EDUCATION SCHEDULE

• 8:30 am – 12:30 pm
• 4 CE hours
• Developed & presented by Vincent M. Dowling, MAI, MRICS, SRA, M.Ed

Appraisal reports convey opinions and conclusions that are to be based on credible market support.  However, the reality is that this does not always occur.  USPAP requires the appraisal to have market support, sound reasoning and logic for adjustments in a comparison analysis, all components in a cost analysis and the multiple aspects of an income analysis.  This program will address the need for meaningful market analysis for properties that commonly transact and are located in relatively stable markets, using industry approved and peer tested techniques within the Six Step process.

We will focus on how this can be accomplished in an inferred market study. Market analysis precedes and is the underpinning of the highest and best use analysis and conclusion.  Many valuation reports convey opinions but often lack the underlying data and analysis to support the opinions and conclusions expressed in the report.  The underlying market data and its analysis is often poorly communicated due to clients requesting a quick turn-around time frame or the impact of other restrictions.

This program delves into all aspects of an Inferred market analysis which is the underpinning of a meaningful highest and best use analysis and conclusion.  Each step in the Six Step process will connect theory and practice to assist residential and non-residential practitioners in writing more complete and meaningful appraisals, regardless of the medium used to communicate the report.  The goal will be to offer pragmatic ways to comply with USPAP and allow clients and intended users to more fully understand all the work done by an appraiser.  The program is designed to show how USPAP and appraisal practice and theory can be presented in a succinct manner that will be meaningful to users while demonstrating the depth of research and analysis that trained and experienced appraisers bring to assignments.  The intent is to protect the general public and meet the obligation expected in this industry.

Email:  lisamayweiss@hotmail.com   Call: 856.415.0281

• 1:30 pm – 4:30 pm
• 3 CE hours
• Seminar developed & presented by Vincent M. Dowling, MAI, MRICS, SRA, M.Ed.

The program reviews the underlying risk factors that impact all real estate & the role of equity when acquiring and owning real property. Appraisal assignments generally seek to value the whole property as of an effective date and practitioners use the methods and techniques taught academically & gained while on-the-job. We will review factors that contribute to many factors including but not limited to overall & yield rates. It views investments from both the lender & equity investors positions.

     While the various types of risk will be discussed, tools used by lenders will also be reviewed. Salient issues such as loan-to-value ratios, breakeven analysis, sensitivity need to be addressed when valuing income producing property. While most of the program will be relevant for the general practitioner, many risk issues are confronted by residentially valuers.

     This short program will also focus on the role equity plays when evaluating the real property rights. The program looks at the appraiser’s responsibilities as its pertains to the role of equity under USPAP, Interagency Guidelines, and similar documents such as Florida Statutes Title XXXII Regulation of Professions and Occupations which are used to evaluate the reasonableness of an appraisal service.

Cancellation Policy

Questions?

CLICK HERE FOR A DOWNLOADABLE PDF OF ALL UPCOMING EVENTS.

• 14 CE hours + 1 hour exam       
• Check in begins at 8:15am
• Class starts at 8:30am                       
• Instructor: Vincent Dowling, MAI, SRA

The update to the Uniform Appraisal Standards for Federal Land Acquisitions was released by the Interagency Land Acquisition Conference in December 2016. This is the first update to the standards since 2000. The 2-day Appraisal Institute course not only provides a comprehensive review of the Uniform Appraisal Standards for Federal Land Acquisitions, 6th edition, it also includes critical instruction to those involved in federal land acquisition valuation assignments. The course walks you through case studies that demonstrate practical procedures and solutions. Whether you are an experienced appraiser who writes or reviews federal land acquisition appraisals or you are an appraiser interested in expanding your client base to include federal and state agencies and organizations, this course will show you how to apply the 6th edition of the Uniform Appraisal Standards for Federal Land Acquisitions in practice. A 1-hour exam is included.

While program materials will be supplied, you will need to download an electronic copy of the required text and bring it with you: the 6th edition of the Uniform Appraisal Standards for Federal Land Acquisitions. To download a free copy, click here.  A financial calculator is required. The accepted model used in the course is the HP-12C.

Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.

EDUCATION CREDIT: This course is approved in most states for continuing education credit including VA. For other states, visit Uniform Appraisal Standards for Federal Land Acquisitions: Practical Applications

Email:  lisamayweiss@hotmail.com   Call: 856.415.0281

• You must register by 6/16.
• Registration price includes buffet Italian dinner, meeting and speaker.
• Cash bar.
• There is no CE with this event — it’s just a great time with new and old friends!

Dinner speaker: Michael Cobb, Director of Market Analytics, CoStar

Mr. Cobb will deliver a macro level discussion on the current real estate market

Mike Cobb is a Director of Market Analytics with the CoStar Group. In his role, he identifies analytical trends throughout several Mid-Atlantic and Southeast metros, authoring written market and submarket reports for the CoStar Market Analytics platform.  Mike presents on market conditions to industry participants of all types, providing specific granular analysis down to the site level. He also works with local and regional news sources and has been quoted in publications throughout the country such as the Dallas Morning News, the Houston Chronicle, and the Richmond Times-Dispatch.  Cobb holds a bachelor’s degree from the University of Delaware and has been with CoStar for eight years.

