QUALIFICATIONS - JOE R. PRICE, MAI, SRA, CRE

Joe Price has been active in real estate since 1954. He co-founded Callaway & Price, Inc., a national real estate appraising and consulting firm, in 1972.

Joe holds the MAI designation, the highest commercial designation awarded by the Appraisal Institute. He also holds the SRA designation, the highest residential designation awarded by the Appraisal Institute, and the CRE designation awarded by the American Society of Real Estate Counselors. He is a registered real estate broker, State of Florida, and a Florida State-Certified General Appraiser (Certificate #RZ555).

His real estate appraising and consulting expertise includes, but is not limited to, historic properties; industrial; commercial; shopping centers; condominium projects; subdivisions; golf course communities; landmark properties; and vacant land. He is qualified as an Expert Witness in Duval, Martin, Palm Beach, Broward and Dade Counties in Florida, as well as courts in New Jersey, California and Wisconsin.

Joe is an Appraisal Institute approved instructor and is rated by his students as one of the top instructors in the nation. He has been teaching real estate appraisal courses and seminars throughout the United States for more than 20 years. He has also authored and coauthored several published articles dealing with the appraisal and value impact of highly specialized properties.

He attended North Georgia University and the University of Florida, and has completed numerous courses with the Appraisal Institute and its forerunners, the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers.

Joe's professional affiliations include the Appraisal Institute, the American Society of Real Estate Counselors, American Arbitration Association, and National Association of Realtors. He is a past president of Palm Beach Chapter #200 of the Society of Real Estate Appraisers and South Florida Chapter #24 of the American Institute of Real Estate Appraisers. Joe was a member of the American lnstitute's Governing Council from 1987 through 1989. He was also on the Appraisal Institute's Board of Directors in 1991 and 1992, and served as Region X (Florida-Caribbean) Chairman.

Over the years, Joe has earned several awards from the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers for his dedication and hard work in the advancement of the appraisal profession.

Professional Designations\Licenses\Certifications

• Member, Appraisal Institute, MAI Designation #5371 and SRA Designation
  
• Society of Real Estate Appraisers, with SRPA Designation
  
• Florida State?Certified General Real Estate Appraiser RZ555
  
• State of Florida Real Estate Broker BK0070786
  
• Appraisal Institute Approved Instructor for:
  
  • Appraisal Procedures
    
  • Standards of Professional Practice, Part A (USPAP)
    
  • Standards of Professional Practice, Part B
    
  • Standards of Professional Practice, Part C
    

Professional Experience

• Appraisal Consultant, Callaway & Price, Inc., since April 1995
  
• Principal, Callaway & Price, Inc., February 1972 to March 1995
  
• Independent Fee Appraiser, 1966 - 1972
  
• Staff Appraiser, Statewide Appraisal Services, Inc., September 1961 - January 1966
  

Qualified As An Expert Witness

• Broward County, Florida
  
• Palm Beach County, Florida
  
• Martin County, Florida
  
• Duval County, Florida
  
• Los Angeles County, California
  
• Winnebago County, Wisconsin
  
• Morris County, New Jersey
  
• Santa Fe County, New Mexico
  

Geographic Experience

	Florida	Georgia
	North Carolina	South Carolina
	Mississippi	Tennessee
	Illinois	New Mexico
	Pennsylvania

Education

• Attended North Georgia College and University of Florida
  
• Society of Real Estate Appraisers:
  
  • Apartment Appraising
    
  • Course 201 ? Principles of Income Property Appraising
    
• American Institute of Real Estate Appraisers:
  
  • Course 1 (by examination) ? Basic Principles
    
  • Course 1?B ? Capitalization Theory
    
  • Course VI ? Investment Analysis
    
  • Course IV ? Condemnation
    
  • EDUCARE Course A ? Investment Analysis
    
  • EDUCARE Course B ? Market Data Analysis
    
• Society of Real Estate Appraisers - continued
  
  • Course ? Standards of Professional Practice
    
• Society of Real Estate Appraisers R?41c Seminar
  
• Appraisal Institute:
  
  • Revisitation of Use Concepts Panel
    
  • Market Value Revisited (Panel Discussion)
    
  • Overview of Recent Changes to Standards
    
  • Ethics and Counseling Training Session
    

Teaching Experience

• Appraisal Principles
  
• Appraisal Procedures
  
• Basic Income Capitalization
  
• Standards of Professional Practice, Part A (USPAP)
  
• Standards of Professional Practice, Part B
  
• The Valuation Process As It Applies To Commercial Properties (Customized Seminar by Callaway & Price, Inc.)
  
• Revised Reporting Requirements (Customized Seminar by Callaway & Price, Inc. )

Published Articles

• "Professional Standards USPAP Update Core Law for Appraisers", Second Edition, 1996
  
• "Professional Standards USPAP Update Core Law for Appraisers", co-authored with
  Michael A. McGarry, MAI, SRA 1992
  
• "The Valuation Process: Customized for the Commercial Lender", co?authored with Daniel L. McCown, MAI, SRPA 1991
  
• "The Impact of Solid Waste Management Facilities on Surrounding Real Estate Values",
• Proceedings from the Technical Sessions of the GRCDA 25th Annual International
  
• Seminar, Equipment, Services, and Systems Show, August 1987
  
• "Guidelines for the Appraisal of Historic Properties", October 1986 Right?of?Way
  

Organizations and Affiliations

• Appraisal Institute:
  
  • Region X (State of Florida and Caribbean), Past Chairman,
    
  • Board of Directors, Past Member
    
• Society of Real Estate Appraisers:
  
  • Palm Beach Chapter No. 200, Past President
    
• American Institute of Real Estate Appraisers:
  
  • South Florida?Caribbean Chapter No. 24, Past President