About Us...

-Gordon Appraisals Services-

Who We Are and What We Have to Offer...

    Gordon Appraisal Services is a small company that uses maximum effort to develop an accurate value which makes us proud of every report we hand in, all while understanding that we work for you, the client. By definition, an appraisal is an estimation of property value based upon recent sales, called comprables, of similar properties in the immediate area. An appraiser gathers and analyzes information to develop such estimates. In New Jersey the state's Real Estate Appraiser's Board licenses all appraisers, which ensures that they have been properly trained and certified. Gordon Appraisals is licensed & state certified, which enables us to appraise residences with estimated values above and below $1 Million. Mark is qualified to do all of the following types of appraisals:

Single Family

Multi Family

FHA/HUD


 

-WE ARE LICENSED AND STATE CERTIFIED-

 


 

What Makes a Good Appraiser?

This is the majority of a list created by 'APPRAISAL TODAY' of key traits of a good Appraiser. We will honestly say, though we disagree with one trait, and will briefly explain, that this is a description of Mark Gordon, owner of Gordon Appraisals.

"CHARACTERISTICS OF A GOOD APPRAISER"
    By APPRAISAL TODAY-
1.Personal and professional integrity.
2.Has a career, not just a job
3.Objective, can overlook personal biases.
4.Talented. Is able to take conflicting information and pieces of a puzzle, and make a reconciliation. Get "hunches" that something isn't quite right, and are able to find out what's really happening (or at least make a very good effort to find out).
5.Doesn't use a "cookbook" or pull out a form, previous appraisal, seminar notebook, or textbook and fills in the numbers without considering if it is the best approach
6.Very good interviewer, able to get people to talk
7.Talks with commercial tenants to find out about their businesses, information on the subject property, why they are leasing that space, etc. Requires signed leases and likes to get estoppel certificates
8.Independent, but not too independent to ask for help or advice
9.Knows when he or she has gotten in "over her head" and asks for help or declines the assignment
10.Listens when someone at a party starts talking about a deal, local politics affecting real estate, etc.
11.Curious and wants to find out the real story. Asks questions.
12.Looks beyond the comps. Analyzes and considers the current and future markets, not just the past (comps).
13.Not a perfectionist or over-analyzer. Realizes no appraisal report is perfect. There is always another piece of information that could be obtained. Knows when to stop obsessing and get the report out the door.
14.Wants to figure out what a property is worth, not just whether it has enough equity to qualify for a loan.
Can get "out of the box." Flexible, willing to try new ways of analyzing, researching, or reporting.
     We are going to have to disagree with #13. We will work as hard as we can to find every piece of information available to us and NEVER hand in a report knowing we have left anything out. The statement, "No appraisal is perfect", is true in the sense that two different appraisers, appraising the same property, may arrive at two different values with both being correct.

What you must do is USE AN APPRAISER THAT YOU CAN TRUST!
"A good Appraiser has nothing to hide."
 

 

Our Credentials...

    An Appraiser's Credentials are extremely important, as with any profession, but an appraiser's credentials are built over a history and the current clients can say a whole lot. Here are some Real Estate Organizations and lending institutions that support Gordon Appraisals and links to their sites:

‘BOARD OF REALTORS’ DIRECTORY:

http://www.libertybrd.org/FindAffiliate/ListOfAffiliates.asp 

NJ REALTORS.COM (AFFILIATE):

http://www.njrealtor.com/content/affiliates/appraisers.htm