Rick Smith, MAI, AI-GRS, ASA

Rick Smith is a Senior Real Estate Analyst with over 30 years of experience in real estate appraisal and consulting. Mr. Smith’s experience includes a wide variant of property types including C-stores and gas stations, restaurants, bars/taverns, movie theaters, glamping facilities, hospitality properties, master planned communities, ranches and large land tracts, conservation easements, charter and private schools, senior housing, Section 8 and LIHTC apartments.

Mr. Smith’s has geographical experience in Nevada, Utah, Arizona, Idaho, New Mexico, and in California along the Colorado River communities. Prior to joining CBRE in 2019, Mr. Smith was president of RCS Appraisal, Inc., a regional real estate appraisal firm serving the southwest region for over 20 years. Mr. Smith entered the appraisal profession in 1986 in Phoenix, Arizona, where he was employed by Burke Hansen, Inc. In 1990, he was employed by Security Pacific Bank, where he began a six-year tenure working for several regional and national banks in various appraisal policy and management capacities, including Bank of America and U.S. Bancorp. In 1996, Mr. Smith left the banking profession working for nearly two years with the accounting firm of Piercy, Bowler, Taylor & Kern in Las Vegas as a manager in their real estate, hospitality, and gaming valuation division.

Education

• Arizona State University, Bachelor of Arts – Foreign Language (Spanish) - Graduate Study – Instructional Design
• Brigham Young University – Undergraduate Study – Organizational Communications & Foreign Language

Specialized Training

• Appraising Convenience Stores
• Allocating Components in Going Concerns
• Valuation of Conservation Easements
• Fundamentals of Separating Real Property, Personal Property, an Intangible Business Assets
• Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book)
• Appraisal Review Theory

Professional Affiliations / Accreditations

• Appraisal Institute – Designated Appraiser (MAI)
• Appraisal Institute – Designated Appraiser (AI-GRS)
• American Society of Appraisers – Designated Appraiser (ASA)
• Nevada Certified General Real Estate Appraiser (License No. A.0000135-CG)
• Arizona Certified General Real Estate Appraiser (License No. 30558)
• Utah Certified General Real Estate Appraiser (License No. 5450513-CG00)
• Idaho Certified General Real Estate Appraiser (License No. CGA-4041)

Clients Represented