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What a Trump Presidency Could Mean for the Real Estate Market
It is not partisan to acknowledge that the election of Donald Trump as our nation’s 45th president is unprecedented in many ways. The uncertain and unorthodox nature of a Trump administration raises questions and concerns about what our present political climate might mean for the real estate market, despite the fact that President-elect Trump expanded…
Read MoreIn Focus: Jonathan D. Mendoza
“Many Miles Into A Career in Appraisal” “I’ve always been interested in real estate” are words Jonathan Mendoza speaks with conviction. His journey began with a degree in Real Estate Development from Arizona State University in 2009, though it happened to coincide with the economic recession. Phoenix made Jonathan’s transition into full time employment all…
Read MoreOrganizational Change: A story within a story
Something interesting about me is that I am the fourth consecutive generation of my family to operate a local appraisal firm, originating in 1916 in South Seattle. I am also the third consecutive generation of Appraisal Institute designated members here in the Puget Sound. My grandfather bought out my great grandfather following the War; my…
Read MoreMillennial Applications: Changing the Course of Business
Changing Course Implementing change is hard. I’ve failed at it on many occasions. In most instances, powerful forces of human nature are strong at work against it. The use of the word alone can cause people to become defensive and uptight. Think of every time you’ve heard someone say “YOU HAVE TO CHANGE”. Coming from…
Read MoreClient Testimonial: Appraisal for Estate Settlement
Dear Patrick, The support for appraisal values that Lamb Hanson Lamb provided by way of the testimonies of Bryan Boyce and yourself for our estate at the arbitration hearing was much appreciated and a very important piece of the estate’s presentation. Context was provided for the judge and, in my opinion, was instrumental in helping…
Read MoreReal Estate Appraisal during a Divorce
Real Estate Appraisal during a Divorce You’re a spouse going through a divorce – friendly or hostile. One of you has probably moved out, and you’re both wondering what your share of the real estate will amount to. You’re going to have to deal with a division of property – usually, the family residence. What’s…
Read MoreSuccess stories about AI Candidate meetings held at the chapter level over the last few years.
From my perspective, a good approach to help engage and build relationships with Candidates and Affiliates is to focus on three major aspects; 1. in-person chapter meetings, 2. in-person social activities, and 3. online social network connections. In Seattle, we host a candidate/affiliate meeting one hour prior to the main chapter dinner. This is a…
Read MoreTHE WORLD’S BIGGEST 12TH MAN FLAG was just hoisted today! it’s the size of a house (1,500 SF) just went up at West Seattle Corporate Center. Employees of Lamb Hanson Lamb Appraisal Associates, Inc. a tenant of the building, co-sponsored the purchase of the flag.
Read MoreCell Tower Valuation Models
We’re often called on to determine the contribution cell tower leases have on property value. In most cases, the Discounted Cash Flow Approach (DCF) is an appropriate and reliable method in determining the market value contribution of a property’s leased fee interest, encumbered by a cell tower lease. The concept holds that future income or benefits…
Read MoreAppraisal Institutes Leadership Development and Advisory Council (LDAC) – Seattle Chapter Representatives Blog
May 23rd, 2013. We just heard about the I-5 tragedy. Our hearts go out to everyone involved. Don Jury and I were stuck on the tarmac at Reagan Airport in DC when we heard the news. Our flight was being delayed due to a big thunder storm. Coincidentally, we had quite the cast of characters…
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