AI Releases Updated ‘Green’ Addendum

Amorin blog header

I’m proud to share that the Appraisal Institute has taken another big step to solidify its role as the valuation profession’s thought leader!

AI Releases Updated ‘Green’ Addendum

The Appraisal Institute on May 16 released an updated version of its AI Reports® Residential Green and Energy Efficient Addendum, which will assist appraisers and users of appraisal services in understanding market reactions to green and energy efficient homes.

The Addendum will help appraisers meet appraisal standards requirements for identifying property characteristics that are relevant to that property type and value.

For its efforts in updating the Addendum, AI was recognized May 15 at the Better Buildings Summit 2017 as part of the U.S. Department of Energy Home Energy Information Accelerator in Washington, D.C.

Learn more about AI’s updated Addendum.

Deadline Next Week for Online Conference Registration

Online registration for the International Valuation Conference, hosted by the Appraisal Institute and the Appraisal Institute of Canada, closes May 30 – just four days from now! After that, onsite registration will be available, but at a higher rate. Also, remember to book your room at one of the hotels where AI and AIC have negotiated room rates: The Novotel Ottawa (reference Appraisal Institute/Appraisal Institute of Canada) and Les Suites Ottawa (reference group code AIC2017).

The International Valuation Conference, being held June 8-11 in Ottawa, Ontario, will be one of this year’s largest networking and professional development opportunities within the real estate valuation profession, featuring:

  • Educational sessions offering up to 80 AI continuing education points and 10.5 state CE credits;
  • Exhibits of cutting-edge valuation products and services;
  • An awards reception and gala dinner;
  • Networking with hundreds of valuation peers; and
  • Opportunities for exploring Canada’s capital city, Ottawa, as Canada celebrates 150 years as a nation.

Learn more about the International Valuation Conference and register.

 LDAC Attendees Lobby for Appraisal Regulatory Modernization

More than 100 Appraisal Institute professionals went to Capitol Hill on May 4 to urge congressional support for modernization of the appraisal regulatory process. Attendees at AI’s annual Leadership Development and Advisory Council conference, held May 3-5 in Washington, also participated in forums facilitated by discussion leaders on key issues:

  • “Appraise or Consult – Are Specializations the Way of the Future?” – Julie Battaglia, MAI, AI-GRS;
  • “Creating a Framework for the Future” – Melissa Downing, MAI;
  • “Branding AI and Appraisers” – Steve Henry, MAI; and
  • “A New Career – How Do We Connect the Beginner with the Experienced?” – Travis Taylor, MAI.

I was joined at LDAC by AI’s other officers – President-Elect Jim Murrett, MAI, SRA; Vice President Stephen Wagner, MAI, SRA, AI-GRS; Immediate Past President Scott Robinson, MAI, SRA, AI-GRS; and Chief Executive Officer Fred Grubbe, MBA, CAE – and I enjoyed presenting at the opening general session. I’d also like to acknowledge 2017 LDAC Chair Trevor Hubbard, MAI, SRA, AI-GRS, and Vice Chair Rodman Schley, MAI, for their amazing efforts organizing the conference.

Jeff Sherman Nominated for 2018 AI Vice President

Jefferson L. Sherman, MAI, AI-GRS, of Highland Heights, Ohio, was nominated for 2018 Appraisal Institute vice president by the AI National Nominating Committee at its May 23-24 meeting in Chicago.

National Nominating Committee Chair Scott Robinson, MAI, SRA, AI-GRS, officially will submit the committee’s nomination to the AI Board of Directors at its June 6-7 meeting in Ottawa, Ontario. Board members may file petitions for additional nominees in accordance with the Appraisal Institute Bylaws.

The AI Board of Directors is expected to elect the 2018 Appraisal Institute vice president at its August 24-25 meeting in Chicago.

Learn more about Jeff Sherman.

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 at the National Association of Realtors May Conference Valuation Forum, May 16, in Washington, D.C., where I participated on the panel, “Modernizing Appraisal: What’s in Store for Agents and Appraisers?”

Fred and I also attended the North American Council of Appraisal Organizations and The Appraisal Foundation Board of Trustees meetings on May 18-20 in Palm Beach, Florida. Fred also is scheduled to attend the Real Estate Association Executives Summit on May 31-June 1 in Washington.

Other News Around AI

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

Have an outstanding month!