Give Back by Serving as an AI PAREA Mentor

As we prepare to give thanks tomorrow, I hope you’re finding time to relax and celebrate the holiday with friends, family and your community. My family kicks off our Thanksgiving celebrations by participating in the Knights of Columbus Turkey Day Run. We’ve done this as a family for decades, with one of us pushing a stroller and then as walkers and runners. At the end of the race, we enjoy some cold beers while re-connecting with old and new friends participating in the event. When the race was shut down for the pandemic, we ran a 3.2-mile loop around the neighborhood in solidarity with beverages in our driveway which included Bloody Marys.

After the run, we enjoy brunch together and then share time with extended family who usually arrives mid-day. Our Thanksgiving meal is served late afternoon and typically includes a turkey (either barbequed or fried), baked ham and the traditional sides. By about 6 p.m., most of us have retired to the couch for a much-needed rest while enjoying hot apple pie, pecan pie and my Mother-in-Law’s “pitiful pearl” lemon pound cake.

This Thanksgiving, I hope you have the time to reflect on the many people who have helped pave the way for you, whether that’s in your family life, your community, or your career. And in the spirit of the holiday, I hope you’ll take some time to think about more ways you can give back. I have found the more that I give, the returns to me are five-fold. Read on to learn about one way you can serve the Appraisal Institute and the valuation profession.

Mentors Wanted for Practical Applications of Real Estate Appraisal Program

Would you like to help create the future of residential appraising? Become a mentor to participants enrolled in the Appraisal Institute Practical Applications of Real Estate Appraisal (AI PAREA) program.

Providing an alternative to the traditional supervisor and trainee model for experience for licensed residential and certified residential appraisers, AI PAREA is an online program covering appraisal theory and methodology in real-world simulations, with mentoring from expert appraisers like you!

We know that mentors raise the problem-solving abilities of participants by increasing their confidence in their acquired skills. Mentors will not only advise and guide participants through the AI PAREA experience but will also be a catalyst for enriching participants’ career development.

We are seeking mentors that will be, foremost, accessible as availability is the hallmark of a great mentor. We also seek mentors that are authentic and genuinely interested in developing the next generation of appraisers. So, what’s in it for you, the mentor?

Compensation and Benefits

Up to 125 points of AI continuing education credit per cycle.
Mentor training and feedback.
A multitude of personal development benefits including advancing the profession and paying it forward through this legacy program, exposure to new and different perspectives, leadership skills, communication and feedback skills, network growth and increased self-awareness.

Learn more about becoming an AI PAREA mentor: https://www.appraisalinstitute.org/parea/ and complete this survey to express your interest in becoming a PAREA mentor: https://www.research.net/r/Discover-AI-PAREA This content can be shared in chapter newsletters and any other place that chapter leaders deem appropriate.

AI Board of Directors Adopts 45-Day Notice Item During November Meeting

The Appraisal Institute Board of Directors voted to adopt one 45-Day Notice item during its Nov. 10-11 meeting in Chicago. The 45-Day Notice item addresses proposed amendments to the Bylaws regarding the International Member on the Board as set forth in the 45-Day Notice distributed to Designated Members, Candidates, Practicing Affiliates and Affiliates on Sept. 26. Click here for more updates from the Board meeting.

Latest Episode of Face Value Now Available

In the latest episode of Face Value, join host Tonia Vailas, MAI, AI-GRS, for a discussion about the Appraiser Diversity Initiative (ADI) program, including personal experiences with the program, how to get involved and much more.

The guests featured in this episode are:

Rosemary Garcia, a Practicing Affiliate with AI who successfully completed the ADI program;
Mark Verrett, SRA, who is an Appraisal Institute Board member and has an ADI program participant working at his company; and
Bill Garber, director of government and external relations for AI, who helps lead the ADI program and coordinates with partners Fannie Mae, Freddie Mac and the National Urban League.

Visit the AI website to learn more about the ADI program. Click here to listen to the podcast and subscribe.

Two Directory Resources Available for AI Professionals
The Appraisal Institute offers two directories that help AI professionals and the public to find an appraiser who can meet their needs. Learn more about these directories below.

The Find an Appraiser directory lists practicing valuation professionals who are Designated Members, Candidates for Designation or Practicing Affiliates of the Appraisal Institute. This directory may be accessed by the public to locate services of practicing AI professionals. For Designated Members it includes a series of filters that drills down into specific property use classifications. View the Find an Appraiser directory.

AI also has a directory for AI professionals only, called the AI Member Directory (login required). All AI professionals may view this directory on their AI account pages. This directory lists only AI professionals, practicing and non-practicing, and can only be accessed by active AI professionals to locate their peers.

New Issues of Valuation Magazine, The Appraisal Journal Available
If you haven’t had a chance to read the latest issues of the Appraisal Institute’s quarterly publications, I’d encourage you to click the links below to read more.

The current issue of The Appraisal Journal features special coverage that will help valuation professionals to maximize information and data resources in the evolving real estate market. Click here to read the latest issue.

Valuation magazine’s new issue features an article on ranch properties, which are in increasingly high demand, along with other informative articles. Read the latest issue on the Appraisal Institute website.

Don’t Forget to Meet Continuing Education Credits in 2022
With only about a month left in the year, I want to take this opportunity to remind you to check your CE off your to-do list before the Dec. 31 deadline. Visit the Appraisal Institute’s Continuing Education page to learn more.

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

Did you know that AI recently published Appraisers in Arbitration, second edition? Check out the video with author Paula Konikoff, JD, MAI, AI-GRS, to learn about this new book, and the opportunities for appraisers potentially interested in getting into this area.
Are you looking for some excellent exposure, and potential new business opportunities, for yourself and your company? Is there an exciting topic that you think other appraisers need to learn about? I’d invite you to submit your ideas for consideration in Valuation, AI’s quarterly magazine, or The Appraisal Journal, our peer-reviewed journal. Additionally, subject matter experts are encouraged to submit their new topics and ideas to be considered for education programs. Click here to learn more. Also, practicing appraisers have served as authors and contributors to every book published by the Appraisal Institute. Share your knowledge by making your contributions. To learn more, contact Tep Shea-Joyce, senior manager, Publications, tshea-joyce@appraisalinstitute.org.
The Appraiser Diversity Initiative is an important priority for the Appraisal Institute. I’d encourage you to keep updated on this initiative on AI’s Appraiser Diversity Initiative webpage. If you know an individual who is looking to join the valuation profession, please encourage them to check out the website as well.