I’m very pleased to inform you that the Appraisal Institute will host its 2021 Annual Conference in person this year, and we have selected an excellent keynote speaker for our event! Here’s more about that, and other news, from the past month.
Registration Opens for 2021 AI Annual Conference
Registration is now open for the 2021 Appraisal Institute Annual Conference, Aug. 9 -10, at the JW Marriott Orlando Grande Lakes.
Scott Halford – internationally renowned keynote speaker and best-selling author – will be the keynote speaker at the Annual Conference. Halford weaves psychology, brain-based behavioral science, emotional intelligence and critical thinking into actionable insights for career development and personal growth. As the author of “Activate Your Brain,” Halford shows audiences how understanding their brain can improve their work — and their life. He also holds the world’s highest earned speaking designation, the CSP – Certified Speaking Professional.
The event is expected to feature hundreds of real estate professionals from across the U.S. and around the world, dozens of experienced presenters, first-rate educational sessions (offering state and Appraisal Institute continuing education credit), exhibits of cutting-edge valuation products and services, an awards program, networking with colleagues and opportunities for exploring Orlando.
This year’s conference will offer a chance to connect and reconnect, to learn and to grow, to share solutions to common challenges and celebrate collective successes. I am really looking forward to seeing you all this summer!
If you register by May 17, you will save $75. Don’t miss this opportunity.
House Committee Approves Real Estate Valuation Fairness Legislation
As you may know, the House Financial Services Committee on April 20 approved HR 2553, the Real Estate Valuation Fairness and Improvement Act, legislation that would establish an interagency task force to analyze federal collateral underwriting standards and guidance, and provide resources for promoting diversity within the valuation profession.
The Real Estate Valuation Fairness and Improvement Act would form a task force consisting of stakeholders who would identify best practices and help develop more consistent policies and procedures for the agencies and entities regulating residential and commercial real estate valuations. Items under review could include appraisals; automated valuation models; the procedures for managing reconsideration of value by consumers; and common collateral underwriting challenges, such as energy-efficient housing and inactive markets.
The legislation also would direct the task force to study potential racial disparities within lending and valuation, and investigate any barriers to entry that disproportionally effect minorities from starting a career as a valuation professional — the minimum requirements established by the Appraiser Qualifications Board is one item that will be explored. The legislation also would direct the Appraisal Subcommittee to establish a program to make grants available to state agencies, nonprofit organizations and institutions of higher education to promote diversity and inclusion within the valuation profession.
The Appraisal Institute backs this legislation, and submitted its letter of support to House Financial Services Committee Chairwoman Maxine Waters and Ranking Member Patrick McHenry in March. The bill now moves to a full House vote, but no date has been set.
Learn About AI’s Candidates for 2022 Vice President
The Appraisal Institute’s National Nominating Committee is scheduled to interview three candidates for 2022 AI vice president during its May 5 meeting. The committee is expected to submit one or more individuals for the 2022 vice president at the virtual Board of Directors’ May 6 meeting.
The candidates, in alphabetical order, are Sandra K. Adomatis, SRA; Robert L. Moorman, MAI, SRA, AI-GRS and Steven G. Stiloski, MAI.
AI professionals may view the candidate biographies and questionnaires (log-in required) and provide input by 5 p.m. CST today. Correspondence should be addressed to Jefferson Sherman, MAI, AI-GRS, chair, 2021 National Nominating Committee, and emailed to Joan Barngrover, board secretary and special assistant to the CEO, at firstname.lastname@example.org.
Q1 2021 ‘Volunteer of Distinction’ Honorees
Congratulations to Jeremy Darner, MAI, SRA, AI-GRS, (San Diego Chapter); and Elaine Liz-Ramirez, MAI, AI-GRS, (East Florida Chapter), who were honored by the Appraisal Institute for their AI, valuation profession and community service as a “Volunteer of Distinction” for first quarter 2021.
Any AI professional in good standing may nominate another AI professional in good standing at VOD@appraisalinstitute.org.
Other News Around the Appraisal Institute
And here’s some other important news from the Appraisal Institute:
- This month, AI expanded its body of knowledge with “A Guide to Appraising Automobile Dealerships,” second edition. This updated text will help commercial real estate appraisers examine the relevant issues considered in the valuation of auto dealerships and offer new insights to professionals involved in the design, development and financing of these unique properties. Order your copy today.
- Still haven’t ordered your copy of “The Appraisal of Real Estate,” 15th edition? This textbook has been recognized as the valuation profession’s most comprehensive source of information for appraisers and other real estate professionals. Don’t wait to order your next copy, which is available in hard copy and PDF versions.
- I encourage you to read the latest issues of Valuation magazine and The Appraisal Journal. We have some amazing content that is worth checking out!
- In hopes of having a safe and successful LDAC event in 2021, the LDAC Planning Committee has made the decision to reschedule the conference to Sept. 27-29. Registration will open in June. Please watch your email and the AI website for information regarding the registration date.
- I would like to remind you that the Appraisal Institute is accepting nominations for its J. Scott Robinson Lifetime Achievement Award, Outstanding Service Award and Women’s Initiative SPOTLIGHT Award. Nominations for all three awards are due May 31. Learn more (AI log-in and password required).
- 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.