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Last Update :3/14/2017

Partner News - Golf Property Analysts "Chip Shots"


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USGA/R & A RULE CHANGES

Just yesterday, many of us read the news that the USGA and R & A have proposed rule changes that reduce the Rules of Golf from 34 rules to 24 and simplify many procedures.  These changes are best summarized at the following link: Proposed Rule Changes

Generally, I really like the rule changes.  It doesn’t seem as if the spirit and challenge of the game will be altered and it will be much easier to understand.  Fixing spike marks, being able to touch the line of a putt and allowing only 3 minutes to search for lost balls are progressive.  Though I like most of the changes at first glance, the use of a “club length” always seemed to make sense to me, even if it is a bit inequitable in favor of those with longer clubs and simpler than measuring by inches and I prefer the term "hazard" to "penalty area". Read More

STABILITY VS. CHANGE - WHERE'S THE BALANCE?

Recently, we’ve been privileged to work on several assignments that are unfortunately the result of golf facilities that had ceased operations and in all but one case seeking alternative uses.  Though we all know about the trend of golf courses shutting down, preliminary estimates show that 2016 closures exceeded 200 courses nationwide, which would top previous years.

The golf industry continues to seek reasons for this decline and mobilize efforts to turn things around.  Here are some observations I’ve made in my travels to private clubs, daily-fee courses and everything in between:Read More

LARRY HIRSH INTERVIEW

Click on the graphic below to listen to Golf Course Industry's interview with GPA President Larry Hirsh:

PRACTICE TEE

Some current assignments include:

  • VT - Appraisal of ski resort development site
  • NY - private club appraisal for litigation support
  • VA - Private club appraisal for tax assessment appeal
  • DE - private club appraisal for litigation support
  • NJ - appraisal of private club for tax assessment appeal
  • NY - appraisal of private club for tax certiorari

GPA president Larry Hirsh will be presenting at the Pennsylvania Assessors Association on May 3, 2017.

GPA President Larry Hirsh has recently been appointed to the advisory board of the World Golf Foundation Golf 2020 initiative.

To order our recently published book, Golf Property Analysis and Valuation - A Modern Approach, click on the graphic above.

 


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