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Chapter FYI from AI

Important Dates & Deadlines

A U G U S T

24 - 25 | AI Board of Directors Meeting 

S E P T E M B E R

1 | Leadership Resource Registry submissions due. Learn more here.
11 | Chapter Executive Diretors Web Meeting 
15 | Chapter Education Application recommended submittal date
30 | Online Revenue Share Q3 submission deadline

O C T O B E R

1 | AI Education Trust Scholarship deadline. Learn more here.
2 | Chapter Leadership Program registration and hotel reservation deadline. Learn more here.
13 | Valuation education advertisement deadline
23 | Deadline for 2018 chapter/region dues and fees amounts to be submitted
26 - 27 | Chapter Leadership Program, Intercontinental Hotel, Chicago. Learn more here.

N O V E M B E R

2-3 | Release of NEW 15-hour Green Commercial Appraisal course for general real estate appraisers: Practical Applications in Appraising Green Commercial Properties, Nashville, TN. Learn more here.
10 | Premiere of Solving Land Valuation Puzzles, Chicago. Learn more here.
16-17 | AI Board of Directors Meeting
 

New Announcements

State and Government Agency Registrations for Chapter ProgramsWhen working with state or government agencies on registrations for chapter sponsored seminars/classes, you will likely be asked to provide a DUNS Number or Cage Code in order to receive payment via ACH Credit. If your chapter does not have its own number/code and you provide them with the Appraisal Institute DUNS number and/or Cage Code, please make sure to inform the National office. This number/code is linked to National’s bank account and the payment will be sent to our office. 
 
In order to ensure that your chapter receives the payment for registrations, please send an email to Finance at finance@appraisalinstitute.org, and provide us with as much information as possible such as a copy of an invoice that was generated, class date, expected payment amount, etc. These ACH Credit payments do not include chapter names, therefore it is extraordinarily challenging to know which chapter should receive the funds. 
 
If you have any questions, please contact Sylvia Davila at sdavila@appraisalinstitute.org or Yolanda Smith at ysmith@appraisalinstitute.org
 
New AI Media Coverage Video Available for Chapters | A new video covering the media highlights of the Appraisal Institute and its professionals is now available for chapters to show at upcoming meetings.

The video notes that, in the first half of 2017, media coverage of the Appraisal Institute and its professionals was potentially seen, read or heard more than 1 billion times, with a publicity value of nearly $3.5 million.

From January to June, the Appraisal Institute and its professionals appeared in 1,337 stories that appeared in 544 unique newspapers, magazines, television and radio stations and online media outlets.

This coverage generated 1,057,315,166 impressions, which is defined as the number of times a story may have been seen, read or heard. Coverage resulted in a publicity value of nearly $3.5 million (based on a vendor’s proprietary formula that approximates how much the coverage is worth).
 
 

 

Education 
The Education Committee recently adjusted the timeline for all classroom and synchronous registration and online session end dates (see chart below).  
 
This affects the following four courses:
Advanced Income Capitalization
Advanced Market Analysis and Highest and Best Use
Quantitative Analysis
Advanced Concepts and Case Studies
 

Important Deadlines for MAI Designation Education

Task

Deadlines

Official FIRST day of course—day online session begins

28 days BEFORE the classroom session begins

Last day to register for and submit the Diagnostic Test

21 days BEFORE the classroom session begins

Last day to receive a “pass” confirmation on Diagnostic Test

14 days BEFORE the classroom session begins

Last day to register for the course with printed materials*

14 days BEFORE the classroom session begins

Last day to register for the course* 

5  days BEFORE the classroom session begins

Last day to cancel registration with full refund

15 days BEFORE the classroom session begins

Last day to cancel registration with $150 cancellation fee

14 days or less BEFORE the classroom session begins

Last day to cancel registration with -0- refund

7 days or less BEFORE the classroom session begins

Last day to complete online session

2 days BEFORE the classroom session begins

 
Those with chapter access to the Knowledge Center will now see the Instructor Materials for the programs that they are set to offer.  This will assist you if your instructors contact you about materials.  Also, the Education Committee now allows solution booklets to be sent to the student in advance for direct ship, and are immediately available to download by registrants on the Knowledge Center.  If your students are receiving their materials direct ship or download, then solutions will only need to be ordered for those that are pick up on-site.
 
*Update – Please note that there are a handful of temporary exceptions to this as our development staff works on some content changes needed to allow for this. Please see list of courses affected.
 
