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Chapter FYI from AI

Chapter FYI - October 2019

Important Dates & Deadlines

OCTOBER

14 | 2020 AI Annual Conference Call for Presentations. Learn more.
15 | Chapter reimbursement for netFORUM Training deadline. Learn more.
21-24 | Debut of Synchronous Advanced Residential Applications & Case Studies/Part 1. Learn more.
24 | AI Chapter Portal Webinar. Register here.
30 | NCREIF Agricultural Appraisal Guidelines webinar. Learn more below.

NOVEMBER

14 | Premiere of NEW 4-hour seminar in Chicago, IL — Valuation Resources for Solar Photovoltaic SystemsLearn more.
Nov. 14-15 | AI Board of Directors 4th Quarter Meeting, Chicago
21 | Premiere of Rural Area Appraisals: Freddie Mac Guidelines and Property Eligibility Requirements in Fargo, ND. AI and Freddie Mac have partnered to provide this 7-hour National seminar. Learn more.
25 | 2020 AI Annual Conference Call for Presentations. Learn more.

DECEMBER

1 | Release of 7-Hour USPAP Update Course 2020-21Learn more.
2 | Premiere of NEW 7-hour seminar in Nashville, TN — The Cost Approach: Unnecessary or Vital to a Healthy Practice?  Learn more.
31 | Chapter Co-Op Advertising Reimbursement Program submission deadline. Learn more.
31 | Q4 Online Revenue Share submission deadline. Learn more.

Future Meetings/Events/Etc.

Feb. 11 | LDAC 2020 registration opens
May 18-20, 2020 | LDAC 2020 

New Announcements

New AI Chapter Portal | The Chapter Portal replaces "Chapter Business Tools" to which Chapter Officers, Education Chairs and Executive Directors have access within your AI account.  This portal will be used by chapters to perform functions including:
  • Scheduling and setting-up registration for national, chapter developed or third-party education offerings.
  • Scheduling and setting up registration for social events (non-CE events).
  • Reporting Minimum Chapter Criteria requirements as well as chapter officers and committee chairs.
  • Accessing the roster of chapter members.
  • Accessing reports related to chapter finances, education and more.
  • Accessing numerous "Chapter Business Tools"  resources to support chapter operations.
The current issue of Chapter FYI can also be accessed from the menu within the Chapter Portal.
 
NCREIF Agricultural Appraisal Guidelines | This webinar will walk appraisers through the new Guidelines of the NCREIF (National Council of Real Estate Investment Fiduciaries), discuss client needs in the agricultural space, and illustrate the application of the guidelines in an assignment for an institutional investor.
 
October 30th, 2019
10:00 am PT, 11:00 pm MT, 12:00 pm CT, 1:00 pm ET
Full Price AI Price CE Hours
$75.00 $50.00 2
 
Learn more about this webinar and register today!
 
Attend an Appraisal of Manufactured Homes Featuring Next-Generation Manufactured Homes Training Course | Appraising manufactured homes has its challenges. This new training course helps address them. Learn more or click here to register.
 
Oct. 16 - Ft. Wayne, IN
Oct. 16 - Birmingham, AL
Oct. 18 - Sacramento, CA
Oct. 21 - Little Rock, AR
Oct. 21 - Nashville, TN
Oct. 28 - Baton Rouge, LA
Oct. 31 - El Paso, TX

 

Education 

New Education Announcements:

The 7-Hour USPAP Update Course has arrived and will be available DECEMBER 1, 2019. We are in the process of submitting the course to all states for approval. Please note that some states can take up to 90 days to approve the program. Therefore, if you plan on offering the course, check the website to determine if the course has been approved. If it is not yet approved, we advise you to wait until approval has been granted before scheduling it. IF you choose to schedule it before it is approved, Chapters must be clear to participants in their advertising that their state has not yet approved the program. Please note, due to many state rules, you cannot say “Approval Pending” or “Approval Applied for.”
 
The web site will not list any dates in the title of the program until your state approves, and then the web site will be updated to show your offering as the 2020/2021 version.
 
IMPORTANT NOTE. If Chapters schedule the 7-Hour 2020-21 USPAP Update Course in December, the Chapter must make sure that the instructor has completed the new TAF Instructor Certification program by November 1; if not, the instructor will not be allowed to teach the course.

Classroom Education | Now Available: 

Rural Area Appraisals: Freddie Mac Guidelines and Property Eligibility Requirements
NEW 7-hour seminar for residential appraisers and reviewers who are currently working in the secondary market lending space. National premieres October 4 in Rapid City, SD and November 21, 2019 in North Dakota. Will be released to Chapters in 2020. Click here for more information.
 
Advanced Residential Applications & Case Studies/Part 1
Revised version to debut for October 21-24, 2019 Synchronous offering. Learn more here.
 
Artificial Intelligence, AVMs, and Blockchain: Implications for Valuation                                              
NEW 4-hour seminar for general and residential appraisers premiered August 23. Learn more here!
 
Litigation Appraising: Specialized Topics and Applications
Now 3 days. Release to chapters September 18, 2019. Third of three revised courses in the Litigation Professional Development Program. Click here for more information.
 
General Market Analysis and Highest & Best Use
New Practice Problems booklet containing additional computational problems to help students successfully work through related questions on the exam was released in May.
 
Rural Valuation Basics
7-hour seminar now available! Find out more here.
 
How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value
Check out new 7-hour seminar here.     
                                                                                                       
General Site Valuation & Cost Approach
MAJOR REVISION. Debuted November 2018. Reorganized, updated content, and the exam is now 3 hours (rather than 2).  Click here to find out more.

Classroom Education | In Development:                                                                                               

Valuation Resources for Solar Photovoltaic Systems
NEW 4-hour seminar for real estate appraisers, lenders, and underwriters. Premieres in Chicago, IL on November 14, 2019.
 
The Cost Approach: Unnecessary or Vital to a Healthy Practice?
NEW 7-hour seminar for residential appraisers. Premieres in Nashville, TN on December 2, 2019.
 
General Report Writing & Case Studies
MAJOR REVISION tentative release June 2020.

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). 

  • COMING SOONThe Cost Approach: Unnecessary or Vital to a Healthy Practice?
  • Valuation Resources for Solar Photovoltaic Systems
  • Artificial Intelligence, AVMs, and Blockchain: Implications for Valuation
  • Litigation Appraising: Specialized Topics and Applications
  • Rural Valuation Basics
  • How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value
  • Valuation by Comparison: Analysis and Logic
  • Ignorance Isn’t Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency
  • AIM HIGHER: DID YOU KNOW THE APPRAISAL INSTITUTE PROVIDES MORE THAN QUALITY EDUCATION TO THE VALUATION PROFESSION? (membership recruitment  - click here to view example flyer)
  • Evaluating Commercial Leases: The Tenant and the Terms Both Matter
  • 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
  • WANTED: Real Estate Appraisers Who are Experts in Litigation (Litigation education/publications)
  • Do you have the competency needed to value green properties? (Green education/publications - click here to view example flyer)
Designation_Education_and_USPAP
 
2020_Capstone_Schedule
 
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.

 

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
Nominate a Volunteer of Distinction | The Appraisal Institute announced Oct. 9 the recognition of three individuals as a “Volunteer of Distinction” for the third quarter: Steven G. Elliott, SRA, (Massachusetts and Rhode Island Chapter); Kenneth M. Konrath, MAI, (Chicago Chapter); and Jack L. Parr, SRA, Candidate for Designation, (Great Lakes Chapter).
 
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 in good standing 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.

Check out the Nomination Form and Program Description for further details.

 

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