Sharon Desfor, FASA
HeliValue$, Inc.
985 Jessica Dr.
Wauconda, IL 60084, USA
Cell (224) 345-1777
Email sharondesfor@gmail.com, sharon.desfor@helivalues.com
PROFESSIONAL EXPERIENCE
October 2021 Received honor of election to College of Fellows, ASA
Fellow of the American Society of Appraisers
The ASA College of Fellows is comprised of Accredited Senior Appraisers who have been
recognized by their peers for their contributions to ASA and the appraisal
profession. These members are conferred the designation of Fellow
(FASA) - the highest honor ASA bestows.
January 2023 HeliValue$, Inc.
to Senior Advisor
Present
Mostly retired, but remaining available for consulting services, litigation support, and appraisals of older or unusual helicopters.
August 2017 HeliValue$, Inc.
to Chairman
December 2022
Chairman of HeliValue$, the helicopter industry's premier source for helicopter resale values, both as publisher of The Official Helicopter Blue Book® and in its helicopter appraisals: fair market and orderly liquidation evaluations: past, present, and future. Senior staff appraiser. Supervise HeliValue$' business strategy and contribute to implementation. Act as liaison between HeliValue$ and helicopter finance sources, explaining helicopters as assets. Give seminars on helicopter valuation for banks and associations.
Accredited Senior Appraiser, American Society of Appraisers.
January 2005 HeliValue$, Inc.
to President
August 2017
Manage HeliValue$' business strategy and implementation. Senior staff appraiser. Serve as expert witness in cases involving HeliValue$’ appraisals. Act as liaison between HeliValue$ and helicopter finance sources, explaining helicopters as assets. Give seminars on helicopter valuation for banks and associations.
Accredited Senior Appraiser, American Society of Appraisers.
July 2018 American Society of Appraisers
to International Immediate Past President
June 2019
July 2017 American Society of Appraisers
to International President
June 2018
July 2016 American Society of Appraisers
to International Vice President
June 2017
July 2015 American Society of Appraisers
to International Secretary/Treasurer
June 2016
April 2015 American Society of Appraisers
to Chapter Assessment Task Force Chair
June 2015
July 2013 American Society of Appraisers
to International Development Committee Chair
June 2015
July 2013 American Society of Appraisers
to Strategic Planning Committee member
June 2015
July 2012 American Society of Appraisers
to Budget & Finance Committee member
June 2014
July 2011 American Society of Appraisers
to MTS Discipline Governor, ASA Board of Governors
June 2015 Represent the viewpoints of the members to the board and of the board to the members. Communicate between the two groups. Contribute to decisions that affect the Society as a whole. Participate in Budgeting and Finance review and decisions.
July 2008 American Society of Appraisers
to MTS Committee member
June 2015
January 1990 HeliValue$, Inc.
to Vice President
January 2005
Worked with President to secure purchase of The Official Helicopter Blue Book®. Established the HELP book (Helicopter Equipment Lists & Prices) in 1990. Initiated CD-ROM production for the Blue Book and HELP. Staff appraiser. Developed new software tools for residual value projections.
December 1988 HeliValue$, Inc.
To Director
January 1990
Appointed to board of directors of HeliValue$, Inc., the provider of appraisal services to The Official Helicopter Blue Book®. Became corporate Secretary/Treasurer. Coordinated services between HeliValue$ and IHFS. Hired and trained replacement Circulation/Customer Service Manager. Hired and trained Accounts Receivable replacement. Staff appraiser.
December 1986 International Helicopter Financial Services, Inc.
To Circulation Manager
January 1990
In charge of integrating appraisal services from IHFS into HeliValue$, Inc. Worked closely with HeliValue$ to seamlessly transition these services from the customer point of view. Continued previous work with circulation, customer service, and accounts receivable. Appraiser trainee.
January 1984 Helicopter Financial Services, Inc.
to Circulation Manager
November 1986
In charge of circulation for publication, The Official Helicopter Blue Book®, customer service, and subscription renewal invoicing. Wrote algorithm for program to automate renewal invoices and oversaw programming and integration with accounts receivable system. Accounts receivable and collections. Appraiser trainee.
