Appraisal Institute News

Quality Data Crucial for Residential Appraisal Assignments: The Appraisal Journal

Accurate data is key for appraisers to ensure timely, accurate market analysis especially in times when markets are in flux, according to an article published this week in The Appraisal Journal.

Aug 11, 2022 08:30 AM

Hybrid Appraisals Can Offer New Opportunities for Appraisers: The Appraisal Journal

Appraisers should be prepared with the knowledge necessary to meet the demand for bifurcated or hybrid appraisals, according to an article published this week in The Appraisal Journal.

Jul 26, 2022 08:30 AM

Rapid Growth and Influx of New Residents Pushes Austin Affordability to the Limit: Valuation Magazine

The Mountain West states are seeing a surge of new residents — and home prices are skyrocketing. Find out how some of the most popular areas are handling the influx and the challenges to their economies and lifestyles in the second quarter 2022 issue of Valuation magazine.

May 24, 2022 08:30 AM

New Appraisal Institute Book Explores Solutions to Complex Land Valuation Issues

Appraisers encounter many situations in which the value of land must be estimated, and some of these situations can present complex challenges, according to a book published by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Feb 18, 2022 08:30 AM

Get Ahead of Important Home Renovation Projects in 2022, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to focus on energy-efficient, safety-oriented and work-accessible improvement projects when seeking to potentially improve their property’s value.

Feb 08, 2022 08:30 AM

Increase Your Chances of Successful Property Tax Appeals, Says Appraisal Institute

Highly qualified appraisers are able to assist homeowners with appeals of property taxes, which can be among a homeowner’s largest annual expenses. Working with an Appraisal Institute Designated Member can benefit homeowners who choose to appeal their property tax assessments, the nation’s largest professional association of real estate appraisers said today.

Jan 28, 2022 08:30 AM

Appraisal Institute Leadership to Tackle Challenges with Strategic Mindset: Valuation Magazine

The Appraisal Institute’s 2022 executive team is tackling critical issues facing the valuation profession — and they’re doing so with optimism and excitement.

Jan 20, 2022 08:00 AM

New Appraisal Institute Dictionary Updated to Advance Appraisers’ Knowledge

“The Dictionary of Real Estate Appraisal,” seventh edition, published this week by the Appraisal Institute, is a landmark text that reflects the depth and breadth of appraisal knowledge. Each entry, definition and reference has been painstakingly researched and designed to express an expert understanding of issues that currently impact the profession.

Jan 07, 2022 08:30 AM

Restaurant Valuation Requires Diligent Highest and Best Use Analysis: The Appraisal Journal

Appraisers who value restaurant properties should fully understand the opportunities and risks inherent in restaurant operations and how these factors affect real property value, according to an article published this week in The Appraisal Journal.

Dec 28, 2021 08:00 AM

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.

Nov 18, 2021 01:05 PM

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.

Oct 28, 2021 08:30 AM

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 to the suburbs and beyond, according to an article in Valuation magazine’s third quarter 2021 issue.

Oct 19, 2021 08:30 AM

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 of a concession contract can impact valuation, according to an article published this week in The Appraisal Journal.

Oct 05, 2021 08:30 AM

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, according to a book published by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Aug 13, 2021 08:30 AM

Sandra Adomatis Elected 2022 Appraisal Institute Vice President

Sandra K. Adomatis, SRA, of Punta Gorda, Florida, was elected 2022 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors during the Board’s meeting in Orlando, Florida.

Aug 10, 2021 02:30 PM

Appraisal Institute Honors 20 National Award Winners

J. Scott Robinson, MAI, SRA, AI-GRS, AI-RRS, of Salisbury, North Carolina (posthumously); Arlen C. Mills, MAI, SRA, SRPA, of Sonoma, California; Terrell R. Oetzel, MAI, of East Lansing, Michigan; and Jim Amorin, MAI, SRA, AI-GRS, of Chicago, were honored Tuesday with the Appraisal Institute’s Lifetime Achievement Award during the Appraisal Institute Annual Conference in Orlando, Florida.

Aug 10, 2021 08:00 AM

Chase Commits $3 Million to Appraiser Diversity Initiative

The Appraisal Institute, Fannie Mae and Freddie Mac today announced that Chase has made a $3 million commitment to the Appraiser Diversity Initiative. In addition to the Chase commitment, Freddie Mac has joined the Appraiser Diversity Initiative as a core partner, providing additional resources and adviser support.

Apr 13, 2021 08:30 AM

Energy-proficient Appraisers Could Thrive in New Green Economy: The Appraisal Journal

Real estate appraisers conversant in energy parlance could be crucial as the Biden administration’s focus on climate change and green energy solutions provides a boost to the renewable energy industry, according to an article published this week in The Appraisal Journal.

Jan 07, 2021 08:30 AM

Steps in Highest and Best Use Analysis Determine Use With Highest Present Value: The Appraisal Journal

“The Appraisal of Real Estate,” is the premier presentation of the Appraisal Institute’s body of knowledge and the newly released 15th edition of this text is the subject of special coverage in the latest issue of The Appraisal Journal. “The Appraisal of Real Estate,” 15th edition, is respected internationally for its comprehensive and in-depth treatment of valuation theory and methodology in real property valuation.

Nov 24, 2020 08:05 AM

Winterize Your Home Now, Appraisal Institute Says

The nation’s largest professional association of real estate appraisers today advised homeowners that it’s beneficial to winterize their homes soon, before winter weather takes hold.

Sep 10, 2020 08:00 AM

Appraisal Institute Seeks to Expand Diversity, Combat Alleged Bias in Valuation

As our nation continues reflecting on important matters of racial justice, the nation’s largest professional association of real estate appraisers today reiterated its efforts to expand opportunities for aspiring appraisers and help combat alleged bias in valuation.

Mar 10, 2020 08:00 AM

Hire an Appraiser to Help Choose Home Renovations: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to choose their renovations wisely to maximize potential return on investment.

Mar 05, 2020 08:00 AM

Brain Activity Expert to Keynote Appraisal Institute Annual Conference

The nation’s largest professional association of real estate appraisers today announced that Scott Halford – a best-selling author, educator of businesspeople worldwide and national Speaker Hall of Fame inductee – will be the keynote speaker at the 2020 Appraisal Institute Annual Conference in Orlando, Florida.

Feb 18, 2020 08:00 AM

Residential Appraisers Play Key Role in Real Estate, New Book Says

Residential real estate appraisers need education, knowledge and experience to perform their valuation assignments competently, according to a book published today by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Feb 11, 2020 08:00 AM

Appraisers are Valuable Resource in Property Tax Appeals, Appraisal Institute Says

When appealing their property taxes – which can be among their largest annual expenses – homeowners should consider hiring an experienced local appraiser who can help navigate the process, the nation’s largest professional association of real estate appraisers said today.

Jan 30, 2020 10:51 AM

Appraisal Institute Pushes to Improve Regulatory Climate: Valuation Magazine

The Appraisal Institute is pushing to improve the regulatory climate for real estate appraisers and to educate policymakers on the importance of sound appraisal practices, according to an article in Valuation magazine’s fourth quarter 2019 issue.

Jan 21, 2020 08:00 AM

Appraisal Institute Seeks to Expand Valuation Profession Leadership in 2020

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced that the organization will seek in 2020 to expand its leadership of the valuation profession and to enhance its reputation among stakeholders.

Jan 02, 2020 08:00 AM

National Statistics and Trends Can Augment Local Multifamily Appraisals: The Appraisal Journal

Opinions of value can recognize both local and national indicators when appraisers value multifamily rental properties, according to an article published this week in The Appraisal Journal.

Dec 19, 2019 08:00 AM

Jefferson Sherman to Become President of Appraisal Institute on Jan. 1

Jefferson L. Sherman, MAI, AI-GRS, of Highland Heights, Ohio, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 18,000 professionals in almost 50 countries.

Nov 14, 2019 08:00 AM

Appraisal Institute Premieres Solar Photovoltaic Seminar

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a four-hour classroom seminar on developing the value of solar photovoltaic systems today in Chicago.

Nov 05, 2019 08:00 AM

Appraisal Institute Seeks Speakers for 2020 Annual Conference

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, is accepting proposals for presentations at its 2020 Annual Conference, Aug. 3-5, at the JW Marriott in Orlando, Florida. The deadline is 5 p.m. CST Nov. 25.

Oct 24, 2019 08:00 AM

Appraisers Provide a Wide Variety of Services, Appraisal Institute Says

Hiring a Designated Member of the Appraisal Institute can provide a broad range of benefits to commercial and residential clients, the president of the nation’s largest professional association of real estate appraisers said today.

Oct 22, 2019 11:05 AM

Distribution Facilities Drive Growth in Industrial Market: Valuation Magazine

Demand for distribution facilities is primarily driving growth in the healthy industrial real estate market, according to an article in Valuation magazine’s third quarter 2019 issue.

Oct 15, 2019 08:00 AM

Wide Range of Big-Box Values Raises Concerns: The Appraisal Journal

Courts, market participants and valuation professionals have expressed widespread concern about the broad range in real estate values presented by opposing litigation experts regarding single-tenant, big-box properties, according to an article published this week in The Appraisal Journal.

Sep 20, 2019 08:00 AM

Appraisal Institute Praises House for Passing Valuation-Related Bills

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today applauded the U.S. House for passing consumer-friendly legislation that will address long-standing concerns surrounding residential appraisals.

Sep 17, 2019 08:00 AM

Don’t Like Your Home’s Appraisal? Here’s What You Can Do

Buyers and sellers who are concerned about a home’s appraisal have options available to them, the president of the nation’s largest professional association of real estate appraisers said today.

Sep 09, 2019 08:00 AM

Appraisers Can Help Clients Navigate Natural Disasters, Appraisal Institute Says

In the aftermath of a natural disaster, such as a hurricane, appraisers can help their clients by providing expert market analysis, according to the nation’s largest professional association of real estate appraisers.

Aug 27, 2019 08:00 AM

Appraisal Institute, Fannie Mae Join Forces to Foster Diversity in Valuation Profession

The Appraisal Institute is partnering with Fannie Mae to promote appraisal careers and to foster diversity in the valuation profession, the nation’s largest professional association of real estate appraisers announced today.

Aug 23, 2019 08:00 AM

Appraisal Institute Debuts Artificial Intelligence Seminar

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, debuted a four-hour classroom seminar on artificial intelligence, automated valuation models and blockchain today in Denver.

Jul 29, 2019 08:00 AM

Jody Bishop Elected 2020 Appraisal Institute Vice President

Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, of Mount Pleasant, South Carolina, was elected 2020 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Denver.

Jul 25, 2019 08:00 AM

Appraisal Institute Honors 11 National Award Winners

Stephen D. Roach, MAI, SRA, AI-GRS, of San Diego, was honored Wednesday with the Appraisal Institute’s Lifetime Achievement Award during the Appraisal Institute Annual Conference in Denver.

Jul 22, 2019 11:34 AM

Appraisal Institute Opens Valuation Profession’s Premier Event

More than 525 real estate professionals from around the world today attended the opening session of the valuation profession’s most important annual event, hosted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Jul 18, 2019 10:56 AM

Appraisal Institute Condemns NCUA’s Action, Calls for Congressional Oversight

The nation’s largest professional association of real estate appraisers vigorously condemned today’s action by the National Credit Union Administration, calling the NCUA’s decision to effectively reduce the number of appraisals required for commercial real estate loans irresponsible, radical and dangerous.

Jul 09, 2019 08:00 AM

Valuing Timeshares Requires Special Care: The Appraisal Journal

Special care must be taken to understand the timeshare interest and the competitive market in which that interest would sell, according to an article published this week in The Appraisal Journal that explores key issues facing appraisers when valuing timeshares.

Jul 02, 2019 08:00 AM

Appraisers Expect Shift in Hospitality Market: Valuation Magazine

The nation’s hospitality sector has enjoyed a decade-long hot streak, but is a correction on the way? Appraisers discuss what’s happening in this challenging market in Valuation magazine’s second quarter 2019 issue.

Jun 20, 2019 01:09 PM

Appraisal Institute Urges Congress to Address Valuation Issues

The president of the Appraisal Institute, the nation’s largest professional association of real estate appraisers, encouraged Congress to act on valuation topics during today’s hearing on Capitol Hill.

Jun 20, 2019 08:00 AM

Appraisal Institute Urges Congress to Address Valuation Issues

The president of the Appraisal Institute, the nation’s largest professional association of real estate appraisers, encouraged Congress to act on valuation topics during today’s hearing on Capitol Hill.

May 29, 2019 08:00 AM

Low-cost Landscaping Can Be a Wise Investment: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to consider basic landscaping improvements that can generate a major return on investment when reselling the property.

May 23, 2019 08:00 AM

Valuation Career Opportunities Abound, Appraisal Institute Tells Graduates

As the number of real estate appraisers has decreased in recent years, rewarding career opportunities have opened for recent graduates, according to the nation’s largest professional association of real estate appraisers.

May 08, 2019 10:04 AM

Complex Residential Properties Offer Challenges to Appraisers, New Book Finds

Only by properly identifying and investigating the unique characteristics of condos, co-ops and planned unit developments can appraisers properly value these common but complicated residential properties, according to a new book published by the Appraisal Institute.

Apr 24, 2019 08:00 AM

Exterior Home Renovations Offer Greatest Value: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to focus on outdoor improvement projects when seeking to improve their home’s value.

Apr 16, 2019 08:00 AM

Appraisal Institute, Freddie Mac Unveil New Valuation Course on Manufactured Homes

As part of their recently announced collaboration, the Appraisal Institute and Freddie Mac unveiled a new educational offering today in Dallas that is designed to teach appraisers the latest skills on how to value manufactured homes.

Apr 11, 2019 08:00 AM

In-Depth Scrutiny of Published Data Improves Property Market Understanding: The Appraisal Journal

A detailed analysis of population and employment data, along with the use of fair share comparisons, increases the accuracy of assumptions made by appraisers when completing commercial valuation assignments, according to a study published this week in The Appraisal Journal.

