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30 Members Received Designations from the Appraisal Institute in July

The Appraisal Institute designated 30 members in July, including eight who received their MAI designations, six who received their SRA designations, 12 who received their AI-GRS designations and four who received their AI-RRS designations. A special congratulations to NCAI members Kyle Saylors, MAI, SRA; Lynn Carmichael, MAI, AI-GRS; and Terri Patton, MAI,  AI-GRS for being recognized.

In Memoriam

The Appraisal Institute regrets the passing of the following Designated Member, as reported to Appraiser News Online in July:
  • Ray E. Crawford, MAI, Charlotte, N.C.
This information is reported monthly in Appraiser News Online.

Appraisal Institute Board of Directors Approves 2020 Budget at Q3 Meeting in Denver

The Appraisal Institute Board of Directors at its July 25-26 meeting in Denver approved the organization’s 2020 budget and directed to 45-Day Notice proposed amendments to Regulations No. 7 and 8 regarding creation of state Government Relations Subcommittees under the current national Government Relations Committee.
 
In other business, the Board of Directors:
  • Approved the creation of a Women’s Initiative Committee.
  • Revised the organization’s policies for AI education instructors regarding waivers, conduct and evaluations;
  • Amended AI’s Statement of Investment Policy; and
  • Adopted the dues and fees schedule for 2020:
    • Deadline on dues/fees invoice payment: Jan. 1
    • Late fees assessed at 15%: April 1
    • Suspensions issued: June 1
    • Terminations issued: Sept. 1.
The Board also elected to two-year terms beginning Jan. 1:
  • Matthew S. Myers, MAI, of Leeds, England, as the international member on the AI Board of Directors;
  • Scott Robinson, MAI, SRA, AI-RRS, AI-GRS, as chair of the Strategic Planning Committee;
  • Claire M. Aufrance, MAI, SRA, to the Strategic Planning Committee; and
  • Michael J. Mignona, MAI, AI-GRS, and Craig Steinley, SRA, AI-RRS, to the Audit Committee.
Additionally, the Board elected Peter A. Vimini, MAI, to the Professional Liability Insurance Program Committee for a three-year term. He also was elected to fill a vacancy on PLIPC for a term ending Dec. 31.  
 
The Board’s next meeting is scheduled for Nov. 14-15 in Chicago.

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.

Bishop’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. He will serve on AI’s Executive Committee and the policy-making Board of Directors all four years. He also will chair the Finance Committee in 2020 and the National Nominating Committee in 2023.

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Video: Reasons to Pursue a Valuation Career

 

Two Appraisal Institute Designated Members share why they think someone should consider being an appraiser in AI’s latest video.

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58 Members Received Designations from the Appraisal Institute in June

The Appraisal Institute designated 58 members in June, including; 1 who received MAI AND SRA designations; and 40 who received MAI designations; 3 who received SRA designations; 12 who received AI-GRS designations; 2 who received AI-RRS designations.

View the list.

The Latest Issue of Valuation Magazine is Now Available

Read the latest issue of Valuation magazine. 
The nation's hospitality sector has enjoyed a decade-long hot streak, with transaction volume expected to total $36.5 billion this year and some 5,530 new rooms under construction. Will the good times last? That's the question appraisers say needs serious consideration, with most believing there may be room for correction.
 
The new federal opportunity zones program encourages private investors to fund projects in underserved geographic areas — an idea promising to benefit neighborhoods in need and investors who capitalize the ventures. Importantly, it also has the potential to create numerous opportunities for appraisers.
 
When valuing a property, it's not uncommon for appraisers to state that the property's highest and best use is different from its current use. But what happens in situations involving conflicting highest and best use analyses? Read what the courts have said about these complex concerns.

Read the latest issue of Valuation magazine

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Appraisal Institute Seeks Candidates for SPC Chair; Materials Deadline is Tomorrow (7/10)

The Appraisal Institute Board of Directors will elect at its July 25-26 meeting in Denver a chair of the Strategic Planning Committee to serve a two-year term beginning Jan. 1, 2020. 
 
AI professionals interested in the position should submit a statement of qualifications to Joan Barngrover at [email protected] and complete the Leadership Resources Registry at www.myappraisalinstitute.org/myappraisalinstitute/my_lrr.aspx. The deadline for submitting materials for consideration is July 10. 

New AI video: Benefits of Being an Appraiser

Last Chance to Support NCAI Members for NCAB

We have the opportunity to support three of our chapter members as they seek a position on the North Carolina Appraisal Board. There is no group more qualified to represent appraisers on the appraisal board than members from the North Carolina Chapter of the Appraisal Institute. Our organization has historically had members on the board. Please join in the effort to promote our organization on this vital regulatory board by supporting our members who have volunteered to be nominated to the board; Lynn Carmichael, MAI from the Asheville Area; Claire Aufrance, MAI, SRA from the Greensboro Area; and Joel Tate, SRA from the Raleigh/Wake Forest area. 

