Appraisal Institute’s New Guide Offers Tips to Home Buyers

The Appraisal Institute has published a new home-buying guide that educated home buyers when to buy, how to find an agent, how to select the best home on the market and more.

“An Insider’s Guide to Home Buying” by Mark R. Rattermann, MAI, SRA, notes that real estate appraisers are professionally trained to formulate an opinion of a home’s value. Because they are not paid a commission, they have the unbiased perspective that’s required to help home buyers weigh their options judiciously, make logical decisions and effectively navigate the sales negotiation and mortgage application processes.

Rattermann provides expert advice that will help protect consumers from abuse, explains biases that exist in the real estate industry and provides clues to possible problems, potentially protecting homebuyers from significant financial losses.

In the book’s introduction, Rattermann writes: “The goal of this publication is to help home buyers ask the right questions. In many cases, people wish they had asked a few more questions before making significant decisions. Because the real estate industry is constantly changing, buying real estate requires you to stay current, research popular trends and attitudes, and become an informed buyer.””

A real estate appraiser and agent in Indianapolis, Rattermann has served in the real estate industry since 1979. He has authored seven books about real estate and appraisals, some of which have been translated into Korean, Greek and other languages, and has lectured on a variety of real estate topics in 45 states and five countries. He has written 15 real estate training seminars and also writes on residential topics for The Appraisal Journal, the Appraisal Institute’s quarterly technical and scholarly publication.

The Appraisal Institute is the nation’s largest professional organization of real estate appraisers. For more information on this guide, please visit www.appraisalinstitute.org/buyersguide.


Published by Mike Woods. Mike is the broker/owner of msWoods Real Estate, LLC. Staffed with over 40 agents, msWoods assists buyers in search of Indianapolis Real Estate. msWoods also helps buyers throughout Central Indiana, including those in search of Avon homes for sale. In his spare time, Mike Woods blogs about Indianapolis related topics, such as things to do in Indianapolis.

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