5 Questions for Commercial Solar PV Valuation

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The following is a guest blog by Timothy P. Runde, MAI, LEED APsolar_panel

Valuation of solar photovoltaic systems is emerging as a must-have competency for commercial appraisers, but developing a credible opinion of value can be challenging. Whether you’re new to solar valuation or you have a portfolio of valuations under your belt, here are five questions worth considering for your next solar PV assignment. [Read more…]

VIDEO: Why Valuation Professionals Volunteer for the Appraisal Institute

Volunteer_4Volunteering for the Appraisal Institute can be a rewarding part of a valuation career, say four AI Designated Members.

The Appraisal Institute released a video in which Leslie P. Sellers, MAI, SRA, AI-GRS; Ivette Collins, MAI; Ron D. DeVries, MAI, SRA; and James L. Henderson, SRA, discuss how volunteering for the organization has [Read more…]

Key Lessons on Market Analysis and the Appraisal Process

guest blogger bannerBen image blog sizeThe following is a guest blog by Benjamin R. Sellers, MAI.

Market analysis sets the stage for the valuation of a property. If it’s not right, then the value of the property likely won’t be defensible.

Why market analysis is important

The market analysis section of most appraisal reports is often overlooked in terms of applicable data and analysis relating to the subject property and the market in which it competes. Too many appraisers take a “one size fits all” approach to this section.

Appraisers must recognize that the market is constantly changing, and that certain scenarios require a higher level of analysis to provide a credible report for the intended user. There is no fixed formula, and certain relevant criteria must be addressed in complex assignments.

[Read more…]

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…]