John M. Karnes, MAI, SRA, AI-GRSJKarnes@DockinsValuation.net
Mr. Karnes holds the Appraisal Institute's MAI, SRA and AI-GRS membership designations.
The MAI membership designation is held by professionals who can provide a wide range of services relating to all types of real property, such as providing opinions of value, evaluations, review, consulting and advice regarding investment decisions, among others. Property types may include commercial, industrial, agricultural, residential, vacant land and others.
To become a MAI Designated member of the Appraisal Institute, an individual must:
- Have good moral character;
- Meet standards and ethics requirements;
- Pass rigorous education requirements;
- Pass a final comprehensive examination;
- Submit specialized experience which must meet strict criteria; and
- Receive credit for the demonstration of knowledge requirement.
The SRA membership designation is held by professionals who can provide a wide range of services relating to residential properties, including providing opinions of value, evaluations, reviews, consulting and advice regarding investment decisions, among others.
To become a SRA Designated member of the Appraisal Institute, an individual must:
- Have good moral character;
- Meet standards and ethics requirements;
- Pass rigorous education requirements;
- Submit residential experience which must meet strict criteria; and
- Receive credit for the demonstration of knowledge requirement.
To become an AI-GRS Designated member of the Appraisal Institute, an individual must:
- Have good moral character;
- Meet standards and ethics requirements;
- Meet special education requirements;
- Pass a comprehensive examination; and
- Possess experience in general appraisal review that meets specific standards.
Designated members agree to adhere to the Appraisal Institute code of professional ethics and standards of professional appraisal practice, underscoring their commitment to sound and ethical professional practice. Continuing education requirements help designated members stay informed of developments pertaining to real property valuation and review, enabling them to provide information to clients that reflects the latest in professional practice.
He and his wife Heather live in Cape Girardeau, have three children and are active members of St. Mary Cathedral of the Annunciation.
Caruthersville High School, Caruthersville, Missouri, Graduated: May 1986
Mississippi State University, Starkville, Mississippi
Murray State University, Murray, Kentucky , Graduated: December 1990—Bachelor’s Degree
• Alabama Certified General Real Property Appraiser No. G00932
• Arizona Certified General Real Estate Appraiser No. CGA-1029780
• Arkansas Certified General Real Estate Appraiser No. CG3300N
• Georgia Certified General Real Property Appraiser No. 341819
• Illinois Certified General Real Estate Appraiser No. 553.001997
• Kentucky Certified General Real Estate Appraiser No. 004560
• Louisiana Certified General Real Estate Appraiser No. 3016
• Mississippi Certified General Real Estate Appraiser No. GA-994
• Missouri Certified General Real Estate Appraiser No. RA 003164
• Montana Certified General Real Estate Appraiser No. REA-GAG-LIC-16018
• New York Certified General Real Estate Appraiser No. 46000054152
• North Carolina Certified General Real Estate Appraiser No. A8453
• Pennsylvania Certified General Appraiser No. GA004700
• Tennessee Certified General Real Estate Appraiser No. 00004531
• Texas Certified General Real Estate Appraiser No. TX 1380018 G
• Virginia Certified General Real Estate Appraiser No. 4001018528
• Washington Certified General Real Estate Appraiser No. 23024772
• Wyoming Certified General Real Estate Appraiser No. AP-1765
Designated member, Appraisal Institute—MAI, SRA, AI-GRS
Greater St. Louis Chapter: Appraisal Institute
Missouri Society of Farm Managers and Rural Appraisers
National Association of Realtors
Missouri Realtors
“Appraisal Principles” — University of Alabama, Tuscaloosa, Alabama
“Appraisal Procedures” — University of Alabama, Tuscaloosa, Alabama
“Residential Site Valuation & Cost Approach” — Louisville, Kentucky
“Residential Market Analysis and Highest & Best Use” — Louisville, Kentucky
“General Appraiser Site Valuation & Cost Approach” — St. Louis, Missouri
“General Appraiser Sales Comparison Approach” — Louisville, Kentucky
“General Appraiser Market Analysis and Highest & Best Use” — Overland Park, Kansas
“General Appraiser Income Approach Part 1” — Louisville, Kentucky
