Steven R. Fontes, MAI, CCIM serves as President of Mission Property Advisors, Inc. Mr. Fontes is one of a very limited group of individuals in the United States that have earned both the MAI appraisal designation and the CCIM brokerage designation.
Mr. Fontes has held the prestigious MAI appraisal designation from the Appraisal Institute since 1993. He is a member of the Appraisal Institute in good standing with all continuing education requirement met. MAI designated real estate appraisers are considered to be the most qualified appraisers in the world because the Appraisal Institute is home to the most rigorous appraisal requirements and advanced appraisal education in the world.
Mr. Fontes also holds the prestigious CCIM brokerage designation from the CCIM Institute. CCIM designated brokers are considered to be “the” recognized experts in the commercial and investment real estate brokerage industry. A CCIM (Certified Commercial Investment Member) is a recognized expert in the commercial and investment real estate industry. CCIM’s are proficient not only in theory, but also in practice. This elite corps of CCIMs includes brokers, leasing professionals, investment counselors, asset managers, appraisers, corporate real estate executives, property managers, developers, institutional investors, commercial lenders, attorneys, bankers, and other allied professionals. A CCIM is part of a global commercial real estate network with members across North America and more than 30 countries. This professional network has enabled CCIM members to close thousands of transactions annually, representing more than $200 billion in value. As a result, the experts who possess the CCIM designation are an invaluable resource for commercial real estate owners, investors, and users.
Mr. Fontes is a Certified General licensed real estate appraiser in the State of California. Certified General appraisers hold the highest licensure category offered by the State of California. This license level is generally associated with the appraisal of commercial real estate, but allows an appraiser to appraise any type of real estate without regard to transaction value or complexity. Although he has been in professional appraisal practice since 1985, Mr. Fontes has been licensed as a Certified General real estate appraiser by the State of California since licensing and certification became mandatory on January 1, 1991.
Mr. Fontes is intimately involved in every appraisal report produced by the firm. This ensures a high level of quality. Mr. Fontes has 30 years of significant and varied commercial real estate appraisal experience. Throughout his appraisal career he has been current with his continuing education requirements. Mr. Fontes has significant appraisal industry involvement, primarily with the Southern California Chapter Appraisal Institute, including serving as its 77th President in 2009.
Members of the Appraisal Institute are held to high ethical standards. They adhere to the Appraisal Institute’s Code of Ethics and prepare appraisal reports to conform to the Appraisal Foundations Uniform Standards of Professional Appraisal Practice (USPAP). Each Member, Candidate, Practicing Affiliate and Affiliate of the Appraisal Institute shall abide by, uphold, and conform his or her actions to the Bylaws, Regulations, Code of Professional Ethics, and Standards of Professional Appraisal Practice of the Appraisal Institute as each may be amended from time to time.
Mission Property Advisors, Inc. subscribes to many of the most important databases and uses many proprietary online tools so that the appraisal products we produce are of superior quality. The databases we subscribe to enable us to have comprehensive access to the real estate industry’s best market data and trend information so that we may provide you with a quality appraisal product.
We conduct additional due diligence including data verification and interviews with buyers, sellers and brokers to ensure that we understand the motivations and important deal points so that we can properly interpret the market data we accumulate.
We have developed and maintained quality and trusted relationships in the commercial brokerage, legal, governmental, and political communities and with many private sector firms to ensure that our firm is well connected with direct access to deal makers and policy makers throughout the Inland Empire region and beyond. Because of these relationships, our firm will often have access to information not available to the general public or before information becomes public knowledge, which gives us and our clients a competitive edge as we carry out our professional responsibilities.
Mission Property Advisors, Inc. uses the following products, which include databases, online tools, software packages and hardware.
American Industrial Real Estate Association CDX database
ARGUS, discounted cash flow analysis software
Adobe, full suite of the latest programs
CCIM Site to do Business
ESRI Arc GIS applications
LoopNet, premier membership level
California Regional MLS
Core Logic Realist Database
Price Waterhouse Coopers Real Estate Investor Survey, published quarterly
Marshall Valuation Service Cost Manual, published by Marshall & Swift
Microsoft Office 365, including cloud based tools
Inland Valley Association of Realtors
Google Earth Pro
California Associaltion of Realtors
We invest tens of thousands of dollars annually on various databases and online tools to ensure that our analyses are built upon the most up to date market information and trends. In addition, we have carefully developed relationships with a variety of other real estate professionals over the past 30 years. These relationships are leveraged for your advantage. As a result, we are often aware of not yet published sale and lease transactions which give us an advantage in conducting our analyses.
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