Richard C. Sorenson, MAI is the principal of Appraisal Management Consultants, a firm specializing in assisting financial institutions with appraisal review, real estate valuation management and training. He reviews more than 300 commercial appraisals annually for about 20 community/regional financial institutions.
Mr. Sorenson was previously with First Chicago, 1958-1996, in various appraisal and management positions, and was the 1995 national president of the Appraisal Institute. He teaches appraisal courses for various educational providers. and has since developed and presents one-day commercial and residential review seminars based on the book. In 2005, Mr. Sorenson was presented the “Heritage Award” for continuous dedicated service in the advancement of the appraisal profession and the Chicago Chapter of the Appraisal Institute.