Ernest A. Demba is currently designated with senior appraisal designations: FASA, IFAS, FASA-RP, and FASA-ARM. He is certified by Missouri and Illinois as a Certified General Real Estate Appraiser and was licensed as a Registered Professional Engineer in Missouri. (PE) until December 31, 2021, when he chose to take an inactive status. Mr. Damba’s college education includes a BSEE degree, an MS degree in engineering and an MBA degree. In January 2009, Mr. Demba was voted a Life Membership in the American Society of Appraisers (ASA) and in September 2022, he was a Recipient of a Lifetime Achievement Award by the ASA. Mr. Demba is also a Certified USPAP Instructor by the Appraiser Qualifications Board of The Appraisal Foundation.
Mr. Demba has taught for Washington University in St. Louis in the University College Division for the Economics Department and has taught for Lindenwood Colleges (now Lindenwood University) in their Valuation Sciences degree program. Mr. Demba has also taught internationally to students of the former communist bloc countries. He also teaches various classes in appraisal theory and short seminars related to real estate appraising and valuation.
Positions Mr. Demba has held, and committees on which he has served, for the ASA include: Representative on the Board of Governors from the Real Property membership, membership in the College of Fellows to which he has been elected as its Chancellor, the International Real Property Discipline Committee and to which he has served as its Chairman, the International Appraisal Review and Management Discipline Committee, the International Ethics Committee to which he has served as its Chairman, the International Board of Examiners to which he has served as the Vice-Chair for Real Property, the Professional Development Committee, the International Development Committee, the International Admissions and Membership Committee, Member – Healthcare Special Interest Group, and was President of the St. Louis Chapter of the ASA. He is an approved instructor on the International and National Educational Staff for the ASA and has taught the four levels of the ASA’s Principles of Valuation series and the AQB Approved 7 hour and 15-hour Uniform Standards of Professional Appraisal Practice (USPAP) classes among others.
Mr. Demba was also an approved instructor and had taught for the prior NAIFA. Mr. Demba has been approved by the Real Estate Appraisal Commission of the State of Missouri as an education provider for classes he has developed for the continuing education of real estate appraisers. Also, he had been approved as an instructor by the Real Estate Commission of Missouri for continuing education classes for real estate license renewals. For many years, Mr. Demba has received multi-state approvals for the continuing education classes he has written and presented at ASA International Appraisers Conferences.
Mr. Demba was selected by the AQB to be a member of the initial task force charged with developing the Course Approval Program and writing the Policies, Procedures and Criteria for this program to be approved and implemented by the AQB. This program offers a voluntary national system for approval of courses of instruction that satisfy the educational criteria established by the AQB for the licensure and certification of real estate appraisers pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA).
Mr. Demba has completed appraisal assignments from the simple to the very complex throughout the United States and has testified as an expert witness in various courts. Mr. Demba is available for appraisal and consulting assignments.
DEMBA VALUATION SERVICES, LLC provides services in the areas of: Independent Consultations, Loan Valuations, Partial Interest Valuations, Financial Analysis, Litigation Support and Analysis, Investment Analysis, Feasibility Studies, Discounted Cash Flow Analysis, Loan Valuation Problems, Economic Studies, Highest & Best Use Analysis, Land Use Planning, Property Analysis Investment Value Appraisals, Market Value Appraisals, Appraisal Reviews, Real Estate Tax Appeals, and Other Analysis.
Ernest A. Demba is the Managing Member of Demba Valuation Services, LLC
Please contact us for further information.
DEMBA VALUATION SERVICES, LLC
Analysts, Appraisals, Consultants, Educators, Reviewers
77 Meadowbrook Ballwin (St. Louis County), MO 63011-1697
Voice: (636)-227-0321 FAX: (636)-391-5530
e-mail: demba@wustl.edu