Creating a Strong Commercial Appraiser LinkedIn Profile

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commercial appraiser linkedin profile
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Jeff Weiner

Co-Founder | Transforming Commercial Real Estate Valuation | B2B SaaS Product Innovator | Creating Amazing Software from Zero to Scale | Longevity Enthusiast

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FREE LIVE WEBINAR SERIES | Big Box Appraisal: Fee Simple Concepts & Tax Assessment

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Creating a Strong Commercial Appraiser LinkedIn Profile

[fusion_dropcap boxed=”no” boxed_radius=”” class=”” id=”” color=””]M[/fusion_dropcap]aintaining a current and well-written LinkedIn profile is one of the easiest ways to convey a professional online presence for any commercial appraiser. LinkedIn will be the first place for a potential employer or client will look, right before they visit your website. Don’t have a current website that looks good on mobile devices? Then, read this blog about great Commercial Appraiser Websites.

LinkedIn Commercial Appraiser Best Practices for Each Section

A professional photo

Hire a professional photographer showing you in a positive light, well-dressed and smiling. Avoid webcam shots or party pics with a drink in your hand. Personally, I’m not a fan of family shots. Save that for Facebook.

Hero image

Select one that reflects your commercial appraiser specialty. That’s the large image at the top of your profile. The website Unsplash.com has many shots of buildings, farmland, and other great pictures you can use at no cost. Further, select a shot that is both relevant to your specialty and to your local area.

Your name

Use the first name you prefer to be called at work. Include all your designations. Some people have a whole string of them!

Headline

Include your position and company. Avoid abbreviations and company-specific job titles (i.e. “Assoc. Appr. II”). Identify if you are certified commercial appraiser or a candidate. A little creativity is OK if you are creative. Just don’t end up on the List of Weirdest LinkedIn Job Titles. The worst, “Galactic Viceroy of Research Excellence.” Others on that list are actually pretty good.

About section

Explain what you do, your strengths and expertise, and how you like to work. It’s a great place to list accomplishments.

Articles, Awards and Accomplishments

Include links to articles you’ve written or awards received. None of either? That’s OK. The point is to make sure you highlight it if you have it.

Work history

Remember, this is not a resume. You already described what you do in the ‘About” section. In your most recent positions, focus on what the company does and specific accomplishments such as, “Grew appraisal revenues for multi-family 40% in 2 years.”. In older jobs, you can briefly describe your role too. Only include relevant commercial appraiser jobs or other roles in real estate, finance or accounting. You don’t need to list everything.

Education

Include college and professional development programs. Don’t include the dates, it’s not necessary.

Skills & Endorsements

Select skills that are relevant to your area of expertise. As others see your profile, they can endorse you. However, don’t wait for that. Instead, endorse your colleagues first. After that, they will see them and return the favor. (Always be honest of course.)

Recommendations

Just like skills and endorsements, it’s always good to give first. Then, there is a LinkedIn process to request recommendations as well. If you feel comfortable doing that, go for it.

Seeking Professional Help

Since a LinkedIn profile is a clear statement of any person’s brand, some opt to hire a pro to write it. Resume and career consultants do this frequently. If you own your business and hire a branding consultant, you can include a LinkedIn profile in the project. For example, one great consultant I’ve worked with many times is Daisy McCarty.

Bottom line, it’s important for commercial appraisers to make an effort on a strong LinkedIn profile. As a result, you will be found by your clients and potential employers. They will see the story you want to tell about your career…your personal brand.

Strong Commercial Appraiser Profile Examples

By Jeff Weiner, CEO. Jeff’s bio can be found here.[/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]

Ready to see how you can be more successful and efficient?  realquantum was created by appraisers, for appraisers, to save them time and make them money. Sign up for a demo today.

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Duration: Each webinar is 1 hour

 

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Series Overview

Big box appraisal valuation has been a huge topic in the appraisal industry. Valuations for tax purposes are based on a fee-simple value. However, there has been confusion on what exactly fee-simple entails. As a result, it led to a debate about how to value big box appraisal retail properties. There are several factors at play. Primarily, they stem from a lack of data for newer big box retail properties. To help bring clarity to this issue, we have lined up industry experts. These experts will share their viewpoints on how to value big box retail.

