Be careful when using transaction databases

BVWireIssue #148-3
January 21, 2015

In a recent court case, a judge scolded a valuation expert who misused data contained in BIZCOMPS (see the Dec. 3, 2014 issue of BVWire). Avoiding trouble when using transaction databases is just one of the topics covered in The Comprehensive Guide to the Use and Application of Transaction Databases, Third Edition. This newly expanded edition is a must-have for any appraiser who relies on the market approach. Author Heidi Walker, CPA, ABV, ASA (Meyers, Harrison & Pia, LLC), covers the most popular transaction databases, including Pratt’s Stats, BIZCOMPS, S&P Capital IQ, and many more. Plus, she analyzes rules of thumb, prior transactions, and other market indications of value.

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