It is hard to believe that the first half of 2018 is already in the books and we are entering the 3rd Quarter of the year. The Alabama Chapter of the Appraisal Institute entered the Spring with great momentum, having just completed the third installment of the Litigation Professional Development series and the First Annual Valuation Symposium. As everyone is well aware, the Alabama Chapter is committed to our membership by leading with education. The Board of Directors believes that if education serves as the foundation of our Chapter, all other aspects of the Chapter will grow and flourish. Therefore, in order for our Chapter to remain vibrant, it is of utmost importance for our membership be engaged and support our education offerings.
On April 19th, we welcomed John Urubek, MAI to Montgomery to teach Practical Highest and Best Use. This seminar was very well received and those in attendance had very positive reviews. Following the seminar, the Chapter hosted the third AI After Hours of the year at Pies and Pints. The turnout was very good and the event provided a relaxed networking opportunity. The following day, John taught The 2018-2019 USPAP Update. John was able to use his gregarious personality to engage the students in some very good discussions, and once again, the reviews were first-rate.
Just over two weeks ago, on June 22nd, we welcomed Randy Button, MAI, SRA, AI-GRS to Orange Beach to teach Compliance, Completeness & Competency. Many members of our Chapter first got to know Randy when he audited Review Theory General taught by Leslie Sellers, MAI, AI-GRS in January of 2017. Randy owns and operates an Appraisal Review and Consulting Company in Nashville, and has taught this seminar all over the southeast. There was a lot of good discussion amongst Randy and several bank reviewers in the audience. Randy’s materials, along with these discussions, will help both residential and commercial appraisers do a better job of preparing appraisals to meet strict review standards.
Following the seminar, we were entertained by Chapter member Ragan Lonnergan, MAI. Ragan is a very talented guitar player and musician that is always willing to perform for our group. It was great to see so many spouses and families come out and support the fish fry we had that evening. I had multiple people from outside of Alabama tell me “I wish our Chapter did something like this.” If you have not had the opportunity to attend one of our “family friendly” education offerings, please do so; I guarantee you and your family will enjoy it. After dinner we had a brief Chapter meeting where we recognized Mandell Tillman, MAI for receiving his AI-GRS designation. Although they were unable to make the trip to the beach, I am proud to announce that Reese Mallette recently received his AI-GRS designation and Jonathan Miles, SRA recently received his MAI designation. Conferring new designations on members, is one of the highlights of my presidential duties, and it has been great to see so many of our members earn their first and second designations in 2018.
The 2018 Appraisal Institute Annual Conference will take place in Nashville, Tennessee on July 30th – August 1st, and I am very pleased to report that there will be over 10 members of the Alabama Chapter in attendance. This is an excellent opportunity to engage with the thought leaders of our profession and see some outstanding presentations. This year is especially unique because it will be taking place so close to home. If you are interested in attending, but have not signed up, there is still time to be a part of this amazing event.
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.
In closing, I would like to remind everyone to please go online to the Appraisal Institute website and review the latest report from the Governance Structure Project Team. After you have had a chance to review their findings, please leave comments and let your thoughts be heard. This topic will be discussed by the Board of Directors in Nashville, and it is very important that we are proactive in providing feedback. Please keep in mind that you are not just a member in the Alabama Chapter, but you are also an integral member in our National organization.
I look forward to seeing you at an upcoming educational offering or Chapter meeting!
Roger Ball, MAI