VIDEO: 2017 Appraisal Institute President’s Message

JAAppraisal Institute 2017 President Jim Amorin, MAI, SRA, AI-GRS, outlines the organization’s plans for advancing the valuation profession in AI’s latest video.

In the next year, the Appraisal Institute will continue to implement its three-year strategic plan, which sets the parameters for the organization’s key decisions and outlines five core values: Distinctiveness, Innovation, Professional Responsibility, Advocacy and Leadership.

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AI Premieres Latest Review Designation Course

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I hope you’re enjoying the holiday season and that 2016 was a successful year for you! This year has been both exciting and challenging for the valuation profession, and the Appraisal Institute has been busy on your behalf.

If you’ve thought about pursuing an Appraisal Institute review designation, or have been waiting for the latest education offering, I’m pleased to share with you some exciting news.

AI Premieres Latest Review Designation Course

Review Case Studies – Residential, which is the newest offering in AI’s review designation education line-up, premiered December 12-13 in Chicago.

Attendees who take the Review Case Studies – Residential course will apply the review process learned in Review Theory Residential by walking through a case study that focuses on a two-stage review assignment.

Learn more about the course and check the schedule for future offerings.

AI to Offer ‘Yellow Book’ Webinar

The Appraisal Institute will host a webinar, “2016 Yellow Book Changes – Overview for Appraisers,” in early 2017.

This program will provide an overview of the major changes to the 2016 version of the Uniform Appraisal Standards for Federal Land Acquisitions, commonly known as the Yellow Book. The program will provide an initial analysis of major issues and considerations that appraisers performing Yellow Book assignments should pay particular attention to, such as issues relating to “Larger Parcel,” market analysis and highest and best use.

The program will include a Q&A session for appraisers to understand the full context of the changes. Registration will open soon.

Other News Around AI

And here’s some additional important news from the Appraisal Institute:

Finally, I want to thank you, again, for the opportunity to serve as your 2016 president. I have had the opportunity to personally meet or speak directly with many of you, and have enjoyed the feedback, constructive ideas and thoughts for our organization’s direction. I believe that the Appraisal Institute’s future is very bright as we move into our 85th year of service to membership, the profession and the public. We have so many opportunities in front of us, and I look forward to assisting in their pursuit.

I wish each of you a happy holiday season and look forward to continued service as your immediate past president next year under the leadership of 2017 President Jim Amorin MAI, SRA, AI-GRS, and the rest of the Board of Directors.

Sincerest wishes for a Happy New Year!

5 Misconceptions about Appraisals and Appraisers

While some real estate professionals and consumers might have a good understanding about appraisals and valuation professionals, some common misconceptions do exist.

Facts

Myth: Assessed value should equate to market value.

Reality: While most states support the concept that assessed value approximate estimated market value, this often is not the case. Examples include when interior remodeling has occurred and the assessor is unaware of the improvements, or when properties in the vicinity have not been reassessed for an extended period.

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Video: Appraisal Institute Enhances International Outreach Efforts

The Appraisal Institute’s reputation as an international thought leader for the valuation profession continues to grow, says AI President Scott UntitledRobinson, MAI, SRA, AI-GRS, in the association’s latest video. Designated Members live and work in nearly 60 countries on six continents.

The numerous ways in which the Appraisal Institute, its elected officers and others work with and influence international valuation professionals include:

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VIDEO: Save the Date for the 2017 International Valuation Conference

UntitledThe Appraisal Institute and the Appraisal Institute of Canada will co-host the International Valuation Conference, June 8-11, 2017 in Ottawa, Ontario, Canada.

The latest video from the Appraisal Institute highlights the opportunities for valuation professionals from around the world at the conference, including: [Read more…]

AI Seeks Proposals for 2017 Conference’s Educational Sessions

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It’s hard to believe that we’re in the fourth quarter of 2016!  This year has really flown by, and I hope that this message finds your business doing well.

Do you have strong expertise in a specific valuation practice area? Have you ever considered sharing that knowledge with your fellow appraisers and others? If so, I’d like to encourage you to consider submitting a presentation proposal for the 2017 International Valuation Conference.

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