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Governor Roy Cooper Appoints Lynn Carmichael, MAI, and Claire Aufrance, MAI, SRA, to the North Carolina Appraisal Board

The North Carolina Chapter of the Appraisal Institute would like to inform our members that Governor Roy Cooper has appointed Lynn Carmichael, MAI, and Claire Aufrance, MAI, SRA, to the North Carolina Appraisal Board. We congratulate both Lynn and Claire on their appointments and we thank them for their willingness to be leaders in the appraisal industry. We wish them all the best in their endeavor to promote the highest standards for real estate appraisal practice for the protection of the public trust. 

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In Memoriam: Ted Anglyn, MAI

It's with great sadness that we report the passing of Ted Anglyn, MAI. Ted's influence on the appraisal industry and specifically LDAC cannot be overstated. Ted used his own money and resources to make sure LDAC not only survived, but thrived. Our deepest sympathies go out to Ted's family, his appraiser family, and the North Carolina Chapter.

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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.

“When hiring a valuation professional, clients should first understand the role of an appraiser,” said Appraisal Institute President Stephen S. Wagner, MAI, SRA, AI-GRS. “The appraiser’s role is to provide objective, impartial and unbiased opinions about the value of real property — helping those who own, manage, sell, invest in and lend money on the security of real estate.”

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New Passwords Required for ‘My Account’ Section of Appraisal Institute Website

The Appraisal Institute launched a new online association management system, or AMS, on Oct. 1. AI professionals and customers must change their passwords in order to access the My Account section of the AI website.
 
A short training video on AI’s YouTube channel shows users how to change their My Account passwords.
 
The new AMS online membership database and customer relationship management software platform is the foundation for almost every service and product that AI offers. It provides an intuitive, much-improved online experience with a more modern look and feel, allowing AI professionals, customers and staff to more easily access information.
 
Users will enjoy benefits such as:
  • Increased user accessibility to data;
  • Improved business processes and efficiencies;
  • Integrated web experience; and
  • Self-service capabilities that will make interactions with AI simpler and more convenient.
The My Account area of the AI website is completely new, including improvements to education search and registration, the online store, membership profiles, and Find An Appraiser profiles. AI professionals also will find improvements to self-service functions such as printing a transcript, paying dues and fees, candidate checklists, and volunteer information.

58 Members Received Designations from the Appraisal Institute in August & September

The Appraisal Institute designated 26 members in August, including one who received his MAI and SRA designations. Additionally, 17 received their MAI designation, four received their SRA designation and four received their AI-GRS designation. The Appraisal Institute designated 58 members in September, including; and 39 who received MAI designations; 6 who received SRA designations; 10 who received AI-GRS designations; 3 who received AI-RRS designations.

Special congratulations to NCAI members William M. Best, MAI; Stephen M. Worthy, AI-GRS; and John C. Palmer, MAI.

View the list here.

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.

The Appraisal Institute’s “Guide Note 10: Development of an Opinion of Market Value in the Aftermath of a Disaster” addresses how real property markets in affected areas often exhibit instability, even chaos, and how analyzing data in such markets presents an array of challenges. The Guide Note, revised last year, also discusses how valuation professionals can develop credible opinions of market value in the aftermath of a disaster.

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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.

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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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