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Chapter FYI from AI

 

 

 


Chapter FYI - January 2018

Important Dates & Deadlines

J A N U A R Y

23-24 | National Committee Meetings, Chicago, IL
31 | Mininum Chapter Critera reporting deadline

F E B R U A R Y

14 | Leadership Development and Advisory Council (LDAC) registration opens. Learn more here.
19 | Nominations for 2019 AI Vice President due. Learn more here.
22-23 | AI Board of Directors 1st Quarter Meeting, Chicago, IL

Future 2018 Meetings/Events

May 10-11 | AI Board of Directors 2nd Quarter Meeting, Chicago, IL
May 16-18 | LDAC, Washington, DC
July 29 | Region Meetings, Nashville, TN
July 30 - Aug. 1 | AI Annual Conference, Nashville, TN
Aug. 2-3 | AI Board of Directors 3rd Quarter Meeting, Nashville, TN
Oct. 11-12 | Chapter Leadership Program, Chicago, IL
Nov. 15-16 | AI Board of Directors 4th Quarter Meeting, Chicago, IL

New Announcements

Minimum Chapter Criteria Reporting – Jan. 31 Deadlines | Chapters must submit the following to the Minimum Chapter Criteria Report website by Jan. 31, 2018:
  • 2017 meeting minutes
  • Attendance at the 2017 Chapter Leadership Program
  • Attendance at the 2017 regional meetings 
  • 2018 officer email addresses
  • Chapter committee rosters 
  • 2018 mission and goals 
  • Reporting of any branch chapters
  • Approved 2018 budget 
  • Signed Internal Control Policy (end-of-term and beginning-of-term signatures)
All Minimum Chapter Criteria must be submitted to the Minimum Chapter Criteria website to be counted. Please see the Reporting Chapter Information section of the 2018 Chapter Operations Manual for more information on completing the Minimum Chapter Criteria Report.
 
Note: The Appraisal Institute will not reimburse a chapter for chapter dues and fees until the chapter has complied with the applicable Jan. 31 reporting deadlines.
 
LDAC Registration to Open Feb. 14 | The 2018 Leadership Development and Advisory Council conference will be held May 16-18 in Washington, D.C. Registration for LDAC will open Feb. 14. For more information click here.
 
Nominations for 2019 AI Vice President Due Feb. 19 | The Appraisal Institute is seeking the names of AI professionals interested in serving as the organization’s 2019 vice president. The 2019 vice president will succeed to the office of president-elect in 2020, president in 2021 and immediate past president in 2022.
 
Deadline for submission is Feb. 19.
 
View the qualifications for 2019 vice president. Nominees cannot serve as a member of the National Nominating Committee at any time during the year in which their candidacy would be considered. This requirement does not preclude consideration for the office in future years.
 
Appraisal Institute professionals wishing to serve or interested in recommending someone for the position should submit information in writing to:
 
Scott Robinson, MAI, SRA, AI-GRS
Chair, 2018 National Nominating Committee
c/o Joan Barngrover
Appraisal Institute
200 W. Madison Avenue
Suite 1500
Chicago, IL 60606
 
Or email your recommendation to: jbarngrover@appraisalinstitute.org.
 
The National Nominating Committee is scheduled to meet in Chicago May 8-9.

Reminder: Chapter Updates Needed - 2018 ACH Email Notifications to Chapters | To ensure that 2018 ACH email notifications are sent to the appropriate chapter representative(s), if you have not yet done so please forward the name(s) and email address of each recipient for your chapter to finance@appraisalinstitute.org. Our system only allows two email addresses for these payment notification emails.

 

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.
 
Advanced Market Analysis and Highest & Best Use
• 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.
Dec_2017_FYI
 
For all offerings of the NEW Practical Application in Appraising Green Commercial Properties course, an additional “contact information opt-out” form will be sent to the chapter to be passed around to students during class. Once the form is completed, chapters will need to send the completed form to education@appraisalinstitute.org. The reason for this form and the language that appears on the form is below. If you have questions, please contact Mallory Whaley, mwhaley@appraisalinstitute.org.
 
The materials for the Practical Applications in Appraising Green Commercial Properties course include images provided by CoreLogic/Marshall & Swift products. The Appraisal Institute has agreed to send CoreLogic contact information of attendees who take the course so that CoreLogic can send communications to course participants after the class has ended. If you do NOT want to receive communication from CoreLogic/Marshall & Swift, please check the box before your name. 
 
The "contact Information opt-out" form is also downloadable here.
 
