Monday, July 5, 2010

You are a WHAT?

Noel came home the other day and he had a newspaper clipping on the counter. While I was finishing dinner I read the article on the counter. I was taken back at what the article stated. It stated that the appraisal firm that Noel works for is not really an appraisal firm but a lobbyist firm for industry. It called Noel's company a "fox in the hen house." It also stated that his company made more money then they really did on an account.

My first response was that I did not know that I was married to a lobbyist, and that he needed to ask for a raise if one county paid the appraisal firm $500,000 for their services.

I am no longer surprised at what is printed in the paper anymore. There is really no more journalism in the newspaper world when a paper can print an article and not check the facts. Now this article was written to the editor but apparently he did not check the facts before printing it. He thought that is was going to be a good bit of gossip on the county next to them. If you want to read the entire article you can find it here.

Now here are the facts:

The appraisal firm that Noel works for is hired by the county. They appraise property so that the county can send out tax bills like you get with personal property. They also go and defend that value if it is protested. They do not represent industry, those people are not called appraisers but agents.

For example: Lets say that Noel is in charge of appraising an oil refinery. He sets up an appointment with that company so that they can have their agent and their people there when he comes. He makes an appraisal of the company and sends the county that hired his firm what he thinks the value of the company is, now that value is not based on just what Noel thinks but what the property was valued last year and what changes to the company, industry, and economy has happened. The county sends the company a bill. Now 99.9% of the time the company does not agree with the value so they have their agent call Noel to try to lower the value. As Noel puts it "I am not a negotiator, I am an appraiser." If the agent can give Noel documentation and reasons why the company that the agent represents is lower in value then Noel looks at the information and talks to the county. If the value is not settled then Noel goes before a board and explains why he put that value on the company. Then then company can send their agent to explain to the board why they think the value should be lowered. The board makes a decision and then the agent has to talk to the company. Either they agree with the board or they have the option of suing the county.

That is why Noel travels is because he has to see the properties/companies and then he has to go and validate his value. I enjoy listening to all the drama and stupid reasons that people give for why they should not pay their tax bill. I am proud of my husband and the work that he does. He comes home and sleeps at night because he is an ethical and honest person in his personal and professional life.

I know that people have their opinions but when it tries to smear dirt on a company that has been family that is sad. I love Capital Appraisals and what they have meant for this family. We know the truth.

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