Qualifications for Real Estate Appraising and Consulting
Greg T. Colton, IFA
6917 Groveton Drive
Clinton, MD 20735
301-868-6080 (office)
301-868-6211 (fax)
greg.colton@coltonappraisals.com
Licenses, Designations and Associations:
Maryland State – Certified Residential Appraiser #3007942
Commonwealth of Virginia – Certified Residential Appraiser #4001-013133
District of Columbia – Certified Residential Appraiser #CR11341
National Association of Independent Fee Appraisers (IFA) – Designated
Member – Maryland Association of Appraisers (MAA)
Maryland State – Licensed Associated Broker #83710
Approved HUD Lender Select Appraiser, MD #03-7942
CRS – Certified Residential Specialist #8488
GRI – Graduated of Realtors Institute
Member National, Maryland & Prince George’s Associations of Realtors
Member Maryland/DC CRS Chapter
Education:
Maryland Association of Realtors – Education Division
Basics of Appraisal (15 Hours)
Real Estate Analysis (15 Hours)
Sales Comparison Approach (15 Hours)
Cost and Income Approaches (15 Hours)
Appraisal Standards and Ethics (15 Hours)
Realtors Institute of Maryland
Graduate of Courses I, II, III, IV (48 Hours)
Course topics included Financing, Legal Aspects of
Real Estate, Appraising, Property Management, Land
Planning & Development and Expense Analysis
Realtors National Marketing Institute – Education Division
Graduate of Courses I, II, III (48 Hours)
Course topics included Listing and Selling Residential Property,
Property Analysis and Valuation, and Time Management
Prince Georges Community College
Residential Real Estate Appraising – Course IV (30 Hours)
Real Estate Principals for Salesperson (45 Hours)
Real Estate Mathematics and Financing (12 Hours)
Stated courses do not reflect continuing education in accordance with licensure and Appraisal Foundation guidelines.
Appraisal Work Experience
Company Address Phone
Colton Appraisal Group 6917 Groveton Drive 301-868-6080
Clinton, Maryland 20735
Position: Fee Appraiser/President From: 2/97 To: Present
Company Address Phone
Banner-Williams Appraisers 6401 Old Branch Avenue 301-449-4000
Clinton, Maryland 20735
Position: Fee Appraiser From: 11/92 To: 2/97
Company Address Phone
Remax Professionals 9500 Annapolis Road, Suite B-3 301-577-8080
Lanham, MD 20706
Position: Associate Broker/Fee Appraiser From: 1/85 To: 11/92
Appraisal, Property Valuation and Related Experience
Greg has personally appraised thousands of residential properties of various types since commencing appraising full time in 1992. Assignments have consisted of appraisals for the purpose of government & conventional financing, equity financing, estates, divorce, bankruptcy, relocation, market valuations, court expert witness assignments and REO/foreclosures. These appraisals have included the appraisal of existing homes, multi-family homes and small income producing properties, new homes per plans and specifications, waterfront properties, estate homes and lots and acreage. Greg’s prior experience in the sale of over 300 homes of various types and circumstances, his involvement in home construction and rehabilitation, investment in and management of many investment properties and involvement in land development and rezoning pertaining to several local parcels, have all contributed to his thorough and in-depth knowledge of property appraising, valuation and consultation. This experience is the foundation on which he is currently able to perform accurate, competent and timely appraisals within all industry standard, special and USPAP guidelines.
In early 2007, Colton Appraisal Group became the Area Development Office (ADO) for Zaio Corporation in the Maryland counties of Prince George’s, Anne Arundel, Charles, Calvert and St. Mary’s. Greg has acquired 12 zones through Zaio and is the specialized Zone Appraiser for the areas of Clinton, Fort Washington, Temple Hills, Suitland, Capitol Heights, District Heights, Forestville, Brandywine, Accokeek, Bryans Road, Waldorf and White Plains in Maryland. This project has transferred to a US based company, Zone Data Systems (ZDS). Greg has continued to develop site photographed and inspected automated valuation products utilizing the proprietary Valytics software and has become the “hands down” local expert in these market areas. For more information on the Zaio Project, please visit: www.zaio.com.
Continuing Education
Greg aggressively pursues excellence in the appraisal profession through continuing education. At all times, Greg maintains current standing in continuing education requirements as promulgated by the Department of Licensing and Regulation for each State, Commonwealth or District in which he is Certified as well as the high standards set forth by the National Association of Independent Fee Appraisers of which Greg is a designated member.
Individual references and evidence of current E & O Insurance coverage are available upon request. Areas of coverage and fee schedule are available at www.coltonappraisals.com.