Fair Market Value Advisors
Fair Market Value Advisors gets property owners and property managers fair property assessments while saving them time.
We use our expertise of current market valuation trends to assist in assessment reviews, decision making, and negotiations.
Our goal is to actively manage and review your property assessments so you can focus your time and efforts on other important areas of your business.
Our appraisal background allows us to understand the current real estate markets and provide you with market insights without having to rely upon third-party consultants.
We have comparison data readily available to review your assessments, support negotiations with the assessors, and get you a fair settlement.
Brad Moore started Fair Market Value Advisors and has developed a close working relationship with Timothy Rye, Property Tax Attorney, at Larkin Hoffman.
Brad and Tim combine their knowledge and skills to efficiently and effectively get you tax savings. Together, Brad and Tim will expertly handle all of your property tax assessment needs.
Tax Appeal Consultant
Fair Market Value Advisors, LLC
Timothy A. Rye
Brad started his career in appraisal in 2003 and has focused nearly 100% of his work in the multifamily housing sector since 2011.
While Brad continues to have an appraisal practice, he decided to branch out his services and started Fair Market Value Advisors in 2018.
Specifically, Brad has focused on senior assisted living housing tax appeal since the challenges of allocating out the business value from real estate value are complex. There continues to be a need for tax appeal review as this asset class continues to change and the integration of health care services continues to blur the line of what is real estate and what is business services.
With Brad's valuation background in multifamily apartments and assisted living, he can identify business services and quantify the differences through the use of benchmarking.
Brad's knowledge of the current multifamily markets and valuation trends enables him to provide clients with market insights without having to rely upon third party consultants.
Having comp data readily available helps provide the support necessary to review property assessments. Both Brad and the local assessors are appraisers by trade which provides a commonality and understanding of one another's work product.
This appraisal commonality aides in negotiations as there is an understanding of the assessor’s work and an ability to speak their language.
Brad's work experience includes various property types within the multifamily housing sector that include apartments, townhomes, cooperatives, senior IL/AL, MC/CS, Section 8, Section 42, Rural Development, tax credit syndication, tax increment financing (TIF), and various other types of assignments.
No multifamily property is considered too difficult to evaluate.
Brad earned a Bachelor of Science degree in Real Estate from the University of Saint Thomas in 2003. He has held a MAI designation from the Appraisal Institute since 2011.
Tim started his career in appraisal at the Shenehon Company in 2005, where he specialized in real estate litigation and condemnation work. He joined the Larkin Hoffman firm in 2011, where he is currently a shareholder.
As a litigator, Tim advises clients on real estate valuation and all aspects of the property tax appeal process.
Past clients have included property owners, managers, developers, corporations, and real estate investors.
Tim's tax appeal experience covers a broad range of property types such as office, corporate headquarters, retail, industrial, and special use.
Tim has substantial experience resolving tax issues related to eminent domain, open space, green acres, conservation easements, and contamination.
Tim earned a Bachelor of Science degree in Real Estate from the University of Saint Thomas in 2004 and a Juris Doctor degree from Hamline University School of Law in 2011. He maintains his license as a Certified General Appraiser.