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News:
Finance
Posted: April 9, 2008
Bruce Wiley President Akerson & Wiley, Inc.
Name: Bruce Wiley
Title: President
Company: Akerson & Wiley, Inc.
Location: 85 Parker Rd., Wellesley, MA 02482
Birthplace and year: St. Louis, Mo., 1949
Family: Wife, Miryam; daughters: Katherine and Andrea
College: Bradley University, BA, Philosophy
First job outside of appraisal: Real estate sales, commercial, National Realty
First job in real estate or allied field: Appraiser for Bowes & Co.
What do you do now and what are you planning for the future? Developed specialties in bank compliance; appraising schools, churches and other non-profit real estate.
Hobbies: Golf, travel
Favorite book: "The Discoverers" by Daniel Boorstin
Favorite movie: "Lawrence of Arabia"
Person you admire most (outside of family): Harry Truman
Keys to success: Sincerity and service
If you had to choose another vocation what would it be? Actor
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Columns and Thought Leadership
Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer
Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Are appraisers on the same page as the assessor? - by Richard Seman
The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.
The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski
Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
