About SVI – Company Profile
Our practice at Southland Valuation, Inc. is primarily related to commercial and industrial properties. We appraise and review a wide variety of property types. Southland Valuation’s geographic area includes most of Southern California, including Los Angeles, Orange, Riverside, San Bernardino, Kern, San Luis Obispo, and San Diego Counties. Our clients include accountants, lawyers, insurance companies, and regional banks.
Our Mission
Southland Valuation’s mission is to provide comprehensive analytical services to reflect each client’s individual needs.
MAI Designation
Our managing partner, Thomas H. Lim resume attached,is among the limited number of real estate appraisers holding the MAI designation from the Appraisal Institue. The Appraisal Institute is the profession’s most prestigious national association. The Institute’s MAI designation is awarded to professionals who have completed a rigorous education, peer review and passed testing requirements relating to the valuation of all classes of commercial real estate.
Designated appraisers are required to have extensive training with 4,500 hours of specialized experience which exceed federally mandated state certification, licensing, and registration standards. In real estate appraising, there is little variance in fees and timing. However, the range in quality and professionalism can be vast. As a designated member of the Appraisal Institute, I have a commitment to advanced education, defined ethical requirements and higher expectations for the appraisal profession as a whole. Requirements and courses completed for the MAI designation from the Appraisal Institue are listed below:
Required Courses/Exams
Completed courses and examinations as required in Levels I and II. Some of the courses completed are as follow: ► Basic Appraisal Principles
► Basic Appraisal Procedures
► General Appraiser Income Approach/Part I
► General Appraiser Income Approach/Part II
► General Appraiser Sales Comparison Approach
► General Appraiser Site Valuation & Cost Approach
► General Market Analysis and Highest and Best Use
► General Appraiser Report Writing & Case Studies
► Advanced Income Capitalization
► General Market Analysis and Highest and Best Use
► Advanced Sales Comparison and Cost Approaches
► Report Writing and Valuation Analysis (Course & Exam required)
► Advanced Applications
Comprehensive Exam
Passed the Appraisal Institute’s General Comprehensive Examination.
Appraisal Experience
Received 4,500 hours of Specialized Experience
Demonstration Report
Receive credit for a demonstration appraisal report