AI Secures Annual Meeting Speaker

I’m excited to share that the Appraisal Institute has secured another exciting general session speaker for its 2014 Annual Meeting, taking place August 4-6 at the Hilton Austin in Texas! Discounted early registration closes June 1, so be sure to sign up today.

AI Announces Annual Meeting Speaker

Brian Olasav, managing director, McKenna Long & Aldridge LLP, has accepted AI’s invitation to speak at the closing general session of its 2014 Annual Meeting. Olasav will address “A $19 Trillion Education: Are We Smarter Now than in 2008?” According to the U.S. Treasury Department, household net worth plunged by more than $19 trillion during the financial crisis. A large component of this arose from an unforeseen national depression in residential and commercial real estate values. Olasav will discuss what real estate markets and professionals, particularly appraisers, can learn and apply.

Attendees at this year’s AI Annual Meeting will experience first-class education and extensive networking options, the opportunity to earn Appraisal Institute CE credit and state credit, cutting-edge exhibits from valuation profession vendors, an awards dinner honoring top valuation professionals and the chance to explore numerous social and recreational activities in Austin.

Learn more about the 2014 Annual Meeting, view the recently posted session descriptions and speakers and register today.

AI Sets Stage for Future Education in Persian Gulf

Following up on AI’s visit in March, I was joined by Chief Executive Officer Fred Grubbe, CAE, in Kuwait last week for a series of productive meetings with Kuwait University, the Ministry of Commerce of Kuwait, the Central Bank of Kuwait and the Real Estate Association of Kuwait. During the same time, Tom Cowart, MAI, taught AI’s “Basic Appraisal Procedures” course at Kuwait University – Real Estate Academy in Kuwait City. During last month’s trip, Leslie Sellers, MAI, SRA, taught AI’s “Basic Appraisal Principles” course at the same location.

AI Enhances Thought Leadership, Attends Key Industry Events

To further convey AI’s thought leadership to valuation professionals and others interested in appraisals, I addressed the American Real Estate Society’s Annual Meeting April 1-5 on Coronado Island, Calif., and served on a panel at the American Bankers Association’s Real Estate Lending Conference April 6-8 in Charleston, S.C. Vice President Scott Robinson, MAI, SRA, AI-GRS, spoke at the Southern California Chief Appraisers Meeting April 9 in Los Angeles; I spoke at the Metro New Jersey Chapter’s Princeton Conference April 11 in Princeton, N.J.; and President-Elect Lance Coyle, MAI, SRA, attended the Association of Appraiser Regulatory Officials’ Spring Meeting April 11-13 in San Francisco.

2015 AI Vice President Candidates under Consideration

The Appraisal Institute’s National Nominating Committee will interview four candidates for 2015 AI vice president during its May 1 meeting in Chicago. The committee is expected to nominate one or more individuals for 2015 vice president of the Board of Directors at the Board’s May 2-3 meeting in Chicago.

The candidates are Jim Amorin, MAI, SRA, AI-GRS; Richard J. Murray, SRA; Justin D. Slack, MAI, SRA, AI-GRS, AI-RRS; and Kern G. Slucter, MAI, SRA.

AI professionals may view the candidate questionnaires (log-in required) and provide input by April 25. Correspondence should be addressed to Richard L. Borges II, MAI, SRA, chair, 2014 National Nominating Committee, and emailed to Darlene Grass, director, governance,

The Appraisal Institute bylaws, Article X, Part C, say in part: “Additional nomination(s) for Vice President or any other vacant Officer position(s) not filled by automatic succession may be received from the Board of Directors, provided a written petition signed by at least twenty percent (20 %) of the directors is delivered in writing to the Chief Executive Officer no later than forty-five (45) days after the Nominating Committee’s submission of its nomination(s) to the Board.” The election is scheduled to be held during the Aug. 7-8 Board of Directors meeting in Austin, Texas.

Other News Around AI

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

  • On April 23-24, I participated in a New York City media tour, which included meetings with reporters and editors at The Wall Street Journal, Forbes magazine, CNN Money, Commercial Property Executive, National Mortgage News, American Banker and other media outlets. These meetings provided the opportunity to enhance the Appraisal Institute’s reputation with key media contacts who cover commercial and residential real estate.
  • On April 8, the Appraisal Institute released its latest book, “Residential Green Valuation Tools,” by Sandra K. Adomatis, SRA. Learn more and order your copy.
  • Immediate Past President Rick Borges, MAI, SRA, has been appointed to the Appraisal Subcommittee Advisory Committee for Development of Regulations and attended its April 15-17 meeting in Washington, D.C.Learn more about the committee’s work and Rick’s appointment.
  • The Appraisal Institute posted a new video to its YouTube channel this month, where Rocky Shiplett, MAI, and Michael McCall, MAI, discuss what appraisers should know about right-of-way valuation assignments.
  • The Appraisal Institute’s blog was honored this week with a Spotlight Award from the League of American Communications Professionals. The blog received a Gold Award in the Web/E-Mail: Web/Intranet Site category. More than 1,500 entries were received for this year’s Spotlight Awards, representing a dozen countries and 300 entities.
  • The Appraisal Institute continues to grow its social media presence. Be sure to follow AI on Facebook, Twitter, LinkedIn and YouTube.

Have a great month!