Qualifications

Since 1962, Mr. Sutte has served as a real estate appraiser and consultant to a wide variety of private and public clients in nineteen states and the District of Columbia. His background includes both real property valuation and real estate counseling on the most efficient and profitable solutions to various real estate problems. Mr. Sutte has had training and experience in the field of finance and experience in designing environmentally acceptable mixed use land development plans.

RESIDENT OF:

Winter Park, Florida

EDUCATION:

Bachelor of Science Degree
Business Administration (Concentration in Finance),
Drake University, Des Moines, Iowa

MEMBER OF:

Counselors of Real Estate (CRE)

Appraisal Institute (MAI, SRA)

EMPLOYMENT:

President, Real Property Analysts of Orlando, 2433 Lee Road, Winter Park, Florida 32789

APPRAISAL EXPERIENCE:

Mr. Sutte’s appraisal experience includes preparation of market value estimates for use in conjunction with sales, acquisitions, leasing, mortgage lending, condemnation, real estate assessment equalization, charitable donations for conservation purposes and estate settlement. He has prepared many estimates of value for conservation easements and diminution in value situations. All types of commercial, industrial and residential land and almost all types of improved property have been involved. In many instances, the valuation of encumbered ownerships and the appraisal of leasehold or leased fee interests have been part of the appraisal problem.

A partial list of property types which have been appraised includes:

Most types of land Banking facilities Salt and freshwater islands RV/Mobile Home Parks Ocean and Gulf front property Preparatory schools and colleges Silviculture and agricultural land

Special purpose property

Various types of residential property

Radio Transmission Facilities

Commercial and institutional buildings

Railroad property

Diminution in Value Studies Conservation Easement Encumbrances Shopping centers and retail stores Gas stations-convenience stores Restaurants Warehouses Churches

Truck terminals

Nursing homes

Manufacturing plants

Hotels-Motels

Outdoor Advertising Signs

CONSULTING EXPERIENCE:

Mr. Sutte’s consulting experience has encompassed many real estate disciplines. Counseling services rendered have involved guidance on individual property leasing, ownership and development problems. A partial list of types of assignments completed includes:

Estimates of marketability and economic feasibility

Highest and best and most profitable use analysis

Condominium conversion studies

Land planning and development strategies

Analysis of potential zoning and land use changes

Commercial, retail, motel, apartment and industrial space rental surveys

Direct mail and field interview studies to gauge marketability for various types of real estate

 

LICENSES:
Licensed Real Estate Broker – State of Florida (BK232449)

State-Certified General Real Estate Appraiser – State of Florida (RZ241)

State-Certified General Real Property Appraiser – State of Georgia (004009)

State-Certified General Appraiser Instructor – State of Florida (GA5069)

State-Certified Real Estate Instructor – State of Florida (ZH1001982)

AQB Certified USPAP Instructor – The Appraisal Foundation (10485)

CLIENTS SERVED:

Mr. Sutte has appraised and consulted for a variety of clients, including property owners, investors, attorneys, financial institutions, insurance companies, and federal, state and local government agencies. A partial list of clients served and references are available upon request.

COURT TESTIMONY:

Qualified as an expert witness in federal and state courts and before boards of appeal. Testimony in connection with condemnation, deficiency judgements, tax abatements, rate setting, and appraiser ethical conduct. Has served as a Special Magistrate for the Value Adjustment Boards of Brevard, Citrus, Escambia, Orange, Santa Rosa, and Walton Counties.

TEACHING EXPERIENCE:

Membership in the National Faculty of the Appraisal Institute since 1972, as an instructor for various real estate courses and seminars. Florida Realtors® faculty member since 1982, as instructor for the Graduate Realtors Institute (GRI) program and Continuing Education Express seminar series. Also served as adjunct faculty member of the College of Extended Studies at the University of Central Florida.