Real Estate Tax Training

Errol Chung and Gary Nickolits - Palm Beach Property Appraiser

www.MyTaxRights.com

With 7 years of experience in the S. Florida Real Estate Market, we are teamed with some of  most influential people in real estate. With experience, professionalism, accuracy and the most up to date software in the  industry there is no better place to look to find the answers to your real estate related issues.

• Residential and Commercial Taxation
• Residential and Commercial Sale
• Residential and Commercial Appraisal

We have worked with:

County Property Appraisers: Monroe County Property Appraisers, Miami-Dade Property Appraisers Palm Beach Property Appraisers, Palm BeachProperty Appraisers,

Banks: SunTrust Banks, Wachovia, Prudential Life,

State Agencies: Florida Department of Transportation, Florida Power and Light

Professional Real Estate Experience

Broward County Property Appraisers Office

Errol Chung and Pedro Garcia Miami-Dade Property Appraiser

Commercial Income Analysis

• Defining past, current and future income potential of commercial properties using styles compliant with Uniform Standards of Appraisal Practice procedures and current market data
• Reviews validity of sales through researching recorded sales deeds, contracts, mortgages and other financing, business owners and Articles of Incorporation documentation and news article research.
• County representative for Value Adjustment Board Hearings in which I had to logically present  market data and trends to show true value for range of properties in the 2nd largest county in Florida.
• Property income analysis via data collection of published market analysis documentation: Coillers, University of Florida, Blacks Guide, CoStar Property Research Systems, etc…
• Commercial Property Research of various types to include:  retail single and multi-tenant, retail strip center out-parcels, warehouse and mega warehouses (over 500K sqft air conditioned),  retail shopping malls (anchored and non-anchored), multi story-free standing parking garages, and parking lots
• Cost analysis through Marshall & Swift Cost Estimator and personal networking with local contractor and commercial developers
• Expert use of MS Excel for data charting, analysis, and graphic reporting

Errol Chung and Seminole County Propery Appraiser David Johnson CFA ASA

Patrick J. Mikus and Associates

Commercial and Residential Property Researcher

• Performed research of single-family homes, apartments, condominiums, industrial developments, office, hotel/motel, bank branches/headquarters, automotive centers, and gas stations for the purpose of valuation including detailed time trend and price-per-square-foot calculations in accordance to USPAP guidelines.
• Analyzed Right-of-Way maps in conjunction with assisting in the value research of commercial easements.
• Compiled valuation information for residential, commercial, vacant lots and several multi-unit parcels for several appraisal firms in conjunction with inspectors, other appraisers and financial institutions.
• Worked directly with Florida Power and Light on easement research for 100+ parcels for light pole easement along major roadway in Ft. Lauderdale, Fl.
• Worked directly with Department of Transportation and Right of Way for condemnation research and valuation for eminent domain appraisals and court testimony.
• Familiar with new Aurora forms, old URAR forms and Narrative Reports.

Premier Mortgage Funding Inc.

Senior Loan Officer

• Responsible for managing Lead Resources; duties included researching, and management of human and technological resources regarding lead generation
• Secure promotional locations, public speakers, and create company brochures for recruiting events.
• Netted an average of $430,000 of new loan revenue for the company per month. Assisted in the launch of several new technology applications to assist brokers perform more efficiently.
  • Theses software applications include:
  • Encompas, which is used to manage the loan application and pipeline monitoring process;
  • POINT, the database component for Encompas;
• Created “Marketing Guide for Small to Medium Mortgage Firms.”

American Express, Financial Services

Business to Business Credit Analysis/Team Lead

• Resolved various emergency lending issues for American Express Business cardholders.
• Managed a variety of merchant relationship issues with High-Value clients (over $250,000 yearly spending).
• Perform financial adjustments and non-financial maintenance to ensure that the high expectation of American Express High-Value and Business customers are met.
• Facilitate team meetings and organize team events within our SE United Sates Directorate to discuss monthly team reports containing, attendance, sales performance, and customer quality reports.

Errol Chung’s Personal Real Estate Education

Florida A&M University                     Tallahassee, Fl., Graduated 2003

Bachelors Degree in Business Administration and Finance

Miami-Dade Community College                     Miami, Fl   Spring 2004

Real Estate Appraisal AB-1 (Registered Appraisal Trainee)

International Association of Assessing Officers Courses

Fundamentals of Real Estate Appraisals – Course 101

Income Approach to Value – Course 102

Appraisal of Land – Course 201

Assessment Administration – Course 400

Assessment of Personal Property – Course 500

USPAP 15-hr Ethics