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IVSC Valuation Webinar Series 2025, Sponsored by Kroll

Originally published in the October 3, 2025, issue of AI’s Appraisal Now
Reprinted with permission from AI

Now in its sixth year, the IVSC Valuation Webinar Series brings together valuation professionals from around the world to explore the forces shaping the profession in 2025.

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As-Completed vs. As-Is: When Investors Confuse Forecasts for Facts

Originally published in the October 3, 2025, issue of AI’s Appraisal Now
Reprinted with permission from AI

Some recent media coverage has suggested that inflated appraisals may be contributing to valuation-related lending problems in “fix and flip” scenarios in cities like Baltimore, Maryland. But there’s no evidence to support that claim. What’s really happening is a breakdown in how value premises are interpreted and applied—particularly by institutional investors and analysts who may not fully understand the difference between as-is and as-completed market values.

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Nominate a Colleague for the William S. Harps DEI Award

Originally published in the October 3, 2025, issue of AI’s Appraisal Now
Reprinted with permission from AI

The William S. Harps DEI Award honors an Appraisal Institute Member who truly exemplifies the values of diversity, equity, and inclusion in the valuation profession and has actively worked to make the profession reflective of all the communities we serve. It commemorates the legacy of William S. Harps, MAI—the first African American to earn the MAI designation (1960), former president of the American Institute of Real Estate Appraisers (1981), and a leader in breaking barriers in the appraisal profession. Harps passed in 2009.

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Stay Alert: Protect Yourself from Phishing Emails

Originally published in the October 3, 2025, issue of AI’s Appraisal Now
Reprinted with permission from AI

Recently, an outside group attempted to send messages that mimicked an official Appraisal Institute dues notice. While our systems remain secure, we want to remind members to stay vigilant when reviewing emails that appear to come from the Appraisal Institute or any other organization.

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45-Day Notice of Proposed Amendments to Appraisal Institute Bylaws-and-Regulations

At its November 13-14, 2025, meeting in Chicago, Illinois, the Appraisal Institute Board of Directors will consider proposed amendments to the Appraisal Institute Bylaws and Regulation Nos. 1, 2, 3, 7, 8, and 9 regarding:

  • Chief Executive Officer Powers and Duties
  • Chief Executive Officer Title
  • Course Examination Requirements for Candidates
  • National Nominating Committee
  • Regular and Special Board Meeting Related Requirements

Unless otherwise noted, the proposed amendments are expected to have no or minimal financial impact. 

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