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Chapter FYI from AI

Chapter FYI - April 2019

Important Dates & Deadlines

APRIL

  9 | Instructor Training Webinar for changes to Business Practices and Ethics course. Register here.
15 | Exposure Draft revisions deadline to guidenote@appraisalinstitute.org. View proposed Guide Note.
15 | AI Education and Relief Foundation College Scholarship application deadline. Learn more.
23 | Instructor Training Webinar for changes to Business Practices and Ethics. Register here.

MAY

9-10 | AI Board of Directors 2nd Quarter Meeting, Chicago
15 | Federal and State Tax Return submission deadline (Minimum Chapter Criteria)
15-17 | Leadership Development and Advisory Council (LDAC), Washington, DC
24 | Nominations for Lifetime Achievement Award and Outstanding Service Award. Learn more.
31 | Chapter Awards application deadline. Learn more.

Future Meetings/Events/Etc.

July 1 | Chapter Leadership Program and Regional Meetings registration deadline.
July 1 | AI Education and Relief Foundation scholarship application deadline. Learn more.
July 21 | Regional Meetings, Denver
July 22 | Chapter Leadership Program, Denver
July 22-24 | 2019 Annual Conference, Denver
July 25-26 | AI Board of Directors 3rd Quarter Meeting, Denver
Aug. 1 | Leadership Resource Registry submission deadline for 2020 national committees, panels, entities.
Oct. 1 | AI Education and Relief Foundation scholarship application deadline. Learn more.
Nov. 14-15 | AI Board of Directors 4th Quarter Meeting, Chicago
May 18-20, 2020 | LDAC 2020 - Save the Date!
 

New Announcements

Apply Now for Chapter Awards | Get recognized for your hard work and achievements during the 2018 calendar year. The national office is now accepting applications for the 2019 Chapter Awards Program. The following awards will be presented to winning chapters at the 2019 Chapter Leadership Program in Denver, July 22:
  • State Government Relations Award
  • Newsletter Award
  • Hot Topic/Special Projects Award

The deadline to apply is May 31. Learn more about the 2019 Chapter Awards and download the application here. Questions? Contact Diana Martinez at dmartinez@appraisalinstitute.org.

RAPT Releases Chapter Guidance | Learn why and how to host a residential roundtable in your Chapter. Download resource here.

Register Now for the Annual Conference | Registration is open for the 2019 Annual Conference, which will be held July 22-24 at the Hyatt Regency Denver at the Colorado Convention Center. Make your hotel reservations here before the room block fills-up.

Online registration rates increase by $50 on May 4th and onsite registration rates go up another $100. Be sure to register early and save! For a full description of registration fees and to register, click here.

OLRS Remittance Process Change | In preparation for CFMAP and netForum transitions, the process for remitting OLRS registrations and charging the related national fees will change, beginning with the May 3, 2019 OLRS ACH deposit. All credit card registration dollars collected will be remitted on a gross basis, meaning full registration dollars. Material, administration, shipping and state certification fees will not be deducted. These program fees will be charged monthly, following the completion of the offering. Fees will be processed via a credit memo issued to the chapter and deducted from future disbursements to the chapter.

National will issue a one-time reimbursement of fees already deducted in prior ACH batches for offerings ending in or after May 2019. Chapters will be provided a report with the detail of the calculated fees. Please refer to the Chapter ED Webinar Finance Update presentation, also located in Chapter Business Tools - Chapter Finances section. Questions should be sent to finance@appraisalinstitute.org.

Note: This change impacts non-CFMAP chapters only.

2 Candidates Seeking to Become 2020 AI Vice President |
The Appraisal Institute’s National Nominating Committee is scheduled to interview two candidates for 2020 AI vice president during its May 8 meeting in Chicago. The committee is expected to nominate one or more individuals for 2020 vice president at the Board of Directors’ May 9-10 meeting in Chicago.

The candidates (listed alphabetically) are Pledger M. Bishop, III, MAI, SRA, AI-GRS and Eric Schwartz, MAI, SRA, AI-GRS.

AI professionals may view the candidate biographies and questionnaires here and provide input by 5 p.m. CDT May 6. Correspondence should be addressed to Jim Murrett, MAI, SRA, chair, 2019 National Nominating Committee, and emailed to Joan Barngrover, board secretary and special assistant to the CEO, at jbarngrover@appraisalinstitute.org.

Chapter Legal Inquiries | Chapters should direct any legal or insurance related inquiries to Jeff Liskar, General Counsel, at jliskar@appraisalinstitute.org, Christina Mitakis, Associate Counsel, at cmitakis@appraisalinstitute.org, or Bobby Saleem, Staff Attorney, at bsaleem@appraisalinstitute.org.

