GENERAL EDUCATION

 

1967 Graduate of Wake Forest University - Bachelor of Arts Degree.

 

1972 Graduate of Stetson University College of Law - Juris Doctor Degree.

 

REAL ESTATE APPRAISAL EDUCATION

 

American Institute of Real Estate Appraisers - Courses IA, II, and VII.

 

Society of Real Estate Appraisers - Courses 101, 201, and 301.

 

One-year postbaccalaureate program in real estate appraisal and related topics from the University of Florida's College of Business Administration.

 

Continuing education through regular seminars and programs sponsored by the Appraisal Institute. Certificate of Completion awarded by the Appraisal Institute for its week-long course on Conservation Easement Valuation during October, 2007. Currently certified educationally by the Appraisal Institute through 2026.

 

APPRAISAL DESIGNATIONS, CERTIFICATIONS AND

REAL ESTATE MEMBERSHIPS

 

MAI - awarded by the American Institute of Real Estate Appraisers (now the Appraisal Institute) in 1982.

Past president of the WNC Subchapter of the Appraisal Institute in 2007-2008.

.

SRPA - awarded by the Society of Real Estate Appraisers in 1981.

 

North Carolina State-Certified General Real Estate Appraiser, License/Certificate No. A1075 - March 11, 1991.

 

Realtor member of the Asheville Board of Realtors and the National Association of Realtors since 1974. North Carolina Broker's license.

 

APPRAISAL EXPERIENCE

 

Full time employment in Asheville, North Carolina since 1974 primarily as a real estate appraiser, but with additional assignments involving real estate consultation, brokerage and property management. Also active in teaching real estate appraisal courses. Appraiser's property management duties have involved management of numerous residential and business properties in Asheville, North Carolina.

 

Appraisal assignments have involved a broad range of residential and commercial properties, both existing and proposed, in western and central North Carolina. These have included some of the largest office buildings in western North Carolina, medical office buildings, shopping centers, rural residential estates, hotels/motels, industrial plants and warehouses, apartments, residential condominium projects, golf course and resort developments, and large tracts of undeveloped mountain land.

 

Conservation Easement appraisals have been done on a wide range of vacant and improved land tracts in western North Carolina since 1990 and appraiser has a general specialty in this type of appraisal. Appraiser has been a guest speaker on the topic of Conservation Easement valuation at Conservation Easement seminars sponsored by area Land Trusts.

 

Appraisal clients include area banks and savings associations, local and nationally based corporations, private citizens and government agencies. A few of the banks served include Bank of America, First Citizen's Bank, Centura, HomeTrust Bank, Sun Bank, Gibraltar Savings, Whitney Bank and City Savings. Governmental clients include the U.S. Forest Service, Federal Home Loan Bank Board, General Services Administration (GSA), Resolution Trust Corporation (RTC), U.S. Postal Service, State of North Carolina, Buncombe County, the City of Asheville, the Asheville-Buncombe Water Authority and the National Park Service. Corporate and non-profit clients served include Champion Finishing, National Distillers, the Nature Conservancy, Ball Corporation, the Trust for Public Lands, Sybron-Taylor, Biltmore Farms, The Biltmore Company, Kyocera International, The Conservation Trust for North Carolina, Southern Appalachian Highlands Conservancy, the Foothills Conservancy and the Land Trust for the Little Tennessee.

 

Between the first of 1986 and the end of 2022, appraiser completed valuation studies on real estate properties located primarily in the western North Carolina region whose combined values exceeded $2.1 billion.

 

Finally, appraiser has substantial and long-term experience in the application of PC technology (both hardware and software) to the real estate valuation process. Current computer software programs utilized by appraiser include the Windows 10 operating system, Microsoft Office 365 and Lotus Approach for a large in-house database of real estate sales and lease data. Mapping and GIS programs utilized include the TatukGIS Viewer program, DeLorme’s X-Map 8 Professional, Trimble’s Terrain Navigator Pro and mobile apps from the latter  program running on iPhone/iPad devices for GPS-based field work. Photography utilized during property inspection is now frquentlhy augmented using drone technology utilizing 4K high resolution cameras.

 

 

 

 

 

 

 

 

 

 

 

 

APPRAISER QUALIFICATIONS

RICHARD J. JACOBS, MAI, SRPA

 

____________________________________________________________________________