Case Studies in Appraising Green Residential Buildings
Quantitative Analysis 
Residential & Commercial Valuation of Solar
 
 
Consider the bulk shipping option when setting up new classes in OLRS
  • All materials are sent directly to chapter or location of the class.
  • Students have immediate access to materials via the Knowledge Center upon registration and for one year after the class.
  • Bulk shipping will typically save between 50-85% off costs.
  • Option must be selected at least 30 days before the start of the class.
Minimize last-minute shipping
  • Order materials sooner than 8 business days before the start of the class to ensure materials are shipped via UPS Ground. 
  • Order a few extra solutions and exams (if applicable) in case of walk-ins or late registrations
Take advantage of downloadable materials option
  • Direct late registrants to Knowledge Center for download only option when you do not have hard copies available.
  • Encourage download only option to all (no shipping costs to the chapter). This is easily set up in the OLRS section, Offering Administration, under #3 - View/Edit Direct Ship Indicator.
 
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When registering students, they must have created an AI username and password before registration, and you must ask them to do so. They must have this established in order for them to have accessibility to various items on the web site and Knowledge Center. Please do not register students without these credentials.

Classroom Education | Now Available: 

Uniform Appraisal Standards for Federal Land Acquisitions: Practical Applications: For course description and more information, click here.  View AI’s webinar, Yellow Book Changes - Overview for Appraisers, to learn about changes in the 6th edition of the Uniform Appraisal Standards for Federal Land Acquisitions. To download a FREE electronic copy of the Yellow Book click here.
 
Advanced Land Valuation: Sound Solutions to Perplexing Problems: Click here for more information on this NEW seminar!
 
Valuation of Conservation Easements: Click here for course description and other details.
 
FHA Appraising for Valuation Professionals: FHA Single Family Housing Appraisal Requirements: For a description of the updated seminar, click here.
 
Review Case Studies-Residential: Click here for more information on NEW, post-premiere course!

Classroom Education | Coming Soon: 

Practical Applications in Appraising Green Commercial Properties: NEW 15-hour course will replace the classroom course titled Case Studies in Appraising Green Commercial Buildings. Based on the soon-to-be released publication, The Valuation of Green Commercial Real Estate. Release of NEW course November 2-3 in Nashville! Release to Chapters in January 2018.
 
Solving Land Valuation Puzzles: NEW 7-hour seminar for general and residential appraisers. A collection of mini-case studies spurs discussion specific to land valuation studies, including highest and best use considerations, land residual analysis, contamination, and tax increment financing impacts on feasibility, among others. Premieres November 10 in Chicago! Release to Chapters in November.
 
In the Eye of the Hurricane: Understanding an Investigation by a State Regulatory Board Agency: NEW 4-hour seminar for residential and general appraisers. Explores why a state investigation is serious business, how the process works (in general), how a complaint begins, the consequences of sanctions, the role of USPAP, and what can be learned from disciplinary actions. Tentative release in December. 
 
General Income Approach/Part 1
UPDATE/Revision available end of year 2017.

Condemnation Appraising: Principles & Applications
UPDATE/Revision available end of year 2017.

General Income Approach/Part 2
UPDATE/Revision available in 2018

General Site Valuation & Cost
MAJOR REVISION available in 2018.

General Report Writing & Case Studies
MAJOR REVISION available in 2018

Marketing Flyers Available for Chapters

If interested in obtaining the pdf of one or more of the flyers listed below, please contact Mallory Whaley (mwhaley@appraisalinstitute.org). 

Advanced Land Valuation: Sound Solutions to Perplexing Problems
Valuation of Conservation Easements
Uniform Appraisal Standards for Federal Land Acquisitions: Practical Applications
Case Studies in Appraising Green Residential Building
• COMING SOON:  Practical Applications for Appraising Green Commercial Properties
• COMING SOON:  Solving Land Valuation Problems

 

Newly Designated Members
Recognize and congratulate newly Designated Members in your chapter! A list of all individuals who were recently designated is available here.
 
Volunteer of Distinction Program
Any Designated Member, Candidate for Designation, Practicing Affiliate or Affiliate in good standing who makes contributions to the Appraisal Institute, the valuation profession and their local community is eligible to be recognized. AI professionals submit nominations, on a form provided on the Appraisal Institute’s website, to AI national staff. Appraisal Institute staff receive and review nominations to confirm that they conform to the program’s selection criteria. Individuals may not nominate themselves. Nominations should be sent to VOD@appraisalinstitute.org.
 
*Key Changes Implemented to Volunteer of Distinction Program: Please note that as of July 1, Volunteer of Distinction honorees are being  recognized quarterly as opposed to monthly. 
Any AI professional may nominate another AI professional by filling out and emailing the form on the AI website directly to VOD@appraisalinstitute.org.
See the updated Nomination Form and Program Description for further details. 

 

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