QUALIFICATIONS OF APPRAISER
J.W. MCMORRIES, SR.

APPRAISAL EDUCATION:

Principles of Real Estate Appraisal
Legal Consideration in Appraisal
Practice of Real Estate Appraisal
Economic Principles
Farm & Land Appraisal
Sales Comparison Approach
Commercial-Investment Appraisal
Cost Approach
Writing the Narrative Appraisal Report
Income Approach
Marshall & Swift Residential Cost Seminar
Uniform Standard of Professional Appraisal  
Marshall & Swift Commercial Cost Seminar  
Practices (USPAP)
Use of Uniform Commercial & Industrial Report (UCIR)
Appraisal Standards & Ethics (USPAP)
Course 100, 210 & 310 - Texas Association of Assessing Officers
Highest and Best Use
Reviewing Complex Appraisal Reports (AACA)
Course 360 - State Property Tax Board
Building Construction Inspections (SBCCI)
Course 4.7 IFA (HUD Properties)
Small Hotel/Motel Valuation, Appraisal Institute
USPAP Update #101, Columbia Institute
Yellow Book 300/L #209
Practice of Condemnation Appraisal #209, Columbia Institute (Yellow Book)

APPRAISAL COURSES TAUGHT:

Residential Appraisal (Mass Concept) Frank Phillips College
Commercial Appraisal (Mass Concept) Frank Phillips College
Farm & Land Appraisal (Mass Concept) Frank Phillips College

EDUCATION:

Bachelor of Law-American Extension School of Law

EXPERIENCE:

49 years

PROFESSIONAL MEMBERSHIPS:

National Association of Independent Fee Appraisers (lifetime member)

CERTIFICATION:

State Certified General Real Estate Appraiser - Texas 1325125-G
State Certified General Real Estate Appraiser - Oklahoma 11671CGA

BUSINESS OWNERSHIP:

Owner, McMorries & Company, 1958-1985
Owner, United Appraisal Research, 1986-Present

SPECIALIZATION:

Hotels/Motels

From August 1989 thru December 1999 we appraised 381 Hotel/Motels_
  
   2007 110 hotel/motels
   2006: 98 hotel/motels
   2005:104 hotel/motels
   2004: 77 hotel/motels
   2003: 61 hotel/motels
   2002: 74 hotel/motels
   2001: 77 hotel/motels
   2000: 71 hotel/motels

References provided upon request.