# Neil Crosby

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**Neil Crosby** is an academic [valuer](/source/Real_estate_appraisal), Professor of Real Estate at the [University of Reading](/source/University_of_Reading).[1][2]

He has been instrumental in changing property valuation practices in the [United Kingdom](/source/United_Kingdom) through a series of journal publications in the late 1980s and early 1990s, which dealt with questions of investment property valuation methodology, and through an influential book (*Property Investment Appraisal*, co-authored with Andrew Baum and now nearing its third edition). The [RICS](/source/RICS) adopted the ['Short-cut DCF' method](/source/Income_approach#Short-cut_DCF) (a.k.a. the 'Real-value' method) proposed by Crosby, in the 1997 Valuation Information Paper: *Commercial Investment Property - Valuation Methods*.

In 2002, he was awarded the International Real Estate Society's annual achievement award for his work in real estate research, education and practice.

## See also

- [Income approach](/source/Income_approach)

## Further reading

- Baum, A. and Crosby, N. (1988) *Property Investment Appraisal* (Second Edition), Routledge, London.
- RICS (1997) *Commercial Investment Property: Valuation Methods - An Information Paper*.

## References

1. [The Times](https://web.archive.org/web/20110612010347/http://business.timesonline.co.uk/tol/business/industry_sectors/construction_and_property/article518563.ece)

1. [http://www.emeraldinsight.com/journals.htm?articleid=844986&show=abstract](http://www.emeraldinsight.com/journals.htm?articleid=844986&show=abstract) ("Neil Crosby is a Professor in the Department of Land Management and Development, University of Reading")

## External links

- [Professor Neil Crosby](http://www.rdg.ac.uk/crer/crosby.html) [Archived](https://web.archive.org/web/20050320022116/http://www.rdg.ac.uk/crer/crosby.html) 20 March 2005 at the Wayback Machine, official web-page at the University of Reading.

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