Shenehon Online: The Updated Site
Resources for Appraisal on the Web Can Help You
By: Scot A. Torkelson
Library
Our Web Site features an extensive library area which continues to grow. The most comprehensive offering to date is our newsletter, Valuation Viewpoint. Most of the articles are fully accessible in electronic form for your benefit. The site is searchable and represents some of the leading issues of appraisal practice.
Business Valuation
In this area, we include many of the basic principles of business valuation including a definition of market value for businesses, and a discussion of business valuation methodology. Another significant issue in the area of business valuation relates to minority and marketability discounts for partial ownership interests in a business. This basic discussion provides the client with a greater understanding of the business valuation process.
Real Estate Valuation
We also provide a section featuring real estate valuation. As in the business valuation area, we provide a definition of market value for real estate and a discussion of the three basic approaches to valuing real estate-the Cost Approach, Income Approach and Market Approach.
Consultation and Litigation Support
Our specialty in both business valuation and real estate valuation is in the area of consulting and litigation support. On our web page Shenehon provides a listing of "Courtroom Do's and Don'ts" that we have developed over the years. We cover many areas of the appraisal process from the engagement to the trial itself, with a special section on "Key Errors to Avoid," which is related to USPAP (Uniform Standards of Professional Appraisal Practice).
Why Do You Need an Appraisal?
Within the "Why Do You Need an Appraisal?" section, we provide a listing of possible reasons for an appraisal engagement. Note that the list is not exhaustive, and that the practice and industry are continually evolving.
Staff
We offer a complete listing of our appraisal staff on the Shenehon Company web site. Each of our appraisers can be reached at 612.333.6533.
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