NMREC is a full service real estate appraisal and consulting firm located in Traverse City and generally serving the Lower Peninsula of Michigan (outside the greater southeast Michigan metropolitan area) including the entire Upper Peninsula of Michigan. We also travel throughout all of Michigan and to several mid-western states for hospitality appraisals. We are always available to discuss your real estate questions. Our initial consultation is free. Whether it’s an appraisal of your home or a feasibility analysis for your business we are available to discuss the assignment thoroughly before our work is started.

Office Staff

The firm is headed by its owners Michael Tarnow and Mark Faucher, both hold the MAI designation with the Appraisal Institute. There are four other licensed and state certified appraisers in the firm. Licensed appraisers specialize in residential appraisals and are approved to perform appraisals for most lenders. The certified staff members are able to appraise properties ranging from the smallest properties to the largest and most complex in the state.

Appraisal Institute

The Appraisal Institute is the premier national appraisal society. Its history goes back to the early 1930s. The MAI designation is only granted to individuals who have gone through a rigorous training program over a period of at least five (5) years. The requirements include a demonstration appraisal report and a comprehensive examination. Appraisers who have achieved the MAI designation are recognized as having reached the pinnacle of their profession.