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Commercial Appraiser -
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Comp or Value
Commercial Appraiser - Available-Needed, The Harris Company Real Estate Appraiser / Consultant, Los Angeles, California, (appraiser expert witness)
PARTNERS WANTED-To All Prospective Appraisers, A REAL ESTATE EDUCATION
AND EXPERIENCE ARE REQUIRED. Qualified applicants should email resume
including salary history to: Curtis D. Harris.
Concerned Real Estate Appraisers from across America
Submit the attached petition (Which was posted on appraisersforum.com)
To: Mr. Ben Henson - Executive Director
Appraisal Subcommittee (ASC)
Federal Financial Institutions Examination Council
cc: Other state or federal agencies with authority in the following matter
“The ASC’s mission is to ensure that real estate appraisers, who perform appraisals in real estate
transactions that could expose the United States government to financial loss, are sufficiently
trained and tested to assure competency and independent judgment according to uniform
high professional standards and ethics.” From the ASC website.
Helping the Appraiser!
ADVISORY OPINION 19 (AO-19) USPAP SUBJECT: Unacceptable Assignment
Conditions in Real Property Appraisal Assignments APPLICATION: Real Property
ISSUE: All real property appraisal assignments involve conditions that affect the
appraiser’s scope of work and the type of report. What types of conditions are
ADVISORY OPINION 11 (AO-11) USPAP Standards Rules 2-2 and 8-2 of the Uniform
Standards of Professional Appraisal Practice (USPAP) offer three written
appraisal report options. What information should be contained in each type of
COMP OR VALUE CHECK-USPAP Q & A May 2006:
To answer this question, it is important to identify exactly what the appraiser is being
asked to do. If the appraiser is asked to “provide comps,” that would typically mean the
appraiser would be exercising his or her own judgment to determine which sales are
most “comparable” to the subject property. The appraiser may choose to include only
those sales that he or she deems are most similar to the subject in size, location,
quality, etc., which could mean that certain sales may be omitted. In this case, the
resulting data would have been “filtered” by the appraiser’s judgment, which would
have the net effect of providing a range of value to the client. This range of value is
defined as an appraisal under USPAP; therefore, the appraiser would be obligated to
comply with STANDARDS 1 and 2.
(This communication by the Appraisal Standards Board (ASB) does not establish new
standards or interpret existing standards. Advisory Opinions are issued to illustrate the
applicability of appraisal standards in specific situations and to offer advice from the
ASB for the resolution of appraisal issues and problems.) appraiser expert witness
Once you have selected an appraiser, be prepared to answer questions and provide
requested information such as:
- What is the purpose of the appraisal?
- Discuss any special conditions with the appraiser prior to ordering the appraisal
- When is the required completion date of the appraisal?
- Is the property listed for sale and if so, for how much and with whom?
- Is there a mortgage? If so, with whom, when was it placed, for how much, type of
mortgage [FHA, VA etc.], interest rate, and are there any other types of financing.
- What personal property, such as appliances, are included ?
- If it is an income producing property, a breakdown of income and expenses for
the last year or two and a copy of leases.
- A copy of deed, survey, purchase agreement or other pertinent papers pertaining
to the property.
- A copy of current real estate tax bill, statement of special assessments, balance
owing and on what [sewer, water, etc.
- Have there been any recent room additions or remodels.
Mentoring Program This program
is designed to bring new real
estate appraisers into the
appraisal industry. Most areas
have reported a shortage of
licensed appraisers. Thus, the
need for more real estate
appraisers is ever increasing.
Information on Appraisal Jobs and
Internship in Real Estate
X 476.35 Management 5 units
The internship provides practical
experience in a variety of real
estate job functions and projects
including, but are not limited to,
real estate finance, real estate
appraisal, real estate market
analysis, mortgage securitization
process, real estate investment
analysis, and property
management. Students intern with
Real Estate companies within the
Los Angeles area for a minimum
of 50 hours. Companies offering
internships do so with no
obligation to provide compensation
to interns. The internship is an
opportunity to apply the material
studied previously throughout the
courses in the certificate program.
