--- title: "Real Estate Expert’s Opinion on the Market Value of the Miami Property Admitted" meta: "og:description": "The real estate expert acknowledged that his methodology to determine the market value of the Miami property was unique" "og:title": "Real Estate Expert’s Opinion on the Market Value of the Miami Property Admitted" author: "Expert Witness Profiler" description: "The real estate expert acknowledged that his methodology to determine the market value of the Miami property was unique" --- # Real Estate Expert’s Opinion on the Market Value of the Miami Property Admitted Posted on May 30, 2025 by Expert Witness Profiler Plaintiffs sought the partition and sale of a Boynton Beach property, a Miami property, and a West Palm Beach property (the “Properties”). The Defendants sought to exclude the opinions, analysis, and testimony of [George Smith](https://expertwitnessprofiler.com/expert-witness/George-Smith/1564700), an expert witness retained by Plaintiffs to provide a Broker Opinion of Value with an opinion of market value for the Miami property at issue in this case. ## **Real Estate Expert Witness** With a decade of experience in commercial and industrial real estate, [George Smith](https://expertwitnessprofiler.com/expert-witness/George-Smith/1564700) has established himself as a leading broker specializing in cold storage assets. Beginning his career in 2014, he closed over $55 million in industrial and office transactions within his first two years, focusing primarily on off-market investment opportunities across Florida and theSoutheast. [Get the full story on challenges to George Smith’s expert opinions and testimony with an in-depth Challenge Study.](https://expertwitnessprofiler.com/order/add?eId=1564700&pId=3)  ## **Discussion by the Court** #### **Smith’s Qualifications** With regard to the _[Daubert](https://www.law.cornell.edu/wex/daubert_standard)_ analysis, the Lesters did not explicitly dispute Smith’s qualifications, other than to state that he is not a licensed appraiser and has no formal training in appraisal theory or in the Uniform Standards of Professional Appraisal Practice. #### **Reliability of Smith’s Methodology** Smith was retained as an expert to create a broker opinion of value “to present the client with an opinion of market value for an industrial cold storage facility . . . using completed leases, and sales as well as current listings as indicators.” He explained at his deposition that he was not sure if most brokers used his exact methodology but testified that they should. Smith also testified at length about his experience and how it related to his methodology. The Court noted that Smith is allegedly solely going to be testifying through deposition designations and will not be appearing live at the upcoming hearing. Upon due consideration, the Court found that the deposition excerpts designated by Plaintiffs, in conjunction with Smith’s report, sufficiently clarified Smith’s methodology for the purpose of this Court’s _Daubert_ analysis. ## **Held** The Court denied the Defendant’s motion _in limine_ to exclude the opinions of George Smith. ## **Key Takeaway:** The Court is capable of determining at a bench hearing what weight, if any, to give Smith’s opinions. Further, to the extent they seek to discredit Smith’s opinions, the Defendants are free to question other witnesses about those opinions and/or to introduce other portions of his deposition. ## **Case Details:** --- ## **You Might Also Like** ![Human Resources Expert Allowed to Opine on Termination](https://ewp-blog.expertwitnessprofiler.org/wp-content/uploads/2026/04/blog-pic-640X480-2026-04-22T200052.311.jpg) [**Human Resources Expert Allowed to Opine on Termination**](https://expertwitnessprofiler.com/real-estate-experts-opinion-on-the-market-value-of-the-miami-property-admitted/human-resources-expert-allowed-to-opine-on-termination)![Neuropsychology Expert Not Allowed to Opine on Cognitive Decline](https://ewp-blog.expertwitnessprofiler.org/wp-content/uploads/2026/04/blog-pic-640X480-2026-04-22T144728.528.jpg) [**Neuropsychology Expert Not Allowed to Opine on Cognitive Decline **](https://expertwitnessprofiler.com/real-estate-experts-opinion-on-the-market-value-of-the-miami-property-admitted/neuropsychology-expert-not-allowed-to-opine-on-cognitive-decline)![Human Factors Expert Not Allowed to Opine on the Tile](https://ewp-blog.expertwitnessprofiler.org/wp-content/uploads/2026/04/blog-pic-640X480-2026-04-21T191749.960.jpg) [**Human Factors Expert Not Allowed to Opine on the Tile**](https://expertwitnessprofiler.com/real-estate-experts-opinion-on-the-market-value-of-the-miami-property-admitted/human-factors-expert-not-allowed-to-opine-on-the-tile)![Insurance Expert Not Allowed to Opine on Legal Duties](https://ewp-blog.expertwitnessprofiler.org/wp-content/uploads/2026/04/blog-pic-640X480-2026-04-21T155751.487.jpg) [**Insurance Expert Not Allowed to Opine on Legal Duties**](https://expertwitnessprofiler.com/real-estate-experts-opinion-on-the-market-value-of-the-miami-property-admitted/insurance-expert-not-allowed-to-opine-on-legal-duties)![Law And Legal Expert Not Allowed to Opine on Contract Formation](https://ewp-blog.expertwitnessprofiler.org/wp-content/uploads/2026/04/blog-pic-640X480-2026-04-20T213123.718.jpg) [**Law And Legal Expert Not Allowed to Opine on Contract Formation**](https://expertwitnessprofiler.com/real-estate-experts-opinion-on-the-market-value-of-the-miami-property-admitted/law-and-legal-expert-not-allowed-to-opine-on-contract-formation)