Valuing Timeshares Requires Special Care: The Appraisal Journal

July 23, 2019 by Appraisal Institute Staff

Special care must be taken to understand the timeshare interest and the competitive market in which that interest would sell, according to an article from the Spring 2019 issue of The Appraisal Journal that explores key issues facing appraisers when valuing timeshares.

“Timeshares, Market Value, and the Real Estate Appraisal Process,” by Richard J. Roddewig, MAI, and Charles T. Brigden, MAI, explores key issues in timeshare appraising, including the need to identify the nature of the timeshare interest being appraised and its marketplace, and finding reliable sources of data when closed sale prices are not readily available.

Live from the Appraisal Institute 2019 Annual Conference – Day 2

July 23, 2019 by Appraisal Institute Staff

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Today’s Events

Learn more about today’s events, including locations and other information, on the app by downloading the EventMobi app and entering the code .AIConf19. [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 2

Live from the Appraisal Institute 2019 Annual Conference – Day 1

July 22, 2019 by Appraisal Institute Staff

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Here’s What’s Happening Today

Learn more about today’s events, including locations and other information, on the app by downloading the EventMobi app and entering the code AIConf19. [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 1

Reasons to Pursue a Valuation Career

July 19, 2019 by Appraisal Institute Staff

Two Appraisal Institute Designated Members share why they think someone should consider being an appraiser in AI’s latest video.

Where you Gonna Look for RMATs?

July 18, 2019 by Appraisal Institute Staff

By Dennis A. Scardilli, Esq., MAI; Stephen D. Roach, MAI, SRA, AI-GRS; & Leslie P. Sellers, MAI, SRA, AI-GRS

RMAT? Huh? What’s a RMAT? It is USPAP’s referenced “Recognized Methods and Techniques of Real Estate Appraisal.” So, humor us as we explain the connection between RMATs and the Appraisal Institute’s Body of Knowledge.

AI Announces New Association Management System

July 11, 2019 by Appraisal Institute Staff

The Appraisal Institute is excited to launch its new and improved association management system, known as an AMS, for AI professionals, staff and students. That’s the topic of the On Point column in Valuation magazine’s second quarter 2019 issue.

The column from AI President Stephen S. Wagner, MAI, SRA, AI-GRS, addresses what new enhancements will be made towards the Find An Appraiser search, “My Account” self service functions and education search. The “My Account” area of AI’s website will be completely new with improvements to the registration section, online store, membership and FAA profile.

AI professionals, students, customers and staff will be able to enjoy benefits such as:

Increased user accessibility to data.
Improved business processes and efficiencies.
Integrated web experience.
Self-service capabilities that will make interactions with AI simpler and more convenient.

This software is expected to go live Oct. 1. Read On Point to learn more about AMS, and check out the other timely content in Valuation magazine’s second quarter 2019 issue.

Diminution Valuation Assignments Enhance Importance of Highest and Best Use

July 1, 2019 by Appraisal Institute Staff

By Benjamin R. Sellers, MAI, & Scott Robinson, MAI, SRA, AI-GRS, AI-RRS

Highest and best use analysis serves as the foundation on which market value opinions are built. If any deficiencies arise from the analysis, they expand into the valuation approaches, weakening the entire appraisal and its credibility.

AI Testifies at House Subcommittee Hearing

June 28, 2019 by Appraisal Institute Staff

I’m pleased to share that our organization provided critical perspective at a House Financial Services subcommittee hearing last week. Learn more about that, and other timely updates, from the past month.