APPRAISAL INSTITUTE
Professional Qualifications
George Hao & Associates is a professional real estate appraisal and
consulting firm founded in 1993. George D. Hao is the firm's president
and principal, and has accumulated 30 years of real estate appraisal and
consulting experience in the State of Hawaii, California, Oregon and Guam.
Mr. Hao was awarded the RM professional designation in 1978 and the MAI
professional designation in 1982 by the American Institute of Real
Estate Appraisers (the predecessor of the Appraisal Institute). Mr.
Hao was the 1994 President of the Hawaii Chapter of the Appraisal Institute,
the largest and most respected private organization of professional real
estate appraisers in the United States. The firm has 2 employees
including Mr. Hao.
Philosophy of the Firm
The firm's philosophy is to provide quality professional real estate appraisal
and consulting services in both a timely manner and at a reasonable cost.
Improvements in technology have enabled the firm to provide the same high
level of service, knowledge, and expertise with a smaller staff and thus
at a more reasonable cost to its clients.
Various clients and users of appraisal and consulting services have
noted their preference for the personal involvement of the firm's principal
in each appraisal and consulting assignment. The smaller size of
George Hao & Associates enables its clients to receive more attention
and a greater level of personal service.
The firm provides real estate appraisal and consultation services on
all types of real property, including multi-family apartment residential,
retail and office commercial, industrial, harbor and maritime-related,
agricultural, water rights, special-use properties, vacant land, residential
subdivision development, commercial development, condominium leased fee
and leasehold interest, leasehold to fee simple conversions, condemnations,
and arbitrations.
PROFESSIONAL MEMBERSHIPS
Appraisal Institute, Hawaii Chapter
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Treasurer, Chairman, Finance Committee, 1991;
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Secretary, 1992;
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Vice President, 1993;
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President, 1994;
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Director, Immediate Past President, 1995;
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MAI Designation received in 1982;
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RM Designation received in 1978.
Appraisal Institute, Region VII
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Professional Standards Panel, 1989-1990, 1996-1998.
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Southwest Region, Regional Committee Member, 1993-1994.
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Southwest Region, Nominating Committee, 1994.
American Institute of Real Estate Appraisers, Honolulu Chapter
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Treasurer, Chairman, Finance Committee, 1989;
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Chairman, Candidate Guidance Committee, 1989;
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Member, Admissions Committee, 1989-1990;
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Member, Board of Directors, 1987-1989;
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Secretary, 1990;
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Treasurer, Finance Committee, 1990.
American Arbitration Association
Hawaii Housing Authority
Honolulu Board of Realtors
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Research Roundtable, 1992-1998.
EDUCATION
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Graduate, Punahou School, Honolulu, Hawaii, 1960.
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Bachelor of Science, Business Administration, California State University
at Fresno, California, 1964.
PROFESSIONAL EXPERIENCE
Real Estate Appraising
Real Property Appraiser, Hawaii State Tax Office. Duties included
appraising land and buildings for real property tax purposes, 1966 to 1968.
Independent Fee Appraiser, Philip Won & Associates, 1968 to 1980.
Experience consists of appraisal assignments in a variety of commercial,
residential, agricultural, and other types of properties.
Fee Appraiser, Vice President, Raymond A. Lesher & Company, Ltd.
(formerly Lesher & Martin, Ltd.), Appraisers and Counselors, Honolulu,
Hawaii, September 1980 to September 1993. Experience consists of
appraisal assignments in a variety of commercial, industrial, apartment,
residential, vacant land, easement, condominium project, water rights valuations
and various other real estate appraisals, as well as market studies and
feasibility analyses and counseling.
President, George Hao & Associates, since September 29, 1993.
ARBITRATION
State of Hawaii, Department of Housing, Finance and Development Corporation
Master List of Qualified Real Estate Arbitrators, 1985 to present.
Approved by the American Arbitration Association to conduct arbitrations.
Provides Arbitration Services to The Department of Hawaiian Home
Land, State of Hawaii.
TEACHING
Instructor at the "Easements and Their Valuation" seminar sponsored
by the International Rights-of-Way Association, 1985.
AUTHORSHIP
"Taking the Mystery Out of Real Estate Valuation," Hawaii Realtor Journal,
May 1 and June 1, 1993.
OTHER PROFESSIONAL EXPERIENCE
Qualified expert witness in the First Circuit Court of the State of
Hawaii.
On lists of approved appraisers for various lending institutions in
the State of Hawaii.
CERTIFICATION
Hawaii State Certified General Appraiser, CGA-20 |
