Gary R. Free, MAI, SRA

President
Free and Associates, Inc.

1100 East 6600 South, Suite 201
Salt Lake City, Utah 84121
Gary R. Free

Education - Academic

University of Utah
Bachelor of Arts Degree in Business Management

Education - Professional

Commercial Real Estate Symposium
NAIOP/CCIM, Salt Lake City, Utah, February 2008
7-Hour National USPAP Update
Appraisal Institute, Utah Chapter, May 2007
Using Your HP12C Financial Calculator
Appraisal Institute, OnLine, April 2007
St. George Symposium
Appraisal Institute, Utah Chapter, St. George, Utah, April 2007
Litigation Skills for the Appraiser
Appraisal Institute, Utah Chapter, Salt Lake City, February 2007
Commercial Real Estate Symposium
NAIOP/CCIM, Salt Lake City, Utah, January 2007
UDOT Appraisal Expectation Meeting
Utah Department of Transportation (UDOT), Salt Lake City, Utah, May 2006
Business Practices and Ethics
Appraisal Institute, OnLine, April 2006
St. George Symposium
Appraisal Institute, Utah Chapter, St. George, Utah, March 2006
Commercial Real Estate Symposium
NAIOP/CCIM, Salt Lake City, Utah, January 2006
7-Hour National USPAP Equivalent Course
Appraisal Institute, OnLine, June 2005
The Road Less Traveled Seminar
Appraisal Institute, Utah Chapter, Park City, Utah, February 2005
New Member Code of Ethics
Park City Board of Realtors, Park City, Utah, January 2005
Commercial Real Estate Symposium
NAIOP/CCIM, Salt Lake City, Utah, January 2005
Eminent Domain Update
Office of the Private Property Ombudsman / Department of Natural Resources, Salt Lake City, Utah, October 2004
St. George Symposium
Appraisal Institute, Utah Chapter, St. George, Utah, March 2004
Rates & Ratios: Making Sense of GIMs
Appraisal Institute, Utah Chapter, Park City, Utah, February 2004
Commercial Real Estate Symposium
NAIOP/CCIM, Salt Lake City, Utah, January 2004
Planning and Growth Issues
Appraisal Institute, Utah Chapter, Sandy, Utah, October 2003
Scope of Work Seminar
Appraisal Institute, Utah Chapter, Sandy, Utah, September 2003
Summer Seminar 2003
Appraisal Institute, Utah Chapter, North Salt Lake, Utah, June 2003
Small Hotel/Motel Valuation
Appraisal Institute, OnLine, June 2003
Business Practices & Ethics
Appraisal Institute, Utah Chapter, North Salt Lake, Utah, May 2003
7-Hour National USPAP Update
Appraisal Institute, Utah Chapter, North Salt Lake, Utah, April 2003
St. George Symposium
Appraisal Institute, Utah Chapter, St. George, Utah, March 2003
St. George Symposium
Appraisal Institute, Utah Chapter, St. George, Utah, March 2001
Eminent Domain: New Tools & Strategies for Public Projects in Utah
Utah State Bar, Salt Lake City, Utah, March 2001
State of the Valuation Profession
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, March 2001
St. George Symposium
Appraisal Institute, Utah Chapter, St. George, Utah, March 2000
Utah Commercial Real Estate Symposium
Utah CCIM Chapter and the Utah Chapter of the Appraisal Institute, Salt Lake City, Utah, February 2000
Successful Real Estate Investing
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, January 2000
Special-Purpose Properties: The Challenges of Real Estate Appraising in Limited Markets
Appraisal Institute, Utah Chapter, Ogden, Utah, September 1999
Standards of Professional Practice, Part C
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, May 1999
Seminar Topics for Commercial Appraisers
Appraisal Institute, Utah Chapter, St. George, Utah, March 1999
Anatomy of an Acquisition
Appraisal Institute, Utah Chapter, St. George, Utah, March 1998
Appraisal and Real Estate Issues
Appraisal Institute, Utah Chapter, St. George, Utah, March 1998
Health Care Industry Trends & Real Estate
Appraisal Institute, Utah Chapter, St. George, Utah, March 1998
Non-Residential Demo Report Writing Training
Appraisal Institute, Washington, DC, June 1997
How to Use the New Stewart Software for Comp-U-Share
Comp-U-Share, Salt Lake City, Utah, May 1997
The Wasatch Front Commercial Real Estate Market
Appraisal Institute, Utah Chapter, St. George, Utah, March 1997
The Office Sub-Market
Appraisal Institute, Utah Chapter, St. George, Utah, March 1997
Utah Department of Transportation Projects
Appraisal Institute, Utah Chapter, St. George, Utah, March 1997
Standards of Professional Practice, Part A and Utah State Law
Appraisal Institute, Utah Chapter, Murray, Utah, November 1996
Geological Concerns in Real Estate
Appraisal Institute, Utah Chapter, St. George, Utah, May 1996
Heating, Ventilation & Air Conditioning Systems in Commercial Buildings
Appraisal Institute, Utah Chapter, St. George, Utah, May 1996
Property Title Concerns
Appraisal Institute, Utah Chapter, St. George, Utah, May 1996
Technology Trends
Appraisal Institute, San Francisco Chapter, San Francisco, California, December 1995
FHA/HUD Roster Appraiser Training Course
Dept. of Housing & Urban Development, Salt Lake City, Utah, June 1995
Appraisal of Retail Properties
Appraisal Institute, Utah Chapter, St. George, Utah, March 1995
Standards of Professional Practice, Part B
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, November 1994
Standards of Professional Practice, Part A
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, November 1994
Understanding Limited Appraisals & Reporting Options – General
Appraisal Institute, Utah Chapter, Park City, Utah, September 1994
Feasibility Analysis Highest & Best Use: Non-Residential Properties
Appraisal Institute, Utah Chapter, St. George, Utah, April 1994
Residential Demonstration Appraisal Writing Workshop (Instructor)
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, January – February 1994
Subdivision Analysis
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, 1992
Reviewing Appraisals
Appraisal Institute, Utah Chapter, Salt Lake City, Utah, 1992
The Appraiser as an Expert Witness
Appraisal Institute, Los Angeles, California, 1991
Demonstration Report Writing Clinics
Various Courses, AREA, SRA

