Appraiser Diversity Workshop Scheduled

The Appraisal Institute is collaborating with the National Urban League and Fannie Mae to host a free virtual Appraiser Diversity Initiative workshop, “How to Become a Real Estate Appraiser,” Saturday, Jan. 30, noon- 1:15 p.m. EST.
Source: Appraisal Institute

Appraisal Institute Helps Tackle Unconscious Valuation Bias: Valuation Magazine

The Appraisal Institute is addressing unconscious valuation bias while also expanding opportunities for aspiring appraisers, according to an article in Valuation magazine’s third/fourth quarter 2020 issue.
Source: Appraisal Institute

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.
Source: Appraisal Institute

Rodman Schley to Become President of Appraisal Institute on Jan. 1

Rodman Schley, MAI, SRA, of Arvada, Colorado, 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 over 17,000 professionals in almost 50 countries.
Source: Appraisal Institute

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.
Source: Appraisal Institute

Appraisers Must Identify the Scope of Work, New Book Says

The scope of work concept is fundamental to appraisal, and its proper application ensures that appraisers can provide various services and maintain flexibility in their assignments, which has become increasingly important in our rapidly changing business environment, according to a book published by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.
Source: Appraisal Institute

Appraisal Organizations Join Forces to Support Training, Ethics to Combat Bias

The Appraisal Institute, the American Society of Appraisers, the American Society of Farm Managers and Rural Appraisers and the Massachusetts Board of Real Estate Appraisers today announced their collective support for the development of additional training that addresses unconscious bias in valuation, and for each organization to individually review its Code of Ethics and other governing documents to further ensure awareness and compliance among its membership and the valuation profession as a
Source: Appraisal Institute

Assembled Workforce an Important Consideration in Property Valuation: The Appraisal Journal

Separating the value of a trained workforce from the overall value of a going concern requires economic analysis, not just the subtraction of employee salaries, according to an article published this week in The Appraisal Journal.
Source: Appraisal Institute

Appraisal Institute Honors 17 National Award Winners

Sandra K. Adomatis, SRA, of Punta Gorda, Florida, was honored Monday with the Appraisal Institute’s Lifetime Achievement Award, and James L. Henderson, SRA, of Lakeland, Florida; Charles R. Mills, MAI, SRA, AI-GRS, of Jeffersonville, Indiana; and César Servando Cantú Martínez, MAI, SRA, AI-GRS, of Monterrey, Mexico, were recognized with the Outstanding Service Award during the Appraisal Institute Awards Ceremony, which took place virtually.
Source: Appraisal Institute

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.
Source: Appraisal Institute