To support the chapter please click the button below to send the governor a supportive recommendation for these members.

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Call to Action: Please Support NCAI Members for NCAB

We have the opportunity to support two of our chapter members as they seek a position on the North Carolina Appraisal Board. There is no group more qualified to represent appraisers on the appraisal board than members from the North Carolina Chapter of the Appraisal Institute. Our organization has historically had members on the board. Please join in the effort to promote our organization on this vital regulatory board. Help promote our members who have volunteered to be nominated to the board; Lynn Carmichael, MAI, from the Asheville Area, and Claire Aufrance, MAI, SRA from the Greensboro Area. 

To support the chapter please click the button below to send the governor a supportive recommendation for these members.

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20 Members Received Designations from the Appraisal Institute in May

The Appraisal Institute designated 20 members in May, including nine who received their MAI designations, two who received their SRA designations, seven who received their AI-GRS designations and two who received their AI-RRS designations.

Click here to view the list.

National Nominating Committee Nominates Jody Bishop as 2020 AI Vice President

Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, of Charleston, South Carolina, was nominated for 2020 Appraisal Institute vice president by the AI National Nominating Committee at its May 8 meeting in Chicago.

National Nominating Committee Chair James L. Murrett, MAI, SRA, submitted the committee’s nomination to the AI Board of Directors at its May 9-10 meeting in Chicago. Board members may file petitions for additional nominees in accordance with the Appraisal Institute Bylaws. The AI Board of Directors is expected to elect the 2020 vice president at its July 25-26 meeting in Denver.

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2020 Slate of NCAI Officers, Directors, Regional Representative, & Alternate Regional Representatives

 

The following proposed slate is presented by the North Carolina Chapter’s 2019 Nominating Committee comprised of Joel Tate, SRA; Susan King, MAI; Frank Leatherman, MAI; Rocky McElhannon, MAI, SRA, AI-GRS; Tom Taylor, MAI, SRA.

The underlined below denotes the members selected to fill the positions as listed. Approval of this slate will be completed via an online survey which will be sent via email to the membership on Tuesday, June 18, 2019.

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Appraisal Institute Designates 40 Members in April

The Appraisal Institute designated 40 members in April, including; and 20 who received MAI designations; 5 who received SRA designations; 10 who received AI-GRS designations; 5 who received AI-RRS designations. Special congratulations to NCAI members, David Ivey, AI-GRS and Thomas Lott, MAI, AI-GRS.

View list here.

 

Appraisal Institute Leaders Address Key Issues at Major Real Estate Events

The Appraisal Institute announced April 24 that its elected officers and others represented the organization at major industry events during the past month. 
 
Chief Executive Officer Jim Amorin, MAI, SRA, AI-GRS, served on a panel at the American Real Estate Society (commonly known as ARES) Annual Meeting on April 9-13 in Scottsdale, Arizona, on the relationship between universities and associations, and attracting new individuals into the valuation profession. AI also exhibited at this event. 
 
Immediate Past President James L. Murrett, MAI, SRA, represented AI at the Risk Management Association (commonly known as RMA) CRE Appraisal Manager Forum on April 11-12 in Las Vegas, where he led a discussion on the appraisal regulatory environment.
 
President Stephen S. Wagner, MAI, SRA, AI-GRS, attended the Residential Energy Services Network (commonly known as RESNET) board meeting on April 17 in Olympic Valley, California, where he discussed the AI-RESNET partnership.
 
Wagner also participated in a media tour on April 3-4 in New York, where he met with reporters at The Wall Street Journal, National Mortgage News, Money magazine, Realtor.com and The Mortgage Leader. 

25 Members Received Designations from the Appraisal Institute in March

The Appraisal Institute designated 25 members in March, including 11 who received their MAI designations, five who received their SRA designations, four who received their AI-GRS designations and five who received their AI-RRS designations. 

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Appraisal Institute Recognizes 15 Individuals as 'Volunteer of Distinction'

The Appraisal Institute on April 3 announced the recognition of 15 individuals as a "Volunteer of Distinction" for the first quarter.

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2nd Quarter Chapter Business Meeting Recap

The 2nd Quarter Chapter Business Meeting was held in Asheville, NC this past week.  The guest speaker was NC House Representative Brian Turner who provided an informative overview of upcoming priorities for the NC General Assembly.  He also took questions from the audience on a variety of issues.  During the meeting the chapter celebrated two new designees Laura Gourley, AI-GRS and Bill Johnson, MAI and acknowledged the Q2 education scholarship recipients Erica Butler, Joel Phillips and Mary Coltrane.



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29 Members Received Designations from the Appraisal Institute in February

The Appraisal Institute designated 29 members in February, including; and 12 who received MAI designations; 7 who received SRA designations; 9 who received AI-GRS designations; 1 who received AI-RRS designations.

View the list here.