EDUCATION:
East Tennessee State University, 1972, Bachelor of Science, BusinessAdministration with a Minor in Military Science and Major in Real Estate.

Minor in Military Science included Army Reserve Officer Flight Trainingand was commissioned as an Infantry Officer in United States Army on Graduationfrom East Tennessee State University.   Training in militaryincluded Basic Infantry Officer Course and Airborne School.  Militaryservice completed at the rank of Captain.

Presently enrolled at the University of St. Thomas in Minneapolis, MNin the Graduate School of Business Master of Science in Real Estate AppraisalProgram.

Awarded the MAI (Member Appraisal Institute) designation.  In additionto numerous other requirements regarding experience, comprehensive examinationand demonstration report; Warren Klutz successfully completed and passedthe following courses given by the Appraisal Institute prior to awardingof the MAI (Member Appraisal Institute).

    Standards of Professional Practice (Parts A &B), University of Georgia
    Standards of Professional Practice (Part C), Manassas,Virginia
    Real Estate Appraisal Principles, Indiana University
    Basic Valuation Procedures, Indiana University
    Capitalization Theory & Techniques Part 1, Universityof North Carolina
    Capitalization Theory & Techniques Part A, Universityof Georgia
    Capitalization Theory & Techniques Part B, Universityof Georgia
    Market Analysis, University of Central Florida
    Case Studies in Real Estate Valuation, Universityof Georgia
    Report Writing and Valuation Analysis, Universityof Georgia

Recent seminars taken through the Appraisal Institute:

Economic Obsolescence Seminar                 Hotel Motel Valuation Seminar
Accrued Depreciation Seminar                     Applied Sales Comparison Approach Seminar
Rates, Ratios and Reasonableness                Rate Extraction
Commercial Construction Overview             Appraising Troubled Properties
Discounted Cash Flow Analysis                   The Appraiser As An Expert Witness
Fractional Interests                                      Demonstration Appraisal Report Writing
Automated Valuation Models                      Appraisal Of Nursing Facilities
The Internet and Appraising                         The Future Of Appraising
New Industrial Valuation                             Appraisal Office Management
Appraisal of Non-Conforming Uses             Eminent Domain and Condemnation Appraising
Data Confirmation & Verification Methods    IncomeValuation of Small, Mixed-Use Properties

Successfully completed and passed the following courses and examinationsand designated CCIM, Certified Commercial Investment Member of the CommercialInvestment Real Estate Institute:

CI-101, Fundamentals of Real Estate Investment and Taxation, Washington,D.C.
CI-102, Fundamentals of Creating a Real Estate Investment, Atlanta,Georgia.
CI-103, Advanced Real Estate Taxation and Marketing Tools for InvestmentReal Estate, Detroit, Michigan
CI-104, Case Studies in Commercial and Investment Real Estate Brokerage,Atlanta, Georgia
CI-105, Principles and Techniques of Effective Communication for Commercial-InvestmentBrokerage,  Atlanta, Georgia.

Successfully completed the following courses as given by the Societyof Real Estate Appraisers and designated SRA, Senior Residential Appraiser:

An Introduction to Appraising Real Property, Course 101, Knoxville,Tennessee
Applied Residential Property Valuation, Course 102, Appalachian StateUniversity.

Successfully completed the following courses as given by the InternationalRight-of-Way Association:

The Appraisal of Partial Acquisitions                         Skills of Expert Testimony
Interpreting Engineering Drawings                             Easement Valuation

Graduated from Missouri Auction School, Kansas City, Missouri

MEMBERSHIP AND LICENSES:
Licensed Certified General Real Estate Appraiser in Tennessee and Virginia
Licensed Real Estate Broker in Tennessee, Virginia and North Carolina
Licensed Real Estate Auctioneer in Tennessee and Virginia
Member of the Bristol, Tennessee-Virginia Board of Realtors
Member of the Tennessee-Virginia Regional Multiple Listing Service
President of the Bristol, Virginia-Tennessee Board of Realtors in 1978,1982 and 1987
President of the Tenneva Chapter of the Society of Real Estate Appraisers,1987
Vice President, Blue Ridge Chapter of the Appraisal Institute in 2000
Member of the Commercial Investment Real Estate Institute
Recipient of Appraiser of the Year 1985 - Tenneva Chapter of the Societyof Real Estate Appraisers
Member of the International Right of Way Association
MAI and SRA Designated Member of the Appraisal Institute

EXPERIENCE:
Owned and operated Warren Klutz and Company since 1975, specializingin commercial and investment real estate brokerage, consulting and appraisingin Tennessee, Virginia and North Carolina.   Experience includesappraisal of various interests in all types of properties for financialinstitutions, utility companies, private, corporate and government clients. Has appeared and qualified as expert witness in numerous courts in Tennesseeand Virginia.   Mr. Klutz is the only individual in Tennesseeor Virginia to be licensed as a state certified general real estate appraiser,broker and auctioneer while simultaneously holding the MAI, CCIM and SRAdesignations.