A History of Quality Commercial Appraisal Services

Appraisal Services Inc. was incorporated in North Dakota in 1978 by Robert N. Frissell, MAI.  The sole purpose of Appraisal Services Inc. has been to provide real estate valuation services for the last 40 years in the region, which includes eastern North Dakota, northwestern Minnesota and northeastern South Dakota.  

Neal Eriksmoen and Jerry Link purchased the firm in 1981 from Robert Frissell.  Scott Mandy, MAI, became a stockholder in firm in 1991.  Neal Eriksmoen became the sole stockholder in the Corporation in 2013.  Jerry Link and Scott Mandy retired in 2015.

Petter Eriksmoen began work at Appraisal Services Inc. in August of 2012 and is a certified general appraiser in North Dakota and Minnesota.  In May 2013, Marit Eriksmoen and Jeff Mangen started work with Appraisal Services Inc.  Both certified general appraiser in North Dakota and Minnesota and are practicing affiliates of the Appraisal Institute.  Alex Oestreich started work in May of 2016 and is an apprentice appraiser.      

In early 2015, Al Leirness. MAI, CCIM started work with Appraisal Services Inc, specializing in appraising for litigation purposes.  He has over 40 years of appraisal experience in Minnesota and North Dakota.  Neal Eriksmoen received the MAI designation in the fall of 2017.  The MAI designation (Member Appraisal Institute) is earned by appraisers with experience in the valuation and evaluation of commercial, industrial, residential, and other types of properties, and to those who advise clients on real estate investment decisions

The company has two executive assistants who provide support for the appraisers.  The assistants have been with the company for an aggregate of 35 years.

Our Customers

Our assignments include appraising for mortgage lending, estate purposes, investment decisions, eminent domain, litigation and property disputes.  Appraisal Services Inc, specializes in appraising commercial property. 

Experience Worth Noting

The appraisers at Appraisal Services Inc. have extensive experience appraising most types of real estate, including vacant land, development land, subdivisions, mobile home parks, multi-family housing, assisted living facilities, offices, clinics, hotels, schools, churches, funeral homes, retail stores, restaurants, shopping centers, convenience stores, implement, vehicle and marine dealerships, office/shop properties, industrial properties warehouses and a variety special purpose properties.