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Eventually, every commercial real estate appraisal firm owner will decide it is time to sell the business. It could be to merge with a larger firm to gain the benefits of being part of a large company. An owner may decide it’s time to retire or change careers in which case the buyer could be other members of the firm or another party. Whatever the reason, there are some business owners that maximize the value of their appraisal firms and get top dollar while others do not. Sadly, far too many simply “turn off the lights” and shut down the operation. After years of cultivating client relationships and building expertise in the markets they serve, this is a tremendous loss of value.
This webinar will be an engaging discussion with Peter Christensen of Valuation Legal, an attorney specializing in the valuation industry. Discussion topics will include why people sell their appraisal businesses, the factors impacting appraisal firm value, and what other owners wish they knew before the time came to sell.
Join Realquantum CEO Jeff Weiner and attorney Peter Christensen for an interactive, live discussion. Bring your questions and experiences. As with all webinars in the Realquantum Highest and Best Use series, we want a lively discussion.
This 30-minute live webinar is designed for the appraisal office owner or managing partner who runs a small or midsize appraisal firm.
Peter is member of the California and Washington state bars, as well as a licensed insurance broker. After earning his BS and JD degrees at U.C. Berkeley, he began his career at Latham & Watkins LLP. He later served as general counsel to the largest provider of professional liability insurance to appraisers and valuation businesses. He’s based near Santa Barbara, California, but enjoys traveling the country to meet with professionals and firms, and he’s has made it to 48 states so far.
Realquantum is a SaaS company providing web-based real estate appraisal software and database products that accelerate the commercial real estate appraisal process.
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