Work History

Free and Associates, Inc. President and General Manager
1976 to present
Capital Land Management, Inc. President (supervised the development of 30 single family home sites)
1978 – 1980
Commercial Security Bank Appraiser (commercial, industrial, land and residential properties)
1974 – 1976

Professional Accomplishments

MAI (Member Appraisal Institute)
Professional designation from the Appraisal Institute
MAI (Member Appraisal Institute)
Professional designation from the Appraisal Institute
SRA (Senior Residential Appraiser)
Professional designation from the Appraisal Institute
Certified General Appraiser
State of Utah, License No. 5451769-CG00
State of Wyoming, Permit No. 85
State of Idaho, License No. CGA-125
State of Nevada, License No. A.0001002-CG
Expert Witness
Qualified in the Third District Court, Fourth District Court and U.S. Bankruptcy Court
Member of
International Right-of-Way Association
Nonresidential Demonstration Report Grading Panel, Appraisal Institute
Southwest Region Review and Counseling Committee, Appraisal Institute
Vice President, Utah Chapter of Appraisal Institute
2008
2nd Vice President, Utah Chapter of the Appraisal Institute
2007
President, Utah Self Storage Association
1998
Regional Representative, Region II
Appraisal Institute 1996-1997
Executive Board Member, Utah Chapter of the Appraisal Institute
1991
President, Society of Real Estate Appraisers
Salt Lake City Chapter 1984-1985
Vice-President, Society of Real Estate Appraisers
Salt Lake City Chapter, 1980-1981
One Year Directory, Society of Real Estate Appraisers
Salt Lake City Chapter, 1980-1981
Chairman of Re-Appraisal project for the Bureau of Economic Research
University of Utah (under the direction of the Society of Real Estate Appraisers, Salt Lake Chapter), 1979-1980

Appraisal Experience

Qualified through obtaining appropriate education and experience to complete appraisals on all types of properties, including, but not limited to:

  • Raw Land
  • Subdivisions
  • Farms and Ranches
  • Historic Buildings

Residential Properties: existing, new construction, luxury, condominiums Commercial Properties: self-storage facilities, office buildings, retail buildings, shopping centers, hotels, motels, restaurants, convenience stores, fitness centers, auto dealerships, auto repair shop, bowling alleys, theaters, churches
Multiple Unit Projects: condominiums, student housing, apartment complexes
Industrial: office/Warehouse, distribution
Resort Properties: hospitality, residential, commercial, land