How To Prepare for Your Golf Property to be Appraised September 14, 2018 So, you need to have your club appraised. It might be for financing, real estate tax assessment, sale, purchase or […] by Larry Hirsh
Why do Golf Courses Close and What Happens then? September 12, 2018 I’ve always been intrigued by golf course and club closures. According to the National Golf Foundation, nearly 1,200 courses have […] by Larry Hirsh
Who’s the Buyer? August 28, 2018 In the worlds of golf property appraisal and brokerage our actions typically center on one fundamental question: Who’s the buyer? […] by Larry Hirsh
Observations from a Golf Trip to Scotland Last week, I made my 4th visit to Scotland for another great golf adventure with three of my favorite golf […] by Larry Hirsh
Playing Conditions and Maintenance Budgets – What’s the Right Mix? August 27, 2018 As part of an appraisal assignment, last week I had the opportunity to play at a private club in the […] by Larry Hirsh
HOA’s and their golf courses July 16, 2018 Many residential communities have homeowners associations (HOA’s) or property owners associations (POA’s) which govern architectural standards, common area maintenance and […] by Larry Hirsh
New England Golf – A Unique Culture July 12, 2018 Last week, over the Independence Day Holiday, we had occasion to visit New England and spend time with our new […] by Larry Hirsh
Are Country Clubs Fading Away? July 3, 2018 A recent article by Kelsey Lawrence sent to me by a friend (Why Won’t Millennials Join Country Clubs?) raises a […] by Larry Hirsh
Appraisal Standards as applied to Golf Properties June 25, 2018 The Uniform Standards of Professional Appraisal Practice (USPAP) is basically the rule book for the valuation of real estate. Developed […] by Larry Hirsh
Drones & Private Property May 30, 2018 Shortly after publishing our piece on Drones in our June newsletter, combined with the piece on Club Mission, a reader […] by Larry Hirsh
Drones and Golf Courses May 24, 2018 As a longtime aviator, the view from above has always intrigued me. Early in my career and for may years […] by Larry Hirsh
The Private Club’s Mission – Have We Lost Sight? May 8, 2018 People have a variety of reasons for joining a private golf or country club. Usually, the primary reasons revolve around […] by Larry Hirsh
Your Club’s Zoning – Not Something Given Much Attention? May 3, 2018 Most communities have a zoning ordinance. This is basically the guidelines and restrictions for how properties in various locations and […] by Larry Hirsh
Virginia – Update on Arlington County May 2, 2018 In our most recent newsletter, we shared with you an update on the Virginia case where golf and country clubs […] by Larry Hirsh
So, It’s Time to Sell Your Golf Course or Club – Or is it? You’ve owned the property for many years, you’re getting older or you’re a membership that simply can’t operate the club […] by Larry Hirsh
Can Golf Turn a Lemon into Lemonade? April 28, 2018 In some very disappointing news, a golf course in York, PA expelled 5 women from the premises as described in […] by Larry Hirsh
Golf Property Tax Assessments and Personal Property April 25, 2018 An interesting issue arose in a recent tax assessment case where Golf Property Analysts provided appraisal services to the owner […] by Larry Hirsh
Augusta National Takes a Big (and positive) Step April 4, 2018 As many of you may have heard by now, new Augusta National Chairman Fred Ridley announced today the establishment of […] by Larry Hirsh
Evaluating Your Golf Management Company March 21, 2018 Golf management companies are typically retained by clubs/courses requiring professional assistance in enhancing the performance of the club. In most […] by Larry Hirsh
HOA’s, POA’s and their interest in the Community Golf/Country Club March 16, 2018 It seems as though we’ve been fielding lots of calls about golf and country clubs lately that serve as the […] by Larry Hirsh
How Should Golf Courses and Clubs be Taxed? March 7, 2018 A few days ago, an article in The Washington Post highlighted what is an interesting debate in the golf and […] by Larry Hirsh
Thrive or Dive – The Future of Your Club March 2, 2018 A prominent trend of late has been the failure of many member-owned clubs and either closure or sale to for-profit […] by Larry Hirsh
Golf Industry Show 2018 February 15, 2018 Back from San Antonio and the 2018 Golf Industry Show (GIS), I offer the following observations. Just like the golf […] by Larry Hirsh
Are All Golf Courses Alike? February 11, 2018 New York State courts have adopted a unique method for the valuation of private clubs (PR). In tax certiorari (tax […] by Larry Hirsh
Bunker Renovation – The Choices and The Economics February 9, 2018 Just back from GIS 2018, which I determined might be a good place to expand my understanding of the cost, […] by Larry Hirsh
Club Culture – The Intangible Dynamic January 30, 2018 Over the years, I’ve observed the interesting dynamic of club cultures and their evolution. When I was a young boy, […] by Larry Hirsh
PGA Show 2018 – The Major of Golf Business January 28, 2018 Just back from the PGA Merchandise Show in Orlando last week. “The Show” as it’s referred to by most in […] by Larry Hirsh
When Capital Improvements are NEEDED January 18, 2018 Among the challenges we encounter with golf property valuation is the determination of when various capital projects are necessary and impart […] by Larry Hirsh
How Your Golf Course Can Avoid Extinction January 2, 2018 It seems as though 2017 saw more than its share of golf course closures. While the statistics aren’t out just […] by Larry Hirsh
Golf Clubs and Golf Courses – Is the middle class disappearing? December 20, 2017 Much has been written about golf being an elitist activity, about it being too expensive for the masses and the […] by Larry Hirsh
Golf Course Conservation Easements & the new Tax Bill December 7, 2017 Several times this week, I received calls inquiring about the impact of the new proposed tax bill on golf courses. […] by Larry Hirsh
Golf and Sexual Harassment December 6, 2017 The issue of sexual harassment has taken center stage in our society. Just ask Matt Lauer, Al Franken, Charlie Rose, […] by Larry Hirsh
The Expert Witness – Tax Assessment Appeals December 4, 2017 One thing about serving as an expert witness is that you always learn something new. Sometimes it’s as simple as […] by Larry Hirsh
Things I’m Thankful for in 2017. November 20, 2017 How about talking about what we’re thankful for this Thanksgiving! As always, I’m thankful for my wonderful wife & family […] by Larry Hirsh
To Sell or Not to Sell – Every Decision has a Price November 7, 2017 Like I tell my kids, “every decision has a price”. For many member-owned and equity golf and country clubs the […] by Larry Hirsh
What to look for in a Golf Course Appraisal October 27, 2017 A golf course appraisal is a complex process that often means different things to different people. By definition, it is […] by Larry Hirsh
Membership Refund Liability – The Impact on Value October 11, 2017 Among the more interesting challenges we encounter is the issue of membership refund liability. A membership refund liability is typically […] by Larry Hirsh
Golf’s Social Conscience and its Impact on Economics October 9, 2017 The game of golf in America has evolved into many things. Traditionally a game for the elite, country club set, […] by Larry Hirsh
Pace of Play, Safety and Players’ Golf “I.Q.” September 15, 2017 Two items of particular interest to all clubs and golf courses are pace of play and player safety. Unimpeded pace […] by Larry Hirsh
After Harvey & Irma – What’s Next for Golf Courses & Clubs? September 12, 2017 With many golf courses in Texas, Florida, Georgia and the Carolinas experiencing damage from the recent storms, now may be […] by Larry Hirsh
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