Dominick DeCherico
*** *** ****** ****, ********, NJ 07728
Home: 732-***-**** │ Cell: 917-***-****
E-mail: etd81k@r.postjobfree.com
Real Estate Managing Appraiser, enthusiastically exploring opportunities to continue a successful career in the appraisal profession. As a key member of an organization that relies heavily on timeliness of performance to accomplish goals, I place a strong emphasis on quality control and review and management of appraisals and appraisers.
Professional Experience
Dominick DeCherico Appraisals - Freehold, NJ
Independent Residential Appraiser/Consultant 6/2009 to present
Twenty years in the real estate appraisal field has exposed me to a multitude of experiences, supplying both academic and practical lessons. My extensive industry-specific education and experience in personally performing and/or supervising more that 10,000 residential real estate appraisals has made me an expert in all matters concerning residential real estate valuation. I have been called on to offer expertise in real estate appraising quality control review, and reconciliation of property value for secondary marketing/investor disputes, including R.E.O. properties and all phases of foreclosure related transactions. Likewise, I have been repeatedly requested by NY Supreme Court Justices to provide expert testimony in real property disputes involving shareholder disputes, divorce, dissolution and bankruptcy proceedings.
Victory Mortgage – Staten Island, NY
Manager – Appraisal Services 1/2003 to 6/2009
Responsible for quality control and overall appraisal management for a mortgage brokerage company working with more than 30 independent real estate appraisers, while also working as an independent consultant for a limited selection of mortgage brokerages and bankers.
DeCherico Associates – Staten Island, NY
Managing Real Estate Appraiser/Consultant 1/1995 to 1/2003
New York and New Jersey Certified Real Estate Appraiser
• Built and maintained a professional business providing real estate appraisal and related market research services.
• Managed 15 appraisers averaging more than 50 appraisals per week, providing service to local and national clients.
• Experienced in appraising single and multi-family residences, condominiums, raw land and commercial mixed use properties.
• Provided master appraisals for subdivisions and multimillion dollar unique special purposes properties.
• Presented appraisals for determining market for tax assessment disputes, insured value, loss of use and partial ownership valuations regarding rights of ownership, easements, divorce, and estate matters.
• Supplied expert testimony in property rights, easement, foreclosure, and divorce proceedings.
• Provided secondary review of appraisal reports on local and out of state properties for clients including state and federal government agencies, attorneys, local and national lenders and relocation companies.
• Extensive experienced in national field desk reviews.
• Served as third party mediator in disputes over valuation between financial institutions.
First Nationwide Bank – New York, NY
Assistant Chief Appraiser 1/1990 to 1/1995
• Responsible for managing the daily operations of the Eastern Region with concentration on the New York Metropolitan area, New Jersey, Connecticut and Pennsylvania.
• Monitored production and quality of appraisal services throughout the east coast of the United States.
• Managed a review staff of 16 staff appraisers and more than 120 contract appraisers.
• Assisted in designing corporate computer systems for monitoring production and quality of services to internal departments utilizing appraisal services within the company.
• Maintained departmental budget and provided reporting and recommendations to upper management.
• Initiated mixed use of company personnel and independent contractors for maximizing production revenue return.
• Responsible for the review of appraisal reports for staff and independent fee appraisers.
• Maintained and monitored fee panel appraiser list for quality control and service issues.
• Advised senior management on special assignments including unique and multimillion dollar valued properties.
Education, Licenses and Certifications:
Kingsborough Community College
Associates Degree
Computer Science and Business Administration – 1980
Partial list of professional course work:
• G1- Introduction to Income property valuation
• G2- Income Property valuation
• G3- Applied Income Property Valuation
• National USPAP update 2007
• Appraisal Education Network-H.U.D. / F.H.A. Certification Workshop
• Phase I Environmental Inspection & the Appraiser Course
• HUD Certification Workshop
• Analyzing Investment Properties
• Tax Assessment Review and the Appraiser
• New York University-Principles of Real Estate Appraisal
• Appraisal Institute- Various Seminars
• New York Real Estate Institute- Various Seminars
Qualified expert witness - N.Y. Supreme Court
• Called upon multiple times at Court’s request to provide independent appraisals and expert testimony.
Licenses and Memberships:
• New York State Certified Residential Appraiser
• New Jersey State Certified Residential Appraiser
• National Association of Real Estate Appraisers – CREA Designation
• New York State Certified Real Estate Agent
• New York State Insurance Broker License (Non-active)
• United States Marine Corps League –Active
• United States Marine Corps – Secret Security Clearance