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About Island Preferred

A 25-year-old Long Island firm built around honest valuations and right-sized solutions.

Island Preferred, Inc. was founded in Medford, NY in 2001 by William A. Schall, Jr. Two and a half decades later, we're still doing the same thing — helping Long Island homeowners, attorneys, banks, and business owners get the right answer to a real estate or financial question.

By the numbers

  • Founded 2001
  • NYS Certified Residential Appraiser
  • Suffolk & Nassau Counties
  • 48–72 hour turnaround
  • 2–10 person team (Privately held)
Portrait of William A. Schall, Jr., founder of Island Preferred, Inc.
25+ Years experience
Meet the Founder

William A. Schall, Jr. — "Bill"

Bill Schall has spent his entire career inside Long Island residential real estate. He earned his Certified Residential Appraiser credential in New York State and has worked across every aspect of the residential transaction — appraisals, brokerage, financial services, and consulting. Prior roles include eXp Realty, Revolution Financial Management, and Carrington Real Estate Services. He currently holds an Associate Broker license at Real Broker NY, LLC and represents David Allen Capital as an Independent Agency partner.

"Technology plays an important role in how we do business," Bill says. "It helps keep rates down while maintaining high quality and responsive service." Island Preferred runs on a stack that lets clients order, track, and pick up appraisals 24/7 — combined with the kind of service that picks up the phone when you call.

"His defining quality is how important it is to him to help others on every level — putting them ahead of himself and going well beyond the norm to make sure they succeed." — LinkedIn recommendation, business associate
NYS Certified Residential Appraiser
Licensed Associate Broker, Real Broker NY
David Allen Capital Independent Agent
Hofstra University, 1979–1981
Philosophy

How we think about the work.

Speed without shortcuts

The 48–72 hour turnaround comes from process, not corner-cutting. Every report is reviewed before it leaves the office.

Independence

Our valuations are USPAP-compliant and independent. We work for the report, not for a target number.

Service that picks up

You will get a person on the phone, not an inbox auto-reply. That hasn't changed since 2001 and won't.

Tech-forward

Online ordering, secure tracking, 24/7 pickup, and electronic delivery. Modern tools so the answer reaches you fast.

Local knowledge, local data

Two decades of comparable-sale data across Suffolk and Nassau means our values reflect this market — not a national average.

One trusted partner

From a single appraisal to a full set of business and consumer solutions, we keep clients on one phone number for everything.

Get in touch

Talk to Bill directly.

Whether you need an appraisal, a cash offer on a property, or help with one of our business solutions — you can reach Bill at the office or on his mobile.

Reach Bill 631-838-7790 Office: 631-240-9145 15 Wrana Ln, Medford, NY 11763 Mon–Sat, 9 AM–5 PM ET