Apr 02, 2019 08:00 AM

Appraisers Adapt to Evolving Residential Market: Valuation Magazine

Appraisers working in the residential real estate sector say national trends broadly apply to their markets, but they note that since each region essentially is local, they need to adapt to ever-changing area dynamics, according to an article in Valuation magazine’s first quarter 2019 issue.

Mar 25, 2019 08:00 AM

Appraisal Institute Opens Registration for 2019 Annual Conference

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has opened registration for its 2019 Annual Conference, July 22-24, in Denver.

Mar 22, 2019 08:00 AM

Appraisal Institute Debuts Rural Valuation Seminar

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, debuted a seven-hour classroom seminar on rural valuation issues today in Nashville, Tennessee.

Mar 06, 2019 11:00 AM

Appraisal Institute and Freddie Mac to Teach Valuation of Manufactured Homes

The Appraisal Institute and Freddie Mac today announced a partnership targeted to help real estate appraisers when valuing manufactured housing, meeting an important need for homebuyers, lenders, appraisers and homebuilders.

Feb 27, 2019 08:00 AM

New Appraisal Institute Book Addresses Corridor Valuation

Appraising energy and transportation corridors presents special challenges for real property valuation professionals, according to a new book published by the Appraisal Institute, the Appraisal Institute of Canada and the International Right of Way Association.

Feb 22, 2019 08:00 AM

Appraisal Institute Premieres Leasehold Valuation Seminar

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a seven-hour classroom seminar on leasehold valuation issues today in Emeryville, California.

Feb 14, 2019 08:00 AM

Qualified Appraisers Key to Property Tax Appeals, Appraisal Institute Says

Working with an Appraisal Institute Designated Member can benefit homeowners who choose to appeal their property tax assessments, the nation’s largest professional association of real estate appraisers said today.

Jan 10, 2019 08:00 AM

Appraisal Institute to Enhance Focus on Residential Appraisers in 2019: Valuation Magazine

As residential appraisers face new concerns, the Appraisal Institute continues spending significant time and resources on the issues and challenges impacting valuation professionals, according to an article in Valuation magazine’s fourth quarter 2018 issue.

Dec 27, 2018 08:13 AM

Stephen Wagner to Become President of Appraisal Institute on Jan. 1

Stephen S. Wagner, MAI, SRA, AI-GRS, of West Lafayette, Indiana, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with more than 18,000 professionals in nearly 50 countries.

Dec 13, 2018 08:00 AM

Current Use is Key Factor for Retail Valuation in the Age of Amazon: The Appraisal Journal

Financial statements should be used when appraising retail properties to determine the “durability of the current use” as Amazon and e-commerce threaten brick and mortar retail sales, according to a study published this week in The Appraisal Journal.

Dec 04, 2018 10:09 AM

Appraisal Institute Joins 17 Groups Opposing Credit Union Administration’s Proposed Action

The nation’s largest professional association of real estate appraisers joined 17 other organizations Monday in saying it “strongly opposed” the National Credit Union Administration’s plan to reduce the number of non-residential real estate loans requiring appraisals.

Nov 13, 2018 08:00 AM

Appraisal Institute Seeks Speakers for 2019 Annual Conference

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, is accepting proposals for presentations at its 2019 Annual Conference, July 22-24, at the Hyatt Regency Denver. The deadline is 5 p.m. CST Dec. 3.

Nov 08, 2018 08:00 AM

Now Is the Time to Winterize Homes, Appraisal Institute Says

How should you prepare your home for winter? When should you begin? To increase the chances of improving your home’s value, ask a real estate appraiser before starting.

Oct 30, 2018 08:00 AM

New Appraisal Institute Book Examines Condemned Properties

Appraisers who value properties subject to eminent domain are likely to find themselves in court, explaining and defending their analysis and opinions, according to a new book published by the Appraisal Institute.

Oct 24, 2018 08:00 AM

Coastal Appraisers Soon to Face Rising Sea Levels: Valuation Magazine

The effects of rising sea levels are becoming increasingly real to coastal communities and property owners, with homes and commercial properties valued at more than $1 trillion potentially at risk from rising waters by 2100, according to an article in Valuation magazine’s third quarter 2018 issue.

Oct 16, 2018 08:00 AM

Highest and Best Use Analysis Key to Retail Valuation: The Appraisal Journal

The highest and best use analysis should dictate the methods and approaches applied in valuation analysis, according to a study published this week in The Appraisal Journal.

Oct 04, 2018 08:00 AM

‘Green’ Home Improvements Can Pay Off: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged home sellers to consider making energy-efficient improvements to their properties and urged potential buyers to seek homes with those features.

Sep 25, 2018 08:00 AM

Appraisal Institute Opposes Bills Raising Thresholds for SBA Loans

Citing significant risks to taxpayers, the Appraisal Institute on Monday urged the U.S. House of Representatives to turn back legislation that would virtually eliminate appraisal requirements for the Small Business Administration’s two largest loan programs. Votes on two related bills are expected today in the full House.

Sep 11, 2018 08:00 AM

Appraisal Institute Unveils Property Use Classification System

The nation’s largest professional association of real estate appraisers today unveiled an information system that classifies and describes property uses and assists real estate analysts and others with their property use data storage and analysis.

Aug 21, 2018 12:00 PM

Jim Amorin Named Appraisal Institute CEO

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has hired Jim Amorin, MAI, SRA, AI-GRS, of Austin, Texas, as its chief executive officer after a nearly year-long search.

Aug 03, 2018 09:22 AM

Rodman Schley Elected 2019 Appraisal Institute Vice President

Rodman Schley, MAI, SRA, of Denver, was elected 2019 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Nashville, Tennessee.

Aug 01, 2018 08:00 AM

Appraisal Institute Honors 13 National Award Winners

Craig M. Harrington, SRA, AI-RRS, of Prior Lake, Minnesota; and Leslie P. Sellers, MAI, SRA, AI-GRS, of Clinton, Tennessee, were honored Tuesday with the Appraisal Institute’s Lifetime Achievement Award and Timothy P. Runde, MAI, of San Francisco, was named the recipient of the Outstanding Service Award during the Appraisal Institute Annual Conference in Nashville, Tennessee.

Jul 30, 2018 11:16 AM

Appraisal Institute Opens Valuation Profession’s Premier Event

More than 550 real estate professionals from around the world today attended the opening session of the valuation profession’s most important annual event, hosted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Jul 20, 2018 10:44 AM

Appraisal Institute Opposes Effort to Reduce Risk Management for SBA Loans

The nation’s largest professional association of real estate appraisers today announced its opposition to proposed federal legislation that would reduce the requirements for appraisals in major Small Business Administration loan programs.

Jul 13, 2018 08:00 AM

Appraisal Institute Joins 29 Groups to Promote Real Estate Careers

The Appraisal Institute joined 29 real estate industry organizations, representing more than 10 million jobs, today in announcing a ground-breaking collaboration to highlight the diverse career paths within the real estate sector.

Jul 12, 2018 08:00 AM

Appraisers Play Distinct Roles in Arbitration: The Appraisal Journal

Alternative dispute resolution – including negotiation, mediation and arbitration – is a growing area in need of skilled real estate valuation professionals, according to a study published this week in The Appraisal Journal.

Jul 05, 2018 08:00 AM

Appraisers Face Unique Challenges in Hawaii: Valuation Magazine

Hawaii’s climate and landscape are keeping the state’s property values high and are contributing to its developmental and economic growth, according to an article in Valuation magazine’s second quarter 2018 issue.

Jun 19, 2018 08:00 AM

Appraisal Institute Releases Guide to Residential Green Addendum

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today released a guide to complete and use the organization’s “Residential Green and Energy Efficient Addendum.”

Jun 11, 2018 12:00 PM

New Appraisal Institute Book Examines Changes in Real Estate Market

When market volatility creates problems, real estate appraisers must develop a deeper understanding of the valuation process and a greater ability to handle a wide variety of assignments, according to a new book published by the Appraisal Institute.

May 15, 2018 08:00 AM

Landscaping Can Significantly Impact Home Values, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to pay close attention to their property’s landscaping as it could have a major impact on value.

Apr 26, 2018 08:00 AM

Co-working Spaces Changing Office Real Estate: Valuation Magazine

Co-working spaces are significantly impacting the U.S. office real estate market, but it’s unclear if the explosive growth they’ve experienced since the Great Recession signals a market disruption or a passing trend, according to an article in Valuation magazine’s first quarter 2018 issue.

Apr 13, 2018 08:00 AM

Home Values Rebound from Oil Spills: The Appraisal Journal

Home values in Golden Beach, Maryland, near an April 2000 oil spill dropped in the short term, but rebounded after two years, according to a study published this week in The Appraisal Journal.

Apr 03, 2018 10:55 AM

New Appraisal Institute Book Examines Appraisers’ Role in Arbitration

Valuation professionals can serve as arbitrators, expert witnesses or consultants during the arbitration process and can provide valuable input from the preliminary hearing to final award, according to a new book published by the Appraisal Institute.

Mar 26, 2018 08:00 AM

Appraisal Institute Opens Registration for 2018 Annual Conference

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced that registration is open for its 2018 Annual Conference, July 30-Aug. 1, in Nashville, Tennessee.

Mar 20, 2018 08:00 AM

Outdoor Home Improvements Provide Greatest Value: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to prioritize outdoor renovation projects when seeking to increase their potential return on investment.

Mar 13, 2018 11:46 AM

Appraisal Institute Leads 34 Groups in Advancing Changes to Bank Regulation Bill

The nation’s largest professional association of real estate appraisers today led nearly three dozen valuation organizations in applauding revisions to a bipartisan Senate bill that would roll back many post-financial-crisis banking rules found in the Dodd-Frank Act.

Feb 28, 2018 08:00 AM

Appraisers Key to Property Tax Appeals, Appraisal Institute Says

Highly qualified appraisers are able to assist homeowners with appeals of property taxes, which can be a homeowner’s largest annual expense, the nation’s largest professional association of real estate appraisers said today.

Jan 04, 2018 08:00 AM

Appraisal Institute Officers Outline 2018 Plans: Valuation Magazine

The Appraisal Institute's 2018 elected officers discuss the opportunities and challenges facing the real estate valuation profession – and their plans to address these issues – in a wide-ranging article published in Valuation magazine’s fourth quarter 2017 issue.

Dec 28, 2017 08:00 AM

Jim Murrett to Become President of Appraisal Institute on Jan. 1

James L. Murrett, MAI, SRA, of Hamburg, New York, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 19,000 professionals in almost 60 countries.

Dec 21, 2017 12:35 PM

New Appraisal Institute Book Addresses Subdivision Valuation Practices

Subdivision analysis is a challenging area of appraisal practice because of the complex timeline concepts and value estimates involved, according to a new book published by the Appraisal Institute.

Dec 20, 2017 08:00 AM

Valuing Flood-prone Buildings Poses Challenges: The Appraisal Journal

Remodel and repair of structures along coastlines and in flood zones requires valuation professionals to have extensive knowledge, according to an article published this week in The Appraisal Journal.

Nov 17, 2017 08:00 AM

Appraisal Institute Seeks Presentation Proposals for 2018 Annual Conference

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, is accepting proposals by Dec. 1 – just two weeks away – for presentations at the organization’s 2018 Annual Conference, July 30-Aug. 1, at the JW Marriott in Nashville, Tennessee.

Nov 10, 2017 08:00 AM

Appraisal Institute Premieres Land Valuation Seminar

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a seven-hour educational seminar on land valuation issues today in Chicago.

Nov 06, 2017 08:00 AM

Appraisal Institute Unveils 'Green' Commercial Valuation Course

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a two-day educational course on valuation of green commercial properties last week in Nashville, Tennessee.

Oct 31, 2017 08:00 AM

Homeowners Should Winterize Now, Appraisal Institute Says

The nation’s largest professional association of real estate appraisers today advised homeowners to winterize their properties now for cold weather ahead to improve comfort, reduce costs and potentially increase value.

Oct 17, 2017 08:00 AM

Don’t Like Your Home’s Appraisal? Here’s What You Can Do

If consumers are unhappy with the appraisal of a home they’re buying or selling, they have options available to them, the president of the nation’s largest professional association of real estate appraisers said today.

Sep 26, 2017 08:00 AM

New Transportation Options Could Reshape Real Estate: Valuation

Innovations in transportation, like electric cars and “on demand” options, could significantly impact the valuation of real estate in the future, according to an article in Valuation magazine’s third quarter 2017 issue.

Sep 21, 2017 08:00 AM

Overhead Lines Have Little Impact on Property Values: The Appraisal Journal

Despite negative public perception, high-voltage overhead transmission lines have little impact on nearby property values, according to an article published this week in The Appraisal Journal.

Sep 07, 2017 08:00 AM

Appraisal Institute Joins 35 Groups Seeking to Halt Appraisal Waivers

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, on Wednesday joined with nearly three dozen appraiser organizations in asking Congress to call on the Federal Housing Finance Agency to prevent Freddie Mac and Fannie Mae from issuing appraisal waivers.

Aug 25, 2017 03:24 PM

Appraisal Institute Accepts CEO’s Resignation

The Board of Directors of the nation’s largest professional association of real estate appraisers accepted the resignation of Chief Executive Officer Frederick H. Grubbe, MBA, CAE, on Thursday after more than 10 years of service.

Aug 25, 2017 08:00 AM

Jeff Sherman Elected 2018 Appraisal Institute Vice President

Jefferson L. Sherman, MAI, AI-GRS, of Highland Heights, Ohio, was elected 2018 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Chicago.

Aug 09, 2017 08:00 AM

Appraisal Institute Book Helps Value ‘Green’ Commercial Real Estate

Commercial real estate valuation professionals must master a new set of terminology and concepts to identify and understand “green” property characteristics and to recognize their effects on market demand and value, according to a new book published by the Appraisal Institute.

Jul 12, 2017 08:00 AM

Valuation Professional Receives Unique Honor from Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has – for the first time – bestowed its residential review designation to a previously non-Designated member.

