East Texas Real Estate Appraisal Symposium

EAST TEXAS REAL ESTATE APPRAISAL SYMPOSIUM 

in conjunction with North Texas Chapter Appraisal Institute Meeting

June 6, 2025, Friday

The Success Center, 5230 Old Jacksonville Hwy, Tyler, TX 75703

***This offering is for the FULL SYMPOSIUM PROGRAM ONLY***

o Full Symposium Program (5 Hours CE Credit) $75.00, Includes lunch and all programs (9:30 am - 2:30 pm)

Schedule of Events

Morning Program

9:00 - 9:25 am Check-in at The Success Center

9:30 - 11:30 am Two-Hour Seminar:  "An Overview of Appraisal Review"

Robert L. Moorman, MAI, SRA, AI-GRS, CDEI, AQB Certified USPAP Instructor 

Senior Managing Director, QC Lead, South Central Region, Valuation & Advisory, Cushman & Wakefield  

Rob Moorman will lead a presentation focused on the appraisal review process, emphasizing the Uniform Standards of Professional Appraisal Practice (USPAP) and bank appraisal policies. The discussion will cover pertinent issues and trending topics for both residential and commercial real estate appraisals, ensuring compliance with regulatory and client requirements. Key provisions of the Interagency Appraisal and Evaluation Guidelines and USPAP will be highlighted. Additionally, Robert will offer valuable insights for appraisers and reviewers, including effective strategies for communicating expectations and resolving disagreements.

Lunch Program and Meeting of the North Texas Chapter of the Appraisal Institute

11:30 am Lunch served by The Success Center

11:35 am Opening remarks from Tracy Law, MAI

Tracy Law, MAI, serves as President of the North Texas Chapter of the Appraisal Institute. 

Executive Director, Dispute Analysis and Litigation Support, Valuation & Advisory, Cushman &Wakefield

11:40 am – 12:40 pm Lunch Program Presentation

“Preparing for the new dynamic URAR and part of the UAD 3.6 dataset along with Understanding Fannie Mae’s new guidelines on Market Analysis and Market Change adjustments.”  

Presented by; Allen Gardiner MAI, SRA, Gardiner Ray LLC, Real Estate Appraisal and Consulting and Matthew Hyatt, SRA, MNAA, ATAR, General Manager of National Appraisal Services

Allen and Matthew will discuss the transition from the traditional Uniform Residential Appraisal Report (URAR) to the new dynamic version. They will highlight the adaptable design, anticipated streamlined efficiency, and enhanced data-driven approach.  They will discuss the rollout phases and what appraisers can expect in terms of training and software updates. Appraisers will get tips on adapting to the new requirements and integrating them into their workflow.

Allen and Matthew will provide an overview of UAD 3.6 (Uniform Appraisal Dataset 3.6) They will discuss the new data points required and how they enhance the appraisal process. They will highlight how appraisal software can support the new dataset and what appraisers need to know about using these tools effectively.

Allen and Matthew will discuss Fannie Mae’s new guidelines on market analysis and market change adjustments. This will include new standardized definitions for "Neighborhood" and "Market Area" and their implications for appraisals.  Suggested techniques for making and supporting market condition adjustments, including the use of MLS data, public records, and price indices. They will make recommendations about how to report market analysis that supports both the indicated overall market trend and market-derived time adjustments.

12:40 – 1:40 pm Lunch Program Presentation

“Quality Control - What All Is Involved and Appraisal Institute Legislative Day Updates”

Robert L. Moorman, MAI, SRA, AI-GRS, CDEI, AQB Certified USPAP Instructor

Rob will help appraisers gain an understanding of quality control as crucial in the appraisal process to ensure accurate and reliable valuations. He will discuss frequent problems in appraisals, such as discrepancies in comparable properties and the impact of desktop appraisals. He will offer strategies for improving quality control, including thorough reviews, using third-party tools, and maintaining high standards. He will discuss how QC ensures compliance with industry standards, avoiding legal issues related to inaccurate appraisals.

Rob will give an update on key public policy issues affecting appraisers, such as appraisal waivers, hybrid appraisals, and the role of appraisal management companies. He will discuss how the Appraisal Institute engages with Capitol Hill staff and the Texas Legislature to advocate for changes that support the appraisal profession. He will stress the importance of LDAC networking opportunities to build connections with peers and industry leaders from across the country. 

BREAK - DOOR PRIZES – “Must be present to win”

Afternoon Program 

1:40 – 2:05 pm “East Texas Economic Outlook”

Carl Whitaker, Chief Economist and Vice President, RealPage

Carl Whitaker's will share his expertise to provide appraisers with valuable insights into the economic landscape of East Texas, helping them to make more accurate and informed appraisals. He will touch on the fundamentals and regional economic trends including population growth with insights into demographic changes and their impact on property values and demand; employment statistics with analysis of job market trends, including key industries driving employment and their influence on the housing market; and income levels and income growth with implications for housing affordability and market stability. Carl will discuss market dynamics of housing supply and demand, including supply levels and demand trends, which are crucial for accurate appraisals. He will report on rent growth and occupancy rate, with a detailed look at market performance, comparing East Texas to regional and broader national trends, helping appraisers understand local market conditions. And he will update on new developments and their potential impact on property values and market dynamics. He will share economic forecasts with a short-term outlook (projections for the next 12-18 months) focusing on commercial and housing market expectations, aiding appraisers in making informed decisions. He will also share long-term predictions and potential challenges or opportunities for the region.

2:05 – 2:30 pm “The Real Impact of the NAR Settlement”

Presented by Cindi Featherston-Shields, The Property Shoppe – eXp realty, Realtor® Broker Associate

Cindi's presentation will provide appraisers with valuable insights into the practical implications of the NAR settlement, helping them navigate the changes effectively. She will provide background and context, so appraisers gain an understanding of the reasons behind the National Association of Realtors (NAR) settlement and its implications. She will give an overview of the settlement terms and how they affect real estate practices, including changes to commission structures and transparency requirements. She will discuss how the settlement might influence market conditions, including buyer and seller behaviors. She will discuss potential changes in appraisal methodologies to align with new industry standards and practices. Appraisers will obtain a better understanding of the new compliance requirements and how to integrate them into their daily appraisal work.

2:30 pm: Dismissal