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FREQUENTLY
ASKED QUESTIONS
- What is The Appraisers Research Foundation (TARF)?
The Appraisers Research Foundation is a 501 c 6 not-for-profit foundation.
The foundation's purpose is to provide grants for research benefiting
all of the disciplines of the appraisal profession.
- What is TARF's mission?
To facilitate the research, testing and report development
of new methodologies, techniques or procedures to best serve the publics
who use, own or control property interests. The foundation intends
to facilitate the activity of this mission statement through grants
and loans, for the benefit of the appraisal profession and the public.
- What topics are TARF interested in funding?
- Any valuation issues.
- Alternative uses of contaminated properties.
- Valuation of food processing and distribution facilities.
- Analyzing and appraising mini-warehouses.
- Supported allocation of value components of properties that
include real estate, personalty and business value.
- Using public record data in appraisal services - approved
for research
- Peculiarities of church valuations, their sales, conversions
and the applicable approaches to value.
- Interpretation of GIS and other technology with most efficient
use of Internet research for specific property types.
- Water rights and their impact on irrigated farmlands.
- Impact of conservation easements on contiguous and surrounding
property.
- Recognizing false or bogus data - approved for research.
- Non-market supported sales.
- Trends in housing designs and demands.
- Conversion of big box properties.
- Changing consumer trends and the impact on property use and
value.
- Provenance issues resulting from Internet sales of fine arts.
- Contemporary issues in business, personal property and real
estate valuation.
- What is the typical level of grants received from TARF?
The amount of the grant is dependent upon the amount of research required
in the grant request. Grants have ranged from $2,500 to $15,000, however,
significantly larger dollar amounts are available for qualifying research.
- Who owns my research material?
The author(s) own their research and associated materials.
- What is the benefit to TARF for making grants?
TARF exists to foster research that benefits the appraisal profession.
TARF requires a notation in the published research material that TARF
provided part of the funding for the research.
- Does TARF publish the research?
TARF's website (www.appraiserresearch.org) links to the researcher.
- Is there a letter of agreement?
TARF and the researcher will enter into a letter of agreement which
identifies the expectations and responsibilities of each party.
- When are grant funds distributed?
Grant funds are distributed as determined by the time frames identified
in the grant letter of agreement.
- Who is qualified to receive a grant?
Grants can be provided to individuals, professional organizations,
colleges, universities, corporations, etc. The researcher's ability
to accomplish the research, provide analysis and communicate it to
the appraisal community are among the criteria used to award grants.
- Where do you provide grants?
Grants can be provided anywhere in the world. The following is a list
of grants recently funded.
Manuscript Competition 2000-2002 Union Panamericana De Asociaiones
De Valuacion (UPAV)
Research and seminar development of Critical Factors in Hotel and
Restaurant Feasibility by Bill Way, Assistant Professor, Department
of Hospitality and Tourism, P.O. Box 790, Menomonee, WI 54751-0790,
University of Wisconsin-Stout. 715-232-1276 office.
Research into the development of a paper that guides appraisers in
the identification of mold and the impact of mold on the valuation
of residential structures. Contact Rudy R. Robinson, III, MAI, Appraiser/Consultant,
Austin Valuation Consultants, Inc. 3811 Bee Cave Road, Suite 210,
Austin, Texas. 78746-6459, 512-328-8122; Fax 512-328-6846.
Co-funded a monograph of "Real Estate Issues and Indigenous Peoples."
Research being conducted by the American Real Estate Society (ARES).
Contact Cleveland State University, James R. Webb, Professor, Director
of the Real Estate Center and Director of Development for the American
Real Estate Society, 2121 Euclid Avenue, Cleveland, Ohio 44115-2214.
http://www.aresnet.org, 216-687-4732; Fax 216-687-9331.
Research into the development of a paper and seminar, which guides
appraisers in the Identification of False or Bogus Data, Using Public
Record Data in Appraisal Services and the Efficient Use of Internet
Data. Contact Donald R. Epley Ph.D., CCIM, MAI, Lyon Distinguished
Professor, Real Estate Program, Washington State University-Spokane,
534 Trent Avenue, PO Box 1495, Spokane, WA 99210-1495. 509-358-7775;
Fax 509-358-7505
Research, software development and publication of a booklet entitled
"Appraising in the New Millennium, Scope of Work and Due Diligence".
Contact David Braun, MAI, SRA, Braun & Associates, Inc., 215 Ellis
Avenue, Maryville, TN 37804. 865-977-4404; Fax 865-982-2999.
Research of Commercial Real Estate and Environmental Contamination.
Contact Thomas O. Jackson, Ph.D., MAI, CRE, Real Property Analytics,
Inc. 4805 Spearman Drive, College Station, TX 77845-4412. 979-690-1755,
Fax 979-690-1750.
- What happens to my research?
The researcher owns the results of the research. TARF expects that
the researcher will make the research available to the appraisal community.
- What is the meaning of "to benefit the appraisal community?"
TARF funds research that enables appraisers to be more professional
in providing appraisal services.
- What does TARF expect as a product of the research?
TARF expects the researcher to provide a coherent document that allows
the reader to understand the concepts, analysis and conclusions of
the research. We encourage the researcher to develop a seminar, which
provides the results of the research to the appraisal community.
- Is the researcher required to present the seminar?
The seminar material can be presented by others than the researcher.
- Do I have to belong to a professional appraisal organization to
get a grant?
Professional appraisal organization membership is not a criterion
in the grant analysis process.
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