Capital Update
August 31, 2010
Upcoming Education

September 23, 2010
Appraisal Curriculum Overview (Residential Only), Rockville, MD
Click here for details.

September 23-24, 2010 Appraisal Curriculum Overview (Residential & General), Rockville, MD
Click here for details.

October 14-15, 2010 - Uniform Appraisal Standards for Federal Land Acquisition, Rockville, MD
Click here for details.

October 26, 2010 - Real Estate Market Update - Tyson's Corner, VA
Click here for details.

December 9, 2010 - 7 Hour USPAP, Rockville, MD
Click here for details.

December 10, 2010 - Business Practices & Ethics, Rockville, MD
Click here for details.

Welcome New Members

Godwin Umeh
G&A Appraisal Concepts

Want to Boost Your Income? Become a Designated Member