Are you interested in presenting at the Appraisal Institute’s 2020 Annual Conference? The proposal submission deadline is Monday!
Last Chance to Submit Proposals for Sessions at 2020 Annual Conference
The Appraisal Institute is seeking presentation proposals by 5 p.m. CST Nov. 25 for presentations at its 2020 Annual Conference, Aug. 3-5, in Orlando, Florida. The conference theme is “Rising to the Challenge.”
Attendees of previous AI Annual Conferences said they were particularly interested in these topics:
- Client and user needs.
- Best practices for business.
- Appraisal data and technology issues.
- Sustainability in real estate.
- Residential practices and issues.
- Market analysis.
- International valuation.
- Property rights issues.
- Litigation support.
- Supervisor/trainee education.
- Valuation of cannabis operations and dispensaries.
Learn more about submitting a proposal.
AI Board of Directors Addresses Trio of 45-Day Notice Items
I’m glad to share that the Appraisal Institute Board of Directors approved two 45-Day Notice items and voted to send another item to 45-Day Notice during its Nov. 14-15 meeting in Chicago.
The Board adopted proposed amendments to Regulation Nos. 7 and 8 requiring the creation of a single state Chapter Government Relations Subcommittee in each state where there are multiple chapters, as set forth in the 45-Day Notice shared with AI professionals Sept. 30. The Board also adopted amendments to Regulation Nos. 1 and 2 eliminating the defense of reports and e-demo report options for the demonstration of knowledge requirement, as found in the 45-Day Notice shared with AI professionals June 10 and July 29.
The Board additionally voted to send an item to 45-Day Notice related to proposed amendments to the Bylaws regarding Board ratification of Executive Committee actions.
Learn more about other actions the Board took at its meeting.
AI Opens Registration for New Education Offering
If you’re looking to earn continuing education credit before the end of the year, be sure to register for a great new Appraisal Institute education offering.
The Cost Approach: Unnecessary or Vital to a Healthy Practice? will premiere Dec. 2 in Nashville, Tennessee. This seven-hour classroom seminar acknowledges that residential appraisers have heard that they don’t need the cost approach to obtain credible assignment results. In fact, participants in the secondary market often suggest this, and it’s even highlighted in the Fannie Mae Selling Guide that the cost approach is only required for the valuing of manufactured homes. By better understanding the eight important steps in the cost approach, valuation professionals can rely on its indications whether they have little data, confusing data or lots of data.
Industry Leadership: AI Contributes at Major Events in November
In keeping with the Appraisal Institute’s commitment to convey its thought leadership to real estate professionals and others, AI participated in the following events in November:
- I was joined by Bill Garber, director of government and external relations, in representing AI at the National Council of Real Estate Investment Fiduciaries (commonly known as NCREIF) Fall Conference, Nov. 18-21, in Miami Beach, Florida.
- Vice President Rodman Schley, MAI, SRA, participated in the National Association of Home Builders (commonly known as NAHB) Mortgage Roundtable, Nov. 21-22, in New York.
- AI exhibited at the National Association of Realtors Conference and Expo, Nov. 8-11, in San Francisco.
Other News Around AI
And here’s some other important news from the Appraisal Institute:
- If you haven’t already heard, I’m saddened to inform you that William “Ted” Anglyn, MAI, passed away Nov. 1 after a long illness. In lieu of flowers, donations can be made to the William “Ted” Anglyn Memorial Fundraiser with the Glioblastoma Foundation. You can learn more about Ted in his obituary.
- I’m also sad to report the recent passing of Anthony Reynolds, MAI, who served as 1983 president of the American Institute of Real Estate Appraisers, an Appraisal Institute predecessor organization. You can read more about Anthony in his obituary.
- The Appraisal Institute continues to grow its social media activities. Be sure to follow AI on Facebook, Twitter, LinkedIn and YouTube.