Terence Farr

Adjunct Professor of Real Estate Valuation, Lied Center for Real Estate
Expertise: Real estate valuation

Biography

Terence (Terry) Farr is a real estate valuation expert and adjunct lecturer with the UNLV Lee Business School's Lied Center for Real Estate. He holds multiple certifications from the Appraisal Institute, CCIM (Certified Commercial Investment Member) Institute, and International Right of Way Association (IRWA).

Farr has nearly 20 years of appraisal and review experience covering a majority of property types — including commercial, industrial, and residential — in the Las Vegas Valley, California, Arizona, and Utah. His career trajectory includes working as a review appraiser at Nevada State Bank, an independent fee appraiser for a local real estate office, vice president of Valuation & Advisory Services, and founder of Farr Valuation, Inc.

Since 2016, Farr has served on the Clark County Board of Equalization and will continue to serve as vice chair — presiding over commercial real estate and personal property hearings — through Dec. 31, 2023. Additionally, he was elected to the CCIM Southern Nevada Chapter board of directors for 2024, participates as the social media chair for the IRWA Chapter 44, and has served on several committees within the local Appraisal Institute chapter.

Education

  • B.S.B.A., Finance, UNLV
  • A.S., Accounting, South Suburban College

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