If you’re planning to be in Ottawa, Ontario, June 8-11, for the 2017 International Valuation Conference, time is running out to get the best available registration rate!
Deadline Approaching for Online Conference Registration
Online registration for the International Valuation Conference, hosted by the Appraisal Institute and the Appraisal Institute of Canada, closes May 30. After that, onsite registration will be available, but at a higher rate. Also, remember to book your room at one of the hotels where AI and AIC have negotiated room rates: The Novotel Ottawa (reference Appraisal Institute/Appraisal Institute of Canada) and Les Suites Ottawa (reference group code AIC2017).
If your passport expires before December 8, you’re running out of time to renew! Average time to obtain or renew a passport is six weeks, so apply now. And, don’t forget to contact your mobile carrier to ensure that your phone will work in Canada. Best of all, the exchange rate currently is favorable, so your dollar will go further.
The International Valuation Conference will be one of this year’s largest networking and professional development opportunities within the valuation profession, offering:
- Hundreds of AI and AIC members and valuation partners;
- Educational sessions offering up to 80 AI continuing education points and 10.5 state CE credits;
- Exhibits of cutting-edge valuation products and services;
- An awards reception and gala dinner;
- Networking with peers; and
- Opportunities for exploring Canada’s capital city, Ottawa, as Canada celebrates 150 years as a nation.
AI Testifies Before Congress on VA Loans
Speaking at a Capitol Hill hearing, the Appraisal Institute on April 4 advocated for appraiser independence in the federal program that provides housing loans to military veterans.
AI Vice President Stephen Wagner, MAI, SRA, AI-GRS, told the Subcommittee on Economic Opportunity of the House Committee on Veterans’ Affairs that, “The Appraisal Institute supports the basic framework of the VA Fee Panel in contrast to what is currently found in the Federal Housing Administration or the private sector.” He added, “By comparison, the structure of the Fee Panel facilitates a greater degree of appraisal independence and represents a much more positive environment for real estate appraisers.”
Learn more about AI’s testimony.
AI Joins Key Industry Groups in Letter Supporting Consumer PACE Loan Protections
The Appraisal Institute on April 24 joined more than two dozen other real estate organizations in expressing support for federal legislation that would enhance consumer protection requirements for Property Assessed Clean Energy loans, known as PACE loans.
PACE loans are mortgage financing and should be subject to federal consumer protection requirements. The bill would provide these loans the same Truth in Lending Act consumer protections required of other mortgage products, including the Consumer Financial Protection Bureau’s “Ability-to-Repay” and “Know Before You Owe” rules and Home Ownership and Equity Protection Act standards.
AI Participates In Key Industry Events
In keeping with the Appraisal Institute’s commitment to convey its thought leadership to real estate professionals and others, I was joined by Chief Executive Officer Fred Grubbe, MBA, CAE, at the American Real Estate Society (commonly known as ARES) Annual Conference, April 4-8, in Coronado, California, where Fred addressed AI’s educational and designation offerings for academicians and AI staffed its exhibit booth.
Also, President-Elect Jim Murrett, MAI, SRA, and Immediate Past President Scott Robinson, MAI, SRA, AI-GRS, attended the Association of Appraiser Regulatory Officials (commonly known as AARO) Spring Conference, April 7-9, in Tampa, Florida, where Scott discussed modernizing the appraisal regulatory structure.
Additionally, Jim, Scott and Fred represented AI at The European Group of Valuers Associations Valuation Conference, April 20-22, in Belgrade, Serbia, where Scott presented on valuer licensing in the U.S.
AI also exhibited at the American Bar Association Spring Symposia CLE Meeting, April 19-21, in Denver.
Other News Around AI
And here’s some additional important news from the Appraisal Institute:
- AI posted two videos this month to its YouTube channel. In one, Leslie Sellers, MAI, SRA, AI-GRS; Ivette Collins, MAI; Ron DeVries, MAI, SRA; and James Henderson, SRA, address the value of volunteering with the organization; in the other, Appraisal Institute of Canada President Dan Brewer and I share details about educational offerings at the International Valuation Conference.
- AI published guest posts from five Designated Members on its “Opinions of Value” blog during the past two months:
- Tim Runde, MAI, LEED AP, “5 Questions for Commercial Solar PV Valuation;”
- Frank Molinari, SRA, “4 Tips to Prepare for Trial Testimony;”
- Justin Slack, MAI, SRA, AI-GRS, AI-RRS, “Cautious Optimism on Appraisal Thresholds;”
- Ben Sellers, MAI, “Key Lessons on Market Analysis and the Appraisal Process;” and
- Paula Konikoff, JD, MAI, AI-GRS, “Defining the Appraiser’s Role in Arbitration.”
- The Appraisal Institute continues to grow its social media presence. Be sure to follow AI on Facebook, Twitter, LinkedIn and YouTube.
Have an outstanding month!