Certified General Appraiser and Accredited Rural Appraiser
Email: dmalone@ipexneb.com
EDUCATION
Bachelor of Science Degree from the University of Nebraska – 1970
EMPLOYMENT
Affiliated with INVESTMENT PROPERTY EXCHANGE INC. 1988 to current. Manager Appraisal Department; Associate Real Estate Broker; Property Manager.
Assistant Vice President and Agricultural Loan Officer with FirsTier Bank Omaha at Fort Collins, Colorado, 1986-1988. Managed Colorado and Kansas loan portfolio of $12.5 million dollars; presented numerous client seminars.
Credit Analyst with Farm Credit Banks of Omaha, 1985-1986. Duties included review of credit applications, appraisals, and compliance to regulations.
Joined Norwest Bank Omaha in 1982 as agricultural loan officer at Omaha, Nebraska. Duties included managing agricultural loan portfolio and managing and liquidating bank owned agricultural properties. Participated in Senior Loan Committee to review all credit requests. Conducted departmental meetings and customer seminars.
Employed 1977-1982 as Area Loan Manager with Equitable Life Assurance Society in Kearney, Nebraska. Duties consisted of appraisal of real estate for loan purposes and loan negotiations. Led discussion groups on various aspects of lending and appraisal.
Seven years in seed corn sales with Dekalb AG Research at Mt. Vernon, Illinois and Funk Seeds International at Kearney, Nebraska. 1970-1977. Conducted sales training and product seminars for dealers and customers.
PROFESSIONAL ORGANIZATIONS
Nebraska Real Estate Broker’s License – License #880727
Nebraska Certified General Appraiser – License #920118
Hold Professional Membership in American Society of Farm Managers and Rural Appraisers
*Awarded the Accredited Rural Appraiser (ARA) designation in 1981
*Current with the requirements of the ASFMRA Continuing Education program
Member Buffalo County Board of REALTORS
Member National Association of REALTORS
Member National Association of REALTORS, Appraisal Section
PROFESSIONAL EDUCATION AND QUALIFICATIONS
American Society of Farm Managers and Rural Appraisers
Rural Appraisal School – 1978 Minerals Appraisal Seminar – 1980
Condemnation Appraisal – 1990 Advanced Rural Appraisal – 1990
Environmental Liabilities and Risk Management – 1992
Highest and Best Use Seminar -1994
Appraisal Report Writing – 1994 Environmental Site Assessment Seminar – 1995
Uniform Standards of Professional Appraisal Practice – 1995, 1999 ASFMRA Code of Ethics – 1995
Financial Statements 2000 Advanced Sales Confirmation & Analysis 2000 Yellow Book Seminar – 2008 Leadership Institute – 2004 Wind Energy Seminar – 2010
Realtors National Marketing Institute Fundamentals of Real Estate Investment and Taxation – 1981
Central Community College
Real Estate Practices and Principals – 1981 Attacking and Defending an Appraisal, 1997
How Many Approaches to Value are There?, 1998 Mock Hearing Process Roles and Responsibilities, 1998
What is the Market Telling Me? – 1999
American Institute of Real Estate Appraisers Center for Professional Betterment, Inc. Basic Evaluation Procedures – 1988 Tenants, Landlords & Leases – 1996 Standards of Professional Practice – 1989 Federal Regulations & Real Estate – 1996 Litigation Skills for the Appraiser – 1997
Randall School of Real Estate
Sales and Brokerage – 1988
Uniform Residential Appraisal Reports/Cash Equivalency – 1992
Larabee School of Real Estate:
Disclosures: What & When, 1998 NAR Ethics – 2004,2007 Avoiding Discrimination in Rentals – 2009 Agency Relationships in Real Estate – 2010 Buyer Agency 0233R – 2010
FIRREA Seminars:
FIRREA: Overview and Practical Applications – 1993
American Society of Appraisers
Rural Business Valuation Seminar – 1997
Nebraska Real Property Appraiser Board
USPAP Update – 1994 A New Look at Standards – 1997 Appraisal Review Training – 1998, 2001, 2003, 2007 C2098/C2099 – 2000 C2999 – 2009
The Moore Group USPAP Update – 2006, 2008, 2010 The FHA Appraiser Thriving and Surviving – 2010
International Right of Way Association Reviewing Appraisals in Eminent Domain – 2006 Easement Valuation – 2009
Other Seminars Selling A Business, Randy Langemeier – 1999 How to Prepare a Limited Summary Report – 1999
SPECIFIC APPRAISAL EXPERIENCE
APPRAISAL REPORTS: Banks, savings and loans, insurance companies, attorneys, State of Nebraska, Kearney Public Schools, Federal Deposit Insurance Corporation, Farmers Home Administration, railroads, and individuals. Completed and reviewed 1,200 appraisals of commercial, industrial, agricultural, and residential properties from 1988 through 1998.
EXPERT WITNESS TESTIMONY: U.S. District Court (Omaha, Nebraska), District Court (Madison County, Thayer County, Platte County, Nebraska), County Court (Buffalo County, Valley County, Dawson County, Hall County, Nebraska), and Bankruptcy Court (North Platte, Nebraska; Sioux City, Iowa).
EQUITABLE LIFE ASSURANCE SOCIETY: Completed over 300 appraisals of farms and ranches for lender underwriting purposes.
APPRAISAL REVIEWS: Nebraska Appraiser Board, governmental agencies, lenders, American Society of Farm Managers and Rural Appraisers
SPECIFIC MANAGEMENT EXPERIENCE
Managed single and multi-family residential properties. Managed agricultural crop land and rangeland. Managed commercial office building. Provided office management expertise to medical doctor’s office. Duties included negotiating leases, investing proceeds, overseeing construction and maintenance, and reporting to owners.
SPECIFIC BROKERAGE EXPERIENCE
Worked for buyers and sellers to negotiate and close sales of commercial, agricultural, and residential properties throughout Nebraska. Provided such services as pricing consultation, property searches, and financing consultations.
COMMUNITY ACTIVITIES
Member Evangelical Free Church
Kearney Noon Rotary Club, President 1998/99
Kearney Area Habitat for Humanity, President 1997-1998, Board of Directors 1994-1999
Buffalo County Extension Board, President 1998-2000
Member Kearney Area Chamber of Commerce