The Appraisal Institute is devoted to expanding its continuing education offerings for our membership and other valuation professionals. Learn more about that, and other timely updates, from the past month.
AI Offers Synchronous Designation Education
I encourage you to check out AI’s synchronous course, “Advanced Income Capitalization,” Aug. 2. This course builds on topics covered in the “General Appraiser Income Approach/Part 1” and “General Appraiser Income Approach/Part 2” courses. It introduces additional topics that a seasoned general real property appraiser can expect to meet in everyday practice. The course features a limited review of material covered in the previous income courses to maximize the time available for advanced topics.
“Advanced Concepts and Case Studies” will begin on Aug. 16. This 40-hour course synthesizes basic and advanced valuation techniques taught in previous courses and addresses consistent treatment of the three valuation approaches for various valuation problems. Case studies teach participants how to address common but complex appraisal issues, including a leased fee not at market rent, a proposed property, a property in a market not at equilibrium, and a subdivision. The course emphasizes the need to test the reasonableness of conclusions in an appraisal.
Appraisal Institute Annual Conference is Approaching
I am extremely excited that the Annual Conference is just 10 days away! I am looking forward to seeing everyone in person, and connecting and reconnecting with so many individuals.
While online registration has closed, I want to remind you that on-site registration is also available.
One-day registrations are another option if you cannot attend the entire conference. Due to the excellent response to this event, the negotiated room block at the JW Marriott Orlando, Grande Lakes, is sold out. There are alternate hotels nearby.
Please checkout the Annual Conference agenda.
AI Board to Consider 2 Candidates for 2022 Vice President in August
I want to acknowledge the passion evident about the upcoming 2022 Vice President election. I have heard from many members to date, and want to continue to encourage written recommendations and comment letters regarding the nominees, which should be directed to the Secretary to the Board at aielection@appraisalinstitute.org, before 5 p.m. CDT, Aug. 4 to guarantee distribution to the Board prior to the election. We are grateful for all input, and I assure you it will be considered as part of the election process we are in.
As a reminder, the Appraisal Institute Board of Directors will consider two candidates for the position of 2022 vice president at its Aug. 12-13 meeting in Orlando, Florida. The two nominees are (in alphabetical order) Sandra K. Adomatis, SRA; and Steven G. Stiloski, MAI. AI professionals may view information on the candidates’ biographies and questionnaires (log-in required).
A little background on the process to date: in May, the National Nominating Committee nominated Stiloski. Adomatis was nominated by petition pursuant to the Bylaws, which permit additional nominations by written petition signed by at least thirty (30) percent of the voting Directors delivered in writing to the Chief Executive Officer no later than forty-five (45) days after the NNC nomination is submitted to the Board. The Board now will evaluate and elect one of these two candidates as 2022 vice president at its August meeting.
Other News Around the Appraisal Institute
And here’s some other important news from the Appraisal Institute:
- Appraisal Institute professionals are invited to view the open session portions of the 3Q 2021 Board Meeting, Aug 12-13. The meeting is scheduled to begin at 8:30 a.m. eastern both days. The link for Aug. 12 is http://ow.ly/a3W250FGmCn and the link for Aug. 13 is http://ow.ly/afmb50FGmIn.
- The deadline to register in the Leadership Resources Registry to be considered for 2022 national committees has been extended from Aug. 2 to Sept. 30. http://ow.ly/MMld50FHc9o (log-in required)
- Have you read the latest issues of Valuation magazine and The Appraisal Journal? We have some amazing content that is worth checking out!
- I encourage residential appraisers to order their copy of “Residential Property Appraisal.” With the home market booming, residential appraisers are under increased pressure to support their opinions of value. This book includes examples that illustrate common scenarios encountered in residential appraisal practice and presents definitions of key terms to help the reader understand the important concepts presented.
- The Appraisal Institute continues to expand its social media activities. Be sure to follow AI on Facebook, Twitter, LinkedIn, YouTube and its blog, Opinions of Value.