appraiser
Mark Reed is a certified appraiser in the State of Utah. He has been practicing as a real estate appraiser and consultant since 2004. Mark holds a B.A. degree from Brigham Young University as well as an MBA degree from Brigham Young University.
The majority of his experience has been throughout the western United States. His experience covers a broad range of real estate markets including large land development projects, recreational/resort properties, ranch properties, water rights, office properties, industrial properties, retail properties, residential properties, and special-use properties. His clients include legal firms, public and private corporations, financial institutions, city and county governments, various state and federal government departments and divisions, and individuals.
Mark’s primary focus is on complex assignments, including litigation and support, which requires an in-depth understanding of appraisal principles and procedures, research and analytical skills, and objectivity. His work supports expert testimony and decisions made in eminent domain and condemnation proceedings, real estate damages, appraisal review, tax appeals, bankruptcy, deficiency judgments, financing, and estate planning matters.
Representative Cases
EMINENT DOMAIN: Mark has prepared appraisal reports for acquisitions of right-of-way for road widening projects, high-voltage transmission lines, utility corridors, redevelopment projects and other eminent domain related assignments.
APPRAISAL REVIEW/LITIGATION CONSULTATION: Mark has provided substantial litigation support, including appraisal review of expert reports, and consulting work through development of direct and cross-examination questions and trial exhibits.
DAMAGED REAL ESTATE: Mark has provided valuation and damage analyses and supporting research for impaired real estate, including fire damaged properties, access and view-impaired properties, and the impact of proximity to detrimental environs on market value.
RECREATIONAL/RESORT PROPERTIES: Mark has provided valuation and consultation services on large-scale resort development properties, including Treasure Hill in Park City.
ESTATE PLANNING: Mark has prepared appraisal reports for large estate holdings encompassing various property types throughout both Utah and the western United States.
BANKRUPTCY: Mark has prepared appraisal reports used in bankruptcy proceedings including ski resort developments, subdivisions, and special use properties.
CONSERVATION EASEMENTS: Mark has performed appraisals used for conservation easements on numerous ranch and rural properties in the western U.S.
TAX APPEAL: Mark has provided consulting and appraisal services for tax appeals including numerous big-box retail properties.
TITLE INSURANCE CLAIMS: Mark has consulted and performed appraisals on numerous properties that had missing encumbrances noted on title insurance including avigation easements, utility easements, and right-of-way easements.
EDUCATION
- MBA, Brigham Young University, August 2000
- B.A., Brigham Young University, August 1991
PROFESSIONAL MEMBERSHIPS & LICENSES
- Certified General Appraiser, State of Utah, #5834628-CG00
- Designated Member – Appraisal Institute (MAI)