Jun 29, 2017 08:00 AM

Evolving Retail Landscape Challenges Appraisers: Valuation Magazine

As retailers quickly evolve to stay competitive with ecommerce, appraisers should understand how these changes can affect the valuation of retail properties, according to an article published in Valuation magazine’s second quarter 2017 issue.

Jun 27, 2017 11:15 AM

Cart Paths Can Devalue Golf Course Condos: The Appraisal Journal

Golf course condominiums located near cart paths – especially those close to tee boxes and putting greens – can sell for lower prices than other golf course condos, according to an article published this week in The Appraisal Journal.

Jun 12, 2017 08:00 AM

Appraisal Institute Honors 14 National Award Winners

William T. Anglyn, MAI, of Marietta, Georgia; and Donald S. Boucher Sr., SRA, of Orange, Virginia, were honored Saturday with the Appraisal Institute’s Lifetime Achievement Award and Woody R. Fincham, SRA, AI-RRS, of Charlottesville, Virginia, was named the recipient of the Outstanding Service Award during the International Valuation Conference in Ottawa, Ontario.

Jun 09, 2017 08:00 AM

Appraisers from around World Gather in Ottawa for International Valuation Conference

More than 600 appraisers from around the world assembled yesterday in the capital city of Canada for one of the largest networking and professional development opportunities within the real estate valuation profession.

May 16, 2017 08:00 AM

Appraisal Institute Improves Tool to Aid Valuation of ‘Green’ Home Features

The nation’s largest professional association of real estate appraisers today released an updated research tool to assist appraisers and users of appraisal services in understanding market reactions to green and energy efficient homes.

May 11, 2017 08:00 AM

Low-cost Landscaping Can Boost Home Values: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today reminded homeowners that inexpensive landscaping improvements can add to home values and help increase salability.

Apr 26, 2017 08:00 AM

Appraisal Institute Supports Bill Enhancing Consumer Protections for PACE Loans

The Appraisal Institute joined more than two dozen other real estate organizations Monday in expressing support for federal legislation that would enhance consumer protection requirements for Property Assessed Clean Energy loans, known as PACE loans.

Apr 18, 2017 08:00 AM

Lower-cost Home Renovations Offer Best Value: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advocated that homeowners pursue smaller-scale renovation projects in order to maximize their potential return on investment.

Apr 06, 2017 08:00 AM

New Appraisal Institute Book Addresses Challenges of Valuing Mobile Homes

The popularity of mobile homes and recreational vehicles will continue to grow as manufacturers offer new design concepts and aging baby boomers look for affordable housing and travel options, according to a new book by the Appraisal Institute.

Apr 04, 2017 01:58 PM

Appraiser Independence Critical to Veterans’ Home Loans, Appraisal Institute Tells Congress

The nation’s largest professional association of real estate appraisers today urged Congress to protect the independence of real estate appraisers in the federal program that provides housing loans to military veterans. The Appraisal Institute testified at a Congressional subcommittee hearing on Capitol Hill.

Mar 28, 2017 08:00 AM

Fracking Can Help, Harm Real Estate Values: The Appraisal Journal

Hydraulic fracturing, or fracking, could make land more valuable due to mineral interests, but environmental concerns could negatively affect land values, according to an article published this week in The Appraisal Journal.

Mar 21, 2017 02:12 PM

Appraisal Institute Urges Caution on Appraisal Thresholds

The nation’s largest professional association of real estate appraisers today cautioned federal regulators over increasing the transaction values requiring an appraisal, also known as the appraisal threshold.

Mar 21, 2017 08:00 AM

Millennials Driving Multifamily Sector Boom: Valuation Magazine

Millennials have postponed home buying and are now in their peak renting years, creating a demand for multifamily properties that has pushed the sector to record-growth levels with no sign of slowing, according to an article published in Valuation magazine’s first quarter 2017 issue.

Mar 14, 2017 08:00 AM

Documentation is Key to Tax Appeals, Appraisal Institute Says

Homeowners considering a property tax appeal can make the process less burdensome by preparing themselves with the proper documentation, the nation’s largest professional association of real estate appraisers said today.

Feb 21, 2017 08:00 AM

Registration Opens for 2017 International Valuation Conference

Registration is now open for the 2017 International Valuation Conference, co-hosted by the Appraisal Institute and the Appraisal Institute of Canada, on June 8-11 in Ottawa, Ontario. It is the first event the two organizations have co-hosted in 13 years.

Feb 08, 2017 08:00 AM

New Appraisal Institute Book Enhances Understanding of Rural Property Valuation

The American landscape is changing and rural communities are changing as well, yet there is a void in the current literature of rural property appraisal, according to a new book by the Appraisal Institute.

Jan 26, 2017 08:00 AM

Appraisal Institute’s New Guidance Outlines Appraisers’ Role in Arbitration

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, published guidance today to help appraisers understand their role when retained in an arbitration.

Jan 06, 2017 08:00 AM

Appraisal Institute Outlines 2017 Plans: Valuation Magazine

The Appraisal Institute has the plans and momentum to address opportunities and challenges facing the real estate valuation profession, the organization’s 2017 elected officers said in an article published in Valuation magazine’s Fourth Quarter 2016 issue.

Dec 29, 2016 08:00 AM

Jim Amorin to Become President of Appraisal Institute on Jan. 1

Jim Amorin, MAI, SRA, AI-GRS, of Austin, Texas, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 20,000 professionals in almost 60 countries.

Dec 20, 2016 08:00 AM

Sale Conditions Impact Office Building Prices: The Appraisal Journal

The context and conditions of sale transactions can impact office buildings’ sale prices, according to an article published this week in The Appraisal Journal.

Dec 12, 2016 08:45 AM

New Appraisal Institute Course Teaches Review Process

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today premiered a course to help appraisers work through all seven steps of the appraisal review process and apply them within a simulated, real-to-life assignment.

Nov 16, 2016 09:18 AM

Congress Hears Appraisal Institute’s Ideas to Modernize Regulation

The Appraisal Institute today told a Congressional hearing there is a “better, less-complicated approach” that would modernize the U.S. appraisal regulatory structure by improving quality, reducing costs and addressing fundamental concerns that drive appraisers from the profession.

Nov 01, 2016 08:00 AM

Appraisal Institute Concerned with Freddie Mac Policy Changes

Citing similarities to previous policies that “turned out to be disastrous for the entire economy,” the nation’s largest professional association of real estate appraisers today expressed “serious concerns” with changes to Freddie Mac’s Loan Advisor Suite.

Oct 26, 2016 08:00 AM

Appraisal Institute, European Group Sign Mutual Recognition Agreement

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has entered into a landmark agreement with The European Group of Valuers’ Associations, known as TEGoVA, to mutually recognize the professional excellence of each other’s standards, ethics and qualifications.

Oct 18, 2016 08:00 AM

Appraisal Institute Book Shares Methods for Valuing Golf Courses

More appraisers are valuing golf course properties and are bringing sophisticated new methodology to the market and appraisal practice, according to a new book by the Appraisal Institute.

Sep 27, 2016 08:00 AM

Transmission Lines Increase and Decrease Property Values: The Appraisal Journal

Property values are affected in both positive and negative ways by their proximity to transmission lines, according to an article published this week in The Appraisal Journal.

Sep 20, 2016 08:00 AM

Increased Spending on US Ports Expands Opportunities for Appraisers: Valuation Magazine

An increase in spending on U.S. ports to upgrade infrastructure and expand facilities has opened up numerous opportunities for valuation professionals, according to an article published in Valuation magazine’s third quarter 2016 issue.

Aug 17, 2016 09:10 AM

Appraisal Institute Joins 10 Associations Opposing Changes to PACE Loans

Citing “a host of serious consumer protection concerns,” the nation’s largest professional association of real estate appraisers joined 10 trade associations Tuesday to oppose recent changes to the federal government’s Property Assessed Clean Energy loans, known as PACE loans.

Aug 09, 2016 08:00 AM

Appraisal Institute Education Trust Honors 4 National Award Winners

Bradley R. Carter, MAI, of Atlanta, received the George L. Schmutz Award; Stephen D. Roach, MAI, SRA, AI-GRS, of San Diego, received the James H. Pritchett Award; Charles G. Dannis, MAI, SRA, of Dallas, received the Dr. William N. Kinnard Jr. Academic Award; and Byron E. Miller, SRA, AI-RRS, of Minneapolis, Minnesota, received the Y.T. and Louise Lee Lum Award from the Appraisal Institute Education Trust during the Appraisal Institute Annual Conference July 27 in Charlotte, North Carolina.

Jul 29, 2016 08:00 AM

Stephen Wagner Elected 2017 Appraisal Institute Vice President

Stephen S. Wagner, MAI, SRA, AI-GRS, of West Lafayette, Indiana, was elected 2017 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Charlotte, North Carolina. Wagner’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

Jul 28, 2016 12:00 PM

Appraisal Institute Honors 7 National Award Winners

Terry R. Dunkin, MAI, SRA, of Sparks, Maryland; M. Ralph Griffin, MAI, AI-GRS, of Spartanburg, South Carolina; and W. Calvin Reynolds, MAI, SRPA, SREA, SRA, of Winston-Salem, North Carolina, were honored with the Lifetime Achievement Award and Sandra K. Adomatis, SRA, of Punta Gorda, Florida, was named the recipient of the Outstanding Service Award during the Appraisal Institute Annual Conference Wednesday in Charlotte, North Carolina.

Jul 05, 2016 08:00 AM

Appraisal Institute Book Offers Guidance for Valuing ‘Damaged’ Properties

Real estate appraisers who analyze detrimental conditions should properly select and apply available tools, use relevant market data to support opinions and conclusions, and avoid unproven or suspect methodologies, according to a new book by the Appraisal Institute.

Jun 28, 2016 08:00 AM

Excess Rent Should Be Included in Property Valuation: The Appraisal Journal

Rent that is higher than the market rent for a property, known as excess rent, amounts to an intangible asset and should be specifically identified by real estate appraisers, according to an article published this week in The Appraisal Journal.

Jun 21, 2016 09:00 AM

US Government Outsources Nearly All Real Estate Appraisals: Valuation Magazine

Real estate appraisers seeking exciting and challenging assignments can look toward the U.S. government — the nation’s largest land owner — for valuation opportunities, according to an article published in Valuation magazine’s second quarter 2016 issue.

Jun 13, 2016 08:00 AM

Appraisal Institute, Appraisal Institute of Canada Announce Joint Annual Conference in 2017

The largest professional associations of real estate appraisers in the United States and Canada announced today that the two groups for the first time since 2004 will jointly host an annual conference in Ottawa, Ontario, in 2017.

May 20, 2016 08:00 AM

Appraisal Institute Unveils 2016-19 Strategic Plan

The nation’s largest professional association of real estate appraisers today announced a three-year strategic plan to address challenges and opportunities facing the organization and the real estate valuation profession.

May 04, 2016 11:31 AM

Appraisal Institute Joins Groups Calling on Congress to Address Appraisal Regulation

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, on Monday joined the American Bankers Association, the National Association of Home Builders, the National Association of Realtors and The Appraisal Foundation in calling on Congress to hold a hearing this year on the future of appraisal regulation.

May 03, 2016 08:00 AM

Landscaping a Major Contributor to Property Values, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today reminded homeowners that attractive landscaping can make a major contribution to a home’s value and can influence an owner’s ability to sell the property.

Apr 19, 2016 08:00 AM

Type of Home Renovation Key to Value: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to carefully choose renovation projects in order to maximize their return on investment.

Mar 29, 2016 08:00 AM

Solar Energy Systems Can Increase Home Values: The Appraisal Journal

Homes with host-owned solar photovoltaic systems are sold at a premium compared to homes without PV systems, according to a study reported in an article published this week in The Appraisal Journal.

Mar 16, 2016 08:00 AM

Experts Divided on Commercial Real Estate Market: Valuation Magazine

Valuation professionals and other experts disagree as to whether 2016 will be another banner year for commercial real estate, or if the market bubble is about to burst, according to an article published this week in Valuation magazine.

Mar 08, 2016 08:00 AM

Updated Appraisal Institute Book Addresses Evolving Scope of Work Concept

“Scope of Work,” second edition, published this week by the Appraisal Institute, assists appraisers in objectively and impartially performing an evolving variety of services.

Feb 23, 2016 08:00 AM

Appraisal Institute Heads to Charlotte for 2016 Annual Conference

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, announced today that its 2016 Annual Conference will take place July 25-27 in Charlotte, North Carolina. Registration opens March 2.

Feb 04, 2016 08:00 AM

Appraisal Institute, RESNET Agree to Coordinate Energy Efficiency Efforts

The nation’s largest professional association of real estate appraisers and a U.S. standards-setting body for energy efficiency rating and certification systems have agreed to work together to promote education, research and data standards.

Jan 29, 2016 08:00 AM

Appraisal Institute 2015 Media Coverage Seen Nearly 2 Billion Times

Media stories including the Appraisal Institute and its professionals in 2015 were potentially read, seen or heard nearly 2 billion times, the nation’s largest professional association of real estate appraisers announced today.

Jan 07, 2016 08:00 AM

New Appraisal Institute Book Says Architectural Elements Can Impact Home Values

Construction elements give residential architectural styles their unique quality, but also may affect a home’s value according to a new book from the nation’s largest professional association of real estate appraisers.

Dec 31, 2015 11:55 AM

Raising Appraisal Limits Could Hurt Consumers, Bank Appraisers Say

More than 80 percent of bank appraisers think reducing the number of loans requiring an appraisal could increase risk to borrowers, according to a survey of its professionals released today by the nation’s largest professional association of real estate appraisers.

Dec 30, 2015 08:00 AM

Scott Robinson to Become President of Appraisal Institute on Jan. 1

Scott Robinson, MAI, SRA, AI-GRS, of Salisbury, North Carolina, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 20,000 professionals in almost 60 countries.

Dec 16, 2015 08:00 AM

Appraisers Should Be Cautious of MLS Price Discrepancies: The Appraisal Journal

Prices reported in multiple listing services may differ significantly from prices reported on HUD-1 settlement statements and these discrepancies are likely to be larger during a market bust, according to an article published this week in The Appraisal Journal.

