Why would you want to select Lester Caplan as your
appraiser, over some other appraiser who might even charge less and get the
appraisal done faster?
Giftedness, Experience and Education
required because the appraisal process is a combination of both art &
science. The appraiser utilizes many
technological and mathematical tools.
However there is still a part of appraisal process that requires
subjective analysis of the market data. Simply stated the market data and
statistics gathered still need to be interpreted. This requires discernment and judgment. Each individual person is created with unique
aptitudes, personality and giftedness. My personal giftedness is a very strong
ability to discern and judge. I also have a very strong giftedness and ability
to teach. This discernment giftedness gives me the ability to interpret market
data and understand the motivations of buyers and sellers in the market and
accurately estimate what influences different property characteristics have on
market value. With my teaching ability
and giftedness I am able to transfer that information into a concise,
creditable report that is understandable to the reader.
something that there is no substation for. There is no short cut to
receiving experience. Useful
experience also requires a diversity of challenging experiences. I am the owner of American
Valuation Company and have been a Real Estate Appraiser since 1982. I now have
over 32 years of very diversified appraisal experience. There are very few appraisal experiences and
situations that I have not yet encountered.
I have trained dozens of other appraisers and still mentor several
appraisers, so I have the collective experience of the supervision of these
appraisers and the appraisal problems they encounter. I have a wide range of
experience which includes residential & commercial/industrial Real Estate
appraisal, review appraisal for several major lenders. Also I served as the contract chief appraiser
for two mortgage banks. I have much experience performing litigation appraisals
for court use and have been an expert witness and approved to give testimony in
Superior Court, Municipal Court, Family Court and Tax Court. I have property tax appeal experience and
represented property owners at over 90 property tax appeals where I appeared
before the County Tax Appeal Board.
Through the years I have serviced the Southern California Real Estate
Community and have been approved by over 300 direct funding lenders throughout
the USA. My appraisal work has been accepted by the most rigorous and demanding
lenders in the country. My reputation
among my peers and clients is that I am known for producing the highest quality
appraisals with the highest quality control ratings from several fee panel
management companies. My specialty is the appraisal of complex, high value
properties. Often I perform proposed construction appraisals of residential and
commercial/industrial Real Estate projects. There is almost no type of property
that I have not had experience appraising. My experience makes me the “go to”
appraiser of choice for the other Real Estate Professions and the Legal and Tax
requirements for the state certified general appraisal designation are very
extensive. There are four
levels of appraisal license. Trainee License, Licensed appraiser, Certified
Residential License and Certified General License. I am the owner of the American Valuation
Company and I have the highest level of appraisal license available. I am
a California State Certified General Appraiser, License number AG001751 and have
had the CA State Certified General Appraiser Designation since 1991 and was
among the first 100 people in the State of California to receive this highest
designation in the State. Lester Caplan is current on all continuing education
are the current requirements needed to obtain a CA State Certified General
Bachelor’s degree or higher (in any
from an accredited college or university.
300 Hours of college level specific appraisal
education covering 10 modules, including 15 hours National USPAP.
A minimum 3,000 hours supervised training by
a certified appraiser encompassing at least 30 months of acceptable experience.
At least 1,500 hours of the experience must be non-residential.
Pass the comprehensive Certified General
Completion of the above requirements a CA State Certified General appraiser is
qualified to perform all real estate appraisals without regard to property
type, transaction value or complexity.
After receiving the CA State Certified General Appraisal License the
Licensed appraiser must obtain 58 hours of approved college level appraisal
education every four years to maintain the license.