Appraisal Institute News
Potentially Increase Your Home's Value, Appraisal Institute Says
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to focus on easy ways to potentially improve their property’s value.
Arizona Enacts Statute of Repose; Florida Close to Doing So
Efforts to limit real estate appraiser liability are advancing in the states as Arizona Gov. Katie Hobbs signed HB 2230 on April 18 and the Florida legislature sent HB 213 to Gov. Ron DeSantis to sign on May 2
Appraisal Institute Seeks Nominations for Annual Awards; Submissions Due July 31
The Appraisal Institute announced May 3 that it is accepting nominations for its J. Scott Robinson Lifetime Achievement, Outstanding Service Award, William S. Harps DEI Award and Women’s Initiative SPOTLIGHT Award, four ways that AI recognizes some of its brightest and most deserving professionals.
AI Letter to FHFA Critical of Value Acceptance Program
The Appraisal Institute on April 13 sent a letter to Federal Housing Finance Agency Director Sandra Thompson that was critical of Fannie Mae’s value acceptance program.
Four Candidates Seeking to Become 2024 AI Vice President
The Appraisal Institute’s National Nominating Committee is scheduled to interview four candidates for 2024 AI vice president at its May 10 meeting in Chicago.
Appraisers Can Help Take Guesswork Out of Property Tax Appeals
As many U.S. homeowners begin receiving their property tax bills, the Appraisal Institute today offered suggestions to potentially make the tax appeal process easier, such as working with...
Fannie Mae: Appraisals No Longer the ‘Default Requirement’
Fannie Mae on March 1 updated its Selling Guide to include a range of options for property valuations as the government-sponsored enterprise moves away from suggesting that an appraisal is a “default requirement.”
AI Board of Directors Adopts Two 45-Day Notice Items During February Meeting
The Appraisal Institute Board of Directors voted to adopt two 45-Day Notice items during its Feb. 22-23 meeting in San Antonio, Texas.
Nominations for 2024 Appraisal Institute Vice President Due Feb. 7
The Appraisal Institute is seeking the names of AI professionals interested in serving as the organization’s 2024 vice president.
Craig Steinley to Become President of Appraisal Institute on Jan. 1
Craig Steinley, MAI, SRA, AI-GRS, AI-RRS, of Rapid City, South Dakota, will begin his one-year term as president of the Appraisal Institute on Jan. 1.
Appraisal Institute Announces Resignation of CEO Jim Amorin
The Appraisal Institute announced today that CEO Jim Amorin, MAI, SRA, AI-GRS, will resign effective Feb. 14, 2023. He will conclude five years of service as the organization’s CEO and is moving on to pursue other opportunities.
AI Board of Directors Adopts 45-Day Notice Item During November Meeting
The Appraisal Institute Board of Directors voted to adopt one 45-Day Notice item during its Nov. 10-11 meeting in Chicago.
Ranch Properties are Grabbing the Spotlight, Appraisers Need to Understand the Land: Valuation Magazine
Whether they’re meant as rural retreats or working agricultural operations, ranch properties of all shapes and sizes are in high demand.
Appraisal Institute Tells Homeowners How to Prepare for an Appraiser's Visit
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, is encouraging homeowners to be prepared when an appraiser visits.
Appraisal Institute Offers Numerous Opportunities for Aspiring Appraisers
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, is seeking new faces and encourages recent graduates and aspiring appraisers to consider a career in the valuation profession.
New Appraisal Institute Book Shares Advice for Appraisers in Real Estate Arbitration
Arbitration is increasingly seen as an efficient and cost-effective alternative to litigation, and valuation professionals are often called on to serve as...
Appraisal Institute Reinstated as Sponsor of The Appraisal Foundation
The Appraisal Foundation today announced the Board of Trustees voted to reinstate the Appraisal Institute as an Appraisal Sponsor of The Appraisal Foundation.
Pledger M. (Jody) Bishop III to Become President of Appraisal Institute on Jan. 1
Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, of Mt. Pleasant, South Carolina, will begin his one-year term as president of the Appraisal Institute on Jan. 1.
Winterize Your Home Now, Not Later, Says Appraisal Institute
The nation’s largest professional association of real estate appraisers today advised homeowners that it’s beneficial to winterize their properties sooner, rather than later.
As Urban Areas Experience Strong Multifamily Demand, the Sector is Expanding to the Suburbs and Beyond: Valuation Magazine
With most urban areas experiencing positive rent growth and strong demand, the multifamily sector is now seeing expansion...
National Park Concessions Impact Appraised Value: The Appraisal Journal
The National Park Service’s concession program and its various attempts to compensate concessioners for the value of physical improvements put in place during the tenure...
New Appraisal Institute Book Explores Valuation of Restaurants
The restaurant business can be tricky, and while owners and operators of those establishments know the associated risks, appraisers also need to be aware how these factors impact real property value.