Warm Up to Winterization Projects and Keep the Cold Away

house in winterThe temperature is dropping and some areas of the U.S. already have seen snowfall, but it’s not too late for consumers to prepare their home for winter and potentially enhance their property’s value.

One easy way to save money and maintain comfort in the property is to address drafts. According to the U.S. Department of Energy, $200 to $400 of annual energy expenses could be lost to drafts, air leaks or outdated heating and cooling systems. Consumers should seal any air leaks and insulate old doors and windows to save money this winter. [Read more…]

7 Unexpected Considerations in Relocation Appraisals

guest-blogger-banner-1By Frank J. Lucco, SRA

When a relocation appraisal professional is asked to offer an opinion of anticipated sales price, the task can be daunting. Specialized training, education and experience typically are key ingredients when generating a credible opinion of value.

Forecasting involves not only the usual consideration of trends, comparable sales and current competitive listings, but also the nuances of the subject property, the neighborhood and the market area in which the property is located.

[Read more…]

Video: How Appraisal Institute Designations Can Expand Careers

Appraisal Institute designations can take careers to new levels, expanding them into different areas of the valuation profession, say three AI Designated Members.

In a video released by the organization, David W. Binz, SRA; Ron D. DeVries, MAI, SRA; and Benjamin R. Sellers, MAI, discuss the different ways their careers have been enhanced through their designations, including:

[Read more…]

Career Opportunity: Rural Markets

guest-blogger-banner-1By Michael V. Tankersley, MAI, SRA, AI-RRS

My appraisal practice started in a small town in southern middle Tennessee. Like many people from small towns in rural America, I dreamed of doing big things. From an appraisal perspective, that meant complex assignments that were interesting and challenging. So I appraised local properties and looked forward to the day I could expand my practice into the Nashville metropolitan area.

A few years went by, and I pursued the SRA and the MAI designations because I saw that I needed stronger skills to compete in the Nashville metro market. As my career progressed, I realized that I had been missing a big opportunity. The greatest opportunity for growth was not in the highly competitive metropolitan areas, but in the rural markets where I was already located.

[Read more…]

AI Asks Congress to Limit VA Third-party Inspections

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The Appraisal Institute is continuing its proactive advocacy efforts in Washington on behalf of AI professionals. Learn more about that and other important updates during the past month.

AI Asks Congress to Limit VA Third-party Inspections

The Appraisal Institute on Oct. 10 called on the House Veterans Affairs Committee Subcommittee on Economic Opportunity to support the use of appraiser trainees over non-appraiser property inspectors when U.S. Department of Veterans Affairs fee appraisers utilize third-party inspections.

AI urged that H.R. 3561 be clarified to establish that third-party inspections would only be permitted in rural areas.

Read AI’s letter.

[Read more…]

VIDEO: 2018 Annual Conference Call for Proposals

The Appraisal Institute is seeking submissions from individuals who wish to be a part of the valuation profession’s biggest event of the year.

Appraisal Institute Designated Members and others are invited to submit proposals for presentations or panel discussions to take place at the 2018 Annual Conference, July 30-Aug. 1, in Nashville, Tennessee.

Attendees of previous AI Annual Conferences said they were particularly interested in these topics:

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Tectonic Transformation: Technology’s Influence on the Future of Valuation

guest-blogger-banner-1By Mark R. Linné, MAI, SRA, AI-GRS

As appraisers, we are perceived to be the experts in valuation. As experts, we are at an inflection point from changes resulting from new technologies and big data, as well as changes in our core business model.

Not only are these changes exponential, digital and combinatorial, but most of the gains and changes are still ahead of us. Technology creates possibilities and potential, but ultimately, the future depends on the choices we make.

[Read more…]

Gain Experience and Knowledge with Appraisal Institute Education

stillThe Appraisal Institute’s newest video highlights the organization’s education offerings, including four different platforms that make it easy for valuation professionals to advance their knowledge and experience.

AI has been the leader in real property appraiser education for 85 years. The organization’s education assists appraisers in gaining the foundation and fundamental concepts and methodologies that help them stand out from their peers. [Read more…]

AI Seeks Proposals for Sessions at 2018 Annual Conference

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The Appraisal Institute has a great opportunity for valuation professionals and others to gain visibility at the organization’s biggest event of the year. Learn more about that and see other important updates from AI during the past month.

AI Seeks Proposals for Sessions at 2018 Annual Conference
The Appraisal Institute is seeking proposals by Dec. 1 for presentations at the Appraisal Institute 2018 Annual Conference, July 30-Aug. 1, in Nashville, Tennessee. The conference theme is “Setting the Stage for Success.”

[Read more…]