Fort Myers appraisal company defining the evolving industry

Technology-driven data collection and valuation models have dramatically changed the appraisal business in the past decade


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  • | 10:20 a.m. May 6, 2019
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JIM JETT — Appraisal and consulting firm Maxwell Hendry & Simmons gravitates to more complex assignments, like the Luminary Hotel & Co. project under construction in downtown Fort Myers,
JIM JETT — Appraisal and consulting firm Maxwell Hendry & Simmons gravitates to more complex assignments, like the Luminary Hotel & Co. project under construction in downtown Fort Myers,
  • Commercial Real Estate
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Appraisers got a pretty bad rap in the wake of the real estate collapse of the last decade.

Critics argued that shoddy evaluations — often more art than science and sometimes more alchemy than art — led banks to make foolish loans and buyers to make even more foolish purchases, many of which ended in foreclosure without recourse to the appraisers.

 

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