Learn More about Real Estate Experts Referred by TASA

 

TASA ID: 26215 (Real Estate): Distinguished real estate professional with four decades of experience in the industry. Licensed as an agent in 1985 and broker in 1987, he brings unparalleled expertise in real estate law, ethics, and transactional evaluation. As a certified mediator, trainer, pre-licensing and CE instructor, the expert has a proven track record in educating new and experienced agents, while his extensive experience as an expert witness has made him a valuable asset to attorneys navigating complex real estate disputes in New Jersey, affirming his reputation as a leading expert in the field.

TASA ID: 796 (Foreclosure): Active Broker in Commercial & Residential Real Estate in Texas. Owner’s Representative in Construction Projects; Expert Witness for Consultation matters. Owner/Builder/Manager of: 22 major real estate projects since 1978, value $100,000,000+. Participant as owner/broker in: 1,000+ real estate closings, residential and commercial; 325+ commercial leases (over 1,000,000 s.f.); and 50+ major construction/permanent loan closings.

TASA ID: 2845 (Foreclosure): Managing Partner of company. Served as President and CEO of three mortgage companies. Known as an innovator in the mortgage capital markets. Served on the advisory boards of Fannie Mae and Freddie Mac, as an instructor for the MBA, and as lead advisor to the RTC. Authored articles in trade and research journals. Representing his prior companies, has testified in depositions before numerous regulatory agencies including the SEC, OTS and RTC.

TASA ID: 1459 (Foreclosure): Pres. of full service brokerage and special assets firms. Have built, sold, financed, rehabbed, leased, and managed and acted as a receiver in several court jurisdictions, for over $5.0 Billion in real estate assets since 1956 in many states, The Bahamas, and Canada. Presented seminars on all aspects of real estate investment and management. Conducted specialized real estate training for many corporate clients throughout North America. Litigation support and testimony involving real estate.

TASA ID: 3767 (Real Estate): Commercial real estate consultant and appraiser, REIT analyst, non-public, private REIT analyst. MAI appraiser, CFA Chartered Financial Analyst. Hotel, nursing home, assisted living, and senior housing appraisal.

Expertise in commercial real estate valuation, market studies, feasibility studies, REIT valuation, MAI appraiser, health facility appraiser.

TASA ID: 2852 (Real Estate): Teaches real estate and business at the university level. Has written several academic papers and articles.Is also a real estate broker and Accredited Valuation Analyst.Arbitrator, litigation support and consulting in Real Estate Standards of Practice and Ethics. Agent standard of care, business interruption & lost profit analysis, economic damages, economic impact analysis.

   

Why TASA for Real Estate Expert Witnesses?

When you first contact TASA for a real estate expert witness, we will discuss with you the location, time frame, experience and real estate expert witness credentials you need, helping you to define and refine your criteria if necessary. TASA referral advisors will then provide names of relevant real estate expert witnesses, forward resumes, and help arrange your initial phone interviews with the candidates you select. This saves you valuable time and helps provide real estate expert witnesses ready to discuss your case. We later contact you to determine if you require someone other than the experts we first refer. Most referrals are made within 24 business hours of your request. There is no charge for expert referrals unless you designate or engage an expert we refer to you. For timesaving, cost-effective referrals to the best real estate expert witnesses, contact us by online request form, email or phone.

What is the Importance of an Expert Witness in a Real Estate Case?

An expert witness plays a crucial role in real estate cases by providing specialized knowledge and objective opinions that can significantly influence the outcome of the case. Here are some key reasons why an expert witness is important in a real estate case:

1. Specialized Knowledge and Expertise

Qualifications: Expert witnesses in real estate typically have extensive experience and credentials in areas such as property valuation, real estate law, land use, construction, or environmental impact.

Technical Insight: They offer technical insights that are beyond the understanding of a layperson, helping to clarify complex real estate issues.

2. Objective and Unbiased Opinions

Credibility: Their impartiality enhances the credibility of the information presented in court.

Neutral Perspective: As they are not directly involved in the dispute, their analysis is perceived as more trustworthy by judges and juries.

3. Clarification of Complex Issues

Simplifying Jargon: Real estate transactions and disputes often involve technical jargon and intricate details. Expert witnesses can break down this information into understandable terms.

