Jim Amorin Hired as CEO
The Appraisal Institute announced Aug. 21 the hiring of Jim Amorin, MAI, SRA, AI-GRS, as chief executive officer. Amorin had served as acting CEO since August 2017.
Jim has unique experience and expertise from serving twice as president, almost eight years on the Executive Committee and nearly 15 years on the Board of Directors. He has a special understanding of the challenges facing appraisers and the profession and will ensure that all decisions are approached from the appraiser’s perspective. While many qualified candidates applied for the position, the AI Board of Directors decided Jim was the best suited for the position based on his experience, knowledge, skills and passion for the profession.
Learn more about Jim Amorin’s hiring.
Rodman Schley Elected 2019 AI Vice President
The Appraisal Institute Board of Directors elected Rodman Schley, MAI, SRA, of Denver, as 2019 vice president at its Aug. 2-3 meeting in Nashville, Tennessee. Schley’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.
Schley serves nationally on the Appraisal Institute Board of Directors as Region II vice chair, and is a member of the Strategic Planning Committee and the Governance Structure Project Team. He previously served on the National Nominating Committee. He attended AI’s annual Leadership Development and Advisory Council conference as a participant (2013-15) and was selected as a discussion leader (2016), vice chair (2017) and chair (2018). He also has served as president of the Colorado Chapter.
AI Annual Conference Highlighted by Speakers, Awards
The 2018 Appraisal Institute Annual Conference drew an all-time high of more than 550 attendees to Nashville, Tennessee, July 30-Aug. 1. The event featured two terrific general session speakers, more than two dozen education sessions, exhibits of cutting-edge valuation products and services, abundant networking opportunities and an exciting awards program.
The lineup of speakers included keynoters Alison Levine, mountain climber and best-selling author, and Don Gossman, SRA, who helped expose a mortgage fraud ring. Breakout session speakers covered a wide variety of valuation topics. See their presentations.
Thirteen valuation professionals were recognized during the Awards Luncheon on July 31. Craig M. Harrington, SRA, AI-RRS, of Prior Lake, Minnesota; and Leslie P. Sellers, MAI, SRA, AI-GRS, of Clinton, Tennessee, were honored with the Lifetime Achievement Award and Timothy P. Runde, MAI, of San Francisco, received the Outstanding Service Award. President’s Award recipients were Mark R. Ratterman, MAI, SRA, of Pittsboro, Indiana; and Scott Robinson, MAI, SRA, AI-GRS, AI-RRS, of Salisbury, North Carolina. Read more about the award winners.
AI Opposes North Dakota Appraisal Waiver Request
The Appraisal Institute on Aug. 13 joined nearly 30 valuation organizations in opposition to an appraisal waiver request from the state of North Dakota that would effectively bypass the requirement for appraisals in the state that are below $1 million for business/farm and $500,000 for residential, citing unreasonable delays, excessive costs and a scarcity in rural locations.
In its letter to the Appraisal Subcommittee, the organizations urged the ASC to reject the request for having failed to fully and accurately adhere to the ASC requirement for temporary waiver requests, specifically, the requirement from state law from which relief is being sought. The letter further noted that the relief sought by the petitioners appears to be a waiver of appraisal requirements, which is not relief that can be granted by the ASC. While the ASC does have the authority to grant temporary waivers of appraiser licensing and certification requirements, that does not appear to be the relief sought by petitioners.
Read the letter.
AI Opens Registration for Education Premieres
Registration is now open for two education offerings that the Appraisal Institute will unveil in October.
Ignorance Isn’t Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency will debut at Valuation Expo in Las Vegas on Oct. 1 and will be released to AI chapters Oct. 8. The four-hour seminar discusses who files complaints, due process for an appraiser and the steps to take when a valuation professional is named in a complaint.
Valuation by Comparison: Residential Analysis and Logic will premiere Oct. 5 in Milwaukee. The seven-hour seminar uses, and is based on, “Valuation by Comparison” second edition, and attendees will learn why clients need an appraisal, why valuation professionals must have appropriate market data and why it is imperative that appraisers know their market. Attendees also will discover how to find the information needed in markets where data is scarce, inconsistent or misleading.
AI Partners with American Bankers Association on Webinar
The Appraisal Institute and the American Bankers Association will co-sponsor an Oct. 16 webinar, “Due Diligence on CRE Appraisals.”
Topics will include key review areas when performing the appraisal review, how to communicate key discussion points with the appraiser and finding out the examiners’ focus on appraisal review and what appraisers may be missing.
Other News Around AI
And here’s some additional important news from the Appraisal Institute:
- The Appraisal Institute continues to grow its social media activities. Be sure to follow AI on Facebook, Twitter, LinkedIn and YouTube.