Defining the Appraiser’s Role in Arbitration

guest blogger bannerThe following is a guest blog by Paula K. Konikoff, JD, MAI, AI-GRS.

shutterstock_324390098Appraisers expanding their practices into the area of arbitration can expect to play one of two roles: arbitrators or expert witnesses.

They are most often engaged in arbitrations addressing rent re-sets required by ground leases, large space leases and net leases on whole properties. They can be retained as valuation experts, or they can be retained as one of or the only (sole) arbitrator.

In either case, the valuation expert is most often “acting as an appraiser” for purposes of complying with standards, either the Appraisal Institute’s Standards of Valuation Practice, or the Uniform Standards of Professional Appraisal Practice, commonly known as USPAP. This means that the valuer must comply with the ethics and competency requirements

[Read more…]

VIDEO: Enhance Your Career with an Appraisal Institute Designation

Receiving an Appraisal Institute designation places appraisers in a unique group of professionals who go above and beyond the minimum requirements in their field, say three AI Designed Members.

Appearing in a video released by the Appraisal Institute, Michelle A. Alexander, MAI; Karl P. Finkelstein MAI; and Frank J. Lucco, SRA, share how receiving AI designations have benefitted their careers. Those benefits include:

[Read more…]

Video: Appraisal Institute Enhances International Outreach Efforts

The Appraisal Institute’s reputation as an international thought leader for the valuation profession continues to grow, says AI President Scott UntitledRobinson, MAI, SRA, AI-GRS, in the association’s latest video. Designated Members live and work in nearly 60 countries on six continents.

The numerous ways in which the Appraisal Institute, its elected officers and others work with and influence international valuation professionals include:

[Read more…]

VIDEO: AI Helps Appraisers Explore Valuation’s Possibilities

The Appraisal Institute has been the thought leader of the valuation profession for more than eight decades, offering appraisers the tools they need for business success. With a proud history and a vital presence in today’s market, AI helps appraisers explore the new opportunities and possibilities of the evolving valuation profession.

For nearly 20,000 professionals in 60 countries, AI is a world-wide influence, providing: [Read more…]

Video: Appraisal Institute Brings Together the Pieces for Business Success

For more than 80 years, the Appraisal Institute has been providing the tools and standards valuation professionals can use to be successful in their businesses. As the nation’s largest professional association of real estate appraisers, AI is the valuation profession’s thought leader and proudly advocates for appraisers throughout the country and around the world. Today nearly 20,000 professionals in almost 60 countries are able to turn to AI for business-building tools and high ethical standards.

[Read more…]

VIDEO: Appraisal Institute Green Valuation Tools Assist Appraisers

In a new video from the Appraisal Institute, Sandra K. Adomatis, SRA, discusses the green valuation tools that are available from the association and how they can help appraisers.

Since 2008, the Appraisal Institute has served as the thought leader in educating appraisers in green and energy-efficient valuation for both commercial and residential properties.

[Read more…]

VIDEO: Media Coverage of Appraisal Institute, AI Professionals Seen by More Than 900 Million in 2016

Media-GlobeThe Appraisal Institute’s latest video highlights media coverage featuring the association and its professionals during the first six months of 2016.

Almost 700 stories featuring AI and/or its professionals appeared in nearly 400 unique media outlets including print, television and online, with a potential audience of more than 900 million and a publicity value of almost $600,000.

[Read more…]