Matt Pennebaker, ARA
Matt Pennebaker, ARA has been in the Agricultural Real Estate Appraisal business in California since 1995 and the Agricultural Real Estate Brokerage business since 2015. He is currently the President and owner of Advanced AG Realty & Appraisal. Mr. Pennebaker specializes in the appraisal and brokerage of Agricultural real estate properties throughout California. Mr. Pennebaker currently holds the designation of Accredited Rural Appraiser (ARA), the highest rank and only title conferred on rural appraisers by the ASFMRA. He also holds a California Bureau of Real Estate Broker license (#01987838) and Certified General Real Estate Appraisal license (#AG030405) with the State of California.
Education:
- Real Estate Broker – Licensed with the California Bureau of Real Estate
- Real Estate Appraiser – Certified General License with California Bureau of Real Estate Appraisers
- Accredited Rural Appraiser (ARA)–American Society of Farm Managers and Rural Appraisers
- Certified Auctioneer with Honorary Title of Colonel – Missouri Auction School
- Bachelor of Science Degree – California State University, Fresno – Agricultural Business
Professional Education:
- American Society of Appraisers (ASA)
SE 100 – Uniform Standards of Appraisal Practice (USPAP)
RP203 – Advanced Income Capitalization
ALL215 – Appraisal Report Writing
- American Society of Farm Managers and Rural Appraisers (ASFMRA)
A-10 – Fundamentals of Rural Appraisal
A-12 – Code of Ethics
A-20 – Principles of Rural Appraisal
A-25 – Eminent Domain
A-27 – Income Capitalization
A-29 – Highest and Best Use
A-300 – Advanced Rural Appraisal
Lease Valuation
Conservation Easement Seminar
Dry on the Vine Technology (DOV) Seminar
Tax Deferred 1031 Exchange Course
- Appraisal Institute (AI)
I 120 – Appraisal Procedures
I 550 – Advanced Applications
Uniform Appraisal Standards for Federal Land Acquisitions
Appraisal Consulting Course
The Appraiser as an Expert Witness Course
Professional History:
- Broker/Appraiser -President, Advanced AG Realty & Appraisal – October 2015 to Present
- Board of Director – Ag Lenders Society – March 2019 to Present
- Regional Committee – Trends in Agricultural Land & Lease Values –Region 4 – 2018 to Present
- Senior Appraiser -Fresno Madera Farm Credit/Premier Ag Appraisal – March 2002 to 2015
- Co-Regional Chair -Trends in Agricultural Land & Lease Values –ASFMRA- 2008 to 2012
- Appraiser -Self Employed – Associate of Corriea-Xavier Inc. – Sept. 1995 to March 2002
- Farm Operations -D.W. Ketscher Trust –Pesticide Applicator -Equipment Operator –Class A Truck Driver- Stocker/Cattle Operations – 1989 to 1996
Qualified Expert Witness:
- High Speed Rail Authority – California DOT – Ag Real Estate Consulting & Expert Witness: Madera – Fresno – Kings – Tulare – Kern Counties
- Fresno County Superior Court – Ag Real Estate Expert Witness
- Tulare County Superior Court – Ag Real Estate Expert Witness
Professional Affiliations:
- ASFMRA – American Society of Farm Managers and Rural Appraisers – Member
- Fresno MLS – Multiple Listing Service – Member
- Ag Lenders Society – Current Board of Director and Member
- FAR – Fresno Association of Realtors – Broker, Member
- CAR – California Association of Realtors – Broker, Member
- Fresno County Farm Bureau – Member
- Farmer Mac – Preferred Appraiser List (PAL Appraiser)
Community Outreach/Charitable Support:
- Sweet Nectar Society – Proud Donor & Volunteer
- Reedley 4-H and FFA Market Buyer – Proud Fair Animal Project Supporter
- New Covenant Community Church – Proud Member
- St. Jude Children’s Hospital – Proud Donor
- American Cancer Society – Proud Donor
Allan J. Barros, ARA
Allan Barros has been in the real estate appraisal business since 1985. He is currently Vice President for Advanced Ag Realty & Appraisal and does work throughout the Central and Southern San Joaquin Valley. He has also appraised property in Nevada and Utah. He has served as an expert witness assisting such clients as local law firms and large business entities. His specialties include poultry operations, dairies, dehydrators, packing houses, hullers and processors. Allan holds the professional designation of Accredited Rural Appraiser (ARA), the highest appraisal designation of the American Society of Farm Managers and Rural Appraisers which is awarded to only those that have years of experience, are technically trained, passed a rigid examination and subscribe to a high code of ethics. Mr. Barros is certified by the State of California as a Certified General Real Estate Appraiser, Certificate Number AG003540.
