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QUALIFICATIONS OF ROBERT J. VERTALKA, MAI, SRA

 

EMPLOYMENT

  • 1971 to Present: Independent fee appraiser completing assignments for various lenders, business entities, governments and individuals. I have appraised for mortgage purposes, insurance purposes, property work-outs, foreclosures, tax appeals, condemnation, federal bankruptcies and state court hearings. Responsibilities include appraising all types of properties, including, income and special use properties including but not limited to residential, commercial, apartment, office (high-rise, low-rise, medical, professional), hotel, motel, industrial, warehousing (single and multi-level), churches, restaurants (fast food, take-out, sit down), mobile home parks, self storage facilities, auto dealerships, auto malls, fraternities, sororities, easements, schools, friary, adult foster care, banks, gasoline stations, convenience stores, retail stores, strip shopping centers, regional malls, day care, nursing homes, lumber yards, bowling alleys, veterinary clinics, meat packing plants, truck terminals, bed and breakfasts, turf farms, banquet halls, car wash, airplane hangars, funeral homes, grocery stores, golf courses, condominiums (residential and office), skating rinks, civic center, subdivisions, as well as all types of vacant property (residential, commercial, office, industrial, multi-family, mixed use).

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    PROFESSIONAL MEMBERSHIPS

    1973 Licensed Real Estate Broker

    1978 Member American Bar Association, Michigan Bar Association, and Ingham County Bar Association.

    1984 Receipt of Society of Real Estate Appraisers designation SRA.

    1990 Receipt of MAI designation from American Institute of Real Estate Appraisers.

    1991 Licensed as a State Certified Real Estate Appraiser in the State of Michigan, Department of Licensing and Regulation, P.O. Box 30018, Lansing, MI 48909. License #: 1201000669

    1991-01 Member Delta Township Taxing Board of Review.

    1984 to   Present: Held various offices in the Lansing Chapter Society of Real Estate Appraisers, now Appraisal Institute, from Director to President. Also serves on various committees rom admissions to professional practice.

    1990 to present: Held various offices in the Great Lakes Chapter of the Appraisal Institute including Director, Secretary, Treasurer, First Vice President, Vice President and in the year 2001 President.

    EDUCATIONAL HISTORY

    1971 Graduated Michigan State University. B.A.; course work in real estate law and related subjects.

    1972 Real Estate Business I, Appraisal I, Appraisal II, University of Michigan. Condominium Investment and Development seminar in New York.

    1973 Appraisal I-A, I-B, American Institute of Real Estate Appraisers, waiver exam Appraisal VIII, AIREA; Real Estate Business II, Oakland University; Real Estate Business III, University of Michigan

    1974 Real Estate Selling Methods, University of Michigan. Feasibility Analysis seminar, Society of Real Estate Appraisers.

    1978 Appraisal II through American Institute of Real Estate Appraisers. Graduate of Thomas M. Cooley Law School (J.D.)

    1985 Attendance at Instructors' Seminar for Society of Real Estate Appraisers at Purdue University.

    1987 Society of Real Estate Appraisers Course 201, Principles of Income Property Appraising, Evanston, Illinois.

    1987 Attendance at and participation in annual Society of Real Estate Appraisers convention in Montreal. Earned 16 recertification credits.

    1988 Completion of Standards of Professional Practice, American Institute of Real Estate Appraisers, Traverse City, Michigan.

    1988 Waiver exam 1A-2, Basic Valuation Procedures, and Waiver exam 1A-1/8-1, Real Estate Appraisal Principals, American Institute of Real Estate Appraisers.

    1988 Waiver exam 1B-A Capitalization Theory and Techniques Part I, and waiver exam IB-B, Capitalization Theory and Techniques, Part 1I, American Institute of Real Estate Appraisers.

    1988 Course 2-1, Case Studies in Real Estate Valuation, American Institute of Real Estate Appraisers, University of North Carolina.

    1988 Course 2-2, Valuation Analysis and Report Writing, American Institute of Real Estate Appraisers, University of North Carolina.

    1989 Comprehensive Exam for MAI Designation, American Institute of Real Estate Appraisers.

    1990 Instructor for Intensive Course 101 of the Society of Real Estate Appraisers at Kellogg Center, Michigan State University, East Lansing, Michigan.

    1991 Instructor for Residential Appraisal Education Program, of the National Association of Realtors at Lansing, Michigan.

    1992 Instructor for Residential Appraisal Education Program, of the National Association of Realtors at Lansing, Michigan.

    1993 Reviewing Appraisals Seminar through the Appraisal Institute, Lansing, Michigan

    1993 Americans with Disabilities Act Seminar through the Appraisal Institute, Lansing, Michigan

    1994 Instructor for Intensive Course 120 of the Appraisal Institute, Okemos, Michigan.

    1995 Litigation and expert witness, Troy, Michigan

    1995 Electronic Data Interchange Seminar, Toledo, Ohio

    1997 Purposed changes in Uniform Standards of Professional Appraisal Practice.

    1998 Tax and Financial Planning After the Tax Reform Act.

    1998 Standards of Professional Appraisal Practice - Part C

    1998 Fair Lending and the Appraiser - Chicago, Illinois

    1998 Legislative Affairs affecting the Appraisal Profession

    1998 Automated Valuation Models

    1999 Attacking and Defending an Appraisal in Litigation

    1999 Economic Trends and Forecasts

    1999 Executive Summit on Appraisal Issues

    2000 Changes in State Licensing Requirements

    2001 Internet Literacy

    2003 Real Estate Fraud: The Appraiser= s Responsibilities and Liabilities-Appraisal Institute, Austin Texas Chapter

    2003 The Road Less Traveled: Special Purpose Properties-Appraisal Institute, Austin Texas

    2004 Case Studies and Valuations for Financial Reporting Appraisal Institute, Toronto, Canada

    2004 Trends in Institutional Real Estate Appraisal Institute, Toronto, Canada

    2004 Analyzing Distressed Real Estate Appraisal Institute, Toronto, Canada

    2004 GIS Applications of Retail Gravity Model Appraisal Institute, Toronto, Canada

    2005 International Right of Way Association Fall Seminar-12 Hours continuing education, Traverse City, Michigan

    2006 Co-development and co-authored easement acquisition presentation for county drain commissioners in the state of Michigan

    1984 to Present: Attended various Appraisal Chapter meetings, seminars and courses including Continuing Educational Requirements for State Appraiser license and Broker's license.

    Testified as an Expert Witness in various courts, including Clare County Circuit Court, Clinton County Circuit Court, Eaton County Circuit Court, Ingham County Circuit and Probate Courts, Gratiot County Circuit Court, Shiawassee County Circuit Court, U.S. Bankruptcy Court, Western District.