Randall Bell
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Randall Bell (born 1959), is a socio-economist, real estate economist and appraiser, expert witness, and author based in Los Angeles, California known for dealing with
stigmatized property In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. These can include death of an occupant, murder, suicide, and even the belief that a house is haun ...
. Bell is an expert on real estate damages, who authored a highly referenced textbook on the subject, and was called "Dr. Disaster" by '' The Wall Street Journal''. Bell's notable cases include:
Nicole Brown Simpson Nicole Brown Simpson (née Brown; May 19, 1959 – June 12, 1994) was the ex-wife of the former professional American football player, O. J. Simpson, to whom she was married from 1985 to 1992. She was the mother of their two children, Sydney an ...
's Los Angeles condominium, the mansion where 39 Heaven's Gate members died of suicide, the JonBenét Ramsey house in Colorado, the World Trade Center site, and properties damaged in the Rodney King riots and by
Hurricane Katrina Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the cost ...
.


Early life and education

Bell grew up in
Fullerton, California Fullerton ( ) is a city located in northern Orange County, California, United States. As of the 2020 census, the city had a total population of 143,617. Fullerton was founded in 1887. It secured the land on behalf of the Atchison, Topeka and Sa ...
as the son of an engineer and homemaker, and attended Troy High School. He has an MBA from UCLA. He received his doctoral degree from Fielding Graduate University in Santa Barbara, California, with a dissertation on the socioeconomic reasoning of
Hurricane Katrina Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the cost ...
survivors.


Career

Bell began working on appraisals of environmental and asbestos damage in the 1980s. He has also assessed Chinese drywall and sink holes. In 1992, Bell assessed the damages of the Rodney King riots in Los Angeles. After the riots, he decided to focus only on damaged properties. Also in 1992, Bell created the Bell Chart, a rating system that categorizes the 10 types of detrimental conditions and their corresponding economic damages of properties. The system ranks properties from class 1 (no detrimental effects) to class 10 (an incurable condition). In 1994, he began assessing stigmatized properties such as the damages of the
Northridge earthquake The 1994 Northridge earthquake was a moment 6.7 (), blind thrust earthquake that occurred on January 17, 1994, at 4:30:55 a.m. PST in the San Fernando Valley region of the City of Los Angeles. The quake had a duration of approximately ...
and wildfires in Malibu, California. In 1997, he became the national director of the Real Estate Damages practice of Price Waterhouse. He left the firm in 1999, and co-founded Bell Anderson & Sanders with two partners. He is presently CEO of Landmark Research Group. Bell works with properties that have been affected by crime, environmental contamination, construction defects, reported hauntings, and natural disasters. He has consulted on
Nicole Brown Simpson Nicole Brown Simpson (née Brown; May 19, 1959 – June 12, 1994) was the ex-wife of the former professional American football player, O. J. Simpson, to whom she was married from 1985 to 1992. She was the mother of their two children, Sydney an ...
's condominium; the Beverly Hills estate where
Charles Manson Charles Milles Manson (; November 12, 1934November 19, 2017) was an American criminal and musician who led the Manson Family, a cult based in California, in the late 1960s. Some of the members committed a series of nine murders at four loca ...
's followers murdered
Sharon Tate Sharon Marie Tate Polanski (January 24, 1943 – August 9, 1969) was an American actress and model. During the 1960s, she played small television roles before appearing in films and was regularly featured in fashion magazines as a model and cover ...
and four other people in 1969; the
Rancho Santa Fe Rancho Santa Fe is a census-designated place (CDP) in San Diego County, California, United States, within the San Diego metropolitan area. The population was 3,156 at the 2020 census. The CDP is primarily residential with a few shopping block ...
mansions where the bodies of 39 Heaven's Gate cult members were found, the house in
Boulder, Colorado Boulder is a home rule city that is the county seat and most populous municipality of Boulder County, Colorado, United States. The city population was 108,250 at the 2020 United States census, making it the 12th most populous city in Color ...
, where JonBenét Ramsey was killed; the home of
Sandy Hook Elementary School Sandy may refer to: People and fictional characters *Sandy (given name), including a list of people and fictional characters * Sandy (surname), a list of people *Sandy (singer), Brazilian singer and actress Sandy Leah Lima (born 1983) * (Sandy) ...
shooter
Adam Lanza The Sandy Hook Elementary School shooting occurred on December 14, 2012, in Newtown, Connecticut, United States, when 20-year-old Adam Lanza shot and killed 26 people. Twenty of the victims were children between six and seven years old, and t ...
; and the house of Las Vegas shooter Stephen Paddock. He has also consulted on
Hurricane Katrina Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the cost ...
; the Bikini Atoll in the Marshall Islands; the September 11 attacks at the World Trade Center; and the United Airlines Flight 93 crash site in Shanksville. Bell has traveled to Chernobyl,
Hiroshima is the capital of Hiroshima Prefecture in Japan. , the city had an estimated population of 1,199,391. The gross domestic product (GDP) in Greater Hiroshima, Hiroshima Urban Employment Area, was US$61.3 billion as of 2010. Kazumi Matsui h ...
; to the World Trade Center site; and to Egypt, Jordan, Israel and West Bank to find comparisons in properties damaged by terrorist attacks. He has also traveled to Antarctica to interview scientists about climate change and how it affects costs, such as insurance for home owners. The Appraisal Institute published Bell's book ''Real Estate Damages: Applied Economics and Detrimental Conditions'' in 2008. In 2011, Bell returned from Guam, where he consulted with landowners whose property included the cave where Shoichi Yokoi, a Japanese army sergeant, hid for 28 years, unaware that World War II had ended. The landowners opened a theme park on the property. In recent years, Bell has begun writing self-help books, inspired by his interactions with disaster victims and his personal experiences with overcoming trauma and obstacles. Bell hosted the 2020 docuseries, ''Distressed Real Estate'', produced by
Topic Studios ''Topic Studios'' is an American film production company owned by First Look Media. The company is known for producing films '' Leave No Trace'' (2018), ''Luce'' (2019), '' The Climb'' (2019), ''The Mauritanian'' (2021). The company also produces ...
.


Bibliography

*''Real Estate Damages: An Analysis of Detrimental Conditions'' (1999) () *''Property Owners Manual'' (2004) () *''Owners Manual'' (2004) *''Business Owners Manual'' (2004) () *''Home Owners Manual'' (2004) () *''Disasters: Wasted Lives, Valuable Lessons'' (2005) () *''Strategy 360: 10 Steps for Creating a Complete Game Plan for Business & Life'' (2008) () *''Rich Habits Rich Life'' (2016) () *''Me We Do Be: The Four Cornerstones of Success'' (2017) () *''Leo Fender: The Quiet Giant Heart Around the World'' (2017) () *''Post-Traumatic Thriving'' (2021) ()


Personal life

Randall Bell lives in Laguna Beach, California with his wife and has four children. Bell volunteers at the Laguna Beach homeless and rehabilitation center, Friendship Shelter.


References


Further reading


How to Sell a Murder House, According to the Expert
{{DEFAULTSORT:Bell, Randall American real estate businesspeople Living people UCLA Anderson School of Management alumni American male non-fiction writers People from Fullerton, California Writers from California American business writers 20th-century American non-fiction writers 20th-century American businesspeople 21st-century American non-fiction writers 21st-century American businesspeople Fielding Graduate University alumni People from Laguna Beach, California Businesspeople from California 1959 births 20th-century American male writers 21st-century American male writers