Realquantum doesn’t take a position on this issue. But like everyone, we want to understand it better. So, we created a 2-webinar series to provide useful information to all stakeholders.

Part One: Challenging Fee Simple and Retail Tax Assessments in Big Box Appraisal

Guest: Mark Hutcheson, attorney and managing partner, Popp Hutcheson, PLLC.

Wednesday November 6, 2019, 10am – 11am Central Time

Summary

Property tax attorney, Mark Hutcheson, has written and spoken about issues in commercial property tax assessments for years. He is the managing partner of Austin-based Popp Hutcheson PLLC and will join the realquantum team for a live discussion. Mark will give an overview of the key issues he encounters. In addition, he will share suggestions for commercial property owners on getting an appropriate tax assessment. (NOTE: this is not legal advice!)

Attendees will learn:

  1. An overview of the issue from the perspective of a property tax attorney.
  2. The changing landscape of brick-and-mortar retail in an era of exploding ecommerce. Also, the shift in consumer spending from goods to experiences.
  3. Determining an appropriate Cap Rate for a property. First, base it on a typical commercial property buyer. Don’t assume an extremely well-capitalized investor.
  4. The dreaded ‘dark store’. What’s the right assessment? Compare the cap rate of a Wal-Mart versus a lesser-known brand. What about a vacant property?
  5. Determining if intangible assets are in the property tax assessment when using the income approach.

About Mark Hutcheson

Mark Hutcheson, CMI, CRE, leads the Case Resolution Team of Popp Hutcheson, PLLC. He serves on IPT’s Board of Governors and chair of IPT’s CMI Designation Committee for Property Tax. Prior to joining the firm, Mark’s practice was mostly devoted to complex civil litigation. The remainder of his practice involved lobbying activities before the Texas Legislature. Earlier, Mark served as a legislative assistant in the Texas House of Representatives. In addition, he served as a congressional aid in the United States Congress. Mark has a B.A. from the University of Texas and JD from Baylor Law School. He is a member of the Travis County Bar Association and the State Bar of Texas.

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Part Two: Setting the Record Straight on Fee Simple in Big Box Appraisal

Guests: Peter Korpacz, MAI, CRE, FRICS and Greg McHenry, AAS

Friday, November 22, 2019, 11am – Noon Central Time

Summary

Join Peter Korpacz, MAI, CRE, FRICS and Greg McHenry, AAS, for a lively discussion about the definition of “highest and best use” and “fee simple estate.”  Peter is a consultant appraiser who travels the country working on high-profile retail tax appeal and litigation cases for big box, shopping malls and more. He speaks and writes extensively on the subject.

Attendees will learn:

  1. Fundamental #1: What is “fee simple absolute”?
  2. Fundamental #2: What is “highest and best use?”
  3. Valuing a property for tax purposes as if it is vacant vs. occupied
  4. How to handle encumbrances on the property.
  5. Finally, sorting through the noise when assessing big box appraisals, single-tenant retail built for use by the owner-operator.

About Peter Korpacz

Peter F. Korpacz is the founder of Korpacz Realty Advisors, Inc., specializing in litigation-support, including expert witness testimony. He has extensive experience in the real estate appraisal, counseling, publication, and research fields. Peter is experienced in assessment work for cap rate studies and valuations of regional malls. Furthermore, he’s consulted on corporate headquarters, methodology studies for distressed markets and chain drug store properties. Peter speaks and publishes frequently, and, is the founder and original publisher of the quarterly Korpacz Real Estate Investor Survey®, now the PwC Real Estate Investor Survey. In addition, he was a principal researcher and advisor for the annual Emerging Trends in Real Estate®. (2001 U.S. issue through the 2008 U.S. issue). Peter is the author of numerous articles, contributor to numerous real estate books and is a former editor-in-chief of The Appraisal Journal.

About Greg McHenry

Greg McHenry, AAS, is county appraiser of Riley, County, Kansas and is a Kansas registered mass appraiser (RMA). He has held numerous leadership positions in the Kansas County Appraisers Association, the Kansas City chapter of the IAAO and Vice-Chair of the Flint Hills Regional Leadership Program. Greg speaks frequently on a variety of topics for the IAAO (International Association of Assessing Officers) and serves as its vice president. In 2020, he will be the president-elect. Greg holds a Bachelor of Science in agricultural economics from Kansas State University.

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