CONTINUING PROFESSIONAL EDUCATION
February 2020 American Society of Appraisers
SE101PP USPAP for Personal Property appraisers
February 2018 American Society of Appraisers
SE101PP USPAP for Personal Property appraisers
April 2017 American Society of Appraisers
VC128-WEB Dissecting the Term "Fair Value"
February 2016 American Society of Appraisers
SE101PP USPAP for Personal Property appraisers
February 2015 American Society of Appraisers
Webinar: MTS129WEB: Unlocking Private Company Wealth
November 2014 American Society of Appraisers
Webinar: WEBRP: International Valuation Issues
April 2014 American Society of Appraisers
SE101PP USPAP for Personal Property appraisers
January 2014 Non-Citizen Trusts
Vedder Price webinar
July 2013 Bloomberg BNA
Webinar: Changes in Lease Accounting: Analysis and Implications for your Business
June 2013 American Society of Appraisers
Webinar: Valuing Business Aircraft
July 2012 Asset Finance International
Lease Accounting Update webinar
December 2011 American Society of Appraisers
SE101 7-hour USPAP update
American Society of Appraisers
ME216: Modeling for the Machinery & Equipment Appraiser
May 2010 American Society of Appraisers
Webinar: Dissecting FAS 157
December 2009 American Society of Appraisers
SE101PP USPAP for Personal Property appraisers
June 2009 American Society of Appraisers
ARM204 Appraisal Review and Management
Dec 2008 American Society of Appraisers
ARM203 Appraisal Review and Management
Sept 2008 American Society of Appraisers
ARM202 Appraisal Review and Management
March 2008 American Society of Appraisers
ME206 Appraisal of Inventory
Nov 2007 American Society of Appraisers
SE101AC 7-hour USPAP update
May 2007 Equipment Leasing and Financing Association
Coping With The Capetown Convention (Closing AirFinance Deals – One Year Later)
March 2007 Equipment Leasing and Financing Association
Changes in Lease Accounting - No Longer IF, It's WHEN
July 2006 American Society of Appraisers, Center for Advanced Valuation Studies
CAVSEWP: Expert Witness Preparation
March 2006 American Society of Appraisers
ME207 Advanced Applications of the Cost Approach
2006-present Attendance at international conferences: American Society of Appraisers (2006-2020), National Aircraft Finance Association (2006-2011), Equipment Leasing & Finance Association (2008, 2010, 2011, 2015), Helitech (2001, 2003, 2008, 2015) China Helicopter Exposition (2011); Corporate Jet & Helicopter Investor (2012-2020); Helicopter Association International (1985-2020)
BACCALAUREATE DEGREE
September 1979 Northwestern University
- March 1983 Bachelor of Science, School of Communication
PUBLICATIONS AND SEMINARS AUTHORED IN LAST TEN YEARS
Contributor, The Official Helicopter Blue Book®, Specification Book™, and HELP (Helicopter Equipment Lists & Prices™) by HeliValue$, Inc.
Moderator, Speaker, “How the Intended Use Affects Value,” December 1-2, 2021, for Helicopter Investor London 2021, London, UK.
Author, “Intended Use: How Could You Get This So Wrong?” ARM Journal, American Society of Appraisers, November 2020.
Author, Speaker, “Minding the GAAP (or IFRS),” February 26, 2020, for Helicopter Investor London 2020, London, UK.
Author, Speaker, “The Markets of the Future,” January 31, 2018, for Helicopter Investor London 2018, London, UK.
Author, Speaker, “Accidents, Bankruptcies and Oil – Why 2016 Was So Bad for Helicopters,” for ICVPME 2017 (International Conference on the Valuation of Plants, Machinery and Equipment), Sydney, Australia.
Author, “Embracing Technology – 33 Tech Changes in 33 Years,” for ICVPME 2017 (International Conference on the Valuation of Plants, Machinery and Equipment), Sydney, Australia.
Author, Speaker, “Helicopters as an Asset Class,” March 22, 2016, for IMN 15th Annual Investor’s Conference on Equipment Finance, New York, NY.
Author, Speaker, “The Elephant in the Room,” March 1, 2015, for HeliExpo 2016, Louisville, KY.