Prerequisite: Students must be
enrolled in and have completed a
minimum of five courses in one of
the following Business and
Management Certificate Programs:
Certificate in Real Estate, Award in
General Business Studies with
Concentration Real Estate,
Certificate in Business with
Concentration in Real Estate.
International Students: Before
enrolling, international students
must complete nine months of full
time study in F-1 status and
contact the International Student
Office at (310) 825-9351 to confirm
eligibility. UCLA Extension does
not provide placement or
guarantee internship availability.
Prior to enrollment, students are
provided a list of firms offering
internship opportunities and
should contact the companies
directly to arrange an interview.
Enrollment is limited to the number
of available internships. UCLA
Extension's Department of
Business and Management must
approve of all firms offering
internships. To request an
application call (310) 206-1579.
Real Estate Appraiser,
Commercial Real Estate
Appraiser, Apartment Appraiser,
Characteristics of a good appraiser
- Know your Field of Study: REAL ESTATE, REAL ESTATE, REAL ESTATE
- Personal and professional integrity.
- Has a career, not just a job
- Objective, can overlook personal biases.
- Talented Is able to take conflicting information and pieces of a puzzle, and make
a reconciliation. Get "hunches" that something isn't quite right, and are able to
find out what's really happening (or at least make a very good effort to find out).
- Doesn't use a "cookbook" or pull out a form, previous appraisal, seminar
notebook, or textbook and fills in the numbers without considering if it is the best
- Very good interviewer, able to get people to talk
- Talks with commercial tenants to find out about their businesses, information
on the subject property, why they are leasing that space, etc. Requires signed
leases and likes to get estoppel certificates
- Reconciler, not just an accountant.• Independent, but not too independent to ask
for help or advice
- Knows when he or she has gotten in "over her head" and asks for help or
declines the assignment
- When traveling, reads the real estate section of the local paper first• Listens
when someone at a party starts talking about a deal, local politics affecting real
- Curious and wants to find out the real story. Asks questions. • Looks beyond the
comps. Analyzes and considers the current and future markets, not just the past
- Not a perfectionist or overanalyzer. Realizes no appraisal report is perfect. There
is always another piece of information that could be obtained. Knows when to
stop obsessing and get the report out the door.
- Wants to figure out what a property is worth, not just whether it has enough
equity to qualify for a loan.
- Can get "out of the box." Flexible, willing to try new ways of analyzing,
researching, or reporting.
- Easily bored. Likes new challenges.
- Always learning.
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|The Harris Company,
Real Estate Appraiser / Consultant
5780 West Centinela Avenue, Building 1, Suite 408
Los Angeles, California 90045
PIRS/ HARRIS COMPANY AND THE SCIENCE OF REAL ESTATE - PARTNERS
|We Make a Simple Pledge to
Communicate, in a timely Fashion, each appraisal, analysis, and opinion without bias or
Abstain from behavior that is deleterious to our clients, the appraisal profession, and
Hold paramount the confidential nature of the appraiser/consultant - client relationship
Comply with the requirements of the Uniform Standards of Professional Appraisal
Code of Professional Ethics of the National Society of Real Estate Appraisers
|Copyright 2005, 2006 All Rights Reserved
No portion of this page, text, images or code, may be copied, reproduced, published or distributed in any medium
without the expressed written permission of the copyright holder.
Commercial Appraiser and Real Estate Consultant.
Commercial Appraiser - Available-Needed 310.337.1973
Copyright 2005, 2006 All Rights Reserved
|Tax Agent Authorization
Deadbeats who do not Pay their Bills for Appraisal Services
(as posted by appraisers)
To Appraisers: You may post the names and other pertinent information about
people who are delinquent in paying you for appraisal services that you
performed. You assume full responsibility for information that you post, and by
posting here you affirm that the information is correct. You are responsible for
sending me an email when you have been paid so your post can be removed!
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information on Localism.com Curtis Harris, BS, CGREA, REB is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.