Our Services
Appraisal
Commercial real estate appraisal is the focal point of our business. We have earned the highest reputation in the region for our exceptional market research, application of proven methodologies, and clear, concise reporting. Our expertise encompasses all types of real estate including but not limited to office, retail, industrial, multi family, and special use properties. Clients come back to us again and again because of our dependable quality and integrity.
Appraisal Review
As valuation specialists, we offer appraisal review services, backed up by 10 years of international bank appraisal review experience. We have in-depth experience that gives us the ability to provide a meaningful opinion about the quality and reliability of an appraisal report.
Litigation Support and Expert Testimony
If you are involved in a real estate dispute, it is important for you to work with an experienced appraiser with a history of participation in successful cases. Attorneys often call upon us to provide litigation consulting support and to provide testimony as an expert witness in court and arbitration hearings. We also work with clients’ counsel to critique and review any appraisal reports, documents and testimony that impact valuation.
Consulting
Success in the real estate business depends on news and market information, along with expert insight, to keep you ahead of the competition. Our consulting services provide custom solutions to a wide assortment of real estate issues. The company’s focus is to help solve clients’ problems, not just to provide reports.
Frequently Asked Questions
When in need of an appraiser, why should I hire an MAI Designated member of the Appraisal Institute?
Appraisers who hold the MAI designation from the Appraisal Institute have met stringent educational requirements, have considerable professional experience, and are required to adhere to strict standards and ethics of professional practice that exceed those required by state or federal law. Moreover, designated members of the Appraisal Institute participate in continuing education programs – including those that emphasize the most up-to-date valuation techniques – making them the preferred source for high-quality appraisal services.
What is an appraisal?
An appraisal is a professional appraiser’s opinion of value. The preparation of an appraisal involves research into appropriate market areas; the assembly and analysis of information pertinent to a property; and the knowledge, experience and professional judgment of the appraiser.
What is the role of the appraiser?
The role of the appraiser is to provide objective, impartial and unbiased opinions about the value of real property— providing assistance to those who own, manage, sell, invest in and/or lend money on the security of real estate.
What qualifications must appraisers have?
At minimum, all states require appraisers to be state licensed or certified in order to provide appraisals to federally regulated lenders. However, appraisers who become Designated members, Candidates, Practicing Affiliates and Affiliates of the Appraisal Institute have gone beyond these minimum requirements. They have fulfilled rigorous educational and experience requirements and must adhere to strict standards and a code of professional ethics. The Appraisal Institute currently confers the MAI designation on those who are experienced in the valuation of commercial, industrial, residential and other types of properties. The SRA designation is held by those who are experienced in the analysis and valuation of residential real property. Learn about our staff’s qualifications
How do well-credentialed appraisers add value to real estate transactions?
They bring knowledge, experience, impartiality and trust to the transaction. In so doing, they help their clients make sound decisions with regard to real property.
What are the components of an appraisal report?
Most appraisals are reported in writing, although in certain circumstances, an appraiser may provide an oral appraisal. A written appraisal report generally consists of a description of the property and its locale, an analysis of the “highest and best use” of the property, an analysis of sales of comparable properties “as near the subject property as possible,” and information regarding current real estate activity and/or market area trends.
What are the most important considerations in the valuation of real property?
The value indicated by recent sales of comparable properties, the current cost of reproducing or replacing a building, and the value that the property’s net earning power will support are the most important considerations in the valuation of real property.
