Flight Level Partners Co-Founder, Corey DeWitt Advances to "Senior Appraiser"

Corey DeWitt, ASA

Flight Level Partners is thrilled to announce the recent accomplishment of our Co-Founder, Corey DeWitt, who has advanced from an Accredited Member (AM) to Accredited Senior Appraiser (ASA) in Machinery & Technical Specialties in the aircraft subspecialty, with the American Society of Appraisers (ASA). This significant milestone reflects Corey's dedication, hard work, and expertise in the aircraft appraisal field.

The American Society of Appraisers is a renowned, multi-disciplinary organization dedicated to the advancement of the appraisal profession. Earning the prestigious ASA designation requires meeting stringent education, experience, and ethical requirements. By achieving this designation, Corey has demonstrated his commitment to upholding the highest standards in aircraft appraisal.

Corey's journey in the aviation industry began with a love for aircraft and an innate curiosity about their intricacies. Over the years, he has honed his skills and knowledge, leading to his involvement in countless appraisals. His vast experience in the field has given him unique insights into aircraft valuation, which has helped Flight Level Partners build a solid reputation for delivering accurate and reliable valuations.

At Flight Level Partners, Corey is known for his passion for aviation and his unwavering commitment to providing top-notch customer service. He continually strives to improve his skills and stay up-to-date with the latest industry trends and advancements, ensuring that Flight Level Partners remain at the forefront of the aircraft appraisal industry.

As an ASA, Corey will continue to contribute to the growth and success of Flight Level Partners by offering clients the most accurate and reliable aircraft appraisals possible. His expertise will play a crucial role in helping clients make informed decisions regarding their aviation investments, based on sound valuation methodologies and thorough market analysis.

Flight Level Partners is incredibly proud of Corey's achievement and his commitment to excellence in the field of aircraft appraisal. We are excited to see how his expertise will continue to benefit our clients and contribute to the overall success of the company.

For more information about Corey DeWitt, ASA, and the services offered by Flight Level Partners, please visit our website or contact us directly. We are always eager to share our passion for aviation and help clients achieve their private aviation goals.

Cameron Tipton, ASA, ARM, Featured in the Appraisal Review & Management (ARM) E-Journal by the American Society of Appraisers with "Assessing Competency" Article

Flight Level Partners is excited to announce that co-founder Cameron Tipton, ASA, ARM, has been published in the Appraisal Review & Management (ARM) e-journal from the American Society of Appraisers (ASA). This publication showcases the expertise and insights of appraisal review and management professionals worldwide.

In the article titled "Assessing Competency," Tipton delves into the intricacies and importance of assessing competency in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP). He highlights the need for consistently questioning one’s competency to solve the appraisal problem at hand and investigates the actions that need to be taken if that competency check is not met.

At Flight Level Partners, Tipton's dedication to the appraisal profession and aviation industry is evident in the quality of services offered to clients. He is known for his unwavering commitment to educating clients and helping them navigate the complexities of private aviation.

Flight Level Partners is incredibly proud of Cameron's accomplishment in having his "Assessing Competency" article published in the ARM e-journal and looks forward to his continued contributions to the appraisal profession and business aviation industry. As the company continues to grow and excel, it remains dedicated to providing the highest level of service and expertise to clients.

For those interested in learning more about Cameron Tipton, ASA, ARM, and the services offered by Flight Level Partners, feel free to explore the website or contact the team directly. They are always eager to share their passion for aviation and help clients achieve their private aviation goals.

Time Capsule: Cameron Tipton and Corey DeWitt Receive Rising Star Awards from the American Society of Appraisers

Flight Level Partners is proud to announce that co-founders, Cameron Tipton, ASA, ARM, and Corey DeWitt, AM, were awarded the "Rising Star Award" from the American Society of Appraisers (ASA) at the ASA's International Conference in 2022. Cameron received his award in the Appraisal Review and Management (ARM) discipline, while Corey received his in the Machinery and Technical Specialties (MTS) discipline. Both Cameron and Corey are aircraft appraisers and their recognition is a testament to their expertise and dedication to their profession.