Nov 24, 2015 08:00 AM

Appraisal Institute, Building Codes Assistance Project Offer ‘Green’ Appraisal Guidance

The Appraisal Institute and the Building Codes Assistance Project today released guidance for homebuilders, buyers and lenders related to valuation of green and energy-efficient homes.

Nov 18, 2015 08:00 AM

New Appraisal Institute Seminar Offers FHA Guidance

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today launched a seminar to help appraisers develop a better understanding of the Federal Housing Administration’s new “FHA Handbook 4000.1.”

Nov 12, 2015 11:33 AM

Solar Energy Systems Boost Home Values, Says Appraisal Institute Member-Led Study

An Appraisal Institute member specializing in valuation of green homes has produced a study released today by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory that found homes with host-owned solar photovoltaic energy systems are sold at a premium compared to homes without PV systems.

Nov 03, 2015 08:00 AM

Time to Winterize is Now, Appraisal Institute Tells Homeowners

The nation’s largest professional association of real estate appraisers today encouraged consumers to winterize their homes now for cold weather ahead to increase comfort, save money and possibly increase value.

Oct 29, 2015 08:00 AM

Appraisal Institute Dictionary Updated to Enhance Appraisers’ Knowledge

“The Dictionary of Real Estate Appraisal,” sixth edition, published this week by the Appraisal Institute, includes more than 5,000 entries, 1,250 revised definitions and 450 new terms and has been updated for consistency with current professional standards documents and with Appraisal Institute materials.

Oct 27, 2015 08:00 AM

Appraisal Institute Bestows First Review Designation to Non-Designated Member

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has, for the first time, bestowed a review designation to a previously non-Designated member.

Oct 20, 2015 11:30 AM

Appraisal Institute Joins in Producing ‘Green’ Valuation Guide for Lenders

The Appraisal Institute, the Institute for Market Transformation and the District of Columbia’s Department of Energy and Environment today released a guide intended to help lenders understand the valuation of high-performance buildings.

Oct 14, 2015 08:00 AM

Appraisal Institute, Land Trust Alliance Agree to Promote Appraisals for Conservation Easements

The Appraisal Institute and the Land Trust Alliance today announced they will enhance cooperative efforts to promote the quality of appraisals prepared for conservation easements.

Sep 22, 2015 08:00 AM

Valuing Automobile Dealerships Brings Challenges: The Appraisal Journal

Appraisers tasked with valuing automobile dealerships are met with unique challenges for generating an opinion of value on this specialized property type, according to an article published this week in The Appraisal Journal.

Jul 31, 2015 08:00 AM

Jim Murrett Elected 2016 Appraisal Institute Vice President

James L. Murrett, MAI, SRA, of Hamburg, New York, was elected 2016 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Dallas. Murrett’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

Jul 30, 2015 10:00 AM

Appraisal Institute Honors 8 National Award Winners

John P. Fredrickson, MAI, SRA, of Walla Walla, Washington; Jerome Haims, MAI, SRA, of New York; and Richard A. Stephens, MAI, SRA, AI-GRS, of Little Rock, Arkansas, were honored with the Lifetime Achievement Award and Michael V. Tankersley, MAI, SRA, AI-RRS, of Lewisburg, Tennessee, was named the recipient of the Outstanding Service Award during the Appraisal Institute Annual Meeting Wednesday in Dallas.

Jun 30, 2015 08:00 AM

New Appraisal Institute Book Cites Unique Demands for Valuing Auto Dealerships

Auto dealerships are unique property types whose characteristics can make valuation fun but challenging, according to a new book from the nation’s largest professional association of real estate appraisers.

Jun 23, 2015 08:00 AM

Valuing Excess Land Creates Challenges for Appraisers: The Appraisal Journal

Appraisers tasked with valuing excess land are often met with unique challenges for developing opinions of the value for the unneeded tract, according to an article published this week in The Appraisal Journal.

Jun 02, 2015 08:00 AM

Appraisal Institute Aids U.S. Department of Energy on Home Energy Efficiency

The Appraisal Institute today announced it has joined the U.S. Department of Energy’s new Better Buildings Accelerator, which will convene leaders to focus on key solutions to expanding energy efficiency in the residential sector.

May 19, 2015 08:00 AM

Landscaping Can Drive Property Values, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to maintain their landscaping in order to potentially enhance their property’s value.

May 05, 2015 08:00 AM

Appraisal Institute Shares Property Tax Appeal Tips

Homeowners who are considering property tax appeals should be prepared with all the relevant information and be mindful of local rules, the nation’s largest professional association of real estate appraisers said today.

Apr 23, 2015 08:00 AM

New Appraisal Institute Book Addresses Evolving Role of Appraisal Review

Reviewing appraisals has become increasingly important in recent years with many appraisal reports being more closely scrutinized, according to a new book from the nation’s largest professional association of real estate appraisers.

Apr 14, 2015 08:00 AM

Appraisal Institute Expands ‘Green’ Education Offerings

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has extended its partnership with Build It Green, a California-based “green” building organization, enabling more valuation professionals to take relevant education courses.

Mar 31, 2015 08:00 AM

Lack of Data Complicates Valuation of Green Homes: The Appraisal Journal

Valuation professionals, real estate agents and homebuyers face challenges in the process of valuing, selling and purchasing green and energy-efficient homes due to a lack of comparable properties and a lack of data, according to an article published this week in The Appraisal Journal.

Mar 24, 2015 08:00 AM

Appraisal Institute Heads to Dallas for 2015 Annual Meeting

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, announced today that its 2015 Annual Meeting will take place July 27-29 in Dallas. Registration is now open.

Mar 10, 2015 08:00 AM

Minor Home Improvements Offer Best Return, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to choose upgrades instead of major remodeling projects to see the greatest potential return on investment.

Feb 11, 2015 08:00 AM

New Appraisal Institute Form Helps Analyze ‘Green’ Commercial Real Estate Features

The nation’s largest professional association of real estate appraisers today released a form intended to help analyze values of commercial buildings’ energy-efficient features. It is the first of its kind intended for appraisers’ use.

Jan 26, 2015 08:00 AM

New Fannie Mae Program Shows Importance of Hiring Qualified Real Estate Appraisers

A new Fannie Mae program available to mortgage lenders today shows the importance of hiring qualified appraisers, according to the nation’s largest professional association of real estate appraisers.

Jan 14, 2015 08:00 AM

Appraisal Institute Members Contribute to Landmark Solar Valuation Study

Two members of the Appraisal Institute contributed to a landmark study released Tuesday by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory that found that home buyers consistently have been willing to pay more for homes with host-owned solar photovoltaic energy systems.

Dec 30, 2014 08:00 AM

Lance Coyle to Become President of Appraisal Institute on Jan. 1

M. Lance Coyle, MAI, SRA, of Dallas will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 22,000 professionals in almost 60 countries.

Dec 10, 2014 08:00 AM

Importance of Property Attributes Key to Market Value: The Appraisal Journal

Appraisers can simulate the actions and thought processes of buyers by analyzing the importance of the quality of property attributes in the market, according to an article published this week in The Appraisal Journal.

Nov 04, 2014 08:00 AM

Appraisal Institute Encourages Consumers To Plan Now for Home Winterization

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged consumers to winterize their homes to potentially reduce energy costs, increase comfort in cold months and possibly improve resale value.

Oct 21, 2014 08:00 AM

New Appraisal Institute Book Addresses Latest Methods for Valuing Contaminated Properties

Properties impacted by contamination raise challenging appraisal issues, according to a new book from the nation’s largest professional association of real estate appraisers.

Sep 18, 2014 08:00 AM

Deconstructing Elements Key to Valuing Defunct Railroad Corridors: The Appraisal Journal

When appraising obsolete railroad corridors, each element of the land’s value as-is must be deconstructed in order to develop a credible opinion of value for the land, according to an article published this week in The Appraisal Journal.

Aug 26, 2014 08:00 AM

Appraisal Institute Unveils Standards of Valuation Practice

The nation’s largest professional association of real estate appraisers today announced to global users of real estate valuation services the availability of its Standards of Valuation Practice. The SVP can serve as an alternative for valuation professionals where national or other standards are not required.

Aug 14, 2014 08:00 AM

New Appraisal Institute Book Supports Development of Market Analysis

The analysis of real estate markets is a core skill of modern appraisal and is critical for risk management in the marketplace, according to a new book from the nation’s largest professional association of real estate appraisers.

Aug 08, 2014 01:59 PM

Appraisal Institute Honors 8 National Award Winners

Peter D. Bowes, MAI, of Denver and Reaves C. Lukens Jr., MAI, SRA, of Gladwyne, Pennsylvania, were honored with the Lifetime Achievement Award and Michael G. Miller, MAI, SRA, AI-GRS, of Richmond, Virginia, and Charles J. Lentz, MAI, of Orlando, Florida, were named the recipients of the Outstanding Service Award during the Appraisal Institute Annual Meeting Wednesday in Austin, Texas.

Aug 08, 2014 08:19 AM

Austin’s Jim Amorin Elected 2015 Appraisal Institute Vice President

Jim Amorin, MAI, SRA, AI-GRS, of Austin, Texas, was elected 2015 vice president of the nation’s largest professional association of real estate appraisers by its Board of Directors Thursday in Austin. Amorin’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

Jul 31, 2014 08:00 AM

Drop in US Real Estate Appraisers Slows: Appraisal Institute Research

The number of active real estate appraisers in the United States fell less than 1 percent in the first half of 2014, the Appraisal Institute announced today, lower than the average annual decrease of 2.6 percent over the past six years.

Jul 08, 2014 08:00 AM

Appraisal Institute Supports USGBC’s ‘Green’ Home Report Findings

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced its support for a U.S. Green Building Council report released June 19 that found green labeled homes can sell at higher prices.

Jun 12, 2014 08:00 AM

Special Skills Crucial for Restaurant Valuation: The Appraisal Journal

Appraisers should understand and correctly use methods and techniques employed by investors to determine the value of restaurants, according to an article published this week in The Appraisal Journal.

Jun 05, 2014 08:00 AM

Only Certain Home Improvements Pay Off, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to exercise good judgment when deciding which home improvement projects to take on, saying that not all renovations enhance property values.

May 08, 2014 12:55 PM

Appraisal Institute Unveils New Certification Organization

The nation’s largest professional association of real estate appraisers today announced the formation of a new certification organization: the International Center for Valuation Certification.

Apr 29, 2014 08:00 AM

Appraisal Institute Seeks Comments on Standards of Valuation Practice

The nation’s largest professional association of real estate appraisers today invited valuation professionals to provide additional input on the organization’s proposed standards of valuation practice, one of the Appraisal Institute’s three previously announced major strategic initiatives.

Apr 08, 2014 08:00 AM

New Appraisal Institute Book Aids Valuation of ‘Green’ Homes

Appraisers need to get up to speed on the latest energy efficient home features and should learn to determine how green a property is, according to a new book by the nation’s largest professional association of real estate appraisers.

Apr 01, 2014 08:00 AM

Appraisal Institute Expands Registries of ‘Green’ Appraisers

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has expanded its Valuation of Sustainable Buildings Professional Development Program’s online registries of residential and commercial appraisers.

Mar 18, 2014 08:00 AM

Appraisal Institute Provides Its First Education in Persian Gulf

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today concluded an historic week-long teaching opportunity at Kuwait University – Real Estate Academy.

Mar 11, 2014 08:00 AM

Appraisers Key to Property Loss Deductions: The Appraisal Journal

Natural disasters often cause damages to properties that qualify for deductions on federal income tax returns, but property owners need a qualified appraiser to substantiate and defend those losses, according to an article published this week in The Appraisal Journal.

Feb 18, 2014 08:00 AM

Appraisal Institute Tells Homeowners How to Prepare for Appraisal

With the spring home-buying season approaching, the nation’s largest professional association of real estate appraisers today encouraged homeowners to be prepared with all relevant property information when an appraiser visits.

Feb 18, 2014 08:00 AM

Appraisal Institute Tells Homeowners How to Prepare for Appraisal

With the spring home-buying season approaching, the nation’s largest professional association of real estate appraisers today encouraged homeowners to be prepared with all relevant property information when an appraiser visits.

Jan 28, 2014 08:00 AM

Appraisal Institute Bestows First Review Designations in its History

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has issued the first appraisal review designations in its more than 80-year history.

Jan 09, 2014 08:00 AM

Appraisal Institute Issues Guidance on Valuing ‘Green’ Buildings

When valuing green buildings, real estate appraisers’ analysis must be supported by market data on the subject property that helps explain why it stands out from its conventional peers, according to guidance issued today by the Appraisal Institute and the Institute for Market Transformation.

Dec 30, 2013 08:00 AM

Ken P. Wilson, MAI, SRA, to Become President of Appraisal Institute on Jan. 1

Ken P. Wilson, MAI, SRA, of Plano, Texas, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 23,000 professionals in almost 60 countries.

Dec 18, 2013 08:00 AM

Appraisal Institute Seeks Comments on Proposed Standards of Valuation Practice

The nation’s largest professional association of real estate appraisers today unveiled proposed standards of valuation practice, one of the Appraisal Institute’s three previously announced major strategic initiatives that have the potential to fundamentally reshape the global valuation profession.

Nov 26, 2013 08:00 AM

Actual Cash Value Must Be Defined When Appraising Properties for Insurance Purposes: The Appraisal Journal

The relationship between actual cash value and fair market value needs to be clearly defined by real estate appraisers called upon to develop an opinion of value for insurance purposes, especially in legal situations between the insurer and insured, according to an article published last week in The Appraisal Journal.

Nov 19, 2013 08:00 AM

Appraisal Institute Launches First New Designations

The nation’s largest professional association of real estate appraisers today announced it will begin issuing two review designations in 2014. The AI-GRS, (Appraisal Institute – General Review Specialist) and AI-RRS (Appraisal Institute – Residential Review Specialist) designations will be the Appraisal Institute’s first new designations in more than 20 years.

Oct 31, 2013 08:00 AM

Solar Electric Systems Positively Impact Home Values: Appraisal Institute

The nation’s largest professional association of real estate appraisers today announced that solar photovoltaic systems typically increase market value and almost always decrease marketing time of single-family homes in the Denver metropolitan area.

