Opinions of Value

Your source for appraisal news and trends

Menu
  • Home
  • AI Resources
  • Education
  • Publications
  • Professional Practice
  • News
  • Advocacy
  • About Us
You are here: Home / 2020 Appraisal Institute President's Messages / AI Urges Passage of Appraisal Portal Legislation

AI Urges Passage of Appraisal Portal Legislation

July 31, 2020 by Appraisal Institute Staff

I’m pleased to report that AI once again took a position in advocating for the valuation profession in our nation’s Congress. Learn more about that, and other timely updates, from the past month.

AI Urges Passage of Appraisal Portal Legislation

As you may know, the Appraisal Institute on July 9 sent a letter to Reps. David Kustoff, R-Tenn., and Ed Perlmutter, D-Colo., urging swift passage of HR 7688, the Portal for Appraisal Licensing Act of 2020. We expect that this legislation will amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a portal for appraisal credentialing and AMC registration information, and for other purposes.

The Appraisal Institute noted in its letter that “the Portal for Appraisal Licensing Act of 2020  addresses all of these concerns by authorizing the Appraisal Subcommittee – a federal agency – to work with state appraiser regulatory agencies to establish a portal to provide appraisers one-stop shopping capabilities in applying for and renewing appraiser licenses and certifications. Enactment of the Portal for Appraisal Licensing Act of 2020 will dramatically improve the business and regulatory environment for appraisers and help attract and retain qualified practitioners to the appraisal profession.”

Read the Appraisal Institute’s letter and learn more about the Portal for Appraisal Licensing Act.

AI Webinars Continues to Provide Timely Information for Appraisers

Here’s some current and important information that may be useful to your business during this pandemic.

The Appraisal Institute continues to host a weekly AI Answers session most Wednesdays. These sessions are conducted via GoToMeeting. Please check out the recordings of these sessions.

During the July 1 session, Appraisal Institute Director of Government and External Relations, Bill Garber, and Director of Research & Corporate Engagement, K.C. Conway, MAI, CRE, CCIM, with the Alabama Center for Real Estate, discussed the latest economic indicators and the state of the real estate market. 

View the session.

The Appraisal Institute was pleased to host a session July 15 featuring Founder and Chief Executive Officer of Property Sciences, Inc, Paul Chandler, MAI, who shared some behind-the-scenes observations on AVM quality and reliability, and looked ahead to some issues facing regulators in developing AVM quality control standards.

View the session.

On July 22, Bill Garber spoke with Jonathan Thatcher, CSCP, CLTD, CAE, senior manager of research for the Appraisal Institute, who analyzed recent time series survey results of appraisal professionals in the midst of the COVID-19 pandemic.  

View the session.

On July 29, Bill Garber was pleased to speak with Bob Wislow, chairman of Parkside-Realty Inc.; co-leasing agents, Camille Julmy and Katie Scott; and architect, Lamar Johnson with Lamar Johnson Collaborative, to discuss the first office building in the United States designed for the post-COVID-19 environment.

View the session.

Learn the Latest News and Updates on How COVID-19 Affects Appraisers

With the pandemic still in existence, the Appraisal Institute wants to provide vital information on how the coronavirus pandemic is affecting appraisers. On our Coronavirus Updates page, you’ll continue to find news and updates from government-sponsored enterprises and agencies. You’ll also find all of AI’s resources that are relevant to the pandemic including: AI Answers, webinars, ANO articles, guides, summaries and emails.

Please visit the Coronavirus Updates page on AI’s website.

New Webinar Series Describes Desktop Appraisals

If you’re among the general and residential appraisers that serve lenders, I encourage you to check out AI’s 7-hour seminar, “Desktop Appraisals (Bifurcated, Hybrid) and Evaluations,” which will premiere Aug. 31.

The seminar will review the expectations of alternative appraisal services, potential uses, appraisal standard implications, scope of work and liability concerns as it applies to residential and commercial assignments.

Get the details!

Q2 2020 ‘Volunteer of Distinction’ Honorees Named
Congratulations to Charles L. Cather, SRA, (Ohio Chapter) and Betsy K. Hughes, SRA, AI-RRS, (Hampton Roads Chapter), who were honored by the Appraisal Institute for their AI, valuation profession and community service as a “Volunteer of Distinction” for second quarter 2020.

Any AI professional in good standing may nominate another AI professional in good standing at VOD@appraisalinstitute.org.

Other News Around the Appraisal Institute

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

  • Be sure to save the date for the Appraisal Institute’s 2021 Annual Conference, Aug. 9-10, at the JW Marriott Orlando, Grande Lakes. Stay tuned for more details in the coming months.
  • On July 1, North Carolina House Speaker Tim Moore appointed Jack C. (Cal) Morgan III, MAI, SRA, AI-GRS, owner of JC Morgan Company in Wilmington and chair of the city’s Zoning Board of Adjustment, to the state’s Appraisal Board. His term runs to June 30, 2021.
  • AI posted a new video to its YouTube channel during the past month featuring information about AI’s media coverage highlights from January through June 2020.
  • Have you read the latest issues of Valuation magazine and The Appraisal Journal? If not, check out the terrific content!
  • The Appraisal Institute continues to expand its social media activities. Be sure to follow AI on Facebook, Twitter, LinkedIn and YouTube.

Have a safe month!