When registering students, they must have created an AI username and password before registration. They must have this established in order for them to access various items on the website and within the Knowledge Center. Please do not register students without these credentials.

Classroom Education | Now Available: 

Advanced Market Analysis and Highest & Best Use: Revised course now available! Click here to find out more.

2018-2019 National Uniform Standards of Professional Appraisal Practice (USPAP) Course 7-Hour Update: Classroom Available Now! Check here for offerings.

2018-2019 National Uniform Standards of Professional Appraisal Practice (USPAP) 15-Hour Course: Classroom Available December 11, 2017. Click here for upcoming offerings.  

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. Learn more here.

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. Click here for more information. 

Advanced Land Valuation: Sound Solutions to Perplexing Problems: Click here for more information on this NEW one-day seminar!
 
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.
 
Valuation of Conservation Easements: Click here for recently updated course description and other details.

Classroom Education | Coming Soon: 

Condemnation Appraising: Principles & Applications
UPDATE/Revision available soon!
 
General Income Approach/Part 1
UPDATE/Revision available soon!
 
Business Practices and Ethics 
UPDATE/Revision to be released February 2018.

Classroom Education | Coming 2018:

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 premiere and release to Chapters in May/June 2018. 

Evaluating Commercial Leases: The Tenant and the Terms Both Matter
This NEW 7-hour entry-level seminar will be targeted to general appraisers, lenders, and review appraisers. More information coming soon. Tentative premiere and release to Chapters May 2018. 
 
Rural Valuation Basics
This NEW 7-hour seminar will be based on the new Rural Property Valuation book. Tentative 3rd Quarter 2018 premiere. 
 
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 tentative release 4th quarter 2018.
 
Valuing Leasehold Interests
NEW 7-hour seminar. Tentative 3rd or early 4th Quarter 2018 premiere.

Litigation Skills for the Appraiser (title TBD)
NEW 7-hour seminar based on the retired one. Tentative premiere: 3rd or 4th Quarter 2018.

Litigation Appraising: Specialized Topics & Applications
15-hour PDP Revision. Tentative release 4th Quarter 2018.

The Appraiser as an Expert Witness
15-hour PDP Revision. Tentative release 4th Quarter 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). 

• Do you have the competency needed to value green properties? (click here to view example flyer)
• Practical Applications for Appraising Green Commercial Properties
• Solving Land Valuation Puzzles
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

Admissions

Status Changes
Designated members who wish to change their status may do so via the online Status Change Application. The various statuses - in additional to their respective descriptions of eligibility - are listed on the application webpage. If Designated members have any questions, they should contact membershipcategories@appraisalinstitute.org or (312) 335-4111.

Accessing AI CE Status Report and Log for Designated members and Practicing Affiliates
Entering outside provider CE is easy for both Designated members and Practicing Affiliates once they log in and click on the link: MY AI CE Status Report. Designated members and Practicing Affiliates can see what AI CE requirements have been completed and what still needs to be done and when their AI CE cycle ends and begins. THIS GUIDE will show chapters how to help Designated members and Practicing Affiliates see their AI CE Status Report and how to add AI CE to their log, including service to AI, the real estate profession and as a Candidate Advisor.

CE Extensions
As the year comes to a close, Designated members whose cycles end on 12/31/17 must complete any outstanding AI CE requirements or submit an EXTENSION located on the AI CE Resources page.

Admissions
AI Admissions recently sent one of its final reminders to Candidates who still need to complete 2017 Annual Minimum Progress and whose Timelines to Designation end on December 31, 2017. We encourage chapters to do the same by using the Chapter Info website.


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
Four individuals honored as AI ‘Volunteer of Distinction’ in Q4
 
The Appraisal Institute announced Jan. 3 the recognition of four individuals as a “Volunteer of Distinction” for the fourth quarter: Allen W. Gardiner, SRA, (Region VIII); S. Celeste Mohon, SRA, (Region V); Alexander B. Rubin, MAI, AI-GRS, (Region IX) and Michael V. Tankersley, MAI, SRA, AI-RRS, (Region IX).
 
Please note an important program change effective as of July 1, 2017. VOD honorees are now recognized on a quarterly basis, as opposed to monthly, i.e. Q4 2017 honorees were recognized in January, as opposed to individual honorees for October, November and December. Any AI professional may nominate another AI professional directly at VOD@appraisalinstitute.org, using the form on the AI website.
 
All honorees still will be promoted via the President’s Message, local news release and Appraiser News Online, and chapters will continue to be provided a certificate for each honoree from their chapter.
 
Check out the updated Nomination Form and Program Description for further details.

 

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