Appraisal Institute News

Sep 02, 2020 08:00 AM

New Appraisal Institute Textbook Addresses Time-tested Valuation Principles for Today’s World

In the midst of a global pandemic and social justice concerns, the Appraisal Institute today published “The Appraisal of Real Estate,” 15th edition. The textbook long has been recognized as the valuation profession’s most comprehensive source of information for appraisers and other real estate professionals.

Aug 07, 2020 07:28 AM

Craig Steinley Elected 2021 Appraisal Institute Vice President

Craig Steinley, MAI, SRA, AI-GRS, AI-RRS, of Rapid City, South Dakota, was elected 2021 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors during the Board’s virtual meeting.

Jul 30, 2020 01:32 PM

Upzoning Can Impact Appraisals, Places Emphasis on Highest and Best Use Analysis: Valuation Magazine

Many cities see upzoning as an effective way to expand affordable housing, but zoning changes can impact appraisals, so appraisers need to analyze the highest and best use of the property and land, according to an article in Valuation magazine’s second quarter 2020 issue.

Jul 21, 2020 09:57 AM

Appraisal Institute Urges Swift Passage of Appraisal Portal Legislation

The nation’s largest professional association of real estate appraisers this month sent a letter urging swift passage of the Portal for Appraisal Licensing Act of 2020 in the 116th Congress, which would amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a portal for appraisal credentialing and AMC registration information, and for other purposes.

Jul 14, 2020 08:00 AM

Golf Course HOAs Should Carefully Consider Financial Security Options: The Appraisal Journal

Homeowners associations should carefully consider all available methods for maintaining value in golf course communities, according to an article published this week in The Appraisal Journal.

Jun 16, 2020 08:00 AM

Homeowners Can Help Appraisers During COVID-19 Pandemic, Appraisal Institute Says

Despite the coronavirus and safety considerations, homeowners can still work with appraisers to help provide a full picture of their property, the nation’s largest professional association of real estate appraisers said today.

May 12, 2020 08:06 AM

Landscaping Can Have Major Impact on Property Values: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners that improving their property’s landscaping can result in a significant return on investment when selling the home.

Apr 28, 2020 08:15 AM

Appraisers Can Help Courts, IRS Navigate Conservation Easements, New Book Says

Governmental and judicial entities’ expanded oversight of the real estate appraisal process makes it imperative that those involved in valuing easement-encumbered properties demonstrate their competence to the Internal Revenue Service and the courts, according to a book published today by the Appraisal Institute under a licensing agreement with the Land Trust Alliance.

Apr 16, 2020 11:03 AM

Appraisers Must Adapt to iBuyer Models: Valuation Magazine

While the volume of home sales involving iBuyers is still fairly limited, the number of markets they reach is growing and their role in the residential real estate sector could be transformative, according to an article in Valuation magazine’s first quarter 2020 issue.

Apr 07, 2020 07:53 AM

Automated Valuation Models Need More Reliability: The Appraisal Journal

Since automated valuation model vendors use varying methodologies, valuation professionals should use caution when relying on AVM data, according to an article published this week in The Appraisal Journal.

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AI News

New Appraisal Institute Textbook Addresses Time-tested Valuation Principles for Today’s World

Craig Steinley Elected 2021 Appraisal Institute Vice President

Upzoning Can Impact Appraisals, Places Emphasis on Highest and Best Use Analysis: Valuation Magazine

Appraisal Institute Urges Swift Passage of Appraisal Portal Legislation

Golf Course HOAs Should Carefully Consider Financial Security Options: The Appraisal Journal

Homeowners Can Help Appraisers During COVID-19 Pandemic, Appraisal Institute Says

Landscaping Can Have Major Impact on Property Values: Appraisal Institute

Appraisers Can Help Courts, IRS Navigate Conservation Easements, New Book Says

Appraisers Must Adapt to iBuyer Models: Valuation Magazine

Automated Valuation Models Need More Reliability: The Appraisal Journal