Jul
29
Two Appraisal Institute Designated Members share why they think someone should consider being an appraiser in AI’s latest video.
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Jul
22
The Appraisal Institute designated 58 members in June, including; 1 who received MAI AND SRA designations; and 40 who received MAI designations; 3 who received SRA designations; 12 who received AI-GRS designations; 2 who received AI-RRS designations.
View the list.
Jul
19
Read the latest issue of Valuation magazine.
The nation's hospitality sector has enjoyed a decade-long hot streak, with transaction volume expected to total $36.5 billion this year and some 5,530 new rooms under construction. Will the good times last? That's the question appraisers say needs serious consideration, with most believing there may be room for correction.
The new federal opportunity zones program encourages private investors to fund projects in underserved geographic areas — an idea promising to benefit neighborhoods in need and investors who capitalize the ventures. Importantly, it also has the potential to create numerous opportunities for appraisers.
When valuing a property, it's not uncommon for appraisers to state that the property's highest and best use is different from its current use. But what happens in situations involving conflicting highest and best use analyses? Read what the courts have said about these complex concerns.
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Jul
12
The president of the Appraisal Institute, the nation’s largest professional association of real estate appraisers, encouraged Congress to act on valuation topics during today’s hearing on Capitol Hill.
Stephen S. Wagner, MAI, SRA, AI-GRS, told the House Financial Services Committee’s Housing, Community Development and Insurance Subcommittee that the Appraisal Institute supports passage of H.R. 2852, which would allow licensed appraisers to perform appraisals for Federal Housing Administration loans.
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Appraisal Institute Leaders Address Timely Topics at Major Industry Events in June
Category: National
Jul
10
The Appraisal Institute announced June 26 that its elected officers and others represented the organization at major industry events during the past month.
President Stephen S. Wagner, MAI, SRA, AI-GRS; Vice President Rodman Schley, MAI, SRA; Immediate Past President James L. Murrett, MAI, SRA; and CEO Jim Amorin, MAI, SRA, AI-GRS, attended the Appraisal Institute of Canada Annual Conference, June 5-8, in St. John’s, Newfoundland.
Wagner and Amorin also attended the Institute for Professionals in Taxation Annual Conference, June 23-26, in San Antonio.
President-Elect Jefferson L. Sherman, MAI, AI-GRS, represented AI at the International Right of Way Association Education Conference, June 9-12, in Portland, Oregon, where he sat on the panel for “Corridor Valuation: An Overview and New Alternatives.” AI also exhibited at the event.
AI’s 2016 President, Scott Robinson, MAI, SRA, AI-GRS, AI-RRS, participated in the International Valuation Standards Council/World Association of Valuation Organizations Global Valuation Conference, June 13-14, in Frankfurt, Germany, where he presented on “Impact and Opportunity of Technology-Based Valuation.” AI’s 2010 President, Leslie P. Sellers, MAI, SRA, AI-GRS, represented the Appraisal Institute at a June 18 meeting of the International Valuation Standards Council’s Advisory Forum Working Group in London, England.
Appraisal Institute Seeks Candidates for SPC Chair; Materials Deadline is Tomorrow (7/10)
Category: National
Jul
09
The Appraisal Institute Board of Directors will elect at its July 25-26 meeting in Denver a chair of the Strategic Planning Committee to serve a two-year term beginning Jan. 1, 2020.
AI professionals interested in the position should submit a statement of qualifications to Joan Barngrover at jbarngrover@appraisalinstitute.org and complete the Leadership Resources Registry at www.myappraisalinstitute.org/myappraisalinstitute/my_lrr.aspx. The deadline for submitting materials for consideration is July 10.
Jun
27
The president of the Appraisal Institute, the nation’s largest professional association of real estate appraisers, encouraged Congress to act on valuation topics during yesterday’s hearing on Capitol Hill.
Stephen S. Wagner, MAI, SRA, AI-GRS, told the House Financial Services Committee’s Housing, Community Development and Insurance Subcommittee that the Appraisal Institute supports passage of H.R. 2852, which would allow licensed appraisers to perform appraisals for Federal Housing Administration loans.
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Jun
26
Jun
13
The Appraisal Institute on June 10 distributed to AI professionals a 45-Day Notice regarding proposed amendments to Bylaws and Regulation Nos. 1 and 2.
The proposal concerns demonstration of knowledge options, and is expected to have minimal financial impact. AI’s Board of Directors will consider the proposed amendments at its July 25-26 meeting in Denver.
Comments should be sent to 45daynotice@appraisalinstitute.org.
Jun
12
We have the opportunity to support two of our chapter members as they seek a position on the North Carolina Appraisal Board. There is no group more qualified to represent appraisers on the appraisal board than members from the North Carolina Chapter of the Appraisal Institute. Our organization has historically had members on the board. Please join in the effort to promote our organization on this vital regulatory board. Help promote our members who have volunteered to be nominated to the board; Lynn Carmichael, MAI, from the Asheville Area, and Claire Aufrance, MAI, SRA from the Greensboro Area.
