Summary of Qualifications
James R. McElroy, Ph. D.; C.R.E.A.; I.C.A.; L.U.T.C.F.
OFFICES
123 E. Main St., Tucumcari, NM 88401 (505) 461-2100
www.mcelroyandassociates.com
ORGANIZATION MEMBERSHIP
-State Board Directors; Realtors Association of NM
-Affiliate Member; National Association of Realtors
-Affiliate Member; Farm & Land Institute Realtors
-International Certified Appraiser, (I.C.A.) Senior Member
-International Organization of Real Estate Appraisers
-Certified Real Estate Appraiser (C.R.E.A.), National Association of Real Estate
Appraisers
APPRAISAL EXPERIENCE
-New Mexico Licensed Real and General Certified Estate Appraiser, December 1,
1990 to present
-Full-time Real Estate Appraiser, September 1977 to present
-Appraisals for eminent domain, mortgage lending, estate and other functions
-HUD/FHA Appraiser, January 1990 to present
EMPLOYMENT
2/71 to Present -Insurance Consultant consisting of marketing
property/casualty and completing property valuations
9/77 to 11/78 -Residential Appraiser an Associate, Town and Country Real
Estate; Clovis, NM
11/78 to Present -Residential, Commercial, Farm & Ranch, and Estate
Appraiser, Jim McElroy & Associates
GENERAL EDUCATION
1965 - High School. Graduated from Sherman County High School; Moro,
OR
1977- American College Bryn Mawr, PA. 1977 to present. Enrolled to attain
CFC, (Chartered Financial Consultant Degree).
COLLEGE
1965- Eastern New Mexico University; Portales, NM. Business Major.
8/94 - Southern Illinois University; Carbondale, Ill; attained Bachelor
of Science in Work Force Education and Development Vocational (Post Secondary)
Education.
10/94 - Western States University, Doniphan Mo, attained a Master of
Business Administration (MBA), (Real Estate, Major, Appraisal Minor)
2/95 -Western States University, Doniphan Mo. attained a Doctor of
Philosophy (Ph.D.) in Business Administration (Real Estate)
APPRAISAL EDUCATION
College Level- Principles of Real Estate Appraisal, Real Estate Finance,
Real Estate Law Appraisal Courses
Jul 81 -Residential and Commercial Valuation; Marshall & Swift; Salt Lake
City, UT.
Feb 82 - An introduction to appraising real property. (Course #101);
Norris School of Real Estate; Albuquerque, NM. 30 Hrs.
May 82 -Broker program consisting of Real Estate Law, Real Estate
Practices, Real Estate Finance, Real Estate Appraisal, NM Real Estate Institute,
Albuquerque, NM.
Feb 83 -Special vs. valuations in Estate Planning & Valuation; Computone
Systems; Atlanta, GA.
Jun 85 - International Organization of Real Estate Appraiser, (IREA).
Completed necessary requirements to attain designation of Certified Senior
member (ICA); the requirements being having a minimum of five years experience
in appraising residential and commercial expertise.
Sep 88 - National Association of Real Estate Appraisers (NEREA).
Completed the necessary requirements to attain designation of Certified Real
Estate Appraiser (CREA); the requirements being; acceptance by the Admissions
Committee of NAREA by having at least 2 years fulltime Appraisal Experience and
pass the Associations "Appraisal Certification Exam".
Jul 91 -Basics of Appraisal, 15 Hrs. Course I- RANM
Sep 91- Appraisal Standards & Ethics, 15 Hrs. Course V -RANM
Nov 91 - Cost and Income Approaches/Valuation of Partial Interests, 15
Hrs. Course IV -RANM
Dec 91- Real Estate Analysis, 15 Hrs. Course II -RANM
Feb 92 - Sales Comparison Approach, 15 Hrs. Course III -RANM
Feb 92 -Introduction to Income Property Appraising Cap I Course, 30 Hrs.
National Association of Independent Fee Appraisers.
Dec 92 - Real Estate Appraisal Methods, U.N.M. -Appraisal Institute, 30
Hrs.
Dec 92 - Technical Report Writings Course A-15, 26 Hrs. American Society
of Farm Managers and Rural Appraisers
Feb 98 - Uniform Standard of Professional Appraising Practice- 15 Hours
Mar 98 - Appraising Income Properties I -30 hours
Jan 00 - FHA Appraising Changes Trends -15 hours
Apr 00 - Water Rights Continuing Education -4 hours