Oct 22, 2013 08:00 AM

Appraisers Expect Continued Growth: Appraisal Institute Survey

Appraisers anticipate continued growth in mortgage lending appraisals and in specialized areas of consulting, according to a recent survey conducted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Oct 07, 2013 08:00 AM

Appraisal Institute Announces Major Strategic Initiatives for Valuation Profession

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced three major strategic initiatives that have the potential to fundamentally reshape the global valuation profession.

Sep 23, 2013 08:00 AM

Marketability Studies Can Reveal Demand for Apartments: The Appraisal Journal

Marketability studies by real estate appraisers can provide essential insight into demand trends and factors impacting the success or failure of future apartment developments, according to an article published last week in The Appraisal Journal.

Sep 16, 2013 08:00 AM

New Appraisal Institute Textbook Responds to Changing Role of Valuation Professionals

"The Appraisal of Real Estate, 14th Edition," published this week by the Appraisal Institute, reflects a new commitment to the essential principles of appraisal and the sound application of recognized valuation methods. The textbook long has been recognized as the valuation profession’s most comprehensive source of information for appraisers and other real estate professionals.

Aug 13, 2013 08:00 AM

Appraiser Trainee Hiring to Remain Weak: Appraisal Institute Survey

Hiring of appraiser trainees will remain weak for the next one to two years, according to a recent survey conducted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Aug 06, 2013 08:00 AM

Appraisal Institute's Sara Stephens Named to Global Property Standards Group

Appraisal Institute Immediate Past President Sara W. Stephens, MAI, was among 19 real estate experts selected today by the International Property Measurement Standards Coalition to create the first global standard for measuring property.

Jul 29, 2013 08:00 AM

Salisbury's Scott Robinson Elected Appraisal Institute Vice President

J. Scott Robinson, MAI, SRA, of Salisbury, N.C., was elected 2014 vice president of the nation’s largest professional association of real estate appraisers July 26 in Indianapolis. Robinson’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

Jul 28, 2013 08:00 AM

Appraisal Institute Honors 5 National Award Winners

Harry B. Holzhauer, MAI, SRA, SRPA, formerly of Lake Oswego, Ore., posthumously received the Lifetime Achievement Award, Robin C. Amorin, MAI, of Austin, Texas, received the Outstanding Service Award and three individuals received the President’s Award during the Appraisal Institute Annual Meeting Thursday in Indianapolis.

Jul 16, 2013 08:00 AM

Real Estate Appraisers Optimistic About Future: Appraisal Institute Survey

More than three-fourths of U.S. real estate appraisers are very or somewhat positive about the demand for their services over the next one to two years, according to an Appraisal Institute survey released today.

Jun 17, 2013 08:00 AM

Movie Theater Industry Faces Obsolescence, Falling Property Values: The Appraisal Journal

The movie theater business is in troubled times, facing competition from many viewing alternatives, decreasing attendance and falling values for some properties, according to an article published this week in The Appraisal Journal.

Jun 10, 2013 08:00 AM

Only Certain Home Improvements Pay Off, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to use discretion when deciding which home improvement projects to take on, saying that not all renovations positively impact property values.

Jun 06, 2013 08:00 AM

Appraisal Institute Calls on Congress to Pass Green Real Estate Bill

The nation’s largest professional association of real estate appraisers announced its support today for federal legislation that would improve the mortgage underwriting process by ensuring appraisers are provided relevant property information relating to green and energy-efficient features.

May 28, 2013 08:00 AM

Technological Integration Critical to Future of Real Estate Appraisal, Forum Participants Say

Technological development in the real estate valuation profession remains too focused on appraisal report forms and not attentive enough to market analysis, said appraisers, their residential clients, mortgage finance industry leaders, bank regulators and other participants May 24 at the Appraisal Institute Stakeholders Forum in Washington, D.C.

May 14, 2013 08:00 AM

Landscaping Can Impact Home Values, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to properly maintain their landscaping, which can significantly affect property values.

May 06, 2013 08:00 AM

Appraisal Institute Joins Global Property Standards Coalition

The Appraisal Institute joined some of the world’s leading professional organizations May 2 in forming the International Property Measurement Standards Coalition. The two-day meeting at the World Bank in Washington, D.C., focused on developing and embedding a single standard for the way property is measured worldwide.

Apr 08, 2013 08:00 AM

Certified Appraisers at All-time High, Opportunities Coming: Appraisal Institute

The percentage of appraisers with a state certification is at an all-time high, the nation’s largest professional association of real estate appraisers announced today. With more than half of U.S. appraisers aged 51 to 65, the Appraisal Institute anticipates opportunities for new appraisers.

Mar 20, 2013 08:00 AM

Appraisal Institute Provides Homeowners with Property Tax Appeal Tips

Homeowners who are considering property tax appeals should be prepared with all the necessary information, the nation’s largest professional association of real estate appraisers said today.

Mar 06, 2013 08:00 AM

Appraisal Institute Releases Enhanced Form to Help Real Estate Appraisers Analyze Green Features

The nation’s largest professional association of real estate appraisers today released an updated form intended to help analyze values of energy efficient home features. It remains the first of its kind intended for appraisers use.

Feb 27, 2013 08:00 AM

Relative Size of Homes May Affect Overall Property Values: The Appraisal Journal

The size of a property relative to the average sized property in its neighborhood may affect its sale price, according to an article published this week in The Appraisal Journal.

Feb 20, 2013 08:00 AM

Latest Green Course from Appraisal Institute Teaches How to Value Solar Features

The nation’s largest professional association of real estate appraisers premiered its “Residential and Commercial Valuation of Solar” course today in Albuquerque, N.M. The course is the latest offering in the Appraisal Institute’s Valuation of Sustainable Buildings Professional Development Program.

Feb 11, 2013 08:00 AM

Appraisal Institute’s New Guidance Helps Real Estate Appraisers Analyze Exposure Time

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, published guidance today to help appraisers understand exposure time and how to incorporate its analysis into an appraisal.

Dec 25, 2012 08:00 AM

Richard L. Borges II, MAI, SRA, to Become President of Appraisal Institute on Jan. 1

Richard L. (Rick) Borges II, MAI, SRA, of Greenwood, Ind., will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest organization of real estate appraisers with nearly 23,000 members in nearly 60 countries.

Nov 19, 2012 08:00 AM

Accessory Dwelling Units May Have Higher Values when Using Income Approach: The Appraisal Journal

Residential properties with accessory dwelling units — such as in-law apartments or coach houses — may have higher value potential if the properties are valued for investment income using the income capitalization approach, according to an article published this week in The Appraisal Journal.

Nov 13, 2012 08:00 AM

Appraisal Institute Helps Appraisers Perform Evaluations for Lenders

The nation’s largest professional association of real estate appraisers published guidance today to help appraisers learn what evaluations are, when they are used and who can prepare them.

Oct 28, 2012 08:00 AM

Self Storage Resists Recession: Appraisal Institute Book

Self storage has proven to be resistant to recession due to its lower declines and default ratios as compared to other types of real estate, according to a new book by the nation’s largest professional association of real estate appraisers.

Oct 23, 2012 08:00 AM

Plan Now for Home Winterization, Appraisal Institute Urges Consumers

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today urged homeowners to consider winterizing their properties to potentially lower energy costs, increase comfort in cold months and possibly improve resale value.

Oct 08, 2012 08:00 AM

Appraisal Institute Agrees to Work with State of Colorado on Valuing Green Homes

The nation’s largest professional association of real estate appraisers today announced it has signed a memorandum of understanding with the state of Colorado to promote a wide use of tools to document home energy features. The groups also will jointly develop valuation studies.

Aug 27, 2012 08:00 AM

Preparation is Key to Real Estate Valuation Testimony: The Appraisal Journal

Preparation is key to successfully providing real estate valuation testimony in a courtroom, according to an article published this week in The Appraisal Journal.

Aug 06, 2012 08:00 AM

Dallas' Lance Coyle Elected 2013 Vice President of Appraisal Institute

M. Lance Coyle, MAI, SRA, of Dallas was elected 2013 vice president of the nation’s largest professional association of real estate appraisers on Aug. 4 in Coronado, Calif. Coyle’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

Aug 05, 2012 08:00 AM

Appraisal Institute Presents Six National Awards

Two members received the Lifetime Achievement Award and four others received the President’s Award during the Appraisal Institute Annual Meeting Friday in Coronado, Calif.

Jul 30, 2012 08:00 AM

Water Rights Can Have Major Impact on Property Values: Appraisal Institute Book

With the world population estimated to have recently passed 7 billion, the global freshwater market will be a “seller’s market” for the foreseeable future, according to a new book by the nation’s largest professional association of real estate appraisers.

Jul 09, 2012 08:00 AM

Global Perspective Key to Valuing Hotel: Appraisal Institute Book

A global perspective is critical when valuing hotels in the five major regions of the world, according to a new book by the nation’s largest professional association of real estate appraisers.

Jun 27, 2012 08:00 AM

New Form of Regulation is Dangerous, Appraisal Institute Warns Congress

Warning that a “new and excessive” form of regulation is about to be enacted without Congressional authorization, the nation’s largest professional association of real estate appraisers told lawmakers today that such a scheme could damage the valuation profession.

Jun 13, 2012 08:00 AM

Appraisal Institute Helps Appraisers Analyze Real Estate Market Trends

The nation’s largest professional association of real estate appraisers published guidance June 4 to help appraisers analyze market trends. The Appraisal Institute’s “Guide Note 12: Analyzing Market Trends” addresses to what extent appraisers are responsible for recognizing changes in market conditions, and what steps appraisers must take to ensure due diligence is done regarding the analysis of market trends.

Jun 06, 2012 08:00 AM

Article: Buyers Key to Choosing Comparable Sales

Characteristics of purchasers, not location, are most important in selecting comparable sales, according to an article published this week in The Appraisal Journal. The Appraisal Journal is the quarterly technical and academic publication of the Appraisal Institute, the nation’s largest professional association of real estate appraisers. The materials presented in the publication represent the opinions and views of the authors and not necessarily those of the Appraisal Institute.

May 16, 2012 08:00 AM

Book Provides Insight into Litigation Valuation

Litigation valuation is a fascinating discipline that offers qualified real estate appraisers a wide range of opportunities, according to a new book by the nation’s largest professional association of real estate appraisers.

May 07, 2012 08:00 AM

AI Issues Green Real Estate Valuation Guidance

Billing analysis, identification of equipment and components, and examination of results from engineering simulations are among the methods appraisers should use to assess energy cost and energy performance in buildings, according to a guide issued today by the Appraisal Institute and the Institute for Market Transformation.

Apr 23, 2012 08:00 AM

Mortgage Fraud Increase Shows Importance of Valuation Professionals: Appraisal Institute

Responding to a new study indicating that mortgage fraud in the United States increased 20 percent from the third quarter of 2010 to the third quarter of 2011, the nation’s largest professional association of real estate appraisers today encouraged lenders and consumers to work with valuation professionals who hold competence and ethics in the highest regard.

Mar 19, 2012 08:00 AM

Power Lines Impact on Sales Depends on Property

Transmission lines are more likely to have a negative impact on sales when a property has a residential use or small lot size, or when similar properties without transmission lines are available in the market, according to an article published this week in The Appraisal Journal.

Mar 13, 2012 08:00 AM

Appraisal Institute Advises U.S. Sentencing Commission to Require Appraisals

Speaking at a hearing in Washington, D.C., the Appraisal Institute today urged a federal judicial agency to require the use of real estate appraisals when calculating loss in mortgage fraud cases. The Appraisal Institute is the nation’s largest professional association of real estate appraisers.

Jan 30, 2012 08:00 AM

Appraisal Institute Announces Support for New Solar Valuation Form

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced its support for a new tool that will assist appraisers and others seeking to establish the value of a property’s solar-powered features. The spreadsheet was developed by Solar Power Electric and Sandia National Laboratories.

Jan 23, 2012 08:00 AM

New Appraisal Institute Book Helps Determine Value of Convenience Stores

Convenience stores represent a complex and fascinating retail channel that has responded to the economic challenges of the last decade by embracing new ideas, according to a new book by the nation’s largest professional association of real estate appraisers.

Jan 18, 2012 08:00 AM

AI Helps Appraisers Choose Comparable Sales in Declining Markets

The nation’s largest professional association of real estate appraisers published guidance today to help appraisers know when and how to use distressed sales, such as foreclosures, as comparable sales. Such knowledge is particularly crucial in the current market where distressed sales are common, creating complex valuation challenges.

Jan 16, 2012 08:00 AM

Don't Shoot the Messenger: Appraisers Not at Fault for Low Home Values

Don’t blame the real estate appraiser if it turns out that house you’re trying to sell or buy isn’t worth what you thought it was. That was the message today from the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Dec 26, 2011 08:00 AM

Sara W. Stephens, MAI, to Become President of Appraisal Institute on Jan. 1

Sara W. Stephens, MAI, of Little Rock, Ark., will begin her one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest organization of real estate appraisers with more than 24,000 members in nearly 60 countries.

Dec 13, 2011 08:00 AM

The Appraisal Journal: Knowledge of Market Key to Preventing Delays Says Article in The Appraisal Journal

The appraisal process can cause delays in a property’s development or sale, according to an article published this week in The Appraisal Journal, reinforcing the need to have appraisers with local market knowledge provide reliable opinions of value – especially in the current market.

Nov 15, 2011 08:00 AM

Appraisal Institute Calls for Transparency on Home Buyers Forms

Saying that consumers deserve to know what they’re paying for, the nation’s largest professional association of real estate appraisers today called on the federal Consumer Financial Protection Bureau to require more transparency on home buyers’ forms.

Oct 24, 2011 08:00 AM

Energy Efficiency Funding Can Create 1 Million Jobs, Says Report Sponsored by Appraisal Institute

A report released today, sponsored in part by the Appraisal Institute, outlines ways to finance $150 billion per year in energy efficiency projects that yield double-digit financial returns. The Appraisal Institute is the nation’s largest professional association of real estate appraisers.

