Warren Klutz & Co.

1241 Volunteer Parkway, Suite 426

Bristol, Tennessee 37620

email: warren@warrenklutz.org

www.warrenklutz.com

phone: 423-968-4546

QUALIFICATIONS

Warren Klutz, MAI, SRA, AI-GRS, CCIM, MS, MBA

Education

Bachelor of Science (BS), East Tennessee State University (ETSU), 1972.  Major in real estate and minor in military science.   ETSU military science program included Army flight training and was commissioned as Second Lieutenant, infantry officer, on graduation.  Training in military included Basic Infantry Officer Course and Airborne School.  Military service completed at the rank of Captain.

 

Master of Science (MS) in Real Estate Appraisal from University of St. Thomas, Minneapolis, MN.

 

Master of Business Administration (MBA) from King University, Bristol, TN.

 

All but the dissertation completed in Doctor of Education (Ed.D.) degree program at East Tennessee State University.

 

Awarded the MAI, SRA, and AI-GRS designations by the Appraisal Institute. 

 

Awarded the CCIM designation by the Certified Commercial Investment Institute.

OTHER PROFESSIONAL EDUCATION

Standards of Professional Practice (Parts A & B), University of Georgia

Standards of Professional Practice (Part C), Manassas, Virginia

Real Estate Appraisal Principles, Indiana University

Basic Valuation Procedures, Indiana University

Capitalization Theory & Techniques Part 1, University of North Carolina

Capitalization Theory & Techniques Part A, University of Georgia

Capitalization Theory & Techniques Part B, University of Georgia

Market Analysis, University of Central Florida

Case Studies in Real Estate Valuation, University of Georgia

Report Writing and Valuation Analysis, University of Georgia

Review Theory – General, Nashville School of Law

Condemnation Appraising: Principles & Applications, Richmond, Virginia

General Appraiser Market Analysis and Highest & Best Use, Owensboro, Kentucky

The Appraiser’s Complete Review, Cherry Hill, PA and Arlington, VA

Recent seminars taken through the Appraisal Institute:

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Successfully completed and passed the following courses and examinations and designated CCIM, Certified Commercial Investment Member of the Commercial Investment Real Estate Institute:

    CI-101, Fundamentals of Real Estate Investment and Taxation, Washington, D.C.

    CI-102, Fundamentals of Creating a Real Estate Investment, Atlanta, Georgia.

    CI-103, Advanced Real Estate Taxation and Marketing Tools for Investment Real Estate, Detroit, Michigan

    CI-104, Case Studies in Commercial and Investment Real Estate Brokerage, Atlanta, Georgia

    CI-105, Principles and Techniques of Effective Communication for Commercial-Investment Brokerage, Atlanta, Georgia

                                                                       

Successfully completed the following courses as given by the Society of Real Estate Appraisers and designated SRA, Senior Residential Appraiser:

    An Introduction to Appraising Real Property, Course 101, Knoxville, Tennessee

    Applied Residential Property Valuation, Course 102, Appalachian State University

 

Successfully completed the following courses as given by the International Right-of-Way Association:

    The Appraisal of Partial Acquisitions            Skills of Expert Testimony

    Interpreting Engineering Drawings               Easement Valuation               

 

Graduated from Missouri Auction School, Kansas City, Missouri

 

MEMBERSHIP AND LICENSES

Licensed Certified General Real Estate Appraiser in Tennessee and Virginia

Licensed Real Estate Broker in Tennessee and Virginia

Licensed Real Estate Auctioneer in Tennessee and Virginia

Member of the Bristol, Tennessee-Virginia Association of Realtors

Awarded Realtor Emeritus Status by the National Association of Realtors

Member of the Tennessee-Virginia Regional Multiple Listing Service

Member of the Southwest Virginia Association of Realtors Multiple Listing Service

Member of the NETAR Commercial Multiple Listing Service

President of the Bristol, Virginia-Tennessee Association of Realtors in 1978, 1982 and 1987

President of the TENNEVA Chapter of the Society of Real Estate Appraisers, 1987

Vice President, Blue Ridge Chapter of the Appraisal Institute, 2000

Vice President, Virginia Commonwealth Chapter of the Appraisal Institute, 2003

President, Virginia Commonwealth Chapter of the Appraisal Institute, 2004

Member of the Commercial Investment Real Estate Institute

MAI and SRA Designated Member of the Appraisal Institute

Recipient of Appraiser of the Year 1985 - TENNEVA Chapter of the Society of Real Estate Appraisers

