Depreciation of real estate is often a confusing and misunderstood process. Calculating the depreciation factor(s) of an improved piece of real estate is a key component of a value estimate. It begins by estimating the replacement or reproduction cost of a structure or component. If the building is new there may be no physical depreciation; however, after several years of …Read More »
Edward Martinez holds the title senior professional, Technical Training. He has traveled across the US and Canada educating groups and individuals on the proper use of Marshall & Swift in a cost approach. Many of the attendees include members of Insurance, Appraisal, Assessment, Lending, Taxation and more. Edward is an IDECC Certified Distance Education Instructor and has helped design curriculums for Insurance, Appraisers and Assessors. Edward started with Marshall & Swift on April 19th 1993 and worked with the late Joseph Marshall & Frank Swift. Edward continues conducting training sessions and works as a consultant to companies looking to maximize their skill and knowledge of Marshall & Swift in a cost valuation, he is also a frequent speaker and co-presenter at the (IAAO) International Association of Assessment Officers and the US & Canadian Appraisal Institutes annual conferences.