Detailed Explanations: They provide thorough explanations of technical concepts, ensuring that all parties, including the court, fully understand the nuances of the case.

4. Evidence and Testimony

Substantiating Claims: Expert witnesses can present evidence and testify to support or refute claims made by either party in the dispute.

Document Analysis: They review and interpret documents such as appraisals, contracts, zoning regulations, and building codes to provide informed opinions.

5. Valuation and Damages

Accurate Valuation: In cases involving property valuation, an expert witness can provide an accurate assessment of the property's value, which is crucial for determining damages or compensation.

Calculating Damages: They help in calculating damages by considering factors like lost profits, repair costs, and depreciation.

6. Supporting Legal Arguments

Legal Strategy: Attorneys rely on expert witnesses to bolster their legal arguments with factual and expert-based evidence.

Cross-Examination: They can also assist in cross-examining the opposing party's expert witnesses by highlighting inconsistencies or errors in their analysis.

7. Influencing Settlements

Pre-Trial Settlement: The involvement of an expert witness can encourage parties to settle before going to trial, as their expert opinions can provide a clear picture of the likely outcome.

Negotiation Leverage: Their testimony can be used as leverage in settlement negotiations, often leading to more favorable terms for the party with the stronger expert support.

Expert witnesses are indispensable in real estate cases due to their ability to provide specialized, unbiased, and comprehensive analyses. Their contributions help to clarify complex issues, substantiate claims, accurately assess valuations and damages, and ultimately influence the resolution of the case, whether through settlement or trial.

What Makes a Good Real Estate Expert Witness?

A good real estate expert witness possesses a combination of professional qualifications, experience, communication skills, and personal attributes that make their testimony credible and persuasive. Here are the key characteristics that make a good real estate expert witness:

1. Professional Qualifications

• Education: A strong educational background in real estate, finance, law, or a related field is essential.
• Certifications: Relevant certifications such as MAI (Member of the Appraisal Institute), RICS (Royal Institution of Chartered Surveyors), or other professional designations enhance credibility.

2. Extensive Experience

• Practical Experience: Years of hands-on experience in real estate transactions, appraisals, development, or property management are critical.
• Case Experience: Prior experience as an expert witness in similar cases can provide valuable insights and demonstrate reliability.

3. In-Depth Knowledge

• Specialization: Expertise in specific areas such as property valuation, zoning laws, land use, construction, or environmental impact.
• Up-to-Date Information: Keeping current with the latest trends, laws, and regulations in the real estate industry.

4. Analytical Skills

• Attention to Detail: Ability to scrutinize documents, identify relevant data, and uncover critical details.
• Critical Thinking: Capability to analyze complex issues, draw logical conclusions, and present well-founded opinions.

5. Effective Communication Skills

• Clarity: Ability to explain technical concepts in simple, understandable terms.
• Articulation: Proficient in both written and oral communication, able to present reports and testify clearly and confidently.
• Persuasiveness: Skilled in delivering testimony in a compelling manner that can persuade judges and juries.

6. Impartiality and Objectivity

• Unbiased Opinions: Providing objective analysis without favoring either party in the dispute.
• Ethical Standards: Adhering to high ethical standards, ensuring honesty and integrity in all evaluations and testimonies.

7. Reputation and Credibility

• Professional Standing: A strong reputation in the real estate community enhances the expert's credibility.
• Peer Recognition: Recognition from peers through awards, publications, or leadership roles in professional organizations.

8. Preparation and Diligence

• Thoroughness: Meticulously reviewing all relevant documents and evidence related to the case.
• Preparation for Testimony: Practicing and refining testimony to ensure clarity and confidence during cross-examination.

9. Adaptability

• Versatility: Ability to handle a variety of real estate-related issues and adapt to the specific needs of each case.
• Responsiveness: Quick and efficient in responding to questions and challenges during the legal process.

10. Collaborative Spirit

• Team Player: Working effectively with legal teams to ensure that the expert’s testimony aligns with the overall strategy of the case.
• Openness to Feedback: Willingness to receive and incorporate feedback from attorneys and other experts.

A good real estate expert witness combines in-depth knowledge, extensive experience, and strong communication skills with a reputation for impartiality and ethical standards. Their ability to present clear, objective, and persuasive testimony can be pivotal in the resolution of real estate disputes.