Filed Under: 2020 Appraisal Institute President's Messages

Latest Posts

  • Media Coverage of Appraisal Institute Seen by More than 700 Million January 26, 2021
  • AI Co-signs Letter to President-Elect Biden on Commercial Real Estate Issues December 23, 2020
  • AI’s Major Accomplishments Throughout 2020 November 27, 2020
  • AI Joins Forces with Other Organizations to Combat Unconscious Valuation Bias October 30, 2020
  • Appraisal Institute Reinforces Commitment to Expand Diversity, Tackle Housing Challenges October 21, 2020
  • 17 Professionals Honored with Appraisal Institute Awards September 25, 2020
  • AI’s Newest Book Discusses Core Real Estate Markets and Valuation Standards September 17, 2020
  • AI Seeks to Partner with TAF on Alleged Bias in Valuation August 28, 2020
  • Resources for Appraisers on Hybrid/Bifurcated Appraisals August 18, 2020
  • 4 Tips for Appraisers to Keep Their Businesses Safe During the Pandemic August 10, 2020

Posts by topic

  • 2014 Presidents message (5)
  • 2015 President's Messages (12)
  • 2016 President's Messages (8)
  • 2017 President's Messages (13)
  • 2018 Annual Conference (5)
  • 2018 Appraisal Institute President's Messages (3)
  • 2018 President's Messages (9)
  • 2019 Annual Conference (8)
  • 2019 President's Messages (12)
  • 2020 Appraisal Institute President's Messages (8)
  • 2020 President's Messages (5)
  • AI Connect (5)
  • AMS (2)
  • appraisal bias (1)
  • appraisal careers (17)
  • Appraisal Insstitute designatons (2)
  • Appraisal Institute (219)
  • Appraisal Institute Annual Meeting (8)
  • Appraisal Institute Annual Meeting (4)
  • Appraisal Institute blog (9)
  • Appraisal Institute Body of Knowledge (3)
  • Appraisal Institute chapters (1)
  • Appraisal Institute designation (5)
  • Appraisal Institute Designations (8)
  • Appraisal Institute Education (2)
  • Appraisal Institute Green Addendum (2)
  • Appraisal Institute media coverage (6)
  • Appraisal Institute volunteer opportunities (3)
  • appraisal legislation (4)
  • appraisal myths (3)
  • appraisal regulation (8)
  • appraisal threshold (5)
  • appraisal thresholds (4)
  • appraisal waivers (1)
  • appraiser diversity (1)
  • appraiser trainee (1)
  • Appraisers (8)
  • Arbitration (2)
  • arbitrator (1)
  • association management system (1)
  • automated valuation models (1)
  • AVM (1)
  • Bifurcated Appraisal (1)
  • big-box properties (1)
  • Call for proposals (1)
  • Candidate for Designation (3)
  • Candidate for Designation (3)
  • challenging appraisals (1)
  • co-op appraisals (1)
  • condo appraisals (1)
  • conservation easement appraisals (1)
  • conservation easements (1)
  • consumer appraisal information (11)
  • coronavirus appraisals (1)
  • designations (3)
  • desktop appraisals (1)
  • Diminution valuation (1)
  • exterior appraisals (1)
  • FHA appraisals (1)
  • FHA Handbook 4000.1 (1)
  • green valuation (9)
  • HERS Index (1)
  • HERS rating (1)
  • Highest and best use (2)
  • home appraisals (6)
  • home inspections (2)
  • Home Renovations (1)
  • Home Winterization Tips (2)
  • Hybrid Appraisal (1)
  • International outreach (1)
  • International Valuation Conference (5)
  • landscaping and appraisal (2)
  • landscaping and property values (2)
  • Main (10)
  • market analysis (3)
  • multifamily appraisals (1)
  • office building appraisals (1)
  • office property appraisals (1)
  • oil spills (1)
  • overhead transmission lines (1)
  • property tax appeals (3)
  • PUD appraisals (1)
  • relocation (1)
  • Residential Appraisal (1)
  • residential appraisals (8)
  • residential appraisers (4)
  • RMAT (1)
  • rural property (3)
  • social media for appraisers (2)
  • solar (1)
  • SRA designation (1)
  • TAF (1)
  • taxes (1)
  • technology and valuation (1)
  • testimony (1)
  • The Appraisal Foundation (1)
  • The Appraisal Institute (82)
    • Appraisal Institute Review Designations (1)
  • The Appraisal Journal (2)
  • timeshare appraisals (1)
  • transportation (1)
  • Trial preparation (1)
  • USPAP (1)
  • valuation careers (10)
  • volunteer (1)
  • Volunteers of Distinction (8)

RSS AI News

  • New Appraisal Institute Text Demonstrates Essential Valuation Techniques January 20, 2021
  • Appraiser Diversity Workshop Scheduled January 14, 2021
  • Appraisal Institute Helps Tackle Unconscious Valuation Bias: Valuation Magazine January 12, 2021

RSS Industry News

  • SBA Re-opens Paycheck Protection Program for New and Some Current Borrowers January 20, 2021
  • Essential Worker Status May Help Appraisers Get Early Vaccination January 20, 2021
  • GSEs Extend Flexibilities for Appraisals, Employment Verification January 20, 2021

Follow us

icon_youtubeicon_linkedinicon_twittericon_rssicon_facebook

About this blog

Opinions of Value provides the appraiser perspective on developments in the valuation profession, insight on legislative and regulatory issues and outlook on industry trends.
Terms of Use | Disclaimer | Guest Blogger Guidelines

Subscribe


Dotcomm Award

Copyright © 2021 · Genesis Child on Genesis Framework · WordPress · Log in