Live from the 2016 Annual Conference: July 26

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General Session Covers Major User Perspectives on Appraisal

SmallAnnual Conference attendees learned trends, tips and advice from three top executives from TIAA, one of the world’s largest financial institutions in real estate. During the general session, attendees heard from Anthony J. Oddo, MAI, Douglas K. Hodge, MAI, and William A. Lane, MAI.

Hodge spoke about the important role farmland plays in feeding the world’s growing population and encouraged young appraisers seeking opportunities to consider working in rural areas, where there is a lack of qualified valuation professionals.

Later, Lane spoke to attendees and underscored the importance of communication between appraisers and underwriters. Throughout the presentation, the speakers underlined their preference to collaborate with appraisers who have the qualifications and high standards of Appraisal Institute Designated Members.

Attendees Explore Exhibit Hall

Annual Conference attendees have taken time to explore the latest valuation products and services on display in the Exhibit Hall. Nearly 475 attendees from across the country and around the world have come together to learn about the newest tools, technology and trends from the outstanding vendors at this year’s conference.

Networking Opportunities Abound

The Appraisal Institute Annual Conference brings together valuation professionals from around the world. While you’re here in Charlotte, be sure to take advantage of the opportunities to meet leaders in the profession and reconnect with long-distance friends and colleagues. A directory of registered attendees is posted online to assist in contacting new and old friends.

AI Hosts Cocktail Reception 

Annual Conference attendees gathered again on the exhibit floor Tuesday evening for a reception hosted by the Appraisal Institute. Attendees networked with their peers, explored the exhibits for the last time and entered into a raffle to win exciting prizes.

Wednesday’s Highlights

Attendees won’t want to miss Wednesday’s luncheon, which will feature the annual awards presentation by the Appraisal Institute Education Trust.

Later, the Annual Convention will come to a close with the AI President’s Gala at 6:30 p.m. EDT Wednesday in Symphony 1-4. Celebrate the valuation profession’s top practitioners as AI President Scott Robinson announces the winners of AI’s Lifetime Achievement Award, Outstanding Service Award and President’s Award. After dinner, the North Tower Band, one of the south’s great party bands providing the best in oldies, beach and top 40 music, will entertain the crowd.

 Attendees Praise Annual Conference Activities

Annual Conference attendees have had great things to say about the first two days of this week’s events:

“The conference has proven to be extremely educational and very interesting. You’ll learn things that you don’t get a chance to at AI chapter functions or classes.”

Susanne Lyon-Josephs, Candidate for Designation

 “The best part of this event has been the camaraderie. I love what our organization stands for and I love the fact that we’re for the appraiser and to me, there’s nothing more important.”

Joseph J. Calvanico, MAI

 “This is my first time attending. It’s allowed me to interface with a lot of people from different parts of the country and I’ve had the opportunity to partake in other programs that I wouldn’t normally see in the area where I live.”

Mark Nadeau, SRA

 Join the conversation on Twitter: #AIConf16 or leave a comment below!

Live from the 2016 Annual Conference: July 25

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Global Futurist Enlightens Attendees

Jack Uldrich – a best-selling author and global futurist focused on technology, change management and leadership – keynote speaker at this year’s Annual Conference, challenged nearly 475 attendees on Monday to become aware of how fast the world is changing, and to regularly take time to think about the future. He further encouraged appraisers to find a reverse mentor who sees the world from a different perspective, and to help those younger individuals get into the valuation profession.

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Welcome to the 2016 Appraisal Institute Annual Conference!

Daily ReportWelcome to Charlotte, North Carolina, and the Appraisal Institute’s 2016 Annual Conference! Be sure to look at your email each morning while you’re onsite for highlights of the day’s events and a recap of the previous day’s activities.

Here are some of the exciting offerings in store for this week:

UldrichOpening General Session
Join your friends and colleagues for today’s opening general session at 1:30 p.m. EDT in the Carolina Ballroom. This year’s keynote speaker is Jack Uldrich, a best-selling author and global futurist focused on technology, change management and leadership. As a former naval intelligence officer and U.S. Department of Defense official, Uldrich has a unique understanding of how creativity and action can help individuals thrive.

Welcome Reception
The Appraisal Institute’s North Carolina Chapter will host a reception from 6 p.m. to 7:30 p.m. EDT today in the Symphony 4 Room and Symphony Foyer. Join us to have fun and network with colleagues from across the country and around the world.

Things to Do in Charlotte
There are many exciting things to do and see while you’re in Charlotte. If you’re looking for fun activities during your downtime at the Annual Conference, you’ll find interesting venues and exciting attractions that make Charlotte a great place to visit. Click here to learn more about dining, arts and shopping destinations on the city of Charlotte’s tourism website.

Check out everything else the Annual Conference has to offer, including:

  • Networking with your peers at the breakfasts, lunches and cocktail receptions included with registration;
  • Choose from more than 30 exceptional education sessions;
  • Earn up to 16 state CE hours and up to 77 Appraisal Institute CE points;
  • See exhibits of the latest cutting-edge valuation products and services; and
  • Attend the Appraisal Institute President’s Gala.

Check out 2016 Annual Conference photos on Facebook!

Join the conversation on Twitter: #AIConf16

VIDEO: Appraisal Institute Offers Cutting-Edge Green Education

In a new video from the Appraisal Institute, 2016 President Scott Robinson, MAI, SRA, AI-GRS, discusses the cutting-edge green education programs offered by the Green_Valuation_1association, which help make AI a thought-leader in green valuation.

Since June 2008, the Appraisal Institute has offered nearly 520 green education programs, with more than 7,200 attendees.

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4 Tips for Creating a Business Succession Plan

Many appraisal firm owners looking toward retirement would like to hand off their family-owned business to the next generation. But making a smooth transition requires long-range planning and the input from the business founder, the successor, outside professionals and perhaps other family shutterstock_11363362members.

According to a survey of business owners, most respondents said they felt succession planning was important, but 25 percent reported having no plan and another 45 percent had one they called “informal.”

Many of the nearly two-thirds of licensed U.S. appraisers in their 50s, 60s and beyond may like to take less active roles in their businesses at some point. Here are four steps to take to help make a smooth business transfer:

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What Valuation Professionals Need to Know about FHA’s Handbook Revisions

Much has been written recently about the new Federal Housing Administration Single Family Housing Policy Handbook (Handbook 4000.1), including some misinformation. Here’s what valuation professionals should know about the revisions.

The Appraisal Institute last week wrote to FHA highlighting a comprehensive review by the Appraisal Institute comparing it with the previous Handbook. This review uncovered new protocols; however, there also are instances of much-needed clarification of issues and concerns that FHA appraisers have expressed for many years.

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