Co-author, Panelist, “Contract Negotiations and Pre-Closing Considerations,” February 29, 2016, for HeliExpo 2016, Louisville, KY.
Author, Speaker, “Helicopter market forecast – what’s now and what’s next,” February 3, 2016, for Helicopter Investor London 2016, London, UK.
Co-Author, Panelist, “Helicopter Values – the only way is up,” February 4, 2016, for Helicopter Investor London 2016, London, UK.
Co-Author, Co-Presenter “Update on the Current Aviation Finance Market,” October 26, 2015, for Equipment Lease and Finance Association’s 54th Annual Convention, San Antonio, TX.
Author, Speaker, “Helicopter Values and Oil Prices,” October 23, 2015, for Helicopter Investor, Miami, FL.
Panelist, “Spotlight on Finance,” October 6, 2015, at Helitech International 2015, London, UK.
Author, Instructor, “Valuing Helicopters,” September 8, 2015, for School of International Helicopter Finance, Dublin, Ireland.
Author, Speaker, “WEBMTS133: Helicopter Values and Market Drivers,” June 17, 2015, for American Society of Appraisers webinar.
Author, Speaker, “Helicopters, their Market, and its Drivers,” June 4, 2015, for ASA Equipment Appraisers’ Conference, Cleveland, OH.
Author, “Helicopters in Offshore Oil & Gas,” April 28, 2015, for ASA Houston Energy Conference, Houston, TX.
Author, Instructor, “Residual Values in Helicopter Leasing,” March 1, 2015, at HeliExpo 2015, Orlando, FL, for the Helicopter Association International.
Panelist, “Helicopter Values: Tracking the Market,” February 11, 2015, at Helicopter Investor London 2015, London, UK, for Corporate Jet Investor.
Author, Speaker, “Understanding The Official Helicopter Blue Book 2015,” February 7, 2015, for American Society of Appraisers’ ME201AS, London, UK.
Author, Panelist, Aircraft Appraisers’ Panel Discussion, September 17, 2014, for the ASA International Appraisers’ Conference, Savannah, GA.
Author, Speaker, “Residual Values for Machinery and Equipment,” for the American Society of Appraisers National Virtual Chapter, April 2014 webinar.
Speaker, Business Aviation – Helicopter Financing, April 11, 2014, at the American Bar Association Aircraft Finance Subcommittee Spring Meeting, Los Angeles, CA.
Panel discussion, Finance & Leasing 7th Annual Roundtable, February 25, 2014, at HeliExpo 2014, Anaheim, CA, for the Helicopter Association International.
Author, Speaker, Panel discussion, Nightmares of a Helicopter Transaction, Module 2 – Strengthen the Deal, February 24, 2014, at HeliExpo 2014, Anaheim, CA, for the Helicopter Association International.
Author, Speaker, Forecasting Residual Values, February 6, 2014, at International Corporate Jet and Helicopter Finance London Conference 2014, London, UK, for Corporate Jet Investor.
Author, Speaker, Will the recent Super Puma problems have a long-term effect? September 11, 2013, at Corporate Jet and Helicopter Finance Americas 2013, Miami, FL, for Corporate Jet Investor.
Author, Speaker, “Residual Values for Machinery and Equipment,” for the American Society of Appraisers, July 2013 webinar.
Author, “ИНДИКАТОР,” Top Flight magazine, May 2013.
Author, “Flying Asset,” “ПерсПективы,” Top Flight magazine, May 2013.
Author, “What is driving today’s helicopter economy?,” (http://www.corporatejetinvestor.com/articles/whats-driving-todays-helicopter-economy-455) Ed. Alasdair Whyte, Corporate Jet Investor, March 6, 2013.
Panel discussion, Finance & Leasing 6th Annual Roundtable, March 5, 2013, at HeliExpo 2013, Anaheim, CA, for the Helicopter Association International.
Author, Speaker, Panel discussion, Nutz & Boltz of Financing or Leasing Your Helicopter, Module 2 – The Credit Review Process, March 4, 2013, at HeliExpo 2013, Anaheim, CA, for the Helicopter Association International.
Author, Speaker, Panel discussion, Helicopter values: Which models are doing what, February 11, 2013, at Corporate Jet and Helicopter Finance 2013, London, UK, for Corporate Jet Investor.
