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Thomas Kirby, MAI, SRA
Las Vegas, NV
Thomas Kirby, MAI, SRA

Tom Kirby instructs for Basic Appraisal Procedures and the online 15-hour National USPAP Equivalent course, and has been engaged exclusively in the valuation of real property throughout the United States for the past 35 years. Since 1971, following three years active duty as Lieutenant U.S. Navy, Vietnam veteran, he has served in various capacities including independent fee appraiser, Vice President and Regional Manager of three national appraisal firms, and Chief Appraiser for a $2.7 billion financial institution, managing a 15 appraiser division. Testified as expert witness in real property valuations in District Courts of Harris County, Texas, Circuit Courts of the State of Florida, and Federal District Courts of Houston and San Antonio, Texas. Because of involvement in various computer systems, was appointed the first National Chairman of the Computer Applications Committee of the Society of Real Estate Appraisers.

Property types appraised: special purpose properties, major office buildings, multifamily residential, hotels, motels, marinas, mobile home parks, self-storage facilities, commercial buildings, all classes of shopping centers including regional malls, condominium apartments, condominium conversions and cooperative apartments, funeral homes, golf courses, hospitals, interval ownership conversions, medical clinics, nursing homes, surgery centers, health resorts, industrial buildings, warehouses, cold storage facilities, condominium recreation leases, restaurants, retail stores, vacant acreage, subsidized housing, self-serve and full service car washes, and others. Notable assignments include the 1980 appraisal of the World Trade Center.

Has conducted appraisals of leased fee, leasehold, and sub leasehold interests, mortgaged fee and leasehold interests, minority interests in trust agreements and closely held corporations, condemnation proceedings including partial takings with severance damage to the remainder, feasibility analysis, market studies, investment analysis, and aggregate demand analysis.

PROFESSIONAL MEMBERSHIPS Designated Member of the Appraisal Institute (MAI), Certificate #5563, designated November 1976; Senior Residential Appraiser (SRA), designated February 1975; 15 years service on AI Admission Committees, serving as 1994 Chair, Houston Chapter; Regional Professional Standards Panel; Formerly Group C General Experience Subcommittee; Appraisal Institute Faculty Instructor; Appraisal Qualifications Board (AQB) Certified USPAP Instructor

Prior to Unification - Senior Real Property Appraiser (SRPA), Society of Real Estate Appraisers; Designated 1975; Past President, Greater Ft. Lauderdale Chapter 1980, SREA Young Men's Council 1976; Demonstration Report Grader; Past National Chairman Computer Application Committee.

State Certified General Real Estate Appraiser, Certification TX-1320254-G EDUCATION

Bowling Green State University, BSBA-Finance, 1968; Beta Gamma Sigma Business Honorary Scholastic Society; National City Bank of Cleveland Scholarship Recipient.

Appraisal Education: All required and numerous elective courses, American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers; Numerous multi-day seminars and current Level II courses by the Appraisal Institute. Continuing Education requirements completed. APPRAISAL INSTRUCTOR Instructing appraisal courses since 1976, currently teaching up to 20 weeks per year: Basic Appraisal Principles Basic Appraisal Procedures Basic Income Capitalization National 7-Hour USPAP Course National 15-Hour USPAP Course Business Practices and Ethics Advanced Income Capitalization Advanced Applications Scope of Work: Expanding Your Range of Services Introduction to Income Capitalization Served as course development reviewer for the 7-Hour and 15-Hour online USPAP courses On-Line Instructor, Appraisal Institute 15-Hour USPAP Course Course Developer for Basic Appraisal Procedures On-Line, Appraisal Institute Appraisal Qualifications Board - AQB Certified USPAP Instructor Texas Real Estate Commission - Core and MCE courses in Real Estate Appraisal Society of Real Estate Appraisers - Prior to Unification: Principles of Real Property Appraising (Course 101); Principles of Income Property Appraising (Course 201) Formerly Adjunct Faculty - Florida Atlantic University, Florida International University, and Broward Community College, North Harris College having taught: Fundamentals of Real Estate Appraisal; Income Property Appraising; and Real Estate Investment Analysis PUBLISHED ARTICLES "Functional Obsolescence: The Nemesis of the Demonstration Report Writer", The Real Estate Appraiser & Analyst, Summer, 1981 "Appraisal of Time share Conversions", The Appraisal Journal, July, 1982 "The Valuation of Government Assisted Low and Moderate Income Housing", Real Estate Research Corporation, April, 1983 "Valuation Methodology for Subsidized Housing", Cushman & Wakefield Appraisal Division, February, 1984

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