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Qualifications of the Appraiser

Wayne MacDonald is the Chief Appraiser for MacDonald Appraisers. The following are his qualifications. This page may be printed if a hard copy is needed by using "file" and "print" from your browser menu.

ACADEMIC:

    University of Maryland - B.S. Engineering (1970)
SPECIFIC APPRAISAL EDUCATION:
    American Institute of Real Estate Appraisers:
    • Course 8-1, "Real Estate Appraisals Principles"
    • Course 8-2, "Residential Valuation"
    • Course 8-3, "Standard of Professional Practice"
    • Course 1BA, "Capitalization Theory and Techniques, Part A"
    • Course 1BB, "Capitalization Theory and Techniques, Part B"
    • "Analyzing Commercial Leases"
    • "Condemnation Appraising"
    • "Eminent Domain"
    • "Evaluating Commercial Construction"
    • "Small Residential Income Property Appraisal Report"
    • "Condominiums, Co-Ops and PUDs"
    • "Subdivision Valuation"
    Society of Real Estate Appraisers:
    • Course 101, "An Introduction to Appraising Real Property"
    • Course 102, "Applied Residential Property Valuation"
    • "Developments in Income Valuation"
    • "Professional Practice"
    • "The Appraiser as Expert Witness"
    • "The Appraiser's Legal Liabilities"
    • "Market Extractions"
    National Association of Independent Fee Appraisers:
    • "Principle of Real Estate Appraising"
    • "Narrative Report Writing"
    • "Subdivision Appraising"
    • "Marshall & Swift Commercial Cost Approach"
    • "FHLMC: Small Residential Income Property"

PROFESSIONAL DESIGNATIONS AWARDED:

  • SRA  - Senior Residential Appraiser, Appraisal Institute, 1990
  • RM   - Residential Member of American Institute of Real Estate Appraisers, No. 2536, 12/89-12/90
  • CPM - Certified Property Manager, Institute of Real Estate Managenent, No. 5136, 1976
  • CRS - Certified Residential Specialist, National Association of Realtors, Charter Member, 1979
  • CRB - Certified Residential Broker, National Association of Realtors, No. 1632, 1980
  • GRI  - GRADUATE, Realtors Institute, Towson State University, 1972

FEE PANEL:

  • FHA  - Federal Housing Administration, Washington, DC office, No. 356, 1985-Present
  • Department of Veterans Affairs (VA) - fee appraiser. #0226
  • Federal Housing Administration Appraiser Exam - 12/99

PROFESSIONAL AFFILIATIONS:

    Appraisal Institute:
    • Regional Professional Standards Panel, 1990-1994
    National Association of Independent Fee Appraisers:
    • Board of Directors - Metro Washington, DC Chapter, 1989-1990
    • Chairman, Education, Metro Washington, DC Chapter, 1989-1990
    • Second Vice President, Metro Washington, DC Chapter, 1993-1994
    • Chairman, Joint Appraisers Conference, 1990
    Montgomery County Board of Realtors:
    • Board of Directors, 1976-1978
    • Chairman, Property Management, 1976
    • Chairman, Education, 1977
    Maryland Association of Realtors:
    • Board of Directors, 1977
    Mortgage Bankers Association, 1993

GENERAL:

    Builder of Sunnybrook Farms - Frederick, Maryland (1978)
    Broker/Owner for 25 years of one of the largest real estate companies in the Washington, DC area, having 5 offices and 120 agents.
    Founder/Former owner of MacDonald Management Corp.(now MacDonald Management Associates and Profession Management Services)

INSTRUCTOR:

    Montgomery College, Rockville, Maryland
    Prince George's College, Largo, Maryland
    Charles County Community College, Waldorf, Maryland

PUBLISHED ARTICLES:

    THE REALTOR MAGAZINE
    REAL ESTATE TODAY MAGAZINE

QUALIFIED:

    For expert testimony in appraisal matters for:
    • United States Bankruptcy Court, Rockville, Maryland
    • Circuit Court, Montgomery County, Maryland
    • Circuit Court, Prince Georges County, Maryland
    • Montgomery County Tax Appeal Court
    • County Council, Montgomery County

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