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News:
Finance
Posted: March 13, 2008
Douglas Nickerson President Nickerson Financial Corp.
Name: Douglas Nickerson
Title: President
Company: Nickerson Financial Corporation
Location: 265 Scraggy Neck Rd., Cataumet, Mass.
Birthplace and year: Arlington, Mass., 1960
Family: Wife, Wendy; 5 children, 1 foster child
College: University of Maine, BS, Business; Bentley College, MFS
First job in finance or allied field: Baybank, branch manager
What do you do now and what are you planning for the future? We are a commercial mortgage brokerage firm getting ready to celebrate 20 years in business.
Hobbies: Fishing, boating, coaching soccer
Favorite book: Anything by Stephen King
Favorite movie: "The Outlaw Josey Wales"
Person you admire most (outside of real estate): Ronald Reagan
Key to success: Provide exceptional service to our clients.
If you had to choose another vocation what would it be? Charter boat fishing captain
Tags:
Finance
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Quick Hits
Columns and Thought Leadership
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.
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
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.
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
