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Capital Update
May 20, 2016
In this issue...

Workshop Re-Cap

Call for Contributions: Valuation magazine

Newly Designated Member

Coming Education

Regional News

Job Openings
Coming Education

September 16 - The Discounted Cash Flow Model: Concepts, Issues, and Applications

October 6-7 - Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets

November 4 - FHA Appraising for Valuation Professionals: FHA Single Family Housing Appraisal Requirements

December 15 - 7-Hour National USPAP Update Course

December 16 - Business Practices & Ethics

Also coming in 2016 (dates/locations TBD)

Development or Class B Real Estate Update (& Chapter Dinner)

Dodd-Frank: Options and Obstacles for Appraisers

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Career Opportunities Workshop & Chapter Dinner Recap

Metro DC area appraisers convened at the the Sheraton Hotel in Beltsville, MD to share networking techniques and explore career opportunities. Molly Skipper, Associate & Networker Extraordinaire with Valbridge Property Advisors, described a variety of channels through which appraisers can connect with prospective employers/customers such as real estate industry events and social media channels like Linked-In. She then guided a series of lively discussions around conversation starters and effective follow-up practices both newbies and seasoned professionals can put to work to get more work.


A panel of area employers then shared their perspectives and practices in the recruitment, training and management of trainees as well as experienced appraisers. While all recognized the growing need for fresh faces in the industry, there was a consistent refrain that trainees are an expense few employers can afford to cover. Suffice to say, getting over the appraisal profession's barriers to entry will demand grit and determination, but there is a substantial upside for those who succeed.

 

Employer Panel (L to R):
David H. Brooks, MAI, Executive Vice President, Valbridge Property Advisors
Robert C. Clark, MAI, SVP, Chief Appraiser, Pacific Western Bank
John Libeg, MAI, National FMV Appraiser, U.S. General Services Administration


AIDC President Bob Johnson, MAI, capped the evening off with an overview of current and upcoming chapter programs and events followed by the presentation of his newly acquired AI-GRS certificate to Steve Studabaker, MAI, AI-GRS (on left in photo).



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Valuation Magazine: Call for Content Contributions

Jay W. Schneider,  Executive Editor for Valuation magazine is researching three topics and looking for AI professionals who could be interviewed about one of the topics below.
  1. Agrihoods.” New housing developments that incorporate a working farm. For example, instead of houses clustered around a golf course, they’re clustered around working farm land. I’m very interested in hearing from appraisers who know about these projects and/or have worked on them. (For more information, here’s an article on the developments: http://bit.ly/1qiwC96).
  2. Self-storage projects. This is a booming market.
  3. Sea ports. Many ports are expanding, acquiring land and building warehouses. I want to hear from appraisers who have experience with these unique projects.
If you'd like to contribute, please contact Jay at 312-335-4459 or JSchneider@appraisalinstitute.org.

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Regional News Click here for more....

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Online Education: Learn at your own pace anytime, anywhere. Top-notch Appraisal Institute courses and seminars come straight to your desktop with online education! Learn from any computer anywhere, whenever you have time. It’s easy, convenient and a great way to get the education you want. Check out the current course listing now!

Our mailing address is:
Washington DC Metro Area Chapter of the Appraisal Institute
c/o Mariner Management
11804 Bare Sky Lane
Columbia, MD 21044

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