CONSULTING SERVICES:
Steiro Appraisal Service, Inc. provides consulting reports on properties when appraisals are not necessary. Some examples would include:
Feasibility Studies:
This is the determination of the likelihood that a proposed product or development will fulfill the objectives of a particular investor. In other words, it should determine whether a certain plan of action is feasible—that is, whether or not it will work, and whether or not it is worth doing economically.
Sales Studies:
A compilation and analysis of real estate sales data used to determine a value estimate for a particular property type within a specific region. Sales studies are most commonly used in large scale projects that effect multiple properties.
NEGOTIATING SERVICES:
When local public agencies require the acquisition of real estate to complete a project, an amount is established that is believed to be just compensation for the real property being acquired. The property owner is then given the opportunity to consider the offer and propose any modifications to the established purchase price, compensation, or damages for the taking of any real property. During this negotiation process, the utilization of professional representation can have a profound effect on the outcome. Steiro Appraisal Service, Inc. will assist in the negotiation process by providing a comprehensive analysis of market data and opinion of value for the property being acquired to ensure appropriate compensation is awarded.
LITIGATION/EXPERT WITNESS TESTIMONY:
Steiro Appraisal Service, Inc. has experience and expertise in litigation support, depositions, and expert witness testimony. In many cases, our independent, supportable analysis has allowed clients to settle cases without going to court. In most expert testimony engagements, we produce an affidavit, memorandum or other expert report for use in the proceedings. Reports contain clearly stated findings, and state the methodology and data that are the basis for our conclusions. Preparing a report is such a manner not only fulfills the requirements of the Federal Rules of Civil Procedure (and those of similar state rules), it also provides the judge, jury, or mediator with a persuasive and well-supported presentation.