Happy Memorial Day weekend!
As we move into the summer season, I hope your business is heating up as well. Speaking of warmth, there’s no better place to be than in my home state of North Carolina, July 25-27, for the Appraisal Institute’s Annual Conference in Charlotte. This will be an outstanding event that you won’t want to miss!
AI Announces Golf Outing at Annual Conference
For all interested duffers, the Appraisal Institute has scheduled a golf outing to take place at 1 p.m., July 23, at The Olde Sycamore Golf Plantation, prior to the 2016 Appraisal Institute Annual Conference, which takes place July 25-27 in Charlotte, North Carolina.
Located approximately 30 minutes from the Sheraton Charlotte Hotel (site of the AI Annual Conference), The Olde Sycamore Golf Plantation is a semi-private golf club in southeast Charlotte that offers a Tom Jackson-designed 18-hole championship golf course that was rated the “Best New Course” and “Best Golf Course Eastside” by Charlotte Magazine.
The golf outing is $90 per person and includes transportation to and from the Sheraton Charlotte.
AI Board of Directors Approves Strategic Plan
The Appraisal Institute Board of Directors approved a three-year strategic plan during its May 5-6 meeting in Chicago.
The strategic plan, which is for July 2016 through June 2019, includes four objectives:
- Operate in ways that valuation professionals recognize as important and that encourage their ongoing affiliation with the Appraisal Institute;
- Continue as the recognized leader in the real property valuation profession, including credentialing, ethics and standards, advocacy, the development and delivery of education, and the timely creation of quality programs and publications;
- Operate efficiently to ensure the Appraisal Institute’s financial stability; and
- Advance the Appraisal Institute as the leading international source of real property valuation knowledge.
Learn more about the strategic plan.
AI Calls on Congress to Address Appraisal Regulation
The Appraisal Institute joined the American Bankers Association, the National Association of Home Builders, the National Association of Realtors and The Appraisal Foundation on May 2 in calling on Congress to hold a hearing this year on the future of appraisal regulation.
The groups noted that the federal regulatory structure for real estate appraisal essentially has been untouched since enactment of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 and that the most recent Congressional committee hearing devoted to appraisal oversight was four years ago.
Learn more about the organizations’ efforts.
LDAC Concludes Today in Washington, D.C.
More than 100 Appraisal Institute professionals went to Capitol Hill on May 26 to strongly encourage congressional support for appraisal regulatory modernization. Learn more.
Attendees at AI’s annual Leadership Development and Advisory Council Conference, held May 25-27 in Washington, participated in presentations by discussion leaders on key issues including:
How can AI support membership to expand services beyond the typical USPAP assignment?
Elaine Liz-Ramirez, MAI
What is the outlook for an SRA of the future?
Byron E. Miller, SRA, AI-RRS
Existing: Professional Development – It’s your business
Rodman Schley, MAI
How could AI increase its market share?
Chris Ponsar, MAI, SRA
I was joined at LDAC by AI’s other officers – President-Elect Jim Amorin, MAI, SRA, AI-GRS; Vice President Jim Murrett, MAI, SRA; Immediate Past President Lance Coyle, MAI, SRA; and Chief Executive Officer Fred Grubbe, MBA, CAE – and I enjoyed presenting at the opening general session. I’d also like to acknowledge 2016 LDAC Chair Aaron M. Carone, MAI, and Vice Chair Trevor C. Hubbard, MAI, SRA, for their outstanding efforts organizing the conference.
AI Participates in Key Industry Events
In keeping with the Appraisal Institute’s commitment to convey its thought leadership to real estate professionals and others, I was joined by Jim Amorin and Fred Grubbe at The European Group of Valuers Association Spring Meeting, May 12-14, in Brussels, where I presented on the future of the valuation profession.
Tim Runde, MAI, presented at a May 17 webinar hosted by the Institute for Market Transformation about valuing commercial green properties.
Jim Amorin also attended the National Association of Home Builders Mortgage Roundtable, May 19-20, in Washington, D.C.
Appraisal Institute staff and I also addressed real estate valuation topics with reporters and editors at six media outlets – including CNBC, U.S. News & World Report and The Wall Street Journal – during the Appraisal Institute’s Washington, D.C., media tour May 24-25.
AI also exhibited at the American Bar Association Section of Taxation May Meeting, May 5-7, in Washington, D.C., and the American Bar Association Spring Symposia CLE Meeting, May 12-13, in Boston.
Other News Around AI
And here’s some additional important news from the Appraisal Institute:
- The Appraisal Institute posted a new video to its YouTube channel in which Sandra Adomatis, SRA; Rick Carlile, MAI; Manisha Hunter, SRA; Siska Hutapea, MAI; Jared Schweitzer, MAI; and Joshua Wood, MAI, share their favorite parts of the AI Annual Conference.
- The Appraisal Institute continues to grow its social media presence. Be sure to follow AI on Facebook, Twitter, LinkedIn, YouTube and the Appraisal Institute blog, Opinions of Value.
I hope everyone has a successful month!