Oct 19, 2011 08:00 AM

Appraisal Institute Announces Support for Green Real Estate Bill in Congress

Citing its benefits for consumers, the nation’s largest professional association of real estate appraisers announced support Wednesday for recently introduced federal legislation that would improve the mortgage underwriting process by ensuring energy costs are included.

Oct 11, 2011 08:00 AM

Appraisal Institute’s New Book Helps Real Estate Appraisers Detect, Prevent Fraud

Real estate appraisers who are able to detect fraud can avoid inaccurate information that could compromise the valuation analysis, according to a new book from the nation’s largest professional association of real estate appraisers.

Sep 28, 2011 08:00 AM

Appraisal Institute Issues Form to Help Real Estate Appraisers Analyze Green Features

The nation’s largest professional association of real estate appraisers today released a form intended to help analyze values of energy-efficient home features. It is the first of its kind intended for appraisers use.

Aug 30, 2011 08:00 AM

Governments' Comprehensive Plans Essential Factor in Real Estate Valuation, Says Journal Article

Real estate appraisers must consider the impact of local governments’ comprehensive plans when producing appraisals, according to an article published this week in The Appraisal Journal’s Summer issue.

Aug 18, 2011 08:00 AM

Plano’s Ken Wilson Elected Vice President of Nation’s Largest Real Estate Appraisal Association

Ken P. Wilson, MAI, SRA, of Plano, Texas, was elected Thursday as 2012 vice president of the Appraisal Institute, the nation’s largest professional organization of real estate appraisers.

Aug 17, 2011 08:00 AM

Seven Members Honored Nationally with Appraisal Institute’s Annual Awards

Three members received the Lifetime Achievement Award and another received the Outstanding Service Award during the Appraisal Institute’s annual meeting Wednesday in Las Vegas. Another three members received the President’s Award.

Jul 13, 2011 08:00 AM

Help Regulators Take Proper Aim, Appraisal Institute Tells Congress

Testifying before a Congressional subcommittee, the Appraisal Institute’s president-elect on Wednesday told lawmakers their intent was “right on target” and asked them to “guide the regulators’ aim” in implementing consumer-friendly real estate appraisal guidelines.

Jul 11, 2011 08:00 AM

New Appraisal Institute Book Helps Determine Business Enterprise Value

Addressing a sometimes controversial topic, the Appraisal Institute’s newest book is intended to assist real estate appraisers in valuing real property with a business component.

May 31, 2011 08:00 AM

Provo's Barrett Slade Honored by The Appraisal Journal

Barrett A. Slade, Ph.D., MAI, of Provo, Utah, and C. F. Sirmans, Ph.D., of Tallahassee, Fla., are the winners of the 2010 Richard U. Ratcliff Award for their article, “Office Property DCF Assumptions: Lessons from Two Decades of Investor Surveys,” published in the Summer 2010 issue of The Appraisal Journal.

May 31, 2011 08:00 AM

Omaha's Kenneth Alford Honored by The Appraisal Journal

Kenneth N. Alford, MAI, and David C. Wellsandt of Omaha, Neb., are the winners of the 2010 Swango Award for their article, “Appraising Low-Income Housing Tax Credit Real Estate,” published in the Fall 2010 issue of The Appraisal Journal.

May 18, 2011 08:00 AM

Mitigation Credits are Key to Wetlands Value, The Appraisal Journal Article Says

To appropriately value potential wetlands, real estate appraisers must explicitly take into consideration the market for mitigation credits, according to an article published this week in The Appraisal Journal’s Spring issue.

May 18, 2011 08:00 AM

Mortgage Forms Should Include More Transparency, Appraisal Institute Tells Federal Reserve

To appropriately value potential wetlands, real estate appraisers must explicitly take into consideration the market for mitigation credits, according to an article published this week in The Appraisal Journal’s Spring issue.

May 11, 2011 08:00 AM

Appraisal Institute Warns Appraisers About Liabilities When Working with Some AMCs

The Appraisal Institute today cautioned real estate appraisers about signing agreements imposed by some appraisal management companies that seek to hold residential appraisers responsible for AMCs’ actions. Its president warned that consumers could be the ultimate losers.

Apr 27, 2011 08:00 AM

Appraisal Quality Control Increasingly Important, Says News Book from the Appraisal Institute

Responding to heightened appraiser accountability, a new book from the Appraisal Institute outlines successful techniques in maintaining internal quality control.

Apr 18, 2011 08:00 AM

Appraisal Institute Issues Earth Day Call for Collaboration to Real Estate Community

In celebration of Earth Day, the Appraisal Institute today called on the worlds real estate community to join in helping ensure reliable valuations for sustainable "green" buildings. The Appraisal Institute is the nations largest professional association of real estate appraisers and has members in 60 countries.

Mar 27, 2011 08:00 AM

Appraisal Institute Contributes to Tsunami Relief in Support of its Japanese Members

Responding to the recent loss of life and property destruction in Japan, the United States’ largest professional association of real estate appraisers today announced it has made a charitable contribution to the American Red Cross’ relief efforts.

Feb 27, 2011 08:00 AM

Flood Map Changes May Cause Economic Damages, The Appraisal Journal Says

Changes to Federal Emergency Management Agency flood zone maps may cause economic damages to property owners, and governments may need to pay them substantial compensation, according to an article published this week in The Appraisal Journal’s Winter issue.

Feb 21, 2011 08:00 AM

Controversial Real Estate Valuations Addressed in New Book from Appraisal Institute

A landmark book published this week by the Appraisal Institute demonstrates valuation methodologies for controversial easement-related appraisal assignments. The Appraisal Institute is the nation’s largest professional association of real estate appraisers.

Jan 23, 2011 08:00 AM

Appraisal Institute Launches Green Valuation Program

The Appraisal Institute today launched its Valuation of Sustainable Buildings Professional Development Program, educating appraisers on the intricacies of valuing high-performance residential and commercial buildings. The Appraisal Institute is the nations largest professional association of real estate appraisers.

Jan 11, 2011 08:00 AM

Appraisal Institute Unveils Appraisal Tips for Consumers

The Appraisal Institute today released helpful tips for consumers, providing guidance for homeowners and buyers seeking to ensure their sales are completed in a timely manner.

Jan 04, 2011 08:00 AM

Mortgage Forms Should Include More Transparency, Appraisal Institute Tells Federal Reserve

The nation's largest real estate appraisal organizations called on the Federal Reserve last week to require appraisal management companies to disclose their fees to consumers as the Fed implements landmark appraisal regulatory reforms passed by Congress.

Dec 14, 2010 08:00 AM

Appraisal Institute Calls for Development of Investment Property Accounting Standard

The nation’s largest professional association of real estate appraisers today recommended revisions to proposed lease accounting standards, urging the Financial Accounting Standards Board to prepare a separate investment property standard comparable to its international counterpart.

Dec 12, 2010 08:00 AM

Cross-border Investing Taking World by Storm, Says New Book from the Appraisal Institute

Cross-border investing for growth and portfolio diversification has taken the business world by storm, according to a one-of-a-kind book published this week by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Nov 21, 2010 08:00 AM

Residential Lots with a View Command Significantly Higher Prices: The Appraisal Journal

Residential lots with a view sell at higher prices even when they are not overlooking water or a golf course, according to the cover article in The Appraisal Journal’s Fall issue, published this week.

Nov 07, 2010 08:00 AM

Alex Hesterberg, Roy Caves Honored with Appraisal Institute’s Annual Awards

Alexander G. Hesterberg, MAI, received the Lifetime Achievement Award and Roy Caves received the Outstanding Service Award during the Appraisal Institute’s annual meeting Wednesday in Miami Beach, Fla.

Oct 18, 2010 08:00 AM

Pittenger, Miller to Offer Keynote Addresses at XXV Union of PanAmerican Valuers Congress

Valuation experts Bill Pittenger, MAI, SRA, SREA, SRPA, and Norm Miller, Ph.D., will be the keynote speakers Nov. 2-4 when hundreds of real estate appraisers from North and South America gather at the XXV Union of PanAmerican Valuers Congress in Miami Beach, Fla.

Sep 07, 2010 08:00 AM

Statement from the Appraisal Institute on its Withdrawal from The Appraisal Foundation

The decision today by the Appraisal Institute’s Board of Directors to withdraw from The Appraisal Foundation as a sponsor was a difficult but necessary one. As the nation’s largest organization of real estate appraisers, we must preserve our integrity and must act as an independent voice representing the interests of our members, the profession and the public interest before legislative and regulatory bodies.

Aug 29, 2010 08:00 AM

Appraisal Institute’s New Guide to Home Buying Offers Uniquely Unbiased View

A home buying guide published this week by the Appraisal Institute teaches homebuyers when to buy, how to find a real estate agent, how to choose the best home on the market and more … all from the uniquely unbiased perspective of a real estate appraiser.

Aug 16, 2010 08:00 AM

Southern Indiana’s Rick Borges, MAI, SRA, Elected Vice President Of Nation’s Largest Real Estate Appraisal Association

Richard L. (Rick) Borges II, MAI, SRA, formerly of Seymour, Ind., was elected Thursday as 2011 vice president of the Appraisal Institute, the nation’s largest professional organization of real estate appraisers.

Aug 09, 2010 08:00 AM

Innovative Technology Will Define Valuation’s Future, New Appraisal Institute Book Says

A unique collection of theoretical and practical pieces published this week by the Appraisal Institute describes how innovative technology will define the future of real estate valuation. The Appraisal Institute is the nation’s largest professional organization of real estate appraisers.

Aug 05, 2010 08:00 AM

Appraisal Reviews Increasingly Important After Real Estate Meltdown: The Appraisal Journal

Reviews of appraisal reports, an essential quality-control function in the real estate industry and especially so in the wake of the residential and commercial market meltdowns, are the subject of The Appraisal Journal’s Summer issue cover article, published this week.

Jul 15, 2010 08:00 AM

FHA Commissioner, Member of Congress to Speak at Appraisal Institute Washington Appraisal Summit

Keynote addresses on real estate issues at the Appraisal Institute’s Washington Appraisal Summit

Jun 27, 2010 08:00 AM

Appraisal Institute Applauds Financial Reform Bill, Calls on Congress to Pass Final Version

Real estate appraisal provisions in the final version of the Dodd-Frank Wall Street Reform and Consumer Protection Act, completed by Congress on Friday, should mean more reliable home appraisals for consumers, the Appraisal Institute said today. The Appraisal Institute is the nation’s largest professional organization of real estate appraisers.

Jun 01, 2010 08:00 AM

New Appraisal Institute Book Teaches How to Appraise Green Homes

A new book published this month by the Appraisal Institute helps appraisers estimate values for popular “green” home features such as energy-efficient appliances, toxin-free flooring and insulation and vegetated roofs.

May 19, 2010 08:00 AM

Appraisal Institute ‘Disappointed’ by Lack of Funding for HVCC Complaint Process

The Federal Housing Finance Agency today said that Fannie Mae and Freddie Mac will deploy a complaint process for violations of the Home Valuation Code of Conduct and will not fund the Independent Valuation Protection Institute called for in HVCC.

May 16, 2010 08:00 AM

Appraisal Institute President to Speak at Congressional Hearing in Chicago

U.S. House Financial Services Committee’s Oversight and Investigations Subcommittee field hearing on “Commercial Real Estate: A Chicago Perspective on Current Market Challenges and Possible Responses”

May 11, 2010 08:00 AM

Lakefront Lots Sell at Highest Premium, Study in The Appraisal Journal Finds

Lakefront lots sell at higher premiums than lake view lots, which sell for more than lots with golf course views, according to the first academic study to explicitly model different golf course, lake, mountain and lakefront views. The study appears in the Spring issue of The Appraisal Journal.

May 11, 2010 08:00 AM

End ‘Wild West’ Attitude to Regain Investors’ Trust, Appraisal Institute President Tells Congressional Hearing

In order to regain investors’ trust, America must end the “wild west” attitude that has plagued its real estate financing, Appraisal Institute President Leslie Sellers, MAI, SRA, told a Congressional subcommittee today.

May 09, 2010 08:00 AM

Not All Home Improvement Projects Yield Returns, Appraisal Institute President Warns Homeowners

Homeowners looking to upgrade or sell their home this spring should realize that not all remodeling and renovation projects will yield a full return on their investment, the president of the Appraisal Institute said today. The Appraisal Institute is the nation’s largest organization of real estate appraisers.

Apr 25, 2010 08:00 AM

Fraud Study Shows Importance of Competence, Ethics: Appraisal Institute

A new study indicating that reports of mortgage fraud in the United States increased 7 percent from 2008 to 2009 shows why lenders need to hire competent, ethical appraisers, Appraisal Institute President Leslie Sellers, MAI, SRA, said today.

Apr 20, 2010 08:00 AM

Appraisal Institute Praises ‘Green’ Multiple Listing Service Tool Kit

The Appraisal Institute today praised a new resource that will help real estate appraisers provide even more reliable valuations on homes with energy efficient features.

Apr 13, 2010 08:00 AM

New Book on Appraisal Review Process Published by the Appraisal Institute

A new book published by the Appraisal Institute provides practical instruction on the appraisal review process and helps promote greater understanding between reviewers and appraisers. The Appraisal Institute is the nation’s largest organization of real estate appraisers.

Mar 08, 2010 08:00 AM

Appraisal Institute Opposes Obama Administration’s Plan for Homeowner Short Sales

Citing concerns about increased mortgage fraud, four organizations representing more than 35,000 real estate appraisers today voiced their opposition to changes to an Obama administration program that will encourage short sales of homes. The coalition was led by the Appraisal Institute, the nations largest organization of real estate appraisers.

Feb 28, 2010 08:00 AM

AI President Featured on In-Flight Radio Show; Sellers Interview to Reach 10.5 Million Travelers

Appraisal Institute President Leslie Sellers, MAI, SRA, is currently being featured on Delta Air Lines’ and US Airways’ in-flight talk radio show “The Innovators,” which is expected to reach 10.5 million travelers during March and April.

