The real estate valuation field is more complex now than ever before. Professionals must have greater knowledge and information resources to effectively meet the challenges of the ever-changing market climate. Our analyses are supported by well-documented market research, as well as investigation into the market, utilizing both inferred and fundamental market analysis.
All of our valuations comply with all applicable state laws and are compliant with USPAP (Uniform Standards of Professional Appraisal Practice). The Financial Institutions Reform, Recovery and Enforcement Act of 1989 recognizes USPAP as the generally accepted appraisal standards and requires USPAP compliance for appraisers in federally related transactions. State appraiser certification and licensing boards; federal, state, and local agencies, appraisal services; and appraisal trade associations require compliance with USPAP. This distinction is noted because accountants, business analysts, and financial analysts sometimes perform valuations for financial reporting purposes. In these cases, because USPAP applies only to appraisers, there is no obligation for non-appraisers to comply with USPAP.
Since we are never engaged in brokerage or an auditing capacity, we remain independent and unbiased in our valuation and consulting services.
Additionally, we provide real estate advisory services, which include highest and best use studies, solvency opinions, feasibility analysis, and market studies.
ASC Topics 805, 350, 360, & 820