116 W Spruce St, Missoula, MT 59802

QUALIFICATIONS OF THOMAS G. STEVENS, MAI, SRA

P.O. BOX 8287 | MISSOULA, MONTANA 59807-8287

EXPERIENCE:

1971—1974

Vice-President, Pool Mortgage Company, Oklahoma City, Oklahoma.

Full-time appraisal experience in all types of residential, commercial, and special purpose properties.  Commercial loan production and placement, underwriting credit and analysis of commercial projects.  Supervision of residential and commercial financing.

May 1974—July 1976

Appraiser, Stillwater Savings & Loan Assn., Stillwater, Oklahoma.

Appraising all types of residential, commercial, and multi-family properties for the Association, or reviewing all appraisals for loan applications both from the home and branch offices.  Responsibilities also included origination and servicing of all construction loan activities for the Association.

July 1976—December 1977

Vice-President, Chief Appraiser, Loan Manager, Stillwater Savings and Loan Association, Stillwater, Oklahoma. 

Included Appraising or reviewing all appraisals on residential, commercial, and multi- family properties for the Association.  Also included all day-to-day supervision of the home office loan department and reviewing and underwriting all loan applications from both the home and branch offices, setting forth formal policies and procedures for the operation of the loan department.

December 1977—October 1978

Working under the supervision of C. Robert White, MAI, an independent real estate appraisal firm, appraising all types of residential, commercial, and special purpose properties throughout the State of Montana.  Missoula, Montana.

October 1978—August 1985

Formed the firm White-Stevens, Ltd., Missoula, Montana.

An independent real estate appraisal firm, appraising all types of residential, commercial, and special purpose properties throughout the State of Montana.  The principals in the firm were C. Robert White, MAI, and Thomas G. Stevens, MAI.

August 1985

Firm restructured under the name of Stevens, Stuckey & Co.

December 1992

Firm restructured under the name, Stevens & Co.

Present

Stevens & Co. is a full service, independent real estate appraisal firm serving clients throughout the State of Montana.

Stevens & Co.
P.O. Box 8287
Missoula, Montana 59807-8287

Telephone: 406-721-5454
[email protected]

 

EDUCATION:

University of Montana, 1966 – 1970

B.S. Business Administration/Economics


A.I.R.E.A. (Now Appraisal Institute) Courses

Basic Real Estate Appraisal Principles and Practices

Capitalization Theory and Techniques

Case Studies in Real Estate Evaluation (1980, 1989)

Litigation Valuation

Real Estate Investment Analysis

Advanced Income Capitalization

Valuation of Conservation Easements


Society of Real Estate Appraisers (Now Appraisal Institute)

Narrative Report – Writing Seminar, R-2 Examination


Mortgage Bankers Association of America

Course 1, Basic Principles

Course 2, Income Property Financing


Professional Memberships

Appraisal Institute – Awarded membership by earning the SRA Designation in 1979

Awarded membership by earning the MAI Designation in 1980

Certified General Appraiser – State of Montana with Certification #151

Current Seminars

Valuation of Buildings for Insurance Purposes

Highest and Best Use

Litigation Valuation

Feasibility, Market Analysis, Investment Timing & Option Value

Standards of Professional Practice

Computer Applications – Income Feasibility Studies

Professionals Guide to the URAR

Residential Sales Comparison Approach

The Appraiser as an Expert Witness

Appraising Convenience Stores

National USPAP Update

Appraisal Review – General

Litigation Skills for the Appraiser

Hotel/Motel Valuation and Investment Seminar

Environmental Considerations in Real Property Valuation

Understanding Limited Scope Appraisals

Appraisal Curriculum Overview

Partial Interest Valuation, Divided

Partial Interest Valuation, Undivided

Data Confirmation and Verification Methods

Uniform Standards for Federal Land Acquisitions

Effective Appraisal Writing

Subdivision Valuation

Appraising From Blueprints and Specifications

Business Practices and Ethics

Analyzing Commercial Lease Clauses

Condominium, Co-ops, and Planned Unit Developments

30 Specialized Appraisal Issues

Advanced Income Capitalization

Small Hotel/Motel Valuation

Appraisal of Wineries & Vineyards

The Appraiser as an Expert Witness

Appraisal Review – Commercial

The Valuation of Conservation Easements
Fundamentals of Separating Real Property, Personal Property and Intangible

Business Assets

 

EDUCATIONAL CERTIFICATION:

The Appraisal Institute conducts a voluntary program of continuing education for its designated members.  MAIs and SRAs who meet the minimum standards of this program are awarded periodic educational certification.  Thomas G. Stevens, MAI, SRA has completed the requirements under the continuing education program of the Appraisal Institute.

I received a Certificate of Completion for the Valuation of Conservation Easements certificate program December 28, 2010, as offered by the American Society of Appraisers, the American Society of Farm Managers and Rural Appraisers and the Appraisal Institute and endorsed by the Land Trust Alliance.  This certificate indicates that I have completed the Valuation of Conservation Easements educational requirements and passed the examination.

GENERAL:

1978

Elected to Residential Membership, American Institute of Real Estate Appraisers, receiving the RM Designation (Now Appraisal Institute).

1979

Elected as a Senior Residential Appraiser, Society of Real Estate Appraisers, receiving the SRA Designation (Now Appraisal Institute).

1980

Elected to Membership, American Institute of Real Estate Appraisers, receiving the MAI Designation (Now Appraisal Institute).

1982-83

Secretary-Treasurer, American Institute of Real Estate Appraisers, Chapter #50.

1992

Montana Certified General Real Property Appraiser, Certificate No. 151.

2011

Appointed by Governor Brian Schweitzer to a 3-year term on the State of Montana regulatory Board of Real Estate Appraisers.  Served as Chairman all three years.

2014

Re-Appointed by Governor Steve Bullock for an additional 3-year term on the State of Montana regulatory Board of Real Estate Appraisers. Served all three years as Chairman

2017

Re-Appointed by Governor Steve Bullock for an additional 3-year term on the State of Montana regulatory Board of Real Estate Appraisers. Served all three years as Chairman