Hamilton & Jacobs LLC

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Hamilton & Jacobs, LLC is a professional real estate appraisal and consulting firm located in the greater Daytona Beach area. We specialize in the valuation of commercial, industrial, acreage and development properties, primarily in the Volusia and Flagler County market area. Building on a family tradition in real estate begun in 1924, our goal is to provide the highest quality of valuation services for our clients.

Financial services industry for mortgage lending and for asset classification and management purposes;
Governmental entities for state and federal grant purposes, and for acquisition and disposition services, including eminent domain;
Attorneys for estate planning, litigation and other client services;
Developers for acquisition and development needs; and,
Corporations and Individuals for buy/sell decisions, inventory analysis, asset and management planning and a myriad of other purposes.
Property owners and insurance agents for insurable value appraisals of commercial, industrial and multifamily residential properties (condominium and other owners associations).

Our principals have 25+ years of commercial real estate appraisal experience with a combined total of almost 60 years. We use a team approach to bring our wealth of valuation knowledge and experience together to better serve our clients.

01/2009: The past two years have been particularly challenging for the real estate market nationwide. The local market has not been as well insulated from these effects as it has been in some of the more recent downturns of the economy. While the housing market, and real property related to the housing market, has led the way, virtually all segments of the real estate industry are now suffering the ill effects of the current recession. And the near term outlook is for more of the same.

It is during times like these that education, training and experience have a significant impact on the reliability of professional services in the real estate industry. The principals of Hamilton & Jacobs, LLC have both earned the MAI appraisal designation from the Appraisal Institute, widely regarded as the highest level real estate appraisal designation in the world.

As economists debate the major impact of each minor fluctuation and nuance in the national marketplace, it is easy to lose sight of long term trends, chasing instead the inevitable ups and downs made worse by such predictions. Experienced, reasonable and professional analysis, focused on the specific markets in which real property competes, is needed to find sound solutions for specific real estate properties.

The principals of Hamilton & Jacobs, LLC have been through times like these before. From the more serious recession of the early 1980’s through the less serious, but still painful, downturns that we have experienced since, we have provided professional valuation services for a wide spectrum of properties in this same market for the past 25 to 30+ years. Experience matters. And we are here to put that experience to work for you!

2008: Glen F. Jacobs, a founding member of Hamilton & Jacobs, LLC, has left our firm to pursue interests in another career. He had spent the past 20+ years as a commercial real estate appraiser in Central and East Central Florida. We value his friendship and wish him well in his new venture.

2007: Over the past decade, hurricanes and tropical storm systems have caused billions of dollars of damage to coastal properties in Florida, resulting in record insurance claims. As a result, insurance companies have raised premiums, restricted coverage, canceled policies, or have stopped writing policies in Florida altogether. As a result many property owners could not obtain insurance coverage.
In response, Citizens Property Insurance was created by the Legislature in 2002 to offer property coverage to Floridians without private insurance options. Many policies offered by Citizens Property Insurance require an estimate of replacement cost to be provided by State Certified General Real Estate Appraisers.
The principals and associates of Hamilton & Jacobs, LLC have been providing opinions of replacement costs, or insurable value appraisals for property owners since the 1970’s. We have the required certifications, and are familiar with the appraisal requirements of Citizens, as well as other insurers. Our firm has successfully prepared insurable value appraisals on virtually all property types. If you find that you, or your clients are in need of an insurable value appraisal, or appraisal services for any other purposes pertaining to real property, we would be glad to provide you with information on how we can meet your needs.

2005: It is with great pleasure that we announce the formation of Hamilton & Jacobs, LLC, a professional real estate appraisal firm specializing in the valuation of commercial and industrial real estate, acreage, and litigation valuation services. Our primary market area is the East Coastal Florida areas of Volusia and Flagler Counties.
Through three generations since 1924, the Hamilton name has stood for honesty, integrity, and quality in the local real estate market. Fifty years ago the focus turned to real estate appraising and consulting services, incorporating these same principles and ideals.

Now, together with Glen Jacobs, our firm has over 70 years of combined commercial appraisal experience, with each appraiser having at least 20 years of appraisal experience. We will continue to incorporate time honored ethics, high appraisal standards, local expertise and current technology to provide professional services that are relevant in today’s market. We have been honored to serve our clients with high quality valuation services during our many years, and we pledge to continue in that long tradition in the years to come.