Corey DeWitt, AM (Left) and Cameron Tipton, ASA, ARM (Right) stand with ASA’s CEO Johnnie White

The "Rising Star Award" recognizes individuals who have made significant contributions to the appraisal profession and have demonstrated exceptional potential for leadership and continued growth. It was an honor for Cameron and Corey to receive this award, and we are proud of their achievements.

Cameron's ARM designation, combined with his ASA designation, makes him a highly qualified and respected expert in the aviation industry. His expertise in appraisal review and management, combined with his extensive experience in aircraft appraisals and market analysis, provides our clients with a unique perspective and comprehensive approach to managing their aviation assets.

Corey's recognition within the MTS discipline is a strong reflection on his ability to perform complex analysis and provide an in-depth valuation. His knowledge and experience in the technical aspects of aircraft appraisals are an invaluable asset to our clients.

At Flight Level Partners, we are passionate about providing our clients with the highest level of expertise and service, and Cameron and Corey's recognition as "Rising Stars" is a reflection of our commitment to excellence.

“We are deeply honored and humbled to receive this recognition from our peers. This is a profession that takes a great network to be successful and I am thrilled to call so many of my colleagues friends. Thanks to the ASA for providing a great platform of education and networking” - Cameron Tipton.

Contact us today to learn more about our aircraft appraisal services and how we can help you achieve your aviation goals.

Flight Level Partners Co-Founder Cameron Tipton Completes New Appraisal Management Training with ASA

We are excited to announce that Cameron Tipton, ASA, ARM, co-founder of Flight Level Partners, has successfully completed the Appraisal Review and Management (ARM) 203 course offered by the American Society of Appraisers (ASA). The ARM program is designed to provide professionals with the skills and knowledge they need to manage multifaceted appraisals effectively and perform appraisal reviews.

Cameron's completion of the ARM program is a testament to his dedication to ongoing professional development and his commitment to providing our clients with the highest level of expertise and service. At Flight Level Partners, we are passionate about staying at the forefront of our industry and continuously expanding our knowledge and skills to better serve our clients.

The ARM program focuses on appraisal review and management and covers a range of topics, including the appraisal review process, appraisal management, and program design. The AR203 course emphasizes the importance of effective communication, collaboration, and leadership in managing multifaceted appraisal assignments. This can include managing appraisers across multiple disciplines or sub-specialties within your own discipline.

Cameron's ARM designation, combined with his ASA (Accredited Senior Appraiser) designation, makes him a highly qualified and respected expert in the aviation industry. His expertise in appraisal review and management, combined with his extensive experience in aircraft appraisals and market analysis, provides our clients with a unique perspective and comprehensive approach to managing their aviation assets.

Flight Level Partners is committed to providing our clients with the highest level of expertise and service. We are proud of Cameron's achievement in completing the ARM program, and we look forward to continuing to deliver exceptional aircraft appraisal and appraisal management services to our clients.

The completion of the ARM program demonstrates his ongoing commitment to professional development and his dedication to providing our clients with the highest level of expertise and service. At Flight Level Partners, we are proud to have Cameron on our team and look forward to providing enhanced services to our clients. Contact us today to learn more about our aircraft appraisal and appraisal management services and how we can help you achieve your aviation goals.

Interest Rates on the Rise: How to Secure the Best Rates on Aircraft Financing

With rising interest rates, aircraft buyers need to be more mindful than ever before when securing financing for their aircraft purchase. One of the most effective ways to ensure you're getting the best financing deal is to use an aircraft appraisal to shop rates with different banks.

At Flight Level Partners, we understand the challenges that aircraft buyers face when it comes to financing their aircraft purchase. With interest rates on the rise, it's critical to shop around to secure the best financing terms. Using an aircraft appraisal is a powerful tool that can help buyers get the best rates from different banks.

An aircraft appraisal is a professional assessment of an aircraft's value, condition, and overall quality. The appraisal provides critical information that lenders need to determine the aircraft's value and decide whether to approve financing. When shopping rates with different banks, an aircraft appraisal can provide the benchmark that lenders need to make an informed decision and offer the best possible terms.