Feb 28, 2010 08:00 AM

Appraisal Institute Releases First Audio Book Scope of Work Available for Download, on CD

The Appraisal Institute, the nation’s largest organization of real estate appraisers, today announced it has published its first audio book.

Feb 24, 2010 08:00 AM

Zillow Values No More Accurate Than Homeowners Estimates: The Appraisal Journal

Estimates of home values from Zillow.com may be no more accurate than homeowners’ estimates of value, according to a new study in The Appraisal Journal’s Winter 2010 issue.

Jan 10, 2010 08:00 AM

Appraisal Institute's Updated Dictionary Includes New Online Version

The specialized language of real estate valuation is the focus of a newly published book by the Appraisal Institute, featuring more than 5,000 definitions and terms in addition to seven specialized glossaries. The Appraisal Institute is the nation’s largest organization of real estate appraisers.

Jan 06, 2010 08:00 AM

Appraisal Institute Encourages Interior Department To Follow Inspector General’s Call for a Chief Appraiser

A coalition representing 35,000 real estate appraisers, led by the Appraisal Institute, today called on the U.S. Department of the Interior to follow its own Inspector General’s direction to hire a chief appraiser.

Nov 17, 2009 08:00 AM

Leslie Sellers Sworn in as 2010 President of Appraisal Institute

Leslie P. Sellers, MAI, SRA, of Clinton, Tenn., was sworn in Friday as 2010 president of the Appraisal Institute during the organization’s fourth-quarter Board of Directors meeting in Cancun, Mexico. The Appraisal Institute is the nation’s largest organization of real estate appraisers.

Nov 16, 2009 08:00 AM

Historic Facade Easements Decrease Value More than Tax Credit is Worth: The Appraisal Journal

A historic facade easement decreases the value of a home far beyond the benefits of the related tax deduction, according to a new study in The Appraisal Journal’s fall issue.

Oct 21, 2009 08:00 AM

Appraisal Institute Praises Congressional Amendment Calling for Greater Appraiser Independence

Calling it "a victory for consumers," the Appraisal Institute praised an amendment passed by a Congressional committee Wednesday that will help prevent improper pressure on real estate appraisers during the mortgage loan process.

Oct 19, 2009 08:00 AM

Appraisal Institute's Newest Book Provides Direction for Residential Appraisers

A book published this week by the Appraisal Institute provides up-to-date, relevant instructions for completing residential real estate appraisal forms and offers in-depth instructions on providing valuations in the current market. The Appraisal Institute is the nation’s largest organization of real estate appraisers.

Oct 14, 2009 08:00 AM

Dont Shoot the Messenger for Low Appraisals, Appraisal Institute Tells House Committee

Responding to recent testimony before the House Small Business Committee, the Appraisal Institute, the nation’s largest organization of real estate appraisers, reminded the Committee’s leaders Wednesday that appraisers are not responsible for so-called low appraisals.

Oct 13, 2009 08:00 AM

Appraisal Institute Applauds California's New Law Regulating Appraisal Management Companies

The Appraisal Institute, the nation’s largest organization of real estate appraisers, today applauded a new California law that will provide regulation and oversight of appraisal management companies.

Sep 21, 2009 08:00 AM

New Textbook from Appraisal Institute Describes How to Perform Statistical Analyses

A newly published textbook by Marvin L. Wolverton, Ph.D., MAI, is the first of its kind: a fundamental, comprehensive guide to performing statistical analyses written specifically for real estate appraisers.

Sep 20, 2009 08:00 AM

Appraisal Institute Applauds FHA for Removing Cap on Appraiser Fees

The Appraisal Institute, the nation’s largest organization of real estate appraisers, today celebrated a significant victory for the appraisal profession in the wake of the Federal Housing Administration’s (FHA) announcement that it was reversing a policy that inadvertently capped fees to appraisers.

Aug 25, 2009 08:00 AM

Sara Stephens Elected Vice President of Appraisal Institute

Sara W. Stephens, MAI, of Little Rock was elected Appraisal Institute vice president Saturday by the organization’s Board of Directors. The Appraisal Institute is the nation’s largest association of real estate appraisers with more than 26,000 members and 91 chapters.

Aug 17, 2009 08:00 AM

Appraisal Institute Criticizes Appraisers Who Fail to Meet Geographic Competency Requirements

In the wake of reports that some real estate appraisers are performing appraisals despite lacking sufficient knowledge of the local market, the Appraisal Institute today chided those who violate the profession’s ethical or professional standards. The Appraisal Institute is the nation’s largest association of real estate appraisers.

Aug 03, 2009 08:00 AM

Appraisal Institute Supports Proposed Revisions To Require More Frequent Valuations of Real Estate Investments

The Appraisal Institute, the nation’s largest real estate appraisal organization, today announced its support for revisions to the Global Investment Performance Standards, which are standardized, industry-wide ethical principles that provide investment firms with guidance on how to calculate and report results of investments, including real estate.

Jul 29, 2009 08:00 AM

Power Lines Dont Affect Property Values: The Appraisal Journal

A property’s value is not affected when the home is located close to high-voltage transmission lines, or when those power lines are visible from the home, according to an article appearing in The Appraisal Journal’s summer issue.

Jul 12, 2009 08:00 AM

Appraisal Institute Applauds Freddie Mac’s Revised Guidelines

The Appraisal Institute, the nation’s largest real estate appraisal organization, today applauded Freddie Mac’s newly revised guidelines for mortgage lenders emphasizing the use of qualified and experienced real estate appraisers.

Jun 30, 2009 08:00 AM

Appraisal Institute Calls on HUD to Rescind Mortgage Regulation

The Appraisal Institute, the nation’s largest real estate appraisal association, today led a coalition of four organizations and 35,000 members calling on the U.S. Department of Housing and Urban Development (HUD) to rescind regulations regarding appraisal management companies (AMCs). The coalition also sought new rules on AMCs.

Jun 22, 2009 08:00 AM

STATEMENT FROM THE APPRAISAL INSTITUTE

The following statement may be attributed to the Appraisal Institutes Bill Garber, Director, Government and External Relations. It is in response to todays comment by Lawrence Yun, National Association of Realtors chief economist, that the increase in existing home sales in May "is less than expected because poor appraisals are stalling transactions. Some contracts are falling through from faulty valuations that keep buyers from getting a loan."

Jun 15, 2009 08:00 AM

Appraisal Institute Offering Customized Appraisal Education for Lenders

To assist banks and mortgage lenders with appraisal training, the Appraisal Institute has created a specialized, customizable educational program titled Commercial Appraisal Engagement and Review for Bankers. Participants of the program will learn how real estate appraisals fit into the regulatory scheme for financial institutions. In addition, lenders can work with Appraisal Institute instructors to customize the content and duration of the program based on the needs of their staff.

Jun 07, 2009 08:00 AM

Appraisal Institute Releases Newest Book: The Appraisal of Nursing Facilities

The Appraisal Institute is proud to announce the release of its newest publication, The Appraisal of Nursing Facilities. In this comprehensive text, healthcare property valuation expert James K. Tellatin, MAI, explores long-term care facilities from both physical and economic perspectives, providing the insider information appraisal professionals need to take advantage of valuation opportunities in the growing senior housing industry.

Jun 07, 2009 08:00 AM

Appraisal Institute at United Nations: Worldwide Valuation Standards Needed

Addressing the need for transparency and accountability in the worldwide valuation profession, the president of the nation’s largest appraisal organization, the Appraisal Institute, called for uniform valuation standards to advance professionalism at a gathering of the United Nations Economic Commission for Europe (UNECE), meeting in Rome, Italy. Primarily focusing on the topic “Rethinking Real Estate Markets,” Appraisal Institute President Jim Amorin, MAI, SRA, detailed the evolution of profes

Apr 28, 2009 08:00 AM

Appraisal Institute Urges Congress to Pass Pending Mortgage Reform Bill

The Appraisal Institute, the nation’s largest organization of professional real estate appraisers, is urging Congressional representatives to pass H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009, a bill that would eliminate a number of regulatory loopholes in the mortgage lending system and strengthen the appraisal regulatory structure. Currently, the bill is being considered by the House Financial Services Committee, where the markup is expected to last until Thursday.

Apr 22, 2009 08:00 AM

Appraisal Institute Urges Congress to Ban BPOs and Regulate AMCs

In testimony before Congress today, the Appraisal Institute told lawmakers that mortgage reform legislation is needed and called for a “back to basics” approach to mortgage lending. President Jim Amorin, MAI, SRA voiced support for the recently introduced H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009. The bill, introduced in March by Representatives Brad Miller (D-N.C.) and Mel Watt (D-N.C.), is aimed at curbing predatory lending, which has been a major factor in the hig

Mar 31, 2009 08:00 AM

Appraisal Groups Applaud Actions of Utah Governor

In response to Utah Governor Jon Huntsman, Jr. signing House Bill 152 – the Appraisal Management Company Registration and Regulation Act – into law last week, the nation’s four largest appraisal organizations have written to the Utah governor to thank and applaud him for his actions. By signing H.B. 152 into law, Utah became the first state in the nation to enact requirements that appraisal management companies (AMCs) be registered with, and regulated by, a state agency.

Mar 24, 2009 08:00 AM

Appraisal Institute Signs Memorandum of Understanding With Italian Appraisal Groups

The United State’s largest organization of professional appraisers has entered into a Memorandum of Understanding with two of the premiere Italian appraisal and economic development groups in a mutual effort to harmonize international valuation standards. The Appraisal Institute, the Istituto Italiano di Valutazione Immobiliare (IsIVI) and OSMI-Borsa Immobiliare di Milano jointly signed the cooperative agreement earlier this month during the MIPIM Congress held in Cannes, France.

Mar 15, 2009 08:00 AM

Real Estate Industry Leaders Converged on D.C. for Appraisal Institute’s Collateral Matters Congress

The Appraisal Institute recently hosted its first-ever Collateral Matters Congress, an industry-wide event dedicated to improving the overall quality of collateral valuation practices in residential mortgage lending. The historic event, held March 8-10 at the Park Hyatt in Washington, D.C., brought together nearly 90 real estate industry leaders and regulatory officials to discuss and brainstorm on solutions to a variety of problems in the residential mortgage lending process.

Mar 10, 2009 08:00 AM

Appraisal Institute Urges Congress to Address Feeble Oversight

In testifying before Congress today, the Appraisal Institute told lawmakers that mortgage reform legislation is needed to address structural weaknesses in mortgage industry regulation. Calling current regulatory oversight "feeble," the Appraisal Institute called upon Congress to provide state and federal appraisal oversight agencies with greater enforcement power, the lack of which has contributed significantly to mortgage fraud.

Mar 08, 2009 08:00 AM

Appraisal Institute Welcomes 4,000 New Members

The Appraisal Institute is pleased to announce that in 2008 the organization welcomed more new members than in any year since the former American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers merged to form the Appraisal Institute in 1991. The 4,000 new members who joined the Appraisal Institute last year brings the organization’s membership total to more than 25,000 members, the most since 1995.

Feb 22, 2009 08:00 AM

Reliable Valuations of Mortgaged Properties Are Key to Success of Administration's Foreclosure Relief Plan

The nation’s four largest organizations of professional real estate appraisers—the Appraisal Institute, American Society of Appraisers, American Society of Farm Managers and Rural Appraisers, and National Association of Independent Fee Appraisers—delivered the second of two letters to Treasury Secretary Timothy Geithner urging the Administration to protect homeowners and taxpayers by requiring that the market values of homes under President’s Obama’s Homeowners Stability Program be determined b

Feb 12, 2009 08:00 AM

Appraisal Institute to Premiere Commercial Appraisal Engagement and Review Seminar for Bankers and Appraisers

The Appraisal Institute is proud to introduce its newest seminar, Commercial Appraisal Engagement and Review, which will premiere March 2, 2009, in Tigard, Ore. Designed for lenders and appraisers, this timely seminar will explore how appraisal work fits into financial institutions’ regulatory scheme and what happens to an appraisal once it leaves the appraiser’s hands.

Jan 11, 2009 08:00 AM

Appraisal Institute Releases Student Handbook to The Appraisal of Real Estate, 13th Edition

The Appraisal Institute is proud to announce the release of its newest publication, The Student Handbook to The Appraisal of Real Estate, 13th edition, by Mark R. Rattermann, MAI, SRA. This practical handbook serves as a complement to the latest edition of The Appraisal of Real Estate and is designed to assist students and valuation practitioners alike in understanding the appraisal profession, preparing for state licensing exams and embarking on a successful career in real estate valuation.

Dec 25, 2008 08:00 AM

Professional Appraisal Organizations React to Revised Home Valuation Code of Conduct – Pledge to Seek Further Actions Promoting Appraisal Quality

The nation’s largest organizations of professional real estate appraisers – the Appraisal Institute, American Society of Appraisers, American Society of Farm Managers and Rural Appraisers, and the National Association of Independent Fee Appraisers – issued the following statement today in reaction to the revised Home Valuation Code of Conduct (Appraisal Code) released by the Federal Housing Finance Agency and Fannie Mae and Freddie Mac:

Dec 15, 2008 08:00 AM

Appraisal Institute to Host Collateral Matters Congress

The Appraisal Institute is set to host the first-ever Collateral Matters Congress, an industry-wide event dedicated to improving the overall quality of collateral valuation practices in residential mortgage lending. The congress, which will be held from March 9-10, 2009, at the Park Hyatt in Washington, D.C., will address concerns regarding current collateral valuation practices and explore ways to develop best practices improvements and reforms.

Nov 19, 2008 08:00 AM

Appraisal Institute to Premiere Valuation of Green Residential Properties Seminar for Real Estate Professionals

The Appraisal Institute is proud to introduce its newest seminar, Valuation of Green Residential Properties, which will premiere December 3, 2008, in Denver, Colo. Designed for residential real estate professionals – both expert and novice – who wish to enhance and expand their practices in this growing industry, this timely seminar will explore market acceptance of the latest green program initiatives while presenting an in-depth study of how green building construction impacts home values.

