VIDEO: International Valuation Conference Offers Wide Array of Educational Opportunities

UntitledThe Appraisal Institute’s latest video features Appraisal Institute 2017 President Jim Amorin, MAI, SRA, AI-GRS, and Appraisal Institute of Canada President Dan Brewer, AACI, P.App, discussing the educational opportunities for attendees at this year’s International Valuation Conference, taking place June 8 – 11 in Ottawa, Ontario.

This is the first time in 13 years that the Appraisal Institute and Appraisal Institute of Canada will co-host an annual conference. [Read more…]

VIDEO: Why Valuation Professionals Volunteer for the Appraisal Institute

Volunteer_4Volunteering for the Appraisal Institute can be a rewarding part of a valuation career, say four AI Designated Members.

The Appraisal Institute released a video in which Leslie P. Sellers, MAI, SRA, AI-GRS; Ivette Collins, MAI; Ron D. DeVries, MAI, SRA; and James L. Henderson, SRA, discuss how volunteering for the organization has [Read more…]

Cautious Optimism on Appraisal Thresholds

guest blogger banner

The following is a guest blog by Justin D. Slack, MAI, SRA, AI-GRS, AI-RRS.

While urging caution to federal regulators on raising appraisal thresholds, the Appraisal Institute is heartened by the agencies’ latest action, in which safety and soundness concerns outweigh the zeal for loan production.

The Office of the Comptroller of the Currency, National Credit Union Administration, Federal Deposit Insurance Corporation, and the Board of Governors of the Federal Reserve System on March 20 submitted a report to Congress on the results of a once every 10-year review of the Economic Growth and Regulatory Paperwork Reduction Act of 1996. The review, which technically began in 2014 with initial comment requests and included several rounds of outreach meetings into 2016, was summarized and presented in the Joint Report to Congress.

changing_rules

[Read more…]

Deadline Approaching for ‘Early Bird’ IVC Registration

Amorin blog header

If you’re thinking about heading to Ottawa, Ontario, for the 2017 International Valuation Conference, you can save yourself some money by acting today!

Deadline Approaching for ‘Early Bird’ Registration 

If you’re planning to attend the International Valuation Conference, hosted by the Appraisal Institute and the Appraisal Institute of Canada, you have just over two weeks – until April 18 – to register at the lowest available rate. Also, remember to book your room at one of the hotels where AI and AIC have negotiated room rates.

[Read more…]

Key Lessons on Market Analysis and the Appraisal Process

guest blogger bannerBen image blog sizeThe following is a guest blog by Benjamin R. Sellers, MAI.

Market analysis sets the stage for the valuation of a property. If it’s not right, then the value of the property likely won’t be defensible.

Why market analysis is important

The market analysis section of most appraisal reports is often overlooked in terms of applicable data and analysis relating to the subject property and the market in which it competes. Too many appraisers take a “one size fits all” approach to this section.

Appraisers must recognize that the market is constantly changing, and that certain scenarios require a higher level of analysis to provide a credible report for the intended user. There is no fixed formula, and certain relevant criteria must be addressed in complex assignments.

[Read more…]

Defining the Appraiser’s Role in Arbitration

guest blogger bannerThe following is a guest blog by Paula K. Konikoff, JD, MAI, AI-GRS.

shutterstock_324390098Appraisers expanding their practices into the area of arbitration can expect to play one of two roles: arbitrators or expert witnesses.

They are most often engaged in arbitrations addressing rent re-sets required by ground leases, large space leases and net leases on whole properties. They can be retained as valuation experts, or they can be retained as one of or the only (sole) arbitrator.

In either case, the valuation expert is most often “acting as an appraiser” for purposes of complying with standards, either the Appraisal Institute’s Standards of Valuation Practice, or the Uniform Standards of Professional Appraisal Practice, commonly known as USPAP. This means that the valuer must comply with the ethics and competency requirements

[Read more…]

VIDEO: International Valuation Conference Offers Exciting Off-site Activities

UntitledIn the Appraisal Institute’s latest video, AI Chief Executive Officer Frederick H. Grubbe, CAE, MBA, is joined by Appraisal Institute of Canada Chief Executive Officer Keith Lancastle, CAE, MBA, to discuss the off-site and networking opportunities awaiting attendees at this year’s International Valuation Conference, taking place June 8 – 11 in Ottawa, Ontario.

This is the first time in 13 years that the Appraisal Institute and Appraisal Institute of Canada will co-host an annual conference. [Read more…]

VIDEO: Appraisal Institute Announces International Valuation Conference Keynoter

StillIn the Appraisal Institute’s latest video, 2017 AI President Jim Amorin, MAI, SRA, AI-GRS, shares details about the keynote speaker and provides travel tips for this year’s International Valuation Conference. The conference will be co-hosted with the Appraisal Institute of Canada and will take place June 8 – 11 in Ottawa, Ontario. [Read more…]

VIDEO: Enhance Your Career with an Appraisal Institute Designation

Receiving an Appraisal Institute designation places appraisers in a unique group of professionals who go above and beyond the minimum requirements in their field, say three AI Designed Members.

Appearing in a video released by the Appraisal Institute, Michelle A. Alexander, MAI; Karl P. Finkelstein MAI; and Frank J. Lucco, SRA, share how receiving AI designations have benefitted their careers. Those benefits include:

[Read more…]