New ‘Yellow Book’ Now Available

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I hope that you’re off to a good start in the new year!

If you’ve been waiting for the new “Yellow Book” to become available, I have some exciting news to share.

New ‘Yellow Book’ Now Available

A new version of the Uniform Appraisal Standards for Federal Land Acquisitions, commonly known as the “Yellow Book,” is available. The “Yellow Book” is promulgated by the Interagency Land Acquisition Conference for use by all agencies for federal land acquisitions.

Download a free copy of the document.

Additionally, the Appraisal Institute is scheduled to debut a new version of its Uniform Appraisal Standards for Federal Land Acquisitions: Professional Applications course in April in Chicago. There also is a recorded webinar available, Yellow Book Changes – Overview for Appraisers.

AI Publishes New Guide Note on Arbitration

Guide Note 16: Arbitration, approved by the Appraisal Institute Board of Directors in November, is now available on the AI website.

According to the Guide Note, real estate valuation professionals often are retained to provide services in arbitration matters either as arbitrators or expert witnesses. Arbitration is an alternate dispute resolution process in which the parties to a dispute agree to present their case to one or more arbitrators who render a final decision to resolve the dispute rather than try the issue in court.

Read Guide Note 16: Arbitration.

AI to Premiere Solar Course

The Appraisal Institute now offers four courses for individuals interested in completing the Valuation of Sustainable Buildings Professional Development Program. The fourth course – “Residential & Commercial Valuation of Solar” – is scheduled to premiere February 6-7 in Sacramento, California.

Attendees at the course will expand their knowledge base to understand how electricity is priced, how solar PV is priced and how solar PV functions to develop a credible opinion of value.

Learn more about the course, as well as other dates and locations.

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, President-elect Jim Murrett, MAI, SRA, presented at the Environmental Bankers Association Winter Conference, January 16-17, in Tampa, Florida.

Additionally, AI exhibited at the National Association of Home Builders International Builders’ Show, January 10-12, in Orlando, Florida, which featured nearly 1,600 exhibitors and almost 60,000 attendees.

Other News Around AI

And here’s some additional important news from the Appraisal Institute:

  • Stay tuned for additional information about the 2017 International Valuation Conference, June 8-11, in Ottawa, Ontario. Registration will open soon. For now, learn more about this outstanding event!
  • Last year, the Appraisal Institute and its professionals appeared in more than 1,300 stories that ran in nearly 600 unique media outlets and were potentially read, seen or heard more than 1.8 billion times … with a value of nearly $1.9 million (according to vendor’s proprietary formula).
    • View a 4:30-minute video of AI’s July-December 2016 media coverage highlights on the Appraisal Institute’s YouTube channel.
  • AI recently posted a video in which I outline the organization’s plans for advancing the valuation profession.
  • The Appraisal Institute received an AVA Digital Award in the Informational category from the Association of Marketing and Communication Professionals for its video on Valuing Stigmatized Properties. AVA Digital Awards in an international competition that recognizes excellence by creative professionals responsible for the planning, concept, direction, design and production of digital communication.
  • If you haven’t already done so, check out the latest quarterly edition of Valuation magazine, which contains timely and informative articles about relevant topics.
  • 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!