Valuation | Consulting | Brokerage
Services
Launer & Associates primary focus areas are on commercial property, review, litigation support, eminent domain and estate, trust property valuations and brokerage.
Commercial Property
The principal appraiser has more than 37-years’ experience in appraising a wide variety of commercial, industrial and special-purpose properties. Property types include office buildings, retail properties, apartments/residential-income, land development property and subdivision analysis. Our service area includes all of Kern County, Inyo and Mono counties. We take pride in a reasonably priced fee with emphasis on quality, regulatory compliance and timeliness.
Review
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Our review service provides our lender clients with a tool to assess appraisal reliability reporting and appraisal management for commercial properties. The reviews serve as a check on the reasonableness and accuracy of the appraisal and to ensure that an appraisal complies with legal and regulatory requirements and/or any client specific requirements. The review process is comprehensive and can be tailored for specific requirements such as compliance or technical adequacy.
Eminent Domain
Launer & Associates principal appraiser Michael Launer has a strong background in Condemnation and Eminent Domain, a specialized appraisal discipline. He completed the course work and examinations in order be awarded the Certificate of Completion in the Appraisal Institute’s Litigation Certificate Program in 2009. Mr. Launer has provided appraisal reports for both condemning agencies and for private property owners.
Brokerage
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Michael Launer is licensed by the State of California as a Real Estate Broker (License No. 01900717). In addition to brokerage activities, certain non-appraisal valuation tools are available for clients. These include BPO (Broker Price Opinion) and BOV (Broker’s Opinion of Value). These services are quite similar but the result to the client is that they are presented with an independent opinion that can provide guidance for internal use. These opinions are usually incorporated in our consulting agreements.
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Litigation Support
Our firm has provided the legal profession with consultation services, valuation and related expert witness services for real property in litigation. Appraisal services for real estate are often used for taxation purposes, dissolutions/redistributions of partnerships, valuation of property with value dates in the past (retrospective valuation), construction defects, insurance disputes, matters of encroachment, estate settlements and many other issues that raise questions of value.
Estate & Trust
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​CPA’s, attorneys and trust administrators seek appraisals during the initial estate planning process to establish real estate value benchmarks from which depreciation, partnership valuation and other aspects of the estate can be planned. The appraisals are uses throughout the life of the estate in administrating and allocating assets owned or controlled by the estates. We are often called on to provide appraisals as of the date of death of the principals in estates for IRS reporting purposes. Appraisals prepared for IRS reporting have unique requirements that differ significantly from appraisals for other uses. It is important to retain appraisal firms that stay current with the IRS mandatory requirements.
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