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2014 AI Connect Daily Report


 

Thursday, Aug 7, 2014

General Session Addresses National Economic Issues

Attendees of the Appraisal Institute Annual Meeting’s closing general session on August 6 at 1:30 p.m. CDT (Salon A/B of the Governor's Ballroom on the fourth floor) were enlightened by Mark G. Dotzour, Ph.D., chief economist and director of research, the Real Estate Center at Texas A&M University, who addressed, "The Economic Outlook for Real Estate Investors and Decision Makers" and Brian Olasov, managing director, McKenna Long & Aldridge LLP, talked about "A $19 Trillion Education: Are We Smarter Now than in 2008?"

Dotzour told the audience that people who appraise retail spaces are being impacted because new mall construction is down and “dead malls” with high vacancy rates has increased significantly. Olasov said in some ways, the Appraisal Institute being on the ground gives the organization intelligence people in Washington, DC, may not see. He added, “The Appraisal Institute should think more globally about big systemic issues and that would be a great value add and take the burden off individual appraisers.”

AI Honors 8 National Award Winners

Peter D. Bowes, MAI, of Denver and Reaves C. Lukens Jr., MAI, SRA, of Gladwyne, Pennsylvania, were honored with the Lifetime Achievement Award and Michael G. Miller, MAI, SRA, AI-GRS, of Richmond, Virginia, and Charles J. Lentz, MAI, of Orlando, Florida, were named the recipients of the Outstanding Service Award during the Appraisal Institute Annual Meeting Awards Dinner on Wednesday night.

Four individuals were also honored with the President’s Award last night. President’s Award recipients were Craig M. Harrington, SRA, AI-RRS, of Chaska, Minnesota; Paula K. Konikoff, JD, MAI, AI-GRS, of New York; Richard L. Borges II, MAI, SRA, AI-RRS, of Seymour, Indiana; and Leslie P. Sellers, MAI, SRA, of Clinton, Tennessee.

2015 Annual Meeting

Save the date for next year’s Appraisal Institute Annual Meeting, July 27-29, 2015 in Dallas, Texas.

Join the conversation on Twitter: #AIConnect14

Have an opinion? Go to the Appraisal Institute blog and leave a comment.

Wed, Aug 6, 2014

 

Connect with Your Colleagues

Having built relationships around the country, many attendees have used AI Connect as their chance to reconnect with long-distance friends, colleagues and connections. View the directory of registered attendees online to help locate and reconnect with yours!

Exhibit Hall Abuzz 

With so many attendees identifying the networking opportunities as one of their favorite aspects of the 2014 Annual Meeting, it was never more apparent Tuesday than on the exhibit floor (Governor's Ballroom, Salon C-D-E). The nearly 450 attendees made their way through the exhibit floor throughout the day, taking advantage of the chance to exchange ideas and experiences with other valuation professionals, as well as learn about new trends, tools and services from the various industry vendors and service providers at the more than 30 exhibits.

AI Hosts Cocktail Reception 

The Appraisal Institute hosted a reception Tuesday night on the exhibit floor (Governor's Ballroom, Salon C-D-E). AI Connect attendees had the opportunity to network with their peers, and took advantage of their last chance to peruse the exhibits.

Wednesday’s Highlights

Be sure to attend the closing general session at 1:30 p.m. CDT today in Salon A/B of the Governor’s Ballroom on the fourth floor of the Austin Hilton. Speakers will be Mark G. Dotzour, Ph.D., chief economist and director of research, the Real Estate Center at Texas A&M University, addressing “The Economic Outlook for Real Estate Investors and Decision Makers” and Brian Olasov, managing director, McKenna Long & Aldridge LLP, talking about “A $19 Trillion Education: Are We Smarter Now than in 2008?”

Also, you won’t want to miss the annual AI awards dinner at 7 p.m. CDT today in Salon A/B of the Governor’s Ballroom on the fourth floor. Some of the valuation profession’s top practitioners will receive AI’s Lifetime Achievement Award, Outstanding Service Award and President’s Award. Immediately following the dinner, the Nightowls will perform. An eight-piece Austin band playing Motown, funk and soul hits, the Nightowls are sure to get you dancing.

AI Connect Attendees Sound Off

Attendees shared their experiences at AI Connect so far. Here's the word on the street:

“I really enjoy meeting with people. I’m here with my closest friends both socially and professionally. It is such a learning experience and the ultimate networking opportunity.”

            –      Terry Bernhardt, SRA

“I love to attend the Annual Meeting. It’s a great place to network and get some good CE credit.”

            –      Misa Zane, MAI

“I look forward to seeing these guys; I only get to see them once a year. This year I also needed a lot of CE credit, so this was a great way to get that.”

      Eric Garfield, MAI

“My favorite part is getting to network with so many appraisers and instructors … people I’ve known for 20-25 years through my education and being a professional myself. It’s great to see everybody. And I’ve never been to Texas! This is a great place to be.”

      Jeff Jacobson, MAI, SRA

Being surrounded by nearly 450 of the best of the best in the valuation profession made many attendees reflective of their careers and how having an Appraisal Institute designation has helped them along the way. Here’s what a few had to say:

“Designation is important in order to be at the top of the profession.”

