Pendley & Pendley conducts Commercial Appraisals as well as Residential. We are your "one stop shop" for all your appraisal needs.

Commercial appraisals are essential in determining the value of various types of commercial real estate, including office buildings, retail centers, industrial properties, and multi-family developments. These appraisals are used by lenders, investors, government agencies, and property owners to make informed decisions regarding financing, acquisitions, sales, tax assessments, and legal disputes. Unlike residential appraisals, which often rely on standardized approaches, commercial appraisals require a more complex analysis that considers income potential, market trends, highest and best use, and cost-replacement calculations.

One of the most prestigious credentials in the commercial appraisal industry (which Pendley & Pendley Appraisers have) is the MAI (Member of the Appraisal Institute) designation, awarded by the Appraisal Institute. This designation is reserved for highly experienced and rigorously trained Appraisers who have met stringent education, experience, and ethical requirements. To earn the MAI designation, an Appraiser must complete advanced coursework, pass comprehensive examinations, acquire significant field experience, and submit a demonstration report showcasing their ability to conduct complex valuation assignments.

The MAI designation is important because it signifies a high level of competency, professionalism, and adherence to ethical standards. Clients, including banks, government entities, and investors, often require or strongly prefer appraisals conducted by MAI-designated Appraisers because of their proven expertise in handling complex and high-value properties. The designation ensures that appraisers follow best practices, apply sound valuation methodologies, and provide reliable, defensible reports that withstand scrutiny in financial and legal contexts. Whether for lending, litigation, or investment decision-making, engaging an MAI-designated appraiser helps ensure accuracy, credibility, and confidence in the valuation process.