8th Annual SCCAI and IRWA Chapter 57 Luncheon and Program – Public Agency Valuation Considerations for Properties That Have No “Market”

Notes

Riverside Convention Center

3637 5th Street

Riverside, CA 92501
CHECK IN 11:00 am
PROGRAM: 11:30 am – 1:30 pm

Cancellation Policy

Up To 15 days prior to program start date, $15.00 cancellation fee.

2 – 14 days prior to program start date, $25.00 cancellation fee.

Less than 2 days prior to program start date, forfeit of payment.

Additional Information

TOPIC:  Public Agency Valuation Considerations for Properties to Have No “Market”

TOPIC / SUMMARY OF PRESENTATION

Appraisers that provide valuation services to public agencies encounter assignments involving a myriad of challenging property types and conditions.  Examples include special-use properties, various types of easements and partial acquisitions, properties with multiple zones of value, unique surplus property dispositions, budgetary analysis requests with limited information available, retrospective valuations, and others.

This presentation will examine situations where no “markets” exist for properties that public agencies need appraised.  To this end, it will explain in detail an economic condition known as “bilateral-monopoly” (one buyer, one seller).  It will shed light on why values, in these instances, are indeterminable and what an appraiser can and should do about this dilemma.  It will provide several bilateral-monopoly case studies and some recommended “do’s” and “don’ts” to appraisers practicing in this area.

SPEAKERS BIOS:

Ryan T. Hargrove, MAI, SRA, AI-GRS, R/W-AC

Chief Appraiser – Infrastructure & Right of Way

County of Orange

During a 23-year career, Ryan has performed real estate valuations for many purposes including eminent domain and right-of-way acquisition, loan underwriting, estate and gift taxation, litigation support, assessment appeals, asset management, and transaction fairness.

Ryan holds Bachelor of Science in Business Administration and Master of Real Estate Development (MRED) degrees from the University of Southern California and an Executive Master of Business Administration (EMBA) degree from the University of California, Irvine.

Ryan currently serves as the Manager of Real Estate Valuation Services for the County of Orange.  He provides valuation services to multiple departments and agencies to facilitate the acquisition, management, leasing, and disposition of real property. His duties include providing informal valuation consultations and budgetary analyses; requesting proposals from contractors; administering contracts; correctly defining valuation problems; establishing appropriate statements of work; performing USPAP-compliant reviews of appraisals; and providing litigation support services to County Counsel and outside counsel.

Ryan is as an adjunct professor of real estate appraisal courses at Cal State Northridge, Mt. San Antonio College, and Long Beach City College.  He has served part time as an Assessment Appeals Hearing Officer for the Los Angeles County Assessment Appeals Board since 2008.  He is a designated member of the Appraisal Institute, holding the MAI, SRA, and AI-GRS designations and is a member of the International Right of Way Association (IRWA), holding the R/W-AC credential.  He is the Immediate Past President of the Orange County Chapter of the IRWA.  He is also a licensed real estate broker and has qualified to serve as a California probate referee.

Disclaimer Information

ENROLLMENT

Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The Southern California Chapter reserves the rights to cancel, limit, or reschedule this event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. There are NO transfers; you must cancel out of the offering.

ATTENDANCE

The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

ATTENDANCE CERTIFICATE:

With the recent transition to the Appraisal Institute’s NetForum registration system, attendance certificates will be available for download directly through the AI’s national website. The procedure to obtain your certificate is:

Go to www.appraisalinstitute.org

Log into Your AI Account

Select Education/Events on the right sidebar

See List of All Offerings

Scroll to the specific offering which shows Registered and click

At the very bottom of the screen, click Retrieve Certificate

NOTE: Allow a minimum of ten business days for certificates to be available. The Chapter office cannot view, nor can we retrieve copies of your attendance certificate. Anyone having difficulty accessing their certificate should contact the Education Delivery Services Dept. directly at [email protected].

Program materials can be downloaded by the student.

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.