Grand Rapids Metro and West Michigan

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About Us

behind the scenes at Trust Real Estate Appraisal Services PLC

About Tom Markoski, State Certified Residential Appraiser

In 2004, Tom moved on from corporate work to pursue his entrepreneurial career as an independent real estate appraiser.

The average person has a limited understanding of what Real Estate Appraisers actually do. To be brief, here is a short technical version:

  • Real Estate Appraisers are in the valuation business of Mortgage-Backed Securities (MBS), support services for Attorney, Insurance Claims, Wills, Trusts, and Real Estate Brokerage support services.
  • Appraisers are regulated by the FDIC, OCC, HUD, and The State of Michigan.
  • Real Estate Appraisers is one of the few vocations that have specific training, apprenticeship, professional licenses, and the independence to determine the market value of a residential property.
  • From Mortgages, Legal, Insurance, and Tax appraisals, there are established guidelines and laws that must be followed when it comes to determining real estate value.
    In his practice to date, Tom has produced thousands of complex real estate appraisal transactions and totaling over a half a billion dollars in production and providing Clients with specific in-depth regional reporting of Grand Rapids Metro and West Michigan local real estate markets.

What We Do For Our Clients

As a Certified Residential Appraiser, my workflow, strategies, and planning covers a variety of topic areas, including both macro and micro real estate economics, data extraction/analysis, buyer and seller behavior, market trends, and statistics.

Developing and identifying real estate valuation and appraisals is what we do well. Working with Trust Real Estate Appraisal Services PLC ensures you’re not overlooking any important detail. Buy and or Sell Real Estate like an Appraiser. Our strength is your strength.

About Mortgage Lending Appraisal Requirements

The National Association of Realtors November 2019 Report on Real Estate reported that 93% of home purchases that require a mortgage are by first-time buyers at 93%.

Second, and third home purchases are at 88% mortgaged-backed transactions.

As mandated by Federal law, those transactions require an Appraisal performed by a State Certified Real Estate Appraiser that the Lender or their Agent must utilize an independent Appraiser professional.

Your Mortgage Banker will hire Tom Markoski to provide that Appraisal service.

However, those “Lender” Appraisals benefit the Bank, not either the Seller or Buyer in the transaction.

Real Estate Consumers should stop relying on a ‘Mortgage Banker” appraisal to make a their purchase decision.

Don’t overpay for the property; it’s too easy to do in either down or heated markets like we have currently.

Make sure your calculations are accurate.

Insist on a complete neighborhood analysis by a highly trained Certified Appraiser at Trust Real Estate Appraisal Services PLC, not online by either a marketing sites Automated Valuation Model (AVM) or a deterministic and biased Algorithm.

Get the big picture from a local West Michigan market expert, who is independent and the only non commissioned participant in the transaction whose core mandate is to protect the public trust as an unbiased third-party to protect your interest in the transaction.

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