Qualifications

JAMES F. FISHER, MAI

President - Realty Advisors

Background

James F. Fisher, MAI  founder of Realty Advisors is a native of Braintree, Massachusetts and a graduate of Babson College in Wellesley, Massachusetts. He began his appraisal career in 1985 as an independent contractor for Connecticut's largest commercial appraisal firm, Edward F. Heberger and Associates of Cheshire, Connecticut. This association continued until 1989 and formed a sound base for his independent appraisal firm venture.

Mr. Fisher was awarded the SRPA (Senior Real Property Appraiser) designation from the Society of Real Estate Appraisers in 1987 and was awarded the MAI designation from the American Institute of Real Estate Appraisers in 1991.

Mr. Fisher has performed over 1,600 appraisals representing over half a billion dollars in assets throughout New England.  He has experience in all commercial property categories, and specializes in complex analysis of income properties.

He has also performed various analyses on non traditional property types including:
hotels, motels, golf courses, avigation easements, land taking for highways and urban renewal, nursing homes, municipal airports, power centers, travel centers, restaurants, industrial parks, gas stations, mobile home parks, tennis clubs, skating rinks, auto dealerships, complex subdivisions, airport parking facilities, religious facilities,  cooperative apartments, private boarding schools, plus a variety of property use conversion studies.

Mr. Fisher is co-founder of MassComp Data, formed in 1993 as the first data base of commercial real estate transactions in Massachusetts. The product is now used as part of the Appraisal Institute’s National Commercial Real Estate Data Base.

Mr. Fisher has qualified as an expert in U.S. Bankruptcy Court, the Massachusetts Appellate Tax Board, Hampden County District Court, Berkshire County Superior Court, local housing courts, and has provided valuation services for land damages and right-of-way purposes.

 
EDUCATION

            Babson College, Babson Park, Wellesley, Massachusetts
            Degrees:            Bachelor of Science in Business Administration
            Concentration:  Investments / Entrepreneurial Studies
 
Appraisal Institute Courses:  

            1A                     - Real Estate Appraisal Principles (AIREA) 
            101                    - Introduction to Appraising Real Property
            102                    - Applied Residential Property Valuation
            201                    - Principles of Income Property Valuation
            202                    - Applied Income Property Valuation
            SRPA                 - Demonstration Report-Income Property
            SRPA                 - Experience Credit Verification
            MAI                   - Comprehensive Examination Requirement
            MAI                   - Experience Credit Verification

Completed numerous appraisal seminars including:  

Hotel Valuation                                                 Narrative Report Writing
Professional Practice                                       The Small Residential Income Property
DCF  Analysis                                                   Appraisal and Fair Lending
Federal Regulations and Appraisal                Limited Appraisals and Reporting Options
Real Estate and GIS                                         High Tech Appraisal Office
Eminent Domain & Condemnation                 Standards of Practice A & B
Motel Valuation                                                Valuation of Detrimental Conditions in Real Estate
Revenue Forecasting                                       Commercial Appraisal Clients
Appraisal Operations                                       USPAP Update
GIS Applications                                               Business Practice 420
Feasibility/Option Value                                   Scope of Work
Analyzing Distressed Real Estate                    Marshall Swift Cost Training
Nursing Home Appraisal                                  Business Practices and Ethics
Expert Witness Testimony                                Single Tenant Distribution Centers
Green Building Valuation                                  New Technology for Appraisers


PROFESSIONAL AFFILIATIONS 

            MAI - Member of the Appraisal Institute - 

Recognized as being capable of conducting appraisals involving retail, commercial, industrial and numerous types of income generating properties by the largest independent association of appraisers in North America. 


Appraisal Institute Offices held:

President                        Western Massachusetts Chapter 1993
First Vice President        Western Massachusetts Chapter 1992
Admissions Chairman    Western Massachusetts Chapter 1991-1992
Director                           Western Massachusetts Chapter 1991-1992
                                       
Real Estate Broker:                              Massachusetts #136512
Certified General RE Appraiser:         Massachusetts #325
Member:                          Greater Springfield Association of Realtors   

Other Offices Held:

Board of Directors:                             Western United FC 1999-Present