Commercial Appraisal & Consulting, LLC, dba Appraisal & Consulting Group, LLC
Vancouver, WA, USA
Industry: Real Estate
Field: Commercial Real Estate Appraisal
As the owner of and appraiser for Commercial Appraisal & Consulting, LLC dba Appraisal & Consulting Group, LLC, Sally Blye Eddy is an expert in the valuation of commercial properties within the coastal areas of Oregon and Washington. This geographical area was a highly underserved location with lenders often waiting months for an appraisal. She regularly performs commercial appraisals that are used for mortgage lending, loan monitoring, tax appeals, estate evaluations and lease negotiations. As such, her services provide a valuable asset to the industry in underserved areas of the market.
Among Ms. Eddy’s greatest professional assets are her research and quick study skills. Her research skills were honed by years of research in the pulp and paper industry where she worked for 27 years prior to her most recent venture, which began in June 1998. She consistently ensures that her client understands and is satisfied with the timeliness and reliability of her work product.
Ms. Eddy feels that everyone, regardless of profession, needs to experience the feeling that their work is appreciated and that it has value and relevance. In fact, she considers this aspect to be the most rewarding of this most recent career. She considers herself fortunate to have found a profession which provides positive feedback on a regular basis.
While Ms. Eddy loves her profession and couldn’t see herself in another one, she feels that the recent governmental regulations are not well understood by lenders. As a result, direct communication between appraisers and lenders has barriers imposed internally that affect the ability of the appraiser to obtain relevant information in a timely manner. These regulations, which are intended to protect the end consumer and lenders in her opinion can ultimately impact the reliability and credibility of the valuation results. Within this environment it is important to stay up to date in order to comply with regulations, since “the consequences for missing a change can mean re-doing an appraisal, which is time lost, [or the possibility of] litigation or losing one’s license.”
Ms. Eddy also believes that the world is split between two types of people: those who are willing to make decisions, and those who are not. She further believes that among the decision-makers are two subsets: those who put up obstacles to change, and those who try to overcome those barriers. She sees herself as being in the latter group. As a woman having worked in two industries that are male-dominated, Ms. Eddy is certainly no stranger to overcoming barriers and finding the success that she currently enjoys.
Within the next five years, Ms. Eddy hopes to be comfortably retired so that she can spend more quality time with her adult children and adult grandchildren and hopefully future great-grandchildren. Thanks to her daughter’s decision to move back to Vancouver, both of Ms. Eddy’s children now live within five miles of her. She plans to make the most of her soon-to-be-retirement years, enjoying the companionship of family and friends. Continue reading