports should not only be a required addition to any appraiser's library but should be on the shelves of every public library as well. Owners of the book even have the ability to obtain updates online at no cost — an especially useful feature in a field where USPAP and IRS regulations can go through periodic modifications," said Peter Hastings Falk.

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 to sample item descriptions and appraisal reports — this book covers it all. "If you aspire to become an appraiser and have not read this book, you should hang your head in shame!" said Harry Rinker.

"All those on our faculty who have had the opportunity to review "Appraising Personal Property: Principles and Methodology" agree that it is the best work of its kind and provides a strong, useful and thorough tool for the professional personal property appraiser. Your book really brings together all the disparate pieces of the appraisal process in a very sensible and useful way. We have chosen to have this book become the standard text for our course, Appraisal Ethics and Research Methods, and will be using it henceforth. On behalf of all here at CFA I want to thank you for this much needed work," said Walter Miller, CEO, College for Appraisers.

"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.

"For all of you who have emailed me over the years asking how to become an art appraiser (or an appraiser of antiques, collectibles, jewelry, furniture, decorative arts, and so on), I now officially have the answer. "Appraising Personal Property: Principles and Methodology" by David J. Maloney, Jr. is a complete course book and reference guide not only for anyone who wants to learn how to appraise personal property, but also as a refresher course for those who already do," said Alan Bamberger.

Maloney will maintain online updates to the 2nd Edition until such time as the third edition is released which Maloney predicts will be in February, 2010. Until that time, owners of the book have the ability to stay current (at no cost) with changes and updates to the second edition simply by visiting www.ACAcourses.com. A free online eNewsletter, the "ACA Appraiser's Update," containing helpful USPAP and appraisal tips, articles and announcements is also available at ACAcourses.com.

"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 is designed for class work.) Perfect bound (glued spine) ISBN 978-0-9794738-3-8. Owners of the First Edition are entitled to a 50% discount. Order book or learn more.