Jim Rothermich Awarded MAI Designation
BCC Advisers affiliate, Iowa Appraisal and Research Corporation, is pleased to announce that Jim Rothermich has been awarded the Appraisal Institute’s prestigious MAI membership designation. The designation is held by appraisers who are experienced in the valuation and evaluation of commercial, industrial, residential and other types of properties, and who advise clients on real estate investment decisions.
By earning the MAI designation, Rothermich has joined an elite group of appraisers who have met rigorous requirements relating to education, testing, experience and demonstration of knowledge, understanding and ability.
The MAI designation is earned upon the successful completion of a graduate-level curriculum, which includes a comprehensive exam, a written demonstration appraisal report and attaining 4,500 hours of qualifying experience requirements. MAIs are recognized experts in appraising properties of all kinds and form a business network encompassing markets nationwide and in Canada.
Rothermich brings nearly three decades of experience in the fields of agricultural economics, farm production, land appraisals and real estate sales to the firm, specializing in the valuation of farmland and farm related improvements such as complex agribusiness properties, production agriculture properties, dairy farms, swine confinements, crop farms with grain facilities, cattle feedlots, and pork processing facilities, in addition to commercial and industrial properties. His industry experience is vast, having worked in hog production with Smithfield Foods in North Carolina and Missouri, grain elevator operations with shuttle train and barge loading capabilities in Nebraska and Iowa, selling corn and soybean seed for Stine Seed Co. in northern Missouri, and performing appraisals in five Midwestern states for one of the largest farm management companies. Rothermich is a Certified General Real Estate Appraiser with the State of Iowa, and a licensed real estate salesperson in Iowa and Missouri, a board member and public relations chair for the Appraisal Institutes’ Iowa Chapter, a member of the American Society of Farm Managers and Rural Appraisers (ASFMRA) – including Iowa and Missouri Chapters, and past board member of the Missouri Chapter of ASFMRA. Rothermich holds a B.S. in Agricultural Economics from the University of Missouri-Columbia. In 2016, Rothermich created “The Land Talker” in order to provide clients with up-to-date land price information, posts a weekly blog, and publishes a monthly newsletter with market commentary and recent Iowa land auction results (see www.iowaappraisal.com/blog).
About The Appraisal Institute
The Appraisal Institute is a global membership association of professional real estate appraisers, with more than 18,000 members and 91 chapters throughout the world. Organized in 1932, its mission is to support and advance its members as the choice for real estate solutions and uphold professional credentials, standards of professional practice and ethics consistent with the public good. For more information regarding the Appraisal Institute, please visit www.appraisalinstitute.org.
About Iowa Appraisal and Research Corporation
Serving clients since 1958, Iowa Appraisal and Research Corporation is a real estate appraisal firm specializing in commercial and agricultural real estate appraisals, appraisal reviews, market studies and feasibility studies. For more information please visit www.iowaappraisal.com.
