Live from AI Connect 2013: July 23


Check out the blog each evening while you’re at the 2013 Appraisal Institute Annual Meeting for a recap of the day’s happenings and highlights.


Exhibit Hall is Open

The exhibit hall opened Tuesday in the Cosmopolitan foyer (third level) with more than 20 exhibitors and ron_insana_groupnearly 450 attendees registered. Booths will open at 7:30 a.m. Wednesday and close at 7:30 p.m. Wednesday. The exhibit hall won’t reopen Thursday, so be sure to see the latest and greatest in innovative trends while you can. Also, be sure to get your Passport to Savings stamped at each booth in order to be eligible for Wednesday night’s great prize drawing.

CNBC’s Ron Insana Wows Attendees

CNBC and MSNBC contributor Ron Insana, keynote speaker at this year’s AI Connect, told attendees in the Regency Ballroom on Tuesday that he remains bullish on the U.S. economy.

Speaking for 30 minutes without notes before taking questions from the audience, Insana praised Federal Reserve Chairman Ben Bernanke and actions taken by the Fed while criticizing federal government actions such as passage of the Dodd-Frank Act, which he said impeded economic recovery.

Insana spoke on “Politics, Policy and the Economy: What Issues on Capitol Hill Mean for Main Street and Wall Street.” He expressed optimism about the real estate industry and said that he expected mortgage rates to drop again, noting they had already started to do so.

AI President Addresses Challenges

Saying he was “thoroughly and unrepentantly optimistic,” Appraisal Institute President Richard L. Borges II, MAI, SRA, told AI Annual Meeting attendees during Tuesday’s opening general session that “the Appraisal Institute’s greatest days are ahead of us – not behind us.”

In his President’s Address, Borges said that the AI Board of Directors has asked the Strategic Planning Committee to investigate a number of ideas that will help the Appraisal Institute not only face competitive challenges today but will enable the organization to become stronger for the future, better serving AI professionals and the public. He noted that SPC is investigating a number of issues that will help determine what AI and the profession will look like in the future.

“When the Board rolls out these new and exciting ideas, they will be part of a complete, strategic package that has the potential be unique, visionary, far-reaching and game-changing … all while certainly being rooted in the basic values and goals of this organization,” Borges said.

AI Region V Hosts Welcome Reception

Appraisal Institute Region V and its chapters hosted a reception Tuesday night on the exhibit floor (Cosmopolitan foyer, third level). AI Connect attendees had the opportunity to network, as well as chances to win one of several raffle prizes.

Are you at AI Connect? Share your favorite highlights from the day!