Commercial Real Estate Appraiser/Realtor

Born and raised in Fairhope, Alabama, Sellers Payne was introduced to the appraisal industry while working with his father and mentor. While attending the University of South Alabama, he began managing his father’s appraisal office, which included assisting in residential and commercial reports. Upon moving to the Mississippi Gulf Coast in 2011 he began working for Hancock/Whitney Bank in the commercial appraisal department. Here, he expanded his experience by reviewing and ordering commercial appraisal reports throughout the Southeast. Four years later, Mr. Payne was recruited by The McEnery Company, a regional firm, to open a new satellite office on the Mississippi Gulf Coast where he gained significant experience in appraising a multitude of commercial property types before returning to his home state in 2016, where he worked as a senior appraiser at Heron Valuation Group, before opening his own firm. Mr. Payne is also actively involved in the buying and selling of commercial real estate.

SCOPE OF APPRAISAL EXPERIENCE

Appraisal experience consists of a wide variety of valuation and review assignments, including income‐producing commercial properties, senior housing, medical offices, hotels, multi‐family, LIHTC developments, industrial and special‐use properties, residential valuations and subdivisions, and vacant tracts of land.

EDUCATION

The University of South Alabama, Mobile, AL

DEGREE: Bachelor of Science

MAJOR: Business Finance

APPRAISAL EDUCATION

Appraisal Principles

Appraisal Procedures

Uniform Standards of Professional Appraisal Practice (USPAP)

General Income Approach Part 1

General Income Approach Part 2

General Sales Comparison Approach

General Site Valuation and Cost Approach

General Market Analysis and Highest and Best Use

General Report Writing and Case Studies

Mr. Payne has completed both residential and commercial education courses. He has maintained state licensing requirements by completing continuing education courses and seminars sponsored by the Appraisal Institute and other real estate factions. Mr. Payne is also actively involved in representing clients for real estate transactions.

MEMBERSHIPS, LICENSES & PROFESSIONAL AFFILIATIONS

State of Alabama Certified General Real Estate Appraiser, License No. G01161

State of Mississippi Certified General Real Estate Appraiser, License No. GA 1124

State of Florida Certified‐General Real Estate Appraiser, License No. RZ3847

State of Alabama Real Estate Sales Person, License No. 115146

Associate Member of the Appraisal Institute