AI Responds to Appraisal Foundation Letter

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June 26, 2015

Dear Appraisal Institute Colleague:

If you haven’t had the opportunity to see the Appraisal Institute’s response to The Appraisal Foundation’s “Legislative Alert,” I encourage you to read it.

AI Addresses The Appraisal Foundation’s Letter on Federal Regulations

Earlier this month, you may have received or at least heard of a letter from The Appraisal Foundation titled “Legislative Alert.” This letter contained inaccurate and incomplete information.

The Appraisal Institute has maintained a full-time staff and office in Washington, D.C., for decades. With the guidance and direction of the Board and the Government Relations Committee, AI consistently protects the interests of not just AI professionals, but all valuation professionals, at the state and federal government levels.

Read more about AI’s efforts. [Read more…]

Debunking Myths about Home Appraisals

Before consumers purchase a home, or refinance an existing mortgage, obtaining an appraisal is a crucial step in the process. However, some misconceptions exist about appraisals and appraisers and the Appraisal Institute encourages homeowners and prospective homebuyers to understand the following myths and realities.

comparablesMyth:  Assessed value should equate to market value.

Reality: While most states support the concept that assessed value approximates estimated market value, this often is not the case.

[Read more…]

A Special Message from the AI President

Special AnnouncementDear Colleague:

Earlier this week, you may have received or at least heard of a letter from The Appraisal Foundation (TAF) titled “Legislative Alert.” This letter contained inaccurate and incomplete information. Therefore, here’s some information you should know regarding TAF’s letter.

The Appraisal Institute (AI) has maintained a full-time staff and office in Washington, D.C., for decades. With the guidance and direction of the Board and the Government Relations Committee, AI consistently protects the interests of not just AI professionals, but all valuation professionals, at the state and federal government levels. [Read more…]

Annual Meeting Advance Registration Ends Soon

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If you haven’t already registered for this summer’s Annual Meeting, I encourage you to take advantage of the advance rate that expires July 3.

Annual Meeting Advance Registration Ends Soon

There’s a little more than a month left to receive the best available registration rate for the Appraisal Institute Annual Meeting to be held July 27-29 in Dallas.

The 2015 AI Annual Meeting will feature a wide variety of panel discussions and will provide opportunities for networking, continuing education (with the chance to earn Appraisal Institute and state continuing education credit), an awards dinner, vendor exhibits and plenty of options to explore Dallas.

Learn more about the 2015 AI Annual Meeting and register by July 3 to receive the advance rate. On-site registration will be available at a higher cost. Also, be sure to follow the Annual Meeting conversation on Twitter (#AIConnect15).

[Read more…]

Why Appraisers Should Join the ‘Green’ Movement

While some appraisers have made green valuation part of their practice, others are probably aware of energy-efficient properties and features but haven’t considered pursuing professional opportunities in this area.

For valuation professionals who are on the fence about whether it’s worthwhile to expand their knowledge and skills, consider that according to the U.S. Green Building Council there are as many as 150,000 LEED-certified green housing units worldwide, a number that more than doubled between 2011 and 2013.

[Read more…]

Video: Why Attend the Appraisal Institute Annual Meeting?

In the Appraisal Institute’s latest video, four AI professionals share why they attended the Annual Meeting.

The four individuals featured in the video are:

  • Terry Bernhardt, SRA, AI-RRS, who said the Annual Meeting is a get-together with “several hundred of [his] closest friends.”
  • Sladjana Popovic, Candidate for Designation, who traveled from Serbia to attend the Annual Meeting, said it gives her a “feel” for the expanding valuation industry.
  • John Meyer, SRA, said the Annual Meeting educated him about what’s going on in the profession.
  • Rob Elliott, MAI, SRA, said the continuing education is “very beneficial.”

[Read more…]