R.W. Young and Associates, Inc.
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MAI Appraisal Institute

Qualifications of the Appraiser
Robert W. Young

 American Society of Farm Managers and Rural Appraisers

    EDUCATION AND EMPLOYMENT

  • Born and raised on a livestock/grain farm in West Central Illinois.
  • Graduate of the UNIVERSITY OF ILLINOIS with a Bachelor of Science Degree in Agricultural Economics in 1976.
  • Employed by the FEDERAL LAND BANK ASSOCIATION of Monmouth, Illinois as Branch Manager-serving Mercer and lower Rock Island Counties from 1976 to 1982.
  • Employed by the FEDERAL LAND BANK ASSOCIATION of Monmouth, Illinois as President-serving Warren, Henderson, Mercer, and lower Rock Island Counties from 1982 to 1986.
  • Employed by GREENFIELDS, INC. as a real estate appraisal consultant from 1976 to 1986.
  • Employed by R. W. YOUNG AND ASSOCIATES, INC., a real estate appraisal/consulting firm since 1986.

    PROFESSIONAL AFFILIATIONS

    1983 - ARA-Accredited Rural Appraiser Degree from the American Society of Farm Managers and Rural Appraisers, with continuing education.

    1986 - Illinois Real Estate Broker, with continuing education.

    1992 - Illinois Certified General Real Estate Appraiser, with continuing education.

    1992 - MAI Designation from the Appraisal Institute, with continuing education.

    TECHNICAL TRAINING

  • Real Estate Salesman/Broker Courses:
      • 1978 - Real Estate Transaction, Galesburg, IL
      1979 - Real Estate Financing, Galesburg, IL
      1980 - Real Estate Appraisal, Galesburg, IL
      1980 - Real Estate Contractual Conveyances, Galesburg, IL
      1981 - Advanced Real Estate, Galesburg, IL
  • American Society of Farm Managers and Rural Appraisers (ASFMRA) Courses:
      • 1979 - Basic Real Estate Appraisal, Madison, WI
      1980 - Advanced Real Estate Appraisal, Peoria, IL
      1982 - Report Writing, Denver, CO
      1982 - Eminent Domain, Denver, CO
      1985 - Professional Farm Management, Indianapolis, IN
      1995 - Appraisal Standards and Ethics (Part I & II), LaSalle, IL
      2000 - Appraisal Standards and Ethics (Part I & II), Bloomington, IL
  • Appraisal Institute (AI) Courses:
      • 1987 - Real Estate Appraisal Principals, Bloomington, IN
      1987 - Residential Valuation, Chicago, IL
      1987 - Basic Valuation Procedures, Chicago, IL
      1987 - Standards of Professional Practice, Chicago, IL
      1988 - Capitalization Theory and Technique (Part A), Chicago, IL
      1988 - Capitalization Theory and Technique (Part B), Chicago, IL
      1988 - Case Studies in Real Estate Valuation, Chicago, IL
      1988 - Valuation Analysis and Report Writing, Chicago, IL
      1991 - Comprehensive Appraisal Workshop, Chicago, IL
      1997 - Standards of Professional Practice (Part C), Des Moines, IA
      2002 - Standards of Professional Practice (Part C), Chicago, IL

    CONTINUING EDUCATION

    1986 - Soil Seminar, ASFMRA, Bloomington, IL
    1988 - Chapter 12 Moot Court, ASFMRA, Springfield, IL
    1989 - Report Writing, ASFMRA, Champaign, IL
    1990 - Environmental Law Seminar, ASFMRA, Peoria, IL
    1991 - Feasibility Analysis and Highest and Best Use, AI, Davenport, IA
    1991 - Uniform Agricultural Appraisal Report, ASFMRA, Champaign, IL
    1991 - The Appraiser as Expert Witness, AI, Cedar Rapids, IA
    1992 - Rates, Ratios, and Reasonableness, AI, Williamsburg, IA
    1992 - Appraisal of Partial Acquisitions, AI, Iowa City, IA
    1992 - Appraising the Tough Ones, AI, Cedar Rapids, IA
    1993 - Environmental Management in Real Estate Transactions, AI, Amana, IA
    1993 - Reviewing Appraisals, AI, Cedar Rapids, IA
    1993 - Tax Advantages of Land Ownership, ASFMRA, Decatur, IL
    1993 - Rights and Duties of Sellers, Buyers, and Brokers, IL Dept. of Prof. Reg.,           Galesburg, IL
    1994 - Appraising from Blueprints and Specifications, AI, Amana, IA
    1994 - Understanding Limited Appraisals and Appraisal Reporting Options, AI,
              Chicago, IL
    1994 - Swine Facility Valuation, ASFMRA, Bloomington, IL
    1995 - Subdivision Analysis, AI, Amana, IA
    1996 - High-Tech Appraisal Office, AI, Indianapolis, IN
    1996 - Internet and Appraising, AI, Indianapolis, IN
    1997 - Fair Lending and the Appraiser, AI, Bloomington, IL
    1997 - Fractional Interests, ASFMRA, Galesburg, IL
    1997 - Development and Drafting of an Estate Plan, ISBA, Chicago, IL
    1998 - Basic Income Modeling Using Spreadsheets, AI, Chicago, IL
    1999 - Marshal and Swift Residential Cost Approach, WIU, Rushville, IL
    1999 - Business Enterprise Valuation, AI, Orlando, FL
    1999 - Public Market for Real Estate, AI, Orlando, FL
    1999 - General Appraisal USPAP Update, AI, Orlando, FL
    1999 - FHA and the Appraisal Process, AI, Iowa City, IA
    2000 - Appraising Agricultural Chattels, ASFMRA, Moline, IL
    2001 - Fundamental Analysis of Income Property, AI, Moline, IL
    2002 - Appraisal of Partial Acquisitions, IRWA, Springfield, IL
    2004 - National USPAD Update, AI, Davenport, IA
    2005 - Agency Appraisal ASFMRA, Normal, IL
    2005 - Mathematically Modeling, AI, Cedar Rapids, IA
    2006 - National USPAP Update, AI, Davenport, IA
    2006 - Yellow Book, ASFMRA, Springfield, IL
    2006 - Minerals and Natural Resources, Springfield, IL
    2007 - Business Practice and Ethics, AI, Chicago, IL
    2007 - Introduction to GIS Applications, AI, Chicago, IL
    2007 - Appraising Rural Residential Properties, ASFMRA, Jefferson City, MO
    2007 - Code of Ethics (A-112), ASFMRA, Jefferson City, MO

    PROFESSIONAL TESTIMONY

  • 9th Judicial Circuit Court, Warren, Henderson, Knox, McDonough, and Hancock Counties
  • 14th Judicial Circuit Court, Mercer and Rock Island Counties
  • Central District of Illinois, U.S. Bankruptcy Court

 

Email: info@rwyoung.com
Telephone: (309) 734-6868
Fax: (309) 734-4848

213 South Main Street, P.O. Box 167
Monmouth, Illinois 61462-0167

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