Live from AI Connect: July 29

AI Connect HeaderGeneral Session Addresses Key Valuation, Legal Issues

Small EdAttendees of the Appraisal Institute Annual Meeting’s closing general session on July 29 were enlightened by Edward J. Pinto, American Enterprise Institute resident fellow and co-director of AEI’s International Center on Housing Risk, who addressed, “Appraisal Theory: Back to Fundamentals;” and Susan Talley, an attorney at Stone Pigman Walther Wittmann L.L.C. in New Orleans, and co-chair of the firm’s Real Estate, Finance and Construction Practice Group, who discussed, “Valuing Lawyers: How a Client’s Legal Team Can Improve the Valuation Process.”

Talley SmallPinto told the audience that the Appraisal Institute should be out front on the issue of intrinsic value. He added that an appraisal should be the guard rail protecting the interests of the lender, investor and borrower. Talley noted that appraisers and lawyers should work together to further their clients’ interests. She further advocated that when appraisers are serving as an expert, they should work with their counsel to understand all the rules under which they operate.

AI Honors 8 National Award Winners

GroupJohn P. Fredrickson, MAI, SRA, of Walla Walla, Washington; Jerome Haims, MAI, SRA, of New York; and Richard A. Stephens, MAI, SRA, AI-GRS, of Little Rock, Arkansas, were honored with the Lifetime Achievement Award and Michael V. Tankersley, MAI, SRA, AI-RRS, of Lewisburg, Tennessee, was named the recipient of the Outstanding Service Award during the Appraisal Institute Annual Meeting Wednesday in Dallas. President’s Award recipients were Kerry M. Jorgensen, MAI, of Sandy, Utah; Ruth A. Kelton of Dallas; R. Wayne Pugh, MAI, of Baton Rouge, La.; and Ken P. Wilson, MAI, SRA, of Plano, Texas.

2016 Annual Meeting

Save the date for next year’s Appraisal Institute Annual Conference, July 25-27, 2016, in Charlotte, N.C.

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