Complimentary registrations are available for potential members.

Email Lisamayweiss@hotmail.com for more info on this opportunity! Current members – bring the most prospective members and earn a $50 voucher off your next educational event with the chapter! (Min.2 prospective members) Winner to be announced at the event.

Drive Shack Richmond

1647 Four Rings Drive,
Richmond, VA 23233

driveshack.com/locations/richmond

Please arrive in the Fairways room at
5:30 pm. The Italian dinner buffet will be available at that time. Our guest speaker, Mr. Cobb, will speak at 6, followed by the chapter meeting. Our time in the Fairways room wraps up at 7pm. At that time, you are welcome to join other guests and enjoy your own time in the golf bays!

Dinner includes antipasti salad, baked ziti, chicken parm, vegetable primavera, garlic bread sticks, chocolate chip cookies, and assorted soft drinks.

Click here for a downloadable PDF for this event.

• Check in begins at 12:45 pm
• Seminar is 1-5 pm   
• YOU MUST BE LOGGED ON BY 1pm TO RECEIVE CE CREDIT!
• Instructor: Frank Gregorie and Nicholas Pilz, MAI, SRA, AI-RRS

NOTE: The seminar’s intent is to meet the criteria set forth in the Virginia CE requirement in HB284 (fair housing and appraisal bias.) This is effective with everyone renewing a Virginia real estate appraisal license as of 7/1/2023.

This seminar is approved by the Virginia State Board for 4 CE hours and meets their bias training criteria. 

Applicable to General and Residential Appraisers as well as Users of Appraisal Services. This offering will review suggestions available to all Virginia appraisers that can be implemented in one’s current work to help minimize or alleviate such allegations by reviewing government requirements prohibiting discrimination in the valuation profession.

VIRTUAL CLASSROOM VIA ZOOM. Virtual Classroom-Live/Interactive Participation Guidelines: Students must have computer, webcam & microphone capability to participate & receive continuing education credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone please download the ZOOM app prior to offering. Please check your webcam privacy settings on your computer. If you have a Lenovo laptop, you must have the Lenovo Vantage App installed on your computer for webcam to work. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar and allow Virtual education in place of classroom education during the pandemic.

Contact the chapter with questions: lisamayweiss@hotmail.com

Cancellation Policy

Any & all cancellations are subject to an admin fee.  No credit/refunds for cancellations made on or after 7 days prior to class.  No credit/refunds for no-shows.

• 2 CE hrs2 CE hrs   
• Check in begins at 8:15 am;
• Seminar is 8:30-10:30am     
• Instructor: Lisa Meinczinger, SRA, AI-RRS

This is a 2-hour seminar designed to illustrate the changes to the FHA Handbook 4000.1.  Changes will be illustrated to the participants who will then have an opportunity to make necessary changes to their observation of the subject and the development/reporting of the appraisal report.

VIRTUAL CLASSROOM VIA ZOOM: Virtual Classroom-Live/Interactive Participation Guidelines: Students must have computer, webcam & microphone capability to participate & receive continuing education credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor.

A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone please download the ZOOM app prior to offering. Please check your webcam privacy settings on your computer. If you have a Lenovo laptop, you must have the Lenovo Vantage App installed on your computer for webcam to work. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar and allow Virtual education in place of classroom education during the pandemic.

Contact the chapter with questions regarding participation guidelines. Email Lisa Ann Weiss at lisamayweiss@hotmail.com

Cancellation Policy

• Check in begins at 8:15am
• Class starts at 8:30am    
• Room E201 in Eliades Hall on the Midlothian campus of Brightpoint Community College, formerly known as John Tyler Community College.     
• The most convenient lots are parking Lot A or D.  Also, there is handicapped parking right in front of the building.        
• Instructor: Robert Duke, MAI, AI-GRS

Business Practices and Ethics is an important course that provides information about standards and ethics requirements for valuers in general and, more specifically, for valuers who belong to the Appraisal Institute. Through discussion questions and examples, the class compares behavior and actions that illustrate violations of the Code of Professional Ethics, and participants learn how referrals can be made. Participants are also introduced to the Appraisal Institute Guide Notes to the Standards of Professional Practice and use these Guide Notes to resolve everyday appraisal practice problems. At the end of the course, they learn about common errors in appraisal reports and review reports, and they respond to questions about challenges that arise in appraisal practice such as requests for updates and requests to change or add intended users. These are common business practice issues that appraisers encounter in various assignments, including mortgage lending, litigation, and property tax appeal. Other real-life scenarios in the course illustrate less common business practice issues such as an appraiser’s obligation when illegal or criminal behavior is observed.

Course Materials Include:

• Course Handbook (239 pp.)
• AI Professional Practices Booklet Supplement (162 pp.)
• Make sure you have downloaded class materials PRIOR to class
• If you order (and ship) printed materials to you, make sure they arrive 1 week prior to class.
• Contact the national office if there is any issues at least one week prior to class.

Cancellation Policy

Any & all cancellations are subject to an admin fee. No credit/refunds for cancellations made on or after 7 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on the registration portal.

National Disclaimer

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.

CLICK HERE FOR A DOWNLOADABLE PDF OF ALL UPCOMING EVENTS.