To support the chapter please click the button below to send the governor a supportive recommendation for these members.
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May
24
Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, of Charleston, South Carolina, was nominated for 2020 Appraisal Institute vice president by the AI National Nominating Committee at its May 8 meeting in Chicago.
National Nominating Committee Chair James L. Murrett, MAI, SRA, submitted the committee’s nomination to the AI Board of Directors at its May 9-10 meeting in Chicago. Board members may file petitions for additional nominees in accordance with the Appraisal Institute Bylaws. The AI Board of Directors is expected to elect the 2020 vice president at its July 25-26 meeting in Denver.
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May
21
The Appraisal Institute designated 40 members in April, including; and 20 who received MAI designations; 5 who received SRA designations; 10 who received AI-GRS designations; 5 who received AI-RRS designations. Special congratulations to NCAI members, David Ivey, AI-GRS and Thomas Lott, MAI, AI-GRS.
View list here.
May
03
The Appraisal Institute announced April 24 that its elected officers and others represented the organization at major industry events during the past month.
Chief Executive Officer Jim Amorin, MAI, SRA, AI-GRS, served on a panel at the American Real Estate Society (commonly known as ARES) Annual Meeting on April 9-13 in Scottsdale, Arizona, on the relationship between universities and associations, and attracting new individuals into the valuation profession. AI also exhibited at this event.
Immediate Past President James L. Murrett, MAI, SRA, represented AI at the Risk Management Association (commonly known as RMA) CRE Appraisal Manager Forum on April 11-12 in Las Vegas, where he led a discussion on the appraisal regulatory environment.
President Stephen S. Wagner, MAI, SRA, AI-GRS, attended the Residential Energy Services Network (commonly known as RESNET) board meeting on April 17 in Olympic Valley, California, where he discussed the AI-RESNET partnership.
Wagner also participated in a media tour on April 3-4 in New York, where he met with reporters at The Wall Street Journal, National Mortgage News, Money magazine, Realtor.com and The Mortgage Leader.
Apr
29
Appraisal Institute Among Organizations Opposing Residential Threshold Increase
The Appraisal Institute on Feb. 4 was one of six organizations signing a comment letter that "strongly opposed" a proposal from the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency to raise the residential appraisal threshold from $250,000 to $400,000.
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Apr
25
The Appraisal Institute on April 17 announced that its 2018 Annual Report is available. The report highlights AI's accomplishments during the previous year in education, professional services, international activities, government relations, meetings, financial performance, professional practice and other areas.
View the report.
Apr
24
The Appraisal Institute’s National Nominating Committee is scheduled to interview two candidates for 2020 AI vice president in Chicago May 8, and the committee is expected to nominate one or more individuals for 2020 vice president at the Board of Directors’ May 9-10 meeting.
The candidates are, in alphabetical order, Pledger M. Bishop III, MAI, SRA, AI-GRS and Eric Schwartz, MAI, SRA, AI-GRS.
AI professionals may view the candidate biographies and questionnaires (login required) and provide input by 5 p.m. CDT May 6. Correspondence should be addressed to Jim Murrett, MAI, SRA, chair, 2019 National Nominating Committee, and emailed to Joan Barngrover, board secretary and special assistant to the CEO, at jbarngrover@appraisalinstitute.org.
Apr
23
The Appraisal Institute designated 25 members in March, including 11 who received their MAI designations, five who received their SRA designations, four who received their AI-GRS designations and five who received their AI-RRS designations.
Click here to read more.
Apr
22
The Appraisal Institute on April 3 announced the recognition of 15 individuals as a "Volunteer of Distinction" for the first quarter.
Apr
15
The Appraisal Institute on March 25 opened registration for its 2019 Annual Conference, which will be held July 22-24 at the Hyatt Regency Denver near the Colorado Convention Center.
Allison Massari, an entrepreneur, celebrated artist, accident survivor and executive coach, will be the keynote speaker. Massari will address her personal journey from absolute loss, to forgiveness to understanding, and finally to success and a life beyond anything she could have imagined. Her messages give audiences the tools they need to rise above any obstacle and show them how to find peace, purpose and happiness.
The 2019 AI Annual Conference will feature an exciting lineup of speakers, extensive opportunities for networking and continuing education (with the chance to earn Appraisal Institute and state continuing education credit), an awards ceremony, vendor exhibits and numerous opportunities to explore the Mile High City.
Learn more about the AI Annual Conference and register to attend.
Apr
09
The Appraisal Institute on March 25 sent to 45-Day Notice proposed amendments to Bylaws and Regulation Nos. 8, 9 and 10.
The proposal concerns removing “Past President Designated Member” as a member status while maintaining “Past President” as a title and as an individual who doesn’t pay membership dues, and eliminating the Temporarily Non-Practicing Designated Member status and Temporarily Non-Practicing Candidate status.
AI’s Board of Directors will consider the proposed amendments at its May 9-10 meeting in Chicago.
Comments should be sent to 45daynotice@appraisalinstitute.org.