Dear Appraisal Institute Colleague:

Dick Clark once said, “Music is the soundtrack of your life,” which is more true for many of us as we get into the hot summer months and listen to our favorite tunes with the windows down. My favorite artists are Garth Brooks and Alan Jackson, so you’ll catch me listening to them from time to time when I have an opportunity to unwind. While driving, I get funny looks while singing and wiggling around to the beat. The sound of my song is likely causing nearby dogs to bark. Like most folks, a car is a highly public personal space providing comedy for those around me. Nothing beats singing along to “Papa Loved Mama” or “Chasin’ that Neon Rainbow.”

It’s around this time every year that there’s talk on the radio about the “song of the summer,” but this year I’ve got a new listening recommendation for you – the Appraisal Institute’s brand new podcast, “Face Value.” The first episode was launched earlier this month and I know you’ll find the content to be interesting and valuable. Read more about “Face Value” – and other important Appraisal Institute news – below.

Registration Open for 2022 Annual Conference
Now is the best time to register for the 2022 Appraisal Institute Annual Conference, to be held Aug. 2-3 at the Bellagio Hotel in Las Vegas. Just like in years past, this year’s Annual Conference will be a great opportunity to learn, connect and have a lot of fun. I look forward to seeing you there.

As we announced last month, motivational speaker and author Ryan Leak will serve as our keynote speaker. Ryan helps leaders better understand where their teams are capable of going by addressing the friction of where teams stand today. Using humorous wisdom and poignant narrative, he inspires audiences to recognize the value in chasing failure to become even more than they are – to become the best version of themselves.

Visit the AI website to register today!

National Nominating Committee Nominates Paula Konikoff as 2023 AI Vice President
I’m pleased to share that Paula K. Konikoff, JD, MAI, AI-GRS, was nominated for 2023 Appraisal Institute vice president by the AI National Nominating Committee at its May 11 meeting in Chicago.

National Nominating Committee Chair Rodman Schley, MAI, SRA, submitted the committee’s nomination to the AI Board of Directors at its May 12 meeting. Board members may file petitions for additional nominees in accordance with the Appraisal Institute Bylaws. The AI Board of Directors is expected to elect the 2023 vice president at its Aug. 4-5 meeting.

The 2023 vice president will serve as the Appraisal Institute’s 2024 president-elect, 2025 president and 2026 immediate past president, in addition to chairing the Finance Committee in 2023 and the National Nominating Committee in 2026.

Learn more about Paula K. Konikoff, JD, MAI, AI-GRS.

Appraisal Institute Podcast Releases First Episode
As I mentioned at the top of this message, the Appraisal Institute’s podcast, “Face Value,” is now live! In this month’s episode, hosts Warren Boizot, SRA, AI-RRS, and Tonia Vailas, MAI, AI-GRS, got together with Ben Sellers, MAI, to discuss unusual assignments they’ve encountered during their time in the field.

Be sure to listen to this month’s episode and subscribe so you’re alerted when future episodes are released.

Click here to listen and subscribe.

New Appraisal Institute Book Dives into Land Valuation
The Appraisal Institute’s latest book is “Land Valuation: Real Solutions to Complex Issues,” by Gary S. DeWeese, MAI. This book reviews basic land valuation techniques (extraction, allocation, land residual and ground rent capitalization) and presents advanced and non-traditional methods to help appraisers solve complex land valuation problems. Seven complete case studies and numerous spreadsheets are provided to ensure that readers understand the issues involved and know how to apply the innovative valuation strategies presented.

Visit the AI website to purchase your copy today.

Appraisal Institute Professionals Encouraged to Volunteer for National Service
It’s that time of year to think about serving on Appraisal Institute national committees and affiliated entities for 2023.

If you are interested in further serving the organization at the national level in 2023, please complete the Leadership Resource Registry no later than 5 p.m. CDT, Aug. 2, 2022. To be considered for national committees, panels, the Appraisal Institute Insurance Trust or the Appraisal Institute Education & Relief Foundation, if eligible, you must express your interests within the Registry. To access the Registry, log on to the AI Website and click on the link: https://www.appraisalinstitute.org/about/ai-volunteer-opportunities/.

Even if you submitted your interests last year in the Registry and there are no changes to your preferences, you will need to log back into the Registry.

We thank you in advance for indicating your preferences in the Registry. We look forward to a strong response, which will help to broaden the base of participation in the organization and serve as a source of new ideas and growth.

If you have questions or need assistance completing the Registry, please contact Rachael Georges at rgeorges@appraisalinstitute.org.

Appraisal Institute Seeks Nominations for Annual Awards; Submissions Due May 31
As a reminder, the Appraisal Institute is accepting nominations for its J. Scott Robinson Lifetime Achievement Award, Outstanding Service Award and Women’s Initiative SPOTLIGHT Award, three ways that AI recognizes some of its brightest and most deserving professionals.

Nominations for all three awards are due May 31. The awards will be presented at the Appraisal Institute’s 2022 Annual Conference, Aug. 2-3 in Las Vegas.

The J. Scott Robinson Lifetime Achievement Award is presented to an AI professional who best demonstrates high ethical standards; contributed to the Appraisal Institute at the chapter, regional, national and/or international level(s); provided service to his or her community; and contributed to the appraisal profession. A minimum of 20 years of service is recommended to be eligible for this award.

The Outstanding Service Award is presented to an AI professional who has contributed ideas, service hours and dedication to ensure a specific program or effort is implemented at either the chapter, region, national and/or international level(s). This AI professional must be instrumental to the success of the program or effort, which also must be far enough along to measure and provide proof of success. Additionally, the program or effort must be beneficial to chapters, regions, national, international, designated members, candidates, affiliates, practicing affiliates and/or the profession.

The Women’s Initiative SPOTLIGHT Award was established in 2020 to recognize an Appraisal Institute member who has made an important contribution to fostering the professional growth of women in valuation. All AI professionals are eligible for the Women’s Initiative SPOTLIGHT Award.

Find more information on the awards and the nomination process awards and the nomination process.