Opinions of Value

Your source for appraisal news and trends

7 Unexpected Considerations in Relocation Appraisals

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guest-blogger-banner-1By Frank J. Lucco, SRA

When a relocation appraisal professional is asked to offer an opinion of anticipated sales price, the task can be daunting. Specialized training, education and experience typically are key ingredients when generating a credible opinion of value.

Forecasting involves not only the usual consideration of trends, comparable sales and current competitive listings, but also the nuances of the subject property, the neighborhood and the market area in which the property is located.

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Video: How Appraisal Institute Designations Can Expand Careers

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Appraisal Institute designations can take careers to new levels, expanding them into different areas of the valuation profession, say three AI Designated Members.

In a video released by the organization, David W. Binz, SRA; Ron D. DeVries, MAI, SRA; and Benjamin R. Sellers, MAI, discuss the different ways their careers have been enhanced through their designations, including:

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Career Opportunity: Rural Markets

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guest-blogger-banner-1By Michael V. Tankersley, MAI, SRA, AI-RRS

My appraisal practice started in a small town in southern middle Tennessee. Like many people from small towns in rural America, I dreamed of doing big things. From an appraisal perspective, that meant complex assignments that were interesting and challenging. So I appraised local properties and looked forward to the day I could expand my practice into the Nashville metropolitan area.

A few years went by, and I pursued the SRA and the MAI designations because I saw that I needed stronger skills to compete in the Nashville metro market. As my career progressed, I realized that I had been missing a big opportunity. The greatest opportunity for growth was not in the highly competitive metropolitan areas, but in the rural markets where I was already located.

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VIDEO: 2018 Annual Conference Call for Proposals

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The Appraisal Institute is seeking submissions from individuals who wish to be a part of the valuation profession’s biggest event of the year.

Appraisal Institute Designated Members and others are invited to submit proposals for presentations or panel discussions to take place at the 2018 Annual Conference, July 30-Aug. 1, in Nashville, Tennessee.

Attendees of previous AI Annual Conferences said they were particularly interested in these topics:

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Tectonic Transformation: Technology’s Influence on the Future of Valuation

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guest-blogger-banner-1By Mark R. Linné, MAI, SRA, AI-GRS

As appraisers, we are perceived to be the experts in valuation. As experts, we are at an inflection point from changes resulting from new technologies and big data, as well as changes in our core business model.

Not only are these changes exponential, digital and combinatorial, but most of the gains and changes are still ahead of us. Technology creates possibilities and potential, but ultimately, the future depends on the choices we make.

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How Appraisal Institute Designations Can Help Valuation Careers

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Receiving designations from the Appraisal Institute can go hand-in-hand with helping build a successful valuation career, say three AI Designated Members.

Appearing in a video are Appraisal Institute Designated Members Michelle A. Alexander, MAI; Robert P. Caringella, MAI, SRA, AI-GRS; and Frank J. Lucco, SRA, discussing the many ways their careers have been improved by receiving their AI designations. Among the benefits are:

  • A first-rate valuation education;
  • Networking opportunities with top-raking professionals;
  • Ability to stand out from non-designated professionals; and
  • An indication of level commitment and professionalism.

Watch the video to learn more about these, and other benefits:

Take your valuation career to the next level by becoming a Designed Member of the Appraisal Institute. Learn how on the Appraisal Institute website.

VIDEO: 2017 Media Coverage of Appraisal Institute and Professionals Seen by More Than 1 Billion

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More than 1 billion.

That’s the potential viewing audience for first half 2017 media coverage featuring the Appraisal Institute and its professions, notes a video of AI’s latest media highlights.

AI and its professionals were featured in 1,337 stories appearing in 544 unique media outlets that includes print, television and online. The potential audience was more than 1 billion with a publicity value of nearly $3.5 million.

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VIDEO: How Volunteering for the Appraisal Institute Helps Appraisers

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Volunteering for the Appraisal Institute gives appraisers the opportunity to advance their careers, give back to the valuation profession and contribute to their communities.

The organization released a video in which David W. Binz, SRA; Rob P. Caringella, MAI, SRA, AI-GRS; Allen W. Gardiner, SRA; and Jean W. Moss, MAI, share the reasons why they find volunteering with the Appraisal Institute to be rewarding, including:

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