Going Concern Valuation

for Real Estate Appraisers, Lenders, Assessors, and Eminent Domain

by L. Deane Wilson MA ASA & Robin G. Wilson



Book Details

Language : English
Publication Date : 2/9/2012

Format : E-Book
Dimensions : N/A
Page Count : 220
ISBN : 9781462065646
Format : Softcover
Dimensions : 6x9
Page Count : 220
ISBN : 9781462065639
Format : Hardcover
Dimensions : 6x9
Page Count : 220
ISBN : 9781462065653

About the Book

“Our purpose in writing this book is multifaceted. First, this book aims to present a clear understanding of going concern valuations, at the same time resolving the current misrepresentations surrounding the issue.

Additionally, this book offers a new set of rules readers can use to determine which property types qualify as going concern valuations and which do not.”

This book presents an understanding that in performing a Going Concern Valuation of properties which are perceived to have a business component, it may not be possible to segregate, allocate, or value the components individually.

“For example, when appraising the going concern value of a motel with occupancy of 75% it could be argued and possibly proven that there is a value that can be separated from the overall value, or going concern value, to the business component. On the other hand, however, appraising that same motel with only 40% occupancy presents a completely different set of circumstances that could easily draw completely opposite conclusions. It simply may be a lack of sufficient tools or data to argue and prove that the business component in fact has value separate from the real estate. To do so with authority is tantamount to ignorance or arrogance.”

About the Author

L. Deane Wilson, MA, ASA, is the founder of the Blackwell Group, a real estate appraisal firm with offices in California. He holds a bachelor’s degree in organizational leadership from Biola University, and he has a special major master’s degree in land use ethics from California State University. He has earned the Senior Real Property appraisal designation awarded by the American Society of Appraisers and teaches real estate courses throughout the world.