 

EXPERIENCE

Owned and operated Warren Klutz and Company since 1975, specializing in commercial and investment real estate brokerage, consulting, and appraising in Tennessee, Virginia, and North Carolina.  Experience includes appraisals of various interests in all types of properties for financial institutions, utility companies, private, corporate and government clients.   Qualified as an expert witness in numerous courts in Tennessee and Virginia.  Klutz serves as an instructor for the Appraisal Institute and was a contributing author for Applications in Litigation Valuation: A Pragmatist’s Guide published by the Appraisal Institute in 2012.  In 2017, Klutz was a contributing writer and editor for the Appraisal Institute's most recent text, Rural Property Valuation.  Mr. Klutz is presently serving as a member of The Appraisal Journal Review Panel.

 

PARTIAL CLIENT LIST

Financial                         Governmental                               Corporations & Utility

NationsBank                    State of Virginia                              Raytheon

Signet Bank                     State of Tennessee                         UNISYS

First Union                       City of Johnson City                        IBM

Tri-Cities Bank                 Army Corps of Engineers               Smith Kline Beecham

Charter Federal               Virginia Dept. of Trans.                   CONOCO

First American Bank        Tennessee Dept. of Trans.             Electrolux

Dominion Bank                Virginia Attorney General               Shoney's Restaurants

Sovran                             Tennessee Dept. of Finance          Hospital Corporation of America

First Tennessee Bank      City of Bristol Tennessee               East Tennessee Natural Gas Company

Bank of Baltimore            City of Bristol Virginia                     Norfolk Southern Railway

Home Federal                  Smyth County, Virginia                  Tennessee Valley Authority

Chrysler First                   Washington County, Virginia          Appalachian Power Company

Highlands Union              Sullivan County, Tennessee           CSX Railroad

SunTrust Bank                 Tennessee Attorney General         Virginia Gas Company

TruPoint Bank                  U.S. Dept. of Justice                      Duke Energy

Settler’s Life Insurance    Wise County, Virginia                     Alpha Natural Resources

Valley Bank                      Dickenson County, Virginia            Johnson Memorial Hospital

Darby Bank & Trust         ETSU                                              TVA

Bank of America              North Carolina State University      Bristol Motor Speedway

Wells Fargo Bank            Federal Bureau of Prisons              Washington Co. Service Authority  

Capital Bank                    Washington Co. Service Authority  Vaughn & Melton Consulting Engineers

New Peoples Bank          Town of Abingdon, Virginia             Goodpasture Motor Company

Summit Community         City of Kingsport, Tennessee          Virginia Highlands Airport Authority

Grundy National Bank     State of Tennessee Gen. Services  Brownlow Utility District

1st Nat. Bank of Onieda  Washington Co. School Board        Nuclear Fuel Services, Inc.

Carter Bank & Trust         Bristol, Virginia Utilities                   Dyson-Kissner-Moran Corporation

Economic Obsolescence Seminar                   Hotel Motel Valuation Seminar

Accrued Depreciation Seminar                        Applied Sales Comparison Approach

Rates, Ratios and Reasonableness                Rate Extraction

Commercial Construction Overview                Appraising Troubled Properties

Discounted Cash Flow Analysis                      The Appraiser As An Expert Witness

Appraising Troubled Properties                       Demonstration Appraisal Report Writing

Automated Valuation Models                           Appraisal of Nursing Facilities

The Internet and Appraising                            The Future of Appraising

New Industrial Valuation                                  Appraisal Office Management

Appraisal of Non-Conforming Uses                 Eminent Domain and Condemnation

Litigation Skills for the Appraiser                     Data Confirmation & Verification Methods

Review Theory - General                                Appraising Distressed Commercial Real Estate

Appraisal of Nonconforming Uses                  Business Practices and Ethics

Appraising Troubled Properties                      Appraiser’s Legal Liabilities

Using Spreadsheet Programs in Real Estate Appraisals

Advanced Spreadsheet Modeling for Valuation Applications

Practical Regression Using Microsoft Excel

Marketability Studies: Six-Step Process & Basic Applications

Uniform Appraisal Standards for Federal Land Acquisitions

Real Estate Finance Statistics and Valuation Modeling

Valuation of Detrimental Conditions in Real Estate