Areas of Expertise
- Real Estate
- 3 Years with Firm
- 14 Years of Relevant Experience
Adam Hurst has fourteen years of experience in the real property valuation and consulting industry. Particular appraisal experience includes free standing and multi-tenant retail, office buildings, industrial properties, special purpose properties, multi-family and self-storage facilities, residential subdivisions, conservation easements, mitigation banks, agricultural property including recreational, pasture, crop, and timberland, right-of-way for public and private utilities and state and local transportation clients. Mr. Hurst has been involved with over 1 million acres of forest/recreational land valuation. Mr. Hurst has a network of Brokers for collecting comparable sales data for agricultural property, which is important because this property type is not typically followed by data services.
Mr. Hurst has performed and assisted in valuation opinions that have been used in the context of mortgage lending, right-of-way acquisition, bankruptcy court, buy/sell decisions, purchase price allocation, loan monitoring, forced disposition, and portfolio performance monitoring.
In 2007, Mr. Hurst started his appraisal career with Piedmont Appraisers as a Trainee Real Property Appraiser and was a Licensed Real Property Appraiser when he departed the company in 2011. During his tenure with the company, Mr. Hurst performed and assisted in appraisal assignments for financing, estate purposes, internal decisions, acquisitions, and buy/sell decisions. The experience with Piedmont Appraisers was invaluable to his education and growth in the real estate valuation industry, primarily the agricultural industry.
In 2011, Mr. Hurst joined the Eidson Company. Under the leadership and experience of the company's owner, Mr. Greg Eidson, MAI, CCIM, Mr. Hurst gained a greater understanding of all types of commercial valuations, conservation easements, mitigation banks, right of way valuation for the Alabama Department of Transportation, municipal utilities, Sabal Trail Pipeline, valuations that involved property damaged by flooding, multi-family, industrial manufacturing and distribution, property taxation issues, bankruptcy and foreclosure proceedings, subdivision developments, mixed use developments, retail, office, special purpose, and agricultural land. During his tenure with the company, Mr. Hurst performed and assisted in appraisal assignments for financing, estate purposes, internal decisions, acquisitions, purchase price allocation, mortgage loans, property tax appeals, and cost segregation studies.
Mr. Hurst maintains a Licensed Real Property Appraisal License in Alabama. He can obtain temporary licensing permits in other states on a case by case basis.
Mr. Hurst attended Southern Union State Community College from 1996-1997. He has completed real estate appraisal courses including Qualifying Course, General Appraiser Sales Comparison Approach, General Site Valuation & Cost Approach, Residential Report Writing & Case Studies, Residential Sales Comparison & Income Approach, Residential Appraiser Site Valuation & Cost Approach, Residential Market Analysis & Highest & Best Use, Expert Witness Testimony: To Do or Not to Do, Issues in Appraiser Liability, Recognizing Mortgage Fraud and Its Effects, REO Appraisal: Guidelines and Best Practices, Work File: Your Best Defense Against an Offense, and the National Uniform Standard of Professional Appraisal Practice Course (USPAP) and is current on the USPAP updates.