      Carlos Xavier Vélez, SRA

“Having an Appraisal Institute designation has helped my career in innumerable ways. My clients typically are looking for MAIs … they’re looking for someone with that experience.”

      Joe Anderson, MAI

“I am pursuing designation for professional advancement. I have a local license in Serbia and have been practicing in commercial appraisals for seven years, but getting my designation will certainly make me more competitive in the market.”

      Sladjana Popovic, Candidate for Designation

Join the conversation on Twitter: #AIConnect14

Have an opinion? Go to the Appraisal Institute blog and leave a comment.

Tuesday, Aug 5, 2014

"Last Man on the Moon" Dazzles Attendees
Former astronaut and retired U.S. Navy Captain Eugene A. "Gene" Cernan, keynote speaker at this year's AI Connect, told attendees in the Governor's Ballroom on Monday that what appraisers and astronauts have in common is professionalism. He told the packed room that "professionalism is more than a word, it's a way of life." Captain Cernan reflected on his two missions to the moon, and his distinction as the last man to set foot on the lunar surface. Attendees also heard from Texas Commissioner of Agriculture Todd Staples, a temporarily non-practicing Designated member of the Appraisal Institute who received his SRA designation in 1998. 

AI President Addresses Exciting Happenings
Saying that, "we seek to lead the way in elevating the quality of the valuation profession in order to best serve clients and the general public," Appraisal Institute President Ken P. Wilson, MAI, SRA, told AI Annual Meeting attendees during Monday's opening general session that after only five months this year, AI is on track to surpass the number of designations conferred in 2013, as well as in 2012, which was the highest number in nearly 20 years.

He acknowledged that the number of licensed U.S. appraisers decreased at an average rate of 3 percent per year over the past five years. Knowing this, Wilson said the Appraisal Institute has decided once again to lead the valuation profession, showing the way forward by unveiling its strategic initiatives. He said, "The key point with all three of these strategic initiatives- what they all have in common - are vision, commitment and leadership. The Appraisal Institute saw what needed to be done, we decided to do it, and we are doing it." 

Exhibit Hall is Open
The exhibit hall opened Monday in the Governor's Ballroom (fourth floor) with more than 30 exhibitors and nearly 450 attendees registered. Booths will open at 10 a.m. Tuesday and close at 8 p.m. The exhibit hall won't reopen Wednesday, so be sure to see what's new and exciting for valuation professionals while you can. Also, be sure to get your Passport to Prizes stamped at each booth in order to be eligible for Wednesday night's fantastic prize drawing. You must be present to win!

AI Hosts Welcome Reception 
The Appraisal Institute hosted a reception Monday night on the exhibit floor (Governor's Ballroom, fourth floor). AI Connect attendees had the opportunity to network with their peers from around the country, as well as chances to win one of several raffle prizes. 

Today's Events
Be sure to join your fellow attendees today at 7 a.m. for the Appraisal Institute Education Trust awards breakfast in Governor's Ballroom A-B, and for tonight's reception in Governor's Ballroom C-E from 6 p.m. to 8 p.m.

Join the conversation on Twitter: #AIConnect14

Have an opinion? Go to the Appraisal Institute blog and leave a comment.

Monday, August 4, 2014

Welcome to Austin, Texas, and AI Connect 2014! Check your email each morning while you're at the Appraisal Institute Annual Meeting for highlights of the day's activities and a recap of the previous day's happenings.

Here are a few events to look forward to this week:

Today's Opening General Session

You won't want to miss today's opening general session at 1:30 p.m. CDT in the Governor's Ballroom, Salon A/B. This year's keynote speaker is former Gemini and Apollo astronaut Eugene A. Cernan, the second American to walk in space and the last man to have left his footprints on the lunar surface. Today's keynote address is sponsored by LIA Administrators and Insurance Service. Also scheduled to speak this afternoon is Texas Commissioner of Agriculture Todd Staples, a temporarily non-practicing Designated member of the Appraisal Institute.

Tonight's Welcome Reception

Network with your colleagues at a welcome reception from 6 p.m. to 8 p.m. CDT today in the Governor's Ballroom, Salon C-D-E. The event will take place in the exhibit hall, so be sure to visit the booths and get to know this year's exhibitors. And don't forget to pick up your "Passport to Prizes" card for the chance to win fabulous prizes!

Things to Do in Austin

If you're looking for something to do during your downtime at AI Connect, there's no shortage of activities around Austin, including museums, nightlife, dining and shopping. Visit AI's " Explore Austin" web page for ideas.

 
Later This Week at AI Connect
 
Don't miss out on these other great opportunities at the 2014 Appraisal Institute Annual Meeting:

  • The AI Education Trust awards breakfast will begin at 7 a.m. CDT Tuesday in the Governor's Ballroom, Salon A-B. There will NOT be a continental breakfast offered Tuesday morning; it will be a sit-down breakfast with a program honoring AIET award winners.
  • Look for members of the AI staff with a video camera. They want to hear about your experiences at AI Connect, so stop by and chat with them.
  • The annual AI awards dinner at 7 p.m. CDT Wednesday in the Governor's Ballroom, Salon A-B, will be followed immediately by dancing to the music of the Nightowls, an eight-piece Austin band playing Motown, funk and soul hits.


Join the conversation on Twitter: #AIConnect14

Have an opinion? Go to the Appraisal Institute blog and leave a comment.

 

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