President’s Message

Even though we have not had our first cold front sweep through Alabama, we have entered the 4th Quarter of 2018.  The Alabama Chapter of the Appraisal Institute built on our very successful Spring and Summer offerings by having a large contingent at the Appraisal Institute Annual Conference in Nashville at the end of July.  Given the close proximity of the 2018 Annual Conference, the Alabama Chapter was committed to helping as many members get to Nashville as possible, and I’m pleased to report that we had 16 members in attendance.  It goes without saying that our stipend program was very well received by the membership, as this was the largest number of attendees our chapter has ever had at the Annual Conference!  As I have said before, your Board of Directors believes that if education serves as the foundation of our Chapter, all other aspects of the Chapter will grow and flourish.  Given the success of our education offerings during the last several years we have been able to provide stipends for members to attend both Regional and National meetings.  If you have not used one of these stipends yet, I encourage you to apply for one in 2019.  The Board believes that this is the best way to educate future chapter leaders about our organization.  The Board recently voted to continue offering stipends in 2019; therefore, it is of utmost importance for our membership to continue to be engaged and support our education offerings.

Your Board of Directors and Committee Chairs recently had our annual planning session at Tim Rau’s office.  This annual meeting has become the most important meeting of the year as many important decisions are made regarding the future of the Chapter.  This year we were honored to have Mike Tankersley, MAI, SRA, AI-RRS, join us to go over some updates regarding the Governance Structure Project Team (GSPT) as well as the Chapter Financial Management and Administration Policy (CFMAP).  Mike also provided a brief outline of the current organizational structure for the Appraisal Institute and discussed the importance of staying engaged with what is taking place on a Regional and National level.  Mike currently serves on the National Board of Directors as the Region IX Vice Chair.  We are very fortunate to have someone as committed to the organization as Mike representing us in Chicago!

During our meeting we approved the Budget for 2019 presented by Mark Haller and the Finance Committee.  I am pleased to report that for the fifth year in a row, there will not be an increase in dues!  Mark and his committee did an excellent job working with Joe Patrick and the Education Committee to plan and estimate the number of attendees for the 2019 educational offerings.  The Board of Directors also voted unanimously to join the Chapter Financial Management and Administration Program starting in 2019.  After hearing many positive responses from other chapters across the County we decided that this was a good idea for the Chapter.  By joining CFMAP, managing the day to day financial operations of the Chapter should become much easier and less time consuming.

On October 19th we will return to the Little River Canyon Center in Mentone for the Second Annual Subject Matter Expert Roundtable.  Last year was a remarkable success, and this year should be even better.  The day will begin with a Chapter meeting and catered BBQ lunch from 12:00 – 1:00.  Following lunch, we will be entertained and educated by four fabulous speakers.  Jerry Roberson will be back to talk more about the history and creation of the Little River Canyon National Preserve.  Past Appraisal Institute National President Terry Dunkin, MAI, SRA will be traveling in from Maryland to discuss Conservation Easements.  Katherine Eddins of the Georgia-Alabama Land Trust will provide insight on Conservation Easements from the Land Trust’s Perspective.  Lastly, Jo Lewis from the Alabama Department of Conservation and Natural Resources will speak to us about the valuation process associated with the Forever Wild program.  Following the speakers, we will have a cocktail reception on the veranda which overlooks the Little River Canyon.  If you have not made plans to attend, please do so now.

In closing, I would like for everyone to make plans to be in Birmingham on November 30, 2018 for our annual Christmas Party.  Once again, we will offer a 3-hour seminar from 1:00 – 4:00 with the Christmas Party starting at 6:00.  For the tenth year in a row, Walter Kennedy, MAI has graciously offered to host our event at the Birmingham Country Club.  The afternoon education will consist of a seminar developed by our own Mandell Tillman, MAI, AI-GRS.  Mandell has a large consulting practice and serves as a reviewer for many community banks across Alabama.  His seminar, Discussions on Writing Client and Reviewer Friendly Reports, is sure to be a great opportunity for both residential and commercial practitioners to hone their report writing skills.

I look forward to seeing you in Mentone and Birmingham as we close out another successful year for the Alabama Chapter of the Appraisal Institute!

Roger Ball, MAI