Real Estate Counseling Group of America
Encyclopedia
The Real Estate Counseling Group of America (RECGA) was founded in 1970 by William N. Kinnard
, a former president of the American Real Estate and Urban Economics Association, who sought to bring together a small group of top U.S. real estate appraisal
and consulting experts to meet regularly, consult with each other on complex topics, and serve as co-authors and co-references for a growing body of complex valuation literature.
The organization limits itself to 30 active members at any one time. Since its founding, it has counted among its membership many of the presidents of the Appraisal Institute
, editors of numerous journals (e.g. The Appraisal Journal and the Journal of Real Estate Research), heads of important institutes (e.g. the Weimer School, the Homer Hoyt Institute), and the authors of nearly three dozen books on real estate appraisal and analytical methods.
William N. Kinnard
William N. Kinnard, Jr. was one of America's leading real estate educators, authors, and experts in the field of appraisal.Dr. Kinnard was an emeritus professor of finance and real estate at the University of Connecticut...
, a former president of the American Real Estate and Urban Economics Association, who sought to bring together a small group of top U.S. real estate appraisal
Real estate appraisal
Real estate appraisal, property valuation or land valuation is the process of valuing real property. The value usually sought is the property's Market Value. Appraisals are needed because compared to, say, corporate stock, real estate transactions occur very infrequently...
and consulting experts to meet regularly, consult with each other on complex topics, and serve as co-authors and co-references for a growing body of complex valuation literature.
The organization limits itself to 30 active members at any one time. Since its founding, it has counted among its membership many of the presidents of the Appraisal Institute
Appraisal Institute
The Appraisal Institute is a global membership association of professional real estate appraisers, with more than 25,000 members and 91 chapters throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional...
, editors of numerous journals (e.g. The Appraisal Journal and the Journal of Real Estate Research), heads of important institutes (e.g. the Weimer School, the Homer Hoyt Institute), and the authors of nearly three dozen books on real estate appraisal and analytical methods.