Newspaper article THE JOURNAL RECORD

Trade Paperbacks May Aid Okc Real Estate Transactions

Newspaper article THE JOURNAL RECORD

Trade Paperbacks May Aid Okc Real Estate Transactions

Article excerpt

The PH Business & Professional Publishing Division of Prentice Hall has released two trade paperbacks that could prove beneficial in Oklahoma City real estate transactions.

- The second edition of "Real Estate Exchange and Acquisition Techniques," by William T. Tappan Jr., was released in September for $19.95. The 309-page self-proclaimed "bible of the industry," which sold more than 50,000 copies in its first 1978 edition, was expanded and updated to reflect tax law changes.

- The $24.95 "Real Estate Investor's Encyclopedia," by Frank J. Blankenship, has a January release date. With more than 700 entries squeezed into 539 pages, the book claims to be the only A-Z encyclopedia in print for real estate officials, analysts and investors.

Written for both the novice and experienced investor, Tappan's book on techniques could be the one indispensible reference everyone involved in real estate should have. In its five forewords, statements and introductions alone, "Real Estate Exchange and Acquisition Techniques" outlines two objectives: to reveal the mysteries of real estate exchanging for newcomers and practitioners, and to offer experienced Realtors complete updates on shifting strategies in light of economic shifts and tax changes.

The text then magnifies both objectives, covering everything from different exchange and acquisition techniques to market cycles, tax changes and case law. It explains the topics involved and strategies to follow with clarity.

Blankenship's book, on the other hand, makes no pretense to being a primer on real estate. Written as a reference work, it nevertheless does offer analysis and strategies to follow with various terms.

The Authors: Neither claims to be a certified public accountant or attorney. Both draw their analysis from their experiences as Realtors.

Blankenship, who holds a Ph.D. in business administration/real estate from California Coast University, has been active in the industry for 18 years. He holds the designation of senior appraiser with the National Association of Independent Fee Appraisers and president of All Points Appraisal Service of Salt Lake City. He is the author of the "Prentice Hall Real Estate Appraisal Deskbook."

Tappan, who specializes in commercial and investment properties, is the former director of the Albuquerque, N.M., Board of Realtors. He has taught real estate courses at the University of New Mexico, and conducted numerous seminars on the techniques of exchanging.

Charts and graphics: Both books make good use of black and white illustrations, using reproductions of actual documents to illustrate both the forms used and techniques on how they should be completed. Tappan uses documents from his Albuquerque real estate firm, while Blankenship taps the Utah industry for his examples.

Indices and reference works: The books illustrate startling differences in approaching this area. …

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