Nov 06, 2008 08:00 AM

Appraisal Institute Board Votes Down Affiliation

The Appraisal Institute Board of Directors yesterday voted not to pursue affiliation with the National Association of Realtors (NAR). The vote, which occurred during the Board’s fall meeting in San Antonio, Texas, follows year-long meetings between the organizations during which possible terms and conditions were discussed. In the end, though, the two organizations could not come to agreement on how best to proceed.

Nov 02, 2008 08:00 AM

Appraisal Groups Release Model AMC Legislation and Invite Public Comment

As the number of appraisal management companies (AMCs) continues to grow across the United States, the nation’s largest professional organizations of real estate appraisers are releasing draft model legislation calling for the registration and regulation of AMCs. The model legislation is a joint effort of the Appraisal Institute (AI), the American Society of Appraisers (ASA), the American Society of Farm Managers and Rural Appraisers (ASFMRA), and the National Association of Independent Fee App

Sep 08, 2008 08:00 AM

New Appraisal Institute Text Offers Expert Advice for Damaged Property Appraisals

The Appraisal Institute is proud to offer its newest text on appraising damaged property, Real Estate Damages: Applied Economics and Detrimental Conditions, second edition. This revised publication provides valuation professionals with a framework for applying fundamental economic principles and innovative appraisal techniques to address the unique problems that arise in these complex valuation situations.

Aug 25, 2008 08:00 AM

Appraisal Institute Reaches Out to Young Appraisers

A little more than halfway through an aggressive campaign to increase membership, the Appraisal Institute is reporting an increase of greater than 2,400 members as of July 31, 2008, thanks in large part to the organization’s efforts to recruit younger members. This record-breaking figure, which includes new Associate and Affiliate members added since the beginning of 2008, has the Appraisal Institute on track to surpass the number of members joining in any one year throughout the organization’s

Aug 19, 2008 08:00 AM

Appraisal Institute Calls for Modernization of Appraisal Regulatory Structure

Yesterday, the nation’s largest professional organization of real estate appraisers, the Appraisal Institute, submitted a joint industry letter to the Senate Banking Committee advocating revisions to deficiencies in the appraisal regulatory structure. Specifically, the Appraisal Institute urged the Senate to adopt Title VII of House Resolution 3915 (H.R. 3915), the Mortgage Reform and Anti-Predatory Lending Act, which would allot greater resources to state appraisal boards for enforcement activ

Aug 06, 2008 08:00 AM

Summer Issue of The Appraisal Journal is Out Now

The Summer 2008 issue of The Appraisal Journal continues to provide real estate professionals with advice and insights to the ever changing industry. Included in the Summer issue are two articles related to the valuation of properties located near lakes, two articles on investment-related valuations and an article on predicting the impact of contamination on home values.

Jul 29, 2008 08:00 AM

Appraisal Institute Applauds Congress for Passing Housing Bill

The nation’s largest organization of professional real estate appraisers, the Appraisal Institute, applauded enactment of House Resolution 3221 (H.R. 3221), a law passed by Congress last weekend and signed by President Bush today, that contains several large housing related initiatives, including the housing regulatory overhaul of mortgage giants Fannie Mae and Freddie Mac, and a modernization of the Federal Housing Administration (FHA). In addition, H.R. 3221 contains provisions that reinforce

Jul 06, 2008 08:00 AM

Appraisal Institute Releases Thirteenth Edition of The Appraisal of Real Estate

The Appraisal Institute is proud to announce the release of its newest publication, The Appraisal of Real Estate, thirteenth edition, which provides real estate appraisers with guidance on how to meet the challenges facing today’s valuation professionals. Designed as an authoritative reference and first-line resource, this practical book is perfect for assistance in overcoming obstacles and performing appraisal assignments with consistency, competence and integrity.

Jun 24, 2008 08:00 AM

Appraisal Institute Names 2009 Vice President Nominee

The Appraisal Institute, the nation’s largest association of real estate appraisers, announced that Joseph C. Magdziarz, MAI, SRA, has been nominated to serve as Vice President of the organization in 2009.

Jun 11, 2008 08:00 AM

Appraisal Institute Calls for Withdrawal of HUD’s Proposed RESPA Rule

The nation’s largest professional organization of real estate appraisers has called for the withdrawal of proposed changes to the Real Estate Settlement Procedures Act (RESPA) because it fails to promote transparency of real estate settlement costs to consumers.

May 27, 2008 08:00 AM

Appraisal Institute to Premiere Green Building Seminar for Real Estate Professionals

The Appraisal Institute is proud to introduce its newest seminar, An Introduction to Valuing Green Buildings, which will premiere June 24, 2008, in Austin, Texas. Designed for appraisers, developers, investors and other real estate professionals, this timely seminar will explore the history and progress of the “green” building movement in the United States as well as how buildings held for investment relate to the larger green building universe. The analysis and valuation of green building for

May 10, 2008 08:00 AM

Appraisal Institute Applauds House Passage of Mortgage Reform Bill

The Appraisal Institute, the nation’s largest organization of professional real estate appraisers, is applauding the U.S. House of Representatives for voting to adopt H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009, a bill that would eliminate a number of regulatory loopholes in the mortgage lending system and strengthen the appraisal regulatory structure. Having passed the House by a 300-114 vote, the bill will now be referred to the U.S. Senate Banking Committee where th

May 05, 2008 08:00 AM

Spring Issue of The Appraisal Journal Spotlights Appraisal Techniques for Special Property Interests

The Spring issue of The Appraisal Journal continues in its mission to provide professional real estate appraisers with information on analysis and valuation of real estate interests. This quarter, feature articles explain how to analyze and value water rights and aircraft hangers. In addition, articles on appraisal review as it relates to expropriation, the inconsistency of expert witness standards for appraisal testimony, and the Japanese take on asset impairment accounting as related to appra

Apr 29, 2008 08:00 AM

Appraisal Institute Calls for Revisions to Fannie’s/Freddie’s Home Valuation Code of Conduct

Today, the nation’s largest professional organization of real estate appraisers submitted a joint industry response to the creation of the Home Valuation Code of Conduct – a guideline established in an agreement reached by the New York Attorney General’s Office, Fannie Mae, Freddie Mac and the Office of Federal Housing Enterprise Oversight (OFHEO).

Apr 20, 2008 08:00 AM

OFHEO General Counsel Set to Speak as Appraisal Institute Takes to Capitol Hill

More than one hundred participants in the Appraisal Institute’s 2008 Leadership Development and Advisory Council (LDAC) are set to lobby Capitol Hill on Thursday, April 24, in an effort to alert their Congressional representatives of the issues impacting real estate appraisers and the real estate appraisal profession. The group, which is composed of industry leaders, will gather April 23-25 at the Washington Court Hotel in Washington, D.C.

Apr 07, 2008 08:00 AM

Appraisal Institute Issues Legislative Update

Today, the Senate will vote on critical legislation to stimulate the housing market and the economy. Included in the debate is an amendment offered by Senator Robert Casey (D-Pennsylvania) and Senator Mel Martinez (R-Florida) to make reforms to the real estate appraisal process, specifically, banning appraiser coercion.

Apr 01, 2008 08:00 AM

Appraisal Institute Releases New Publication On the Appraisal of Subdivision

The Appraisal Institute is proud to announce the release of its newest publication, Subdivision Valuation, by Don M. Emerson, Jr., MAI, SRA. Providing real estate appraisers with the essential skills needed to meet the challenges of subdivision valuation, this practical book offers appraisers a comprehensive overview of single-unit residential subdivision valuation methodology focused primarily on valuing proposed subdivisions competently and avoiding common errors found in subdivision appraisal

Mar 06, 2008 08:00 AM

Characteristics of Special Property Interests Spotlighted in The Appraisal Journal

The Winter 2008 issue of The Appraisal Journal examines the distinctive characteristics of special property interests – a key step in developing a valuation estimate. Featured articles specifically focus on the unique aspects of aircraft hangars, water rights, limited use service hotels, industrial incubator warehouses and apartments, and how these special properties are valued.

Nov 27, 2007 08:00 AM

Appraiser Education Then and Now Spotlighted in The Appraisal Journal

As a part of its 75th anniversary look at important aspects of the real estate appraisal profession, the Fall 2007 issue of The Appraisal Journal offers several perspectives on appraiser education over the decades. The issue also features articles on several unique appraisal topics: cell phone towers, antiterrorism measures in commercial buildings and road access management.

Nov 06, 2007 08:00 AM

Appraisal Institute Applauds NY Attorney General Cuomo For Exposing Pressure to Inflate Home Values

The Appraisal Institute today praised New York Attorney General Andrew Cuomo for exposing the corrosive consequences of inflated appraisals on the home buying industry and confirmed its commitment to the independence of professional real estate appraisers.

Oct 21, 2007 08:00 AM

Appraisal Institute Voices Support for Proposed Appraisal Legislation

The nation's largest professional real estate appraisal organization, the Appraisal Institute, applauds Representative Paul Kanjorski (D-PA) for introducing H.R. 3837, The Escrow, Appraisal, and Mortgage Servicing Improvements Act of 2007. Introduced today in the House of Representatives, H.R. 3837 is aimed at protecting consumers and financial institutions by addressing shortcomings in the appraisal regulatory structure, among other things.

Jul 31, 2007 08:00 AM

Development of Appraisal Practices and More Discussed in Latest Issue of The Appraisal Journal

The Summer 2007 issue of The Appraisal Journal continues the Appraisal Institute’s yearlong salute to its diamond anniversary by providing featured articles that examine a bevy of unique valuation topics. Highlights include articles addressing topics from an overview of the development of appraisal practices to conservation subdivision developments, from property rights compensation statutes to government land auctions.

Jul 10, 2007 08:00 AM

August 21 Teleconference to Address Effective Banker-Appraiser Communication

To avoid the pitfalls that can result from imprecise communication between lenders and real estate appraisers, the Appraisal Institute and the American Bankers Association (ABA) will jointly host a two-hour teleconference on Tuesday, August 21 from 2-4 p.m. (ET).

Jul 04, 2007 08:00 AM

Appraisal Organizations Propose Solutions to Curb Mortgage Fraud Crisis at Senate Hearing

The Appraisal Institute, along with three partner appraisal organizations, told Congress today that a single standard for all lenders and brokers ordering real estate appraisals will help stop appraiser coercion, which was described as one of the leading contributors to mortgage fraud.

Jun 05, 2007 08:00 AM

Education the Focus of the Appraisal Institute's 75th Anniversary Conference

The Appraisal Institute's 75th Anniversary Conference, "Celebrating Our History, Valuing the Future," will bring together leaders of the real estate valuation profession to address current trends in the industry while also offering appraisers opportunities to expand their professional skills.

May 28, 2007 08:00 AM

The Appraisal Journal Examines Appraiser Ethics and Standards In Spring Issue

With the publication of the Spring 2007 issue, The Appraisal Journal continues its yearlong salute to its diamond anniversary by providing a review of appraiser ethics and standards. Other featured articles examine several unique appraisal topics including: how seller disclosure affects market value, how sales prices have been affected by deregulation of Federal Housing Administration (FHA) and Veterans Affairs (VA) mortgages, and how certain valuation approaches may lead to overvaluations resu

May 02, 2007 08:00 AM

Appraisal Institute Names New Chief Executive Officer

The Appraisal Institute, the nation?s largest association of real estate appraisers, has announced that Frederick H. Grubbe has been selected to serve as chief executive officer of the organization effective June 1, 2007.

Apr 11, 2007 08:00 AM

Subprime Fix: Independent Appraisal Process

In response to the proposed guidance on subprime mortgage lending, the four largest professional appraisal organizations have called for requirements to stress the need for an independent appraisal process in the mortgage lending process.

Apr 03, 2007 08:00 AM

Appraisal Institute Iowa Chapter Supports Bill Addressing Improper Pressure on Appraisers

As mortgage fraud remains a serious problem for communities across the country, the Iowa Chapter of the Appraisal Institute is leading the charge to fight appraiser pressure in Iowa by backing Senate File 137 (S.F. 137), which would prohibit third parties from improperly influencing an appraiser.

Feb 25, 2007 08:00 AM

Appraisal Journal Celebrates 75 Years

With the publication of the Winter 2007 issue, The Appraisal Journal begins a yearlong salute to its diamond anniversary by providing a review of appraisal ideas that have influenced the profession.

Jan 23, 2007 08:00 AM

Appraisal Institute Releases New Publication On the Appraisal of Residential Properties

The Appraisal Institute is proud to announce the release of its newest publication, Appraising Residential Properties, fourth edition.

Jan 21, 2007 08:00 AM

Members Win with Unified Voice on Appraisal Issues

Legislators and government officials will hear a unified voice from the real estate appraisal profession during 2007, thanks to an agreement signed by the four largest appraisal organizations in the United States.

Jan 16, 2007 08:00 AM

Appraisal Institute Creates Model Engagement Contracts

Clients of real estate appraisal services are set to benefit from the Appraisal Institute's introduction of model agreements for services, which are presently being made available to members of the Appraisal Institute. Sample agreements for services both long and short forms along with supplementary and explanatory materials have been developed to assist Appraisal Institute members and their clients in drafting their own agreements or evaluating those provided by others.

Jan 11, 2007 08:00 AM

Appraisal Institute Members in Top Positions on Appraisal Foundation's Board of Trustees

Six members of the Appraisal Institute will serve in leadership positions on the Appraisal Foundation's Board of Trustees for 2007. Arthur Clapp, who is an associate member of the Appraisal Institute, will serve as the Board's chair; Shawn McGowan, SRA, as vice chair; Larry Kokel, MAI, as secretary; Alan Hummel, SRA, as assistant secretary; John Bredemeyer, SRA, as treasurer; and Alice DeJong, MAI, as assistant treasurer.

Jan 08, 2007 08:00 AM

Appraisal Institute Announces 2007 National Officers

The Appraisal Institute, the leading organization for professional real estate appraisers, has announced its national officers for 2007: President Terry Dunkin, MAI, SRA; President-Elect R. Wayne Pugh, MAI; Vice President Jim Amorin, MAI, SRA, and Immediate Past President Richard Powers, MAI, SRA.

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