QUALIFICATIONS William G. Smith, MIIA, SAR, MRA 1099 Wall Avenue, Nowtown, Eastern Bay State 22222 (607) 555-1778 (ph) (607) 555-0057 (f) [email protected] Professional Associations MIIA Member, Appraiser’s Institution ARS Senior Residential Appraiser, Appraiser’s Institution MAR Designated Member, Eastern Bay State Board of Real Estate Appraisers AZA Senior Member, Urban Property Appraisers Appraisal Certification State Certified General Real Estate Appraiser, Commonwealth of Eastern Bay State, License Number 11011, expires May 11, 2001. New Hampshire Certified General Appraiser NHCG - 566, expires December 31, 2002. Appointments Chairman and Vice Chairman, 1998 - 2002 . Board Member, Commonwealth of Eastern Bay State, Board of Registration, Real Estate Appraisers, 1996 - . PROFESSIONAL EXPERIENCE Real Estate Valuation Consultant: Smith Associates: Specializing in complex valuation assignments with emphasis in litigation support, appraisal review, education, and limited scope assignments. Senior Staff Appraiser, S C. Barnes Associates, Inc., 1990 - 1995: Specializing in the appraisal and evaluation of all types of income-producing and special purpose properties Vice President and Senior Appraiser, East Bay State Federal Savings Institution, 1980 -1990: Residential and income property appraisal and review; appraisal administration and management, supervision of regulatory compliance, and development of bank appraisal policies. Real Estate Experience, 1975 - present: Appraising, consulting, and market research for institutional and private clients, including lenders, attorneys, and investors. Experience includes consulting, brokerage, management, development, and construction services in varied settings. Education - B.A., Oberlin College, Oberlin, Ohio. Appraisal Courses and Seminars Taken and Examinations Passed Society of Realty Professionals: Courses 101, 102, 201, 202 & Standards of Professional Practice. Appraiser’s Institution: Courses 1A-1, 1A-2; Standards of Professional Practice. Eastern Bay State Board of Real Estate Appraisers: Courses I, II, III: 1980. Ongoing attendance at continuing education seminars and symposiums. Smith, P.2 PROFESSIONAL AFFILIATIONS Appraiser’s Institution, Eastern Bonton Chapter - Positions held: Co-Chair, Legislative Affairs Committee, Seminars Chairperson, - Board of Directors. Appraiser’s Institution, Eastern Bay State Chapter -Positions held: Board of Directors, Education Committee Chair; Chairperson, Research Committee. Eastern Bay State Board of Real Estate Appraisers. Positions held. -Past President -Chairperson, Education Committee -Chairperson, Board of Examiners; Chairperson, Seminars Committee; Public Relations. -Member, Long Range Strategic Planning, Audit and Budget, Management Professional Practice Committees. Alternate Representative to Advisory Council, The Appraisal Foundation. EDUCATIONAL AFFILIATIONS -Bannist University, Boston, Eastern Bay State. Continuing Education - Real Estate Program. Appraiser’s Institution Course 310. . -Bagley College, Eastern Bay State - School of Continuing and Professional Studies, Senior Instructor: residential and income property appraisal courses. -Stronghill College, Easton, Eastern Bay State - Instructor, Continuing Education, Residential & Income Property Appraisal, Eastern Bay State Board of Real Estate Appraisers. -Realtors Institute, Eastern Bay State Association of Realtors - Instructor, GRI III. -Appraiser’s Institution - Instructor: Course 101, Basic Valuation Procedures (120), Basic Income Capitalization Techniques (310). -Eastern Bay State Board of Real Estate Appraisers - Standards of Professional Practice, Residential and income courses (1, 1A, 2, 2A), commercial review course, and numerous seminars. -Instructor, Panelist, Seminar Leader: Organizations include assessors’ organizations, North England League of Savings Institutions, Eastern Bay State Mortgage Bankers, Eastern Bay State Board of R.E. Appraisers, Financial Managers Society, Eastern Bay State Association of Assessors, IAAO, Realtors, Near East Appraisers.. -Course/Curriculum Development: MREA Uniform Standards of Professional Appraisal Practice (USPAP) Manual, MREA Courses 2 & 2A, MREA Limited Appraisals Seminar, Update Seminar, Residential and Commercial Review seminars, Unique and Unusual Properties Seminar, Effective Communication Seminar, Limited Appraisals and Evaluations Seminar. Types of Properties Appraised Commercial, industrial, retail, non-profit, institutional and special purpose properties, motels & hotels, automobile-related properties, medical properties, multi-family, residential properties, development properties and all types of land. Smith, Page 3 Types of Assignments Performed Market value opinions of fee simple, leased fee, and leasehold interests for residential and commercial properties of all types, including investment and owner-occupied properties, special purpose properties, and land of all types. Specialized problem solving include highest and best use and feasibility analysis, rental values, contamination issues, marketability problems, corporate property disposition and site decisionmaking, real estate tax issues, estates and other legal work, court testimony and litigation support, buy-sell decisions, limited scope appraisals, appraisal review, zoning analyses and telecommunications tower impact studies. Clients Served Banks, attorneys, corporations, insurance companies, accountants, financial planners, trust departments, municipalities, state and federal agencies, and individuals. Expert Witness Testimony: Qualified in Middleburgh Superior Court, Norwalk Probate Court, Sussex Probate Court, Bristling Court, Burnside District Court, Winchester District Court, and Federal Bankruptcy Court. Qualified at the Appellate Tax Board. Numerous ZBA hearings in municpalities. Articles and Publications: Banners and Trades: articles North England Real Estate Journal: appraisal column Development Reviewer: Morton and Flasher, Property Valuation (Danborn Financial Publishing, Chicago) Development Reviewer, Flasher and Toth, Questions and Answers to Help You Pass Appraisal Examinations (Danborn Financial Publishing, Chicago). Newsletter, Eastern Bay State Board of Real Estate Appraisers, articles. Seminars Written/Developed Appraisal Communication Review Appraising Fair Lending HUD Appraisals USPAP Manual (for the Eastern Bay State Board of Real Estate Appraisers) Income Property Appraising Effectively Using the HP 12-C Calculator Technology and the Appraiser Title 5 Seminar Virtuous Real Estate Appraising, Parts 1 & 2 (with M. Ciscoo); Unique and Unusual Properties (with G. Brooks) Other Eastern Bay State Continuing Legal Education, Family Law Trial Advocacy Program: Mock Trial, Expert Witness, June 1995. Appraiser’s Institution, Greater Boston Chapter: Eminent Domain Mock Trial Program, Expert Witness, September 1996. Presenter: Life Estates, May 1997. Eastern Bay State Board of Real Estate Appraisers, Seminar: “Teamwork in Eminent Domain: Synergy or Circus?” Moderator, September 1997. Eastern Bay State Association of Assessing Officials. Assessing School, University of Eastern Bay State. Telecommunications Tower Overview, August 2001. Mass. Board of Estate Appraisers. Is the Retrospective Appraisal a Thing of the Past? August 2000. Continuing Education: Mr. Smith is in compliance with the continuing education or recertification programs of the Appraiser’s Institution, American Appraisers, and the Eastern Bay State Board of Real Estate Appraisers.