Co-author, Co-speaker, Helicopter Funding – Assembling the Pieces of the Puzzle, October 2012, at the 4th Annual HELI World Conference, Frankfurt, Germany, for AIRTEC 2012.
Author, Speaker, Panel discussion, Tracking Helicopter Values, September 10, 2012, at Corporate Jet and Helicopter Finance Asia 2012, Hong Kong, for Corporate Jet Investor.
Panel discussion, Helicopter Funding Workshop, February 12, 2012, at HeliExpo 2012, Dallas, TX, for the Helicopter Association International.
Panel discussion, HAI Finance & Leasing Committee Finance, Accounting, & Tax Interactive Seminar, February 11, 2012, at HeliExpo 2012, Dallas, TX, for the Helicopter Association International.
Panel discussion, Helicopters: How are the different models and markets faring?, February 7, 2012, at Corporate Jet and Helicopter Finance 2012, London, UK, for Corporate Jet Investor.
Author, “Critical Elements of Helicopter Values: ‘Micro Elements of Value,’ ‘Macro Elements of Value.’”(http://www.corporatejetinvestor.com/categories/Helicopter_Investor_Helicopter_Finance) Ed. Alasdair Whyte, Corporate Jet Investor, 2012.
Production Manager (editor) of reference book, Valuing Machinery & Equipment, 3rd Edition, by the Machinery & Technical Specialties Committee of the American Society of Appraisers, release date August 2011.
Editor, MT&S Journal, by the Machinery & Technical Specialties Committee of the American Society of Appraisers, 2009-2011.
Author & speaker, “Helicopter Appraisals,” at the China Helicopter Exposition, September 2011, Tianjin, China.
Author & speaker, “Well, That Was Painful,” at the Equipment Management Conference, April 2011, St. Petersburg, FL, for the Equipment Leasing & Financing Association.
PROFESSIONAL AFFILIATIONS
Fellow of the American Society of Appraisers, 2021-present
Accredited Senior Appraiser, American Society of Appraisers, 2005-present
International Immediate Past President, American Society of Appraisers, 2018-2019
International President, American Society of Appraisers, 2017-2018
Member, Editorial Advisory Board, Rotor & Wing International, 2016-2018
International Vice President, American Society of Appraisers, 2016-2017
International Secretary/Treasurer, American Society of Appraisers, 2015-2016
MTS Discipline Governor, American Society of Appraisers, 2011-2015
Member, Budget & Finance Committee, American Society of Appraisers, 2012-2014
Member, Strategic Planning Committee, American Society of Appraisers, 2013-2015
Chair, Chapter Assessment Task Force, American Society of Appraisers, 2015
Chair, Special Committee on International Membership, American Society of Appraisers, 2013-2015
Member, Machinery & Technical Specialties Committee, American Society of Appraisers, 2008-2014 (ex oficio 2014-2015)
Member, Marketing Committee, International Institute of Business Valuers, 2014-2016
Member, Royal Institution of Chartered Surveyors, 2008-2014
Editor, M&TS Journal, American Society of Appraisers, 2009-2011
Project Manager, Valuing Machinery and Equipment, American Society of Appraisers, 2010-2011
Chair, Finance & Leasing Committee, Helicopter Association International 2008-2010
Vice Chair, Finance & Leasing Subcommittee, Helicopter Association International, 2005-2007
Member, Finance & Leasing Committee, Helicopter Association International 2005-2012
Chair, Treasurer, Director, Helicopter Foundation International, 1987-2002
Corporate Member, American Helicopter Society, 1992-2000
Corporate Member, Helicopter Association of Canada, 2010-2015
Corporate Member, Helicopter Association International, 1990-present
Corporate Member, National Business Aircraft Association, 2006-2014
Corporate Member, Equipment Leasing and Finance Association, 2007-2014
Corporate Member, National Aircraft Finance Association, 2006-2015
Honor Roll, National Association of Professional and Executive Women (NAPEW), 2007-2008
2007 Woman of the Year in Helicopter Appraisers and Publishing, NAPEW
PERSONAL AFFILIATIONS
Member, American Mensa Ltd., 1987-present
Board of Directors, Core of Culture NFP, 2015-2017