Thank You to Our LDAC Sponsors | The Appraisal Institute is offering numerous sponsorship opportunities for LDAC. All money raised goes directly into the LDAC program, which allows us to continue our leadership development efforts. We thank all our 2019 sponsors to-date:
  • AI Education and Relief Trust
  • LIA
  • AI Insurance Trust
  • BBG
  • Bluegrass Chapter

 

Education 

New Education Announcement: MAJOR Revisions to Business Practices and Ethics

The revised course has been approved by the AQB for 6 CE hours. Please note that each state regulatory agency decides how many hours to allow for the course. Check with your state’s regulatory agency. Note that the AQB hours are recommended; however, each state has the right to grant its CE hours and they are final. Materials have been submitted to all states and there will be instructor training webinars to discuss all the changes on April 9 and April 23. The course will be available for offerings on or after April 4th.

Classroom Education | Now Available: 

Rural Valuation Basics
NEW 7-hour seminar premiered March 22, 2019; now available to Chapters! Find out more here.

Business Practices and Ethics
Find out more about this majorly revised 6-hour course debuting this month!

How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value
NEW 7-hour seminar, which premiered February 2019, now available to Chapters! Check out more here.

The Appraiser as an Expert Witness: Preparation & Testimony
15-hour Litigation PDP Revision. Released November 1, 2018. Click here for details!

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.

Ignorance Isn’t Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency
Find out more about this NEW 4-hour seminar for residential and general appraisers. Premiered October 2018.
  
Valuation by Comparison: Residential Analysis and Logic                                                                       
Click here for more information about this 7-hour seminar based on the 2018 updated 2nd edition of Valuation by Comparison by Mark Ratterman, MAI, SRA. Debuted October 2018.

Evaluating Commercial Leases: The Tenant and the Terms Both Matter
Post-premiere version now available! Click here for offerings and additional information. 

Classroom Education | In Development:                                                                                                                 

Artificial Intelligence, AVMS, Blockchain and the Future of Appraisal
New 4-hour seminar for general and residential appraisers. Tentative release to Chapters in August 2019.
 
General Market Analysis and Highest & Best Use
New addition: Practice Problems booklet containing additional computational problems to help students successfully work through related questions on the exam. Tentative release April/May 2019.
 
Litigation Appraising: Specialized Topics
Litigation PDP course Revision. Now 3 days. Tentative release to Chapters September 2019.

The Cost Approach: Unnecessary or Vital to a Healthy Practice?
NEW 7-hour seminar for residential appraisers. Tentative release to Chapters in October 2019.

Valuation Resources for Solar Photovoltaic Systems
NEW 3-hour seminar for real estate appraisers, lenders, and underwriters. Tentative release in October 2019.

General Report Writing & Case Studies
MAJOR REVISION tentative debut TBD.

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). 

  • 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)
2019 Chapter Program Fee Schedule
The chapter program fee schedule has been updated for 2019 and is now up in the Resources section of the Knowledge Center. No changes have been made to QE, DE, PD, USPAP, nor any of the CE courses. We have brought down the cost of older seminars to $30 (one-day) and $20 (half-day). Newer seminars will remain at $49/$25. See screen shots below.
FYISept1
 
FYISept2

 
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.
  • 7-Hour USPAP
  • 15-Hour USPAP
  • Review Case Studies - General
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.
Please advise students that we do submit the classroom hours to each of the below states. If they have a license in any of the states, please mark it on the sign- in sheet or a separate piece of paper.
 
Alabama
Florida
Georgia
Illinois
Kentucky
Michigan
Minnesota
Nebraska
Nevada
North Carolina
Oklahoma
Oregon
South Carolina
Utah
West Virginia
Wyoming
 
Click here to register.
Capstone_March2019
 
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.

 

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
New 'Volunteer of Distinction' Announcement | Starting with Q1 2019 “Volunteer of Distinction” honorees, AI will no longer distribute news releases to local newspapers. AI will continue to announce honorees on the website, in Appraiser News Online, the President’s Message and Chapter FYI. Certificates will be mailed to the honorees and chapter executive directors.
 
Fifteen individuals honored as AI 'Volunteer of Distinction' in Q1  | The Appraisal Institute announced April 3 the recognition of fifteen individuals as a “Volunteer of Distinction” for the first quarter: Gregory J. Accetta, MAI, AI-GRS, (Massachusetts and Rhode Island Chapter); Patrick H. Adamson, MAI, SRA, (Atlanta Area Chapter); Lauren E. Berkemeyer, Candidate for Designation, (Atlanta Area Chapter); Donna B. Bordelon, MAI, AI-GRS, (Atlanta Area Chapter); Nicholas P. Cadigan, MAI, (Northern California Chapter); Lisa L. Faulkner, SRA, (Savannah Area Chapter); Colin “Grant” Griffin, MAI, (Atlanta Area Chapter); Sarah G. Guthrie, MAI, (South Carolina Chapter); Bruce A. Kellogg, MAI, (Atlanta Area Chapter); Matthew M. Magdziarz, MAI, (Chicago Chapter); Allen D. McCravy, MAI, (South Carolina Chapter);  Susan A. Merrick, SRA, (San Diego Chapter); Carol D. Mouchet, Practicing Affiliate, (Savannah Area Chapter); J. Carl Schultz Jr., MAI, SRA, (Atlanta Area Chapter); and J. Marshall Vann, MAI, SRA, (South Carolina 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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