Education:
- Real Estate Appraiser – Certified General License with California Bureau of Real Estate Appraisers
- Accredited Rural Appraiser (ARA)–American Society of Farm Managers and Rural Appraisers
- Bachelor of Science Degree California State University, Fresno; Agricultural Business 1985
Professional Education:
American Society of Farm Managers and Rural Appraisers (ASFMRA)
-Qualified ASFMRA Course Instructor for:
Appraisal of Cold Storage Facilities
Citrus, Almonds, Tree Fruit, Pistachios and Dairy Properties
Highest and Best Use for Transitional Parcels
– Educational Course Work Completed:
Yellow Book
Highest and Best Use for Commercial Properties
Highest and Best Use for Farm Properties
Appraising properties in rapidly changing markets
Appraisal of Dairy Facilities
Appraisal of Poultry Facilities
Lease Valuation
Conservation Easement Seminar
Best Practices for Rural Property Appraisals
Financial Aspects of Agriculture
A-10 – Fundamentals of Rural Appraisal
A-12 – Code of Ethics
A-20 – Principles of Rural Appraisal
A-25 – Eminent Domain
A-27 – Income Capitalization
A-29 – Highest and Best Use A-300 – Advanced Rural Appraisal
Professional History:
- Appraisal Vice President Advanced Ag Realty & Appraisal – November 2020 to Present
- Owner and Operator – Barros Appraisal Service – October of 1994 to October 2020
- Senior Agricultural Appraiser – Fresno Madera Farm Credit – April 2001 to October 2020
- Agricultural Appraiser and Consultant – Sierra Western Ag Services – March 1993 to October 1994
- Loan Officer and Appraiser – Farm Credit Services- July 1985 to March 1993
Professional Affiliations:
- ASFMRA – American Society of Farm Managers and Rural Appraisers – Past Board of Director
- Instructor – AGBS 136 Appraisal Course at California State University, Fresno
- Past President – California Chapter ASFMRA 2001-2002
- Past Chairman – Value Trends for California Chapter ASFMRA
- Ag Business Advisory Council Fresno – California State University, Fresno Past Member
- Clovis Rodeo Association – Member
- Fresno Fair Auction Committee– Member
- Ag Backers Committee at Reedley College – Member
- Farmer Mac – Preferred Appraiser List (PAL Appraiser)
Community Outreach/Charitable Support:
- Fresno Fair All Around Ag Award – (Tool Box) Program Founding Assistant and Continuing Contributor
- 4-H and FFA Market Auction Volunteer – Fresno Fair Animal Project Supporter
- Boy Scouts of America – Troup Leader
Gabriel Badilla, Realtor®
Gabriel Badilla has been in the Real Estate business since 2021 and has been around agriculture since he was born. He is currently a salesperson and appraisal assistant at Advanced Ag Realty & Appraisal, starting 2022. Gabriel specializes is rural residential and agricultural real estate sales. He currently holds the designation of Realtor® (DRE#02146281), a title given to those who are members and abide by the rules of the National Association of Realtors®.
Education:
- High School Diploma – Reedley High Class of 2020
- Associate of Science Degree in Agricultural Business – Reedley College 2021
Professional Education:
- Real Estate Express
Real Estate Principles
Real Estate Practice
Legal Aspects of Real Estate
- Reedley College Flight Program
Flight 104 – Small Unmanned Aircraft
Professional History:
- Realtor® – Advanced Ag Realty & Appraisal – February 2022 to Present
- Realtor® – Guarantee Real Estate – August 2021 to February 2022
- Ranch Hand – Cantu Ranch – June 2016 to July 2021
Professional Affiliations:
- FAR – Fresno Association of Realtors – Realtor®, Member
- CAR – California Association of Realtors – Realtor®, Member
- Fresno MLS – Multiple Listing Service – Member
Community Outreach and Charitable Support:
- D3 Church – Youth Leader
- Food for the Hungry – Proud Donor