QUALIFICATIONS

Richard F. Odom, Jr., MAI, SRA, AI-GRS

Professional Designations and Licenses

Appraisal Institute:

  • MAI Certificate # 7348 (April, 1986)
  • SRA Certificate # 1752 (March, 1983)
  • AI-GRS (General Review Specialist) Certification (September, 2014)
  • Licensed Real Estate Broker, State of South Carolina
  • South Carolina State Certified General Appraiser # 478
  • North Carolina State Certified General Appraiser # 3187

Appraisal Institute Service

South Carolina Chapter:

  • Officer/Director 1990-1995 and ex-officio member of the Board of Directors 1999-2002 (President, 1994);
  • Admissions Committee 1984-1990 (Chair, 1989-1990).

National:

  • Elected Chair of the National Committee of Regional Chairs, 2002 and was concurrently a member of the national Board of Directors and Executive Committee in 2002
  • Elected to national Board of Directors, 1999-2001 (Elected to Executive Committee, 2001)
  • General Appraiser Board, Region IX Member, 1996-1998
  • General Admissions Committee, Region IX Member, 1993 and 1995
  • General Demonstration Reports Subcommittee, 1987-1989

Employment History

  • July 21, 1981 to present – Self-employed as a fee appraiser, consultant and broker, Rock Hill, South Carolina
  • July 1978 to July 1981 – First Federal Savings and Loan Association of Rock Hill, Rock Hill, South Carolina, Staff Appraiser – Promoted to Chief Appraiser in April 1979
  • October 1977 to July 1978 – Broker for Albright Realty Company, Rock Hill, South Carolina

Education

BA Economics, Winthrop College, Rock Hill, South Carolina

Appraisal Institute courses as follows:

  • “Residential Valuation”
  • “Basic Appraisal Principles, Methods and Techniques”
  • “Capitalization Theory and Techniques”
  • “Case Studies in Real Estate Valuation”
  • “Valuation Analysis and Report Writing”
  • “Standards of Professional Practice”
  • “Market Analysis”
  • “Computer Assisted Investment Analysis”
  • “Industrial Valuation”
  • “Review Theory – General”

Appraisal Experience

Appraisals, Appraisal Reviews, Market Studies and/or Feasibility Studies have been conducted on the following property types –

Elderly and Child Care Centers:

  • Marinas (Coastal and Inland):
  • Nursing Homes Boat Dealerships
  • Assisted Living Dry Stack Storage
  • Independent Living Service Centers
  • Continuing Care Condominium Slips
  • Child Day Care

Office Properties:

  • Farms and Timberland: Office Buildings
  • Poultry Farms   (General, Medical and Governmental)
  • Cattle Farms Condominiums
  • Pine Plantations Business Parks
  • Hardwood Forests

Preservation Easements Residential Properties:

  • Single Family Detached
  • Historic Properties: Condominiums
  • Single Family Residences Apartment Complexes
  • Office Buildings Mobile Home Parks
  • Apartments Subdivisions (Conventional and Mobile
  • Plantations   Home)
  • Preservation Easements
Retail and Service Properties:

  • Industrial/Distribution/Storage: Shopping Centers
  • Manufacturing (light and heavy) Convenience Stores
  • Trucking Terminals Restaurants
  • Refrigerated Warehouses Hotels/Motels
  • Food Processing Plants Automobile Dealerships
  • Flexible Space Automotive Service Centers
  • Mini-Warehouses

Industrial Parks Special Purpose Properties:

  • Churches
  • Golf Courses
  • Bowling Centers

Court Testimony

Qualified as an expert witness in the following courts:

  • United States Bankruptcy Court for the District of South Carolina
  • United States Bankruptcy Court for the Western District of North Carolina
  • United States Bankruptcy Court for the Southern District of New York
  • Court of Common Pleas, York County, South Carolina
  • Master in Equity Court, York County, South Carolina

Geographic Areas of Experience

  • South Carolina
  • North Carolina
  • Georgia
  • Florida
  • Virginia
  • West Virginia
  • Texas

Professional Seminars Developed

Developed, wrote and presented the seminar “Lawyers and Appraisers” approved for four hours of Continuing Education credits by the Appraisal Institute and the South Carolina Appraiser Board.

Presented this seminar at a meeting of the South Carolina Chapter of the Appraisal Institute in Hilton Head, South Carolina October 2013.

Personal

Born, June 24, 1950.  Resident, Rock Hill, South Carolina (1971 to present).