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John M. Karnes, MAI, SRA, AI-GRS
JKarnes@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 MAI designation has long been recognized by courts of law, government agencies, financial institutions and investors as a mark of excellence in the field of real estate valuation and analysis.
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.
The AI-GRS membership designation is held by professionals who can provide reviews of appraisals of a wide range of property types, including commercial, industrial, agricultural, residential, vacant land and others. 

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.
EDUCATION
Caruthersville High School, Caruthersville, Missouri, Graduated: May 1986
Mississippi State University, Starkville, Mississippi
Murray State University, Murray, Kentucky , Graduated: December 1990—Bachelor’s Degree
CERTIFIED GENERAL APPRAISER IN:
Missouri • Alabama • Arkansas • Kentucky • Georgia • Illinois • Louisiana • Mississippi • Tennessee • Texas
PROFESSIONAL AFFILIATIONS

Designated member, Appraisal Institute—MAI, SRA, AI-GRS
Greater St. Louis Chapter: Appraisal Institute
Missouri Society of Farm Managers and Rural Appraisers.

APPRAISAL EDUCATION—APPRAISAL INSTITUTE
“Appraisal Principles” — University of Alabama, Tuscaloosa, Alabama
“Appraisal Procedures” — University of Alabama, Tuscaloosa, Alabama
“General Appraiser Site Valuation & Cost Approach” — St. Louis, Missouri
“General Appraiser Market Analysis and Highest & Best Use” — Overland Park, Kansas
“General Appraiser Income Approach/1” — Louisville, Kentucky
“General Appraiser Income Approach/2” — Louisville, Kentucky
“Evaluating Commercial Construction” — St. Louis, Missouri
“Report Writing and Valuation Analysis” — Louisville, Kentucky
“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
“Review Theory – General” — St. Louis, Missouri
“Uniform Appraisal Standards for Federal Land Acquisitions” — Louisville, Kentucky

SEMINARS—APPRAISAL INSTITUTE

“Appraising Convenience Stores”
“Eminent Domain and Condemnation”
“Business Practices and Ethics”
“Appraising Commercial and Complex Properties in a Historic Area”

“Valuation for Litigation Purposes”
“Eminent Domain Appraising”
“Marina Valuation Overview”
“Supervising Appraisal Trainees”
“USPAP and Appraiser Regulations”
“Valuation of Multifamily Properties”

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

SEMINARS—LOWMAN & COMPANY

“Two to Four Unit Residential Case Study”
“Appraising Manufactured & Mobile Housing”
“Residential and Commercial Appraisal Review”
“F.H.A. Appraisals”

APPRAISAL EXPERIENCE

Mr. Karnes has over twenty years of Real Estate Appraisal and Consulting experience. He 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 he was employed by William P. Dockins, MAI, SRA of Dockins Valuation Company, which was established in 1973. He purchased the company from Mr. Dockins in 2013.

His 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 he has 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 for numerous lenders, attorneys, municipalities and individuals in: Alabama, Arkansas, North Carolina, South Carolina, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Minnesota, Missouri, New Mexico, Ohio, Oklahoma, Tennessee, Texas, Virginia, West Virginia, Washington and Wisconsin.

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.