NCREIF Farm Appraisal Standards

NCREIF Farm Appraisal Standards

On September 11th, The National Council of Real Estate Investment Fiduciaries (NCREIF) released the NCREIF Agricultural Appraisal Guidelines. To read NCREIF’s press release about the reason for creating the NCREIF Agricultural Appraisal Guidelines and what they...
USING THE RIGHT INGREDIENTS FOR VALUATION MODELING

USING THE RIGHT INGREDIENTS FOR VALUATION MODELING

Josh Panknin, Director of Real Estate Technology Initiatives in the Engineering school at Columbia University wrote an excellent thought-provoking article, The Property Valuation Reckoning is Imminent, How Technology is Highlighting Underwriting’s Shortcomings. In his...
BEING QUALIFIED TO VALUE TIMBERLAND

BEING QUALIFIED TO VALUE TIMBERLAND

As a professional forester, I have managed timberland for large forest product companies over the past four decades. In that role, I purchased timberland on many occasions from small private timberland owners. Most times sellers hired a real estate agent with little...
Assessing Land Values

Assessing Land Values

Assessing land value can be a tricky thing. Depending on various factors such as location and usage, the values can be can greatly fluctuate, making it difficult to get a full and accurate value assigned. The American Farm Bureau Federation’s Market Intel...