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PROFESSIONAL QUALIFICATIONS

DAVID ERNEST VEGTER

STATE CERTIFIED APPRAISER, MICHIGAN, #1201001012

BROKER, MICHIGAN, #6501198499

BORN:

 Mt. Pleasant, Michigan, 1949

COLLAGE:

Bachelor of Arts Degree, Alma College, 1972 (English Major)

Central Michigan University, Creative Writing, Fine Arts Graduate Studies, 1973/74

APPRAISER:

AMERICAN REAL ESTATE ADVISORS - Principal 1992 to present

BAUM APPRAISAL ASSOCIATES - Principal 1990 to 1992

Expert Witness, Qualified 1987, Bay County Circuit Court

Broker’s License, 1984

Independent Fee, Commercial Real Property Appraiser since 1984

ASSESSOR:

·        Appraiser, Charter Township of Portsmouth, 1982-84

·        Assessor, Charter Township of Bangor, 1977-1984

·        Michigan Assessor’s Designations having been held, Levels I, II and III

·        Expert Witness, Qualified 1977, Michigan Tax Tribunal.

·        Units Served as Acting Assessor:

·        City of Bay City, 1976/77

·        City of Auburn, 1975-1977

·        Staff Appraiser, Bay County Equalization Dept., 1972-1977

Expert testimony before the Michigan Tax Tribunal has involved numerous valuation disputes involving dwellings, vacant land, commercial and industrial properties, both as an assessor and more recently as an appraiser. Though less formal, oral presentations before local Boards of Review have also been ongoing from 1973 to the current.

PARTIAL LIST OF COURSES AND SEMINARS:

·        Appraisal of a Single Family Residence, 1975, University of Michigan

·        Real Estate Fundamentals, 1983, Sharp Real Estate Training, Inc.

·        Broker Principals and Practice, 1984, Sharp Real Estate Training, Inc.

·        Real Estate Appraisal Principals, 1984, AIREA, Exam 1A/81

·        Basic Valuation Procedures, 1985, AIREA, Exam 1A-2/8-2

·        Six Functions of a Dollar & Valuation of Leases, SAB, 1984

·        Capitalization Theory and Techniques, Part A, 1985, AIREA, Exam 1B-A

·        Capitalization Theory and Techniques, Part B, 1985, AIREA, Exam 1B-B

·        Real Estate Financing, 1986, Delta College

·        Ethics Exam, 1986, ASA

·        Comprehensive Exam, 1986, ASA (Senior Member, ASA designation, 1986)

·        Standards of Professional Practice, 1987, AIREA, Exam 2-3/8-3

·        Case Studies in Real Estate Valuation, 1988, AIREA, Exam 2-1

·        Valuation Analysis and Report Writing, 1988, AIREA, Exam 2-2

·        Wetland and Sand Dunes Seminar, 1990, Public Service Consultants

·        Limited Scope Appraisals and USPAP, 1994, NAIFA #5.0B

·        Depreciation Seminar, 1994, SAB

·        Financial Analysis, Income Properties Using DCF, 1995, NAIFA, #2.0A

·        In Search of the Market Meaning of "R," 1996, SAB

·        Small Business Valuation, 1996, The Stratford Institute

·        Looking-Up Tax Laws/New Subdivision Act, 1997, SAB

·        USPAP and Financing Update, 6/7/99, ADMIREE

·        Surveying, Planning and Zoning, 6/8/99, ADMIREE

·        Subdivision Analysis, 6/8/99, ADMIREE

TRADE AREA (Bay City / Tri-Counties):

While I have performed appraisals in Michigan’s Thumb, Flint, Alma, Mt. Pleasant, Clare, Gladwin, West Branch, Hale, Oscoda, Tawas, AuGres and Standish, surrounding the Tri-Cities (Bay City, Midland and Saginaw), Bay City represents the dominant area of my professional practice, estimated at 60% of total assignments.

PROPERTY TYPES AND APPRAISAL FUNCTIONS PERFORMED:

·        Apartment Complexes Health Clubs

·        Assessment Horse Arenas

·        Banks Funeral Homes

·        Banquette Facilities Industrials

·        Bowling Centers Land (all zoning types)

·        Build-to-Suit Ventures Laundries

·        Car Washes Lumber yards

·        Churches Marinas

·        Clubs Medical Offices

·        Condemnations Mobile Home Parks

·        Condominiums Mini Warehouses

·        Convenience Stores Motels

·        Dental Offices Offices

·        Depots Rail Roads

·        Developmental Projects Restaurants

·        Distributorships Retails

·        Fast food Restaurants Sales Yards

·        Farms Salvage Yards

·        Feasibility Analyses Schools

·        Foreclosures Shopping Centers

·        Fractional Interests Subdivisions

·        Franchise Facilities Supermarkets/Markets

·        Garages Tank Farms

·        Gas Stations Theaters

·        Golf Courses Truck Farms

·        Governmental Facilities Warehouses

·        Greenhouses

 

Email: David Vegter

 

 

 

For more information please Email: Tom Starkweather
Or feel free to call Voice: (989) 892-4463 Watts: (800) 305-8237 Fax:(989) 892-4758