“General Appraiser Income Approach Part 2” — Louisville, Kentucky
“Evaluating Commercial Construction” — St. Louis, Missouri
“Advanced Sales Comparison and Cost Approaches” — Louisville, Kentucky
“Advanced Income Capitalization” — Denver, Colorado
“Advanced Market Analysis and Highest & Best Use” — Louisville, Kentucky
“Advanced Applications” — Louisville, Kentucky
“Evaluating Commercial Construction” — St. Louis, Missouri
“Real Estate Finance, Statistics and Valuation Modeling” — Nashville, Tennessee
“Report Writing and Valuation Analysis” — Louisville, Kentucky
“Review Theory – General” — St. Louis, Missouri
“Uniform Appraisal Standards for Federal Land Acquisitions” — Louisville, Kentucky
LITIGATION PROFESSIONAL DEVELOPMENT REGISTRY—APPRAISAL INSTITUTE
“The Appraiser as an Expert Witness: Preparation and Testimony” — Indianapolis, Indiana
“Litigation Appraising: Specialized Topics and Applications” — University of Cincinnati
“Condemnation Appraising: Principles & Applications” — Louisville, Kentucky
CONTINUING EDUCATION—APPRAISAL INSTITUTE
“Appraising Commercial and Complex Properties in a Historic Area”
“Appraising Convenience Stores”
“Appraisal of Medical Office Buildings”
“Business Practices and Ethics”
“Eminent Domain and Condemnation”
“Forecasting Revenue”
“Marina Valuation Overview”
“Supervising Appraisal Trainees”
“USPAP and Appraiser Regulations”
"Valuation of Solar-Residential and Commercial"
“Valuation for Litigation Purposes”
“Valuation of Multifamily Properties”
“Inconsistency: It’s Hiding in Plain Sight in Your Appraisal”
“Desktop Appraisals: (Bifurcated, Hybrid) and Evaluations”
APPRAISAL EDUCATION—LOWMAN & COMPANY NATIONAL REAL ESTATE APPRAISAL SCHOOL
“Foundations of Real Estate Appraisal” — St. Louis, Missouri
“Appraising the Single Family Residence” — St. Louis, Missouri
“The Uniform Standards of Professional Appraisal Practice” — Sedalia, Missouri
“Principles of Income Capitalization” — Sedalia, Missouri
“Real Estate Appraisal Applications” — Sedalia, Missouri
More than twenty five years of Real Estate Appraisal and Consulting experience: I began appraising Real Estate in June 1993 at Jones Appraisal Service in Caruthersville, Missouri; later owning and operating Karnes Appraisal Service and Evergreen Management & Development in Caruthersville, Kennett and Cape Girardeau, Missouri. In 2005 I was employed by William P. Dockins, MAI, SRA of Dockins Valuation Company and purchased the company in 2013.
My experience includes preparation and review of appraisals and feasibility studies on a variety of existing and proposed properties, with a specialty in triple-net leased property valuations. Interests appraised include, fee-simple, leased-fee, leasehold and various partnership interests. Property types I have appraised include single- and multi-family residential, apartment complexes, convenience stores, community and neighborhood shopping centers, regional malls, distribution centers, agricultural land, waterfront properties, hotels, industrial/warehouse properties, restaurants, funeral homes, office buildings, medical facilities, residential subdivisions, and condemnation projects. Clients include numerous lenders, attorneys, municipalities and individuals in over 32 States: Alabama, Arizona, Arkansas, North Carolina, South Carolina, Florida, Georgia, Illinois, Indiana, Idaho, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Montana, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, West Virginia, Washington, Wisconsin and Wyoming.
APPROVED APPRAISER
• Missouri Department of Transportation (MoDot)
• Federal Housing Administration (FHA)
He has qualified as an expert witness in the United States District Court, Eastern District of Missouri as well as various Circuit Courts throughout the region and has given deposition and testimony in numerous Ad Valorem tax hearings, estate settlement cases and other litigation.
Expert Witness: Qualified as expert witness in the United States District Court, Eastern District of Missouri as well as various Circuit Courts throughout the region. Testified before the Missouri State Tax Commission and the Property Tax Appeal Board of Illinois.
SCOPE OF PAST ASSIGNMENTS
Fair Market Rental Estimates
Valuations for Assessment Purposes
Buyer/Seller Transactions
Highway Acquisitions and Eminent Domain
Insurance Appraisals
Appraisal Review
Income Property (Leased Fee) Valuations
Relocation Appraisals
Going-Concern Valuations
Absorption Studies
Estate Appraisals
Feasibility Studies