By using an aircraft appraisal to shop rates with different banks, buyers can compare financing offers side-by-side and negotiate with confidence. Armed with an accurate appraisal report, buyers can enter into negotiations with lenders, knowing the aircraft's true value. Appraisals provide a benchmark that can help buyers determine a fair price and prevent them from paying more than they need to.

Moreover, using an aircraft appraisal can help buyers identify any underlying issues that may impact financing terms. For example, an aircraft appraisal can identify issues such as shortfalls in purchase price to value or souring market conditions. By identifying these issues early on, buyers can take steps to address them and improve their financing options.

It's important to note that not all appraisals are created equal. When shopping rates with different banks, buyers should use an appraisal that complies with the Uniform Standards of Professional Appraisal Practice (USPAP) and is written by an American Society of Appraisers (ASA) designated aircraft appraiser. These designations ensure that the appraisal meets the highest standards of accuracy and professionalism, providing buyers with the confidence they need to shop rates with different banks.

In conclusion, using an aircraft appraisal to shop rates with different banks is a powerful tool that can help buyers secure the best possible financing terms. By providing a benchmark that lenders can use to make an informed decision, buyers can compare financing offers side-by-side and negotiate with confidence. At Flight Level Partners, we provide comprehensive aircraft appraisal services that comply with USPAP and are written by ASA designated aircraft appraisers. Contact us today to learn more about how we can help you secure the best financing terms for your aircraft purchase.

Desktop or In-Person Appraisal? The Pros & Cons

Introduction

When it comes to valuing an aircraft, appraisals are essential in determining its current market value. This process is especially important during transactions, such as buying, selling, or financing an aircraft. Today, aircraft appraisals can be conducted either as desktop appraisals or in-person appraisals. Each method has its pros and cons. In this blog post, we'll explore the differences between desktop and in-person aircraft appraisals, and help you decide which option is best for your specific needs.

Desktop Appraisals

A desktop appraisal, as the name suggests, is conducted remotely, utilizing digital tools and resources to evaluate an aircraft's value. Here are some of the key aspects of desktop appraisals:

1. Time and cost-efficiency: Desktop appraisals are typically faster and more cost-effective than in-person appraisals. Since the appraiser doesn't need to travel to the aircraft's location, expenses such as travel and accommodation costs are eliminated. The turnaround time is also shorter, as the appraiser can work on multiple projects simultaneously.

2. Limited information: Desktop appraisals are as reliable as the information provided to the appraiser. Appraisers can't inspect the aircraft physically and must rely on the data provided by the owner or seller. This limitation could result in less accurate valuations if the information is outdated or incomplete.

3. Best for most straightforward assignments: Due to their limitations, desktop appraisals are often best suited for pre-purchase evaluations or financing decisions for an aircraft that has been operated in standard conditions and with no damage history.

In-Person Appraisals

In-person appraisals involve a professional appraiser visiting the aircraft's location to conduct a thorough inspection. Here are some of the key aspects of in-person appraisals:

1. Comprehensive inspection: In-person appraisals offer a more thorough evaluation of the aircraft. The appraiser can inspect the aircraft's interior and exterior, scrutinize maintenance records, and assess the aircraft's overall condition. This hands-on approach could result in a more accurate valuation.

2. Higher cost and longer turnaround time: As the appraiser needs to travel to the aircraft's location, in-person appraisals are more expensive and time-consuming than desktop appraisals. The appraiser's travel and accommodation expenses must be factored into the cost, and the overall appraisal process will take longer due to travel time.

3. Ideal for high-stakes transactions: In-person appraisals are best suited for high-stakes transactions, such as litigation support. The comprehensive inspection provided by an in-person appraisal can uncover potential issues or discrepancies that might not be evident in a desktop appraisal.

Conclusion

Both desktop and in-person aircraft appraisals have their merits and limitations. Desktop appraisals are ideal for most applications, offering a time and cost-efficient way to determine an aircraft's approximate value. In contrast, in-person appraisals provide a more comprehensive valuation, making them a better choice for high-stakes transactions.

Ultimately, the choice between desktop and in-person appraisals will depend on your specific needs, budget, and the level of detail required for your valuation. It's crucial to select a qualified and reputable appraiser, regardless of the method you choose, to ensure an accurate and reliable aircraft appraisal.