Archive for INTEGRA NEWS

Nov
12

Integra is Appraising on Hilton Head Island

Posted by: | Comments Comments Off on Integra is Appraising on Hilton Head Island

I was looking at a property on Hilton Head Island yesterday and started thinking about how much appraisal work we have done in Beaufort County in recent years. If Integra Realty Resources – SC can assist with your commercial appraisal needs in the Hilton Head, Bluffton, Beaufort and Ridgeland areas, please let me know.  We have appraised auto dealerships, shopping centers, hotels, drug stores, office warehouses and restaurants in the lowcountry region recently.

Michael B. Dodds, MAI, CCIM

Comments Comments Off on Integra is Appraising on Hilton Head Island
Aug
19

Integra is Appraising Restaurants in SC, GA and NC

Posted by: | Comments Comments Off on Integra is Appraising Restaurants in SC, GA and NC

I just ran some database numbers, and our Columbia and Greenville offices have appraised an average of two restaurants per month this year. These have included fee simple and leased fee interests, on both national and local restaurant operations. Operators have included Miyabis Japanese, Zaxby’s, Hardee’s, Bojangles, Carrabba’s, Dunkin Donuts and others.  The restaurants were located in South Carolina, North Carolina and Georgia.

Please let me know if we can assist with your restaurant appraisal needs.

Michael Dodds, MAI, CCIM

mdodds@irr.com

Categories : INTEGRA NEWS
Comments Comments Off on Integra is Appraising Restaurants in SC, GA and NC
Jul
16

Why Order Commercial Appraisals from Integra?

Posted by: | Comments Comments Off on Why Order Commercial Appraisals from Integra?

Recently, Integra’s corporate headquarters completed a client satisfaction research effort that was performed by an independent research firm. In summary, here is what our clients had to say about IRR:

  • 94% of our clients tell us that they are satisfied; and nine out of ten of these clients say they are “very” or “extremely” satisfied.
  • 72% of our clients say that they have referred IRR to their friends and colleagues.
  • IRR has earned a Net Promoter Score of 57, which is significantly higher than the average net promoter score for a top-100 brand business to business company (the average is 35).

In short, we found that the majority of our clients are satisfied with the appraisals we prepare, and that our clients likely to recommend our company and services to a friend or colleague.

When choosing an appraiser for your valuation needs, it is very important to choose a reputable firm with a proven track record of satisfied clients. Not only will this instill confidence that you will be receiving a quality appraisal report, but this also shows that the appraiser is active in your area, which means that they will have a best data available to prepare an accurate valuation.

Please let me know if I can assist with your appraisal needs in the Carolinas.

Michael Dodds, MAI, CCIM

Categories : INTEGRA NEWS
Comments Comments Off on Why Order Commercial Appraisals from Integra?
Jun
20

Visit the Integra Booth at the IRWA Conference

Posted by: | Comments Comments Off on Visit the Integra Booth at the IRWA Conference

Categories : INTEGRA NEWS
Comments Comments Off on Visit the Integra Booth at the IRWA Conference
Mar
06

SCREnews.com – Six Years and 2,900 Posts Later

Posted by: | Comments Comments Off on SCREnews.com – Six Years and 2,900 Posts Later

It was six years ago this week that I created SCREnews.com. Recently, someone asked me why I spend the time on the website. I feel that as the owner of a commercial appraisal firm, I should be very aware of what is happening across South Carolina. I have always been somewhat of a news junkie, so it just made sense to gather the news that I read everyday and post it in a central spot for other real estate professionals to access it.

Six years later, there have been 2,992 posts and almost 260,000 views of the site. I welcome your feedback on topics that you would like to see covered.

Michael Dodds, MAI, CCIM

Categories : INTEGRA NEWS, SCREnews
Comments Comments Off on SCREnews.com – Six Years and 2,900 Posts Later
Dec
09

Appraisal Reports Delivered by Drone?

Posted by: | Comments Comments Off on Appraisal Reports Delivered by Drone?

There is no truth to the rumor that Integra Realty Resources will begin delivering appraisals by drone…….

 

Categories : Humor, INTEGRA NEWS
Comments Comments Off on Appraisal Reports Delivered by Drone?
Dec
06

Commercial Appraiser Position Available

Posted by: | Comments Comments Off on Commercial Appraiser Position Available

Integra Realty Resources is seeking a commercial appraiser for the Columbia, SC office. Responsibilities include appraising general commercial properties, as well as maintaining good working relationships with clients. Candidate must be a certified general appraiser, or advance apprentice, as well as comfortable in Microsoft Windows environment and proficient with Word and Excel. Experience with Argus is a plus, but not required. Assignments are primarily in South Carolina with periodic travel as required. Compensation plan will be based upon experience, but features competitive fee split and benefits.

The office has access to most data sources, including Real Capital Analytics, Reis, CRS, Loopnet, Smith Travel Research, STDB and statewide CoStar access. In addition, Integra has a national comparable database. Please forward confidential cover letter and resume to: mdodds@irr.com

Categories : INTEGRA NEWS
Comments Comments Off on Commercial Appraiser Position Available
Sep
06

Michael Dodds on LinkedIn

Posted by: | Comments Comments Off on Michael Dodds on LinkedIn

If you have a LinkedIn profile, let’s connect. Being in the commercial appraisal profession, I am often asked for referrals of mortgage bankers, surveyors, brokers, contractors, etc. Maybe we can help each other make a few extra dollars. My LinkedIn profile can be found HERE.

Michael Dodds, MAI, CCIM

Categories : INTEGRA NEWS
Comments Comments Off on Michael Dodds on LinkedIn
Aug
16

RCA, Integra Report Positive Surprises in 2013

Posted by: | Comments Comments Off on RCA, Integra Report Positive Surprises in 2013

The first half of the year was chock-full of surprises, according to Real Capital Analytics and Integra Realty Resources, which jointly revealed a summary of the nation’s performance—including a comparison of the U.S. to other spots on the globe—from January to June of 2013 during a presentation Thursday in Midtown Manhattan.

Overall in commercial real estate, the US fared well. And in some interesting turns, new sectors became ripe for investment while other tried-and-true property types may have topped out; investors weren’t terribly jumpy over rising interest rates and there have been unusual shifts in the market leaders versus laggards, according to analysts.

“We’ve had a good first half, transaction activity was up about 25% over 2012,” said Bob White, president, RCA. “It’s going to be tough to match that in the second half of the year. The activity at the end of 2012 because of the capital gains tax year pushed a lot of activity to early 2013. Now, we’re seeing a slowing in the rate of acceleration but I don’t think that’s evidence of any impact of rising interest rates; we haven’t seen the market respond to the run up of rates in May and June. A handful of deals fell through but that actually made investors eager to get deals done, in order to lock in rates.”

READ MORE HERE

Comments Comments Off on RCA, Integra Report Positive Surprises in 2013
Jul
24

Integra Provides Going Concern Appraisals

Posted by: | Comments Comments Off on Integra Provides Going Concern Appraisals

Three  appraisers in the South Carolina office of Integra Realty Resources have completed the Appraisal Institute’s course entitled, Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets, which is the only course recognized by the Small Business Administration (SBA) for going-concern value appraisal assignments. Having taken the course and passed the exam, Michael Dodds, MAI, CCIM, Debora Hendrix, MAI and George John have been placed on the SBA Going Concern Registry located on the Appraisal Institute’s Web site.

Typical going concern properties include: restaurants, motels, bowling alleys, golf courses and car washes.

Please contact us if we can assist in your going concern valuation needs.

Categories : INTEGRA NEWS
Comments Comments Off on Integra Provides Going Concern Appraisals
Jun
27

We are Appraising in Augusta/Aiken

Posted by: | Comments Comments Off on We are Appraising in Augusta/Aiken

My appraisal firm, Integra Realty Resources – SC, has been doing a lot of commercial appraisal work in the Augusta, GA and Aiken, SC markets recently. If we can assist with your appraisal needs in that region, please let me know. As always, we work statewide, with emphasis on Columbia, Greenville, Charleston, Florence, Anderson and the Hilton Head/Bluffton regions.

Michael Dodds, MAI, CCIM

Categories : Aiken, Augusta, INTEGRA NEWS
Comments Comments Off on We are Appraising in Augusta/Aiken
May
07

Integra Realty Resources Expands Right-of-Way Division

Posted by: | Comments Comments Off on Integra Realty Resources Expands Right-of-Way Division

The Greenville office of Integra Realty Resources, a nationwide commercial real estate appraisal firm, is expanding its right-of-way division with the hiring of Bruce DeHaven.

“I’m excited to have Bruce join our firm,” said Michael Dodds, MAI, CCIM, who serves as managing partner of both the Greenville and Columbia offices. “We were determined to hire the right person to head up the expansion of our right-of-way practice. With Bruce’s extensive eminent domain experience, he is the perfect guy.”

DeHaven has over 25 years of appraisal experience, and joins Integra after almost 20 years as an appraiser with the South Carolina Department of Transportation (SCDOT). He is currently on the approved appraiser, and review appraiser, lists of the SCDOT. Bruce is also a member of the Carolinas Chapter of the International Right of Way Association.

“With Integra’s database, proprietary appraisal software, and excellent reputation, I saw a really unique opportunity to expand my appraisal skills,” said DeHaven, who joined the firm last month.

Integra Realty Resources routinely provides commercial appraisals throughout the State of South Carolina. “Independence is important. We do not offer brokerage or leasing services, so we can offer valuation services without any real, or perceived, conflict of interest. Our clients want a true independent third party to point them in the right direction,” said Dodds.

 

Categories : INTEGRA NEWS
Comments Comments Off on Integra Realty Resources Expands Right-of-Way Division
Jan
24

Hotel Tax Assessments Typically High

Posted by: | Comments Comments Off on Hotel Tax Assessments Typically High

Probably the most frustrating bill that comes each year is the property tax bill. Based on our experience, many hotel owners are being overcharged by 15% or more on their property taxes. There are lots of reasons why hotels are overvalued, but it is mainly the result of improper appraisal techniques by the assessor’s office. If you are a hotel owner and feel that the assessed value of your property is high, contact me, and my firm will review your assessment to see if a reduction is likely. Property tax reductions for hotels are direct to your bottom line, meaning a higher net income, resulting in a higher property value!

Michael Dodds, MAI, CCIM

Comments Comments Off on Hotel Tax Assessments Typically High
Jan
15

Integra’s Viewpoint 2013 Survey Released

Posted by: | Comments Comments Off on Integra’s Viewpoint 2013 Survey Released

Integra Realty Resources offers several products to provide the intelligence necessary to reach your goals. Whether you’re investing in property across the country or in your own backyard, our market analysis will deliver critical information provided by IRR’s highly qualified professionals.

The 2013 Viewpoint Survey is now available, and is the 23rd year of publication of the report. If you would like a hard copy, or a PDF, of the report, please e-mail me at mdodds@irr.com.

Michael Dodds, MAI, CCIM

Comments Comments Off on Integra’s Viewpoint 2013 Survey Released
Sep
11

Integra Realty Resources – South Carolina

Posted by: | Comments Comments Off on Integra Realty Resources – South Carolina

I try not to use this website to promote my business too often, but occasionally, I’ll get an email asking for information on what we do. Integra is a national appraisal firm with over 60 offices. I am the managing director of the Columbia, SC and Greenville, SC offices, although we have done appraisal work throughout the state including the Charleston, Myrtle Beach, Florence, Hilton Head, Bluffton, Spartanburg and Aiken markets. Our appraisal staff includes three MAI designated appraisers and in total, the staff has over 100 years of combined experience. Personally, I have been in the appraisal profession full-time since 1985, where I worked in Charlotte, NC for five years.

In addition to traditional real estate valuation work, we routinely complete market rent studies for medical office buildings and feasibility studies for apartments and senior housing developments. With tax bills being mailed soon, we can also assist with real property tax appeals, so keep that in mind. One of the newer services that we offer is working with banks to ensure that their real estate appraisal process meets federal guidelines. Our appraisal management division operates a little different than most, since the fee appraisers invoice the bank directly instead of invoicing Integra. This provides a higher level of transparency that the regulators like.

What we don’t do is sell real estate. That way, there is no conflict of interest and the users of our services can have confidence that their rent roll doesn’t end up in the wrong hands. No broker or leasing agent should have access to an appraisal file…..but they do in many cases.

Let me know if we can assist with any of your real estate needs.

Michael B. Dodds, MAI, CCIM

Categories : INTEGRA NEWS
Comments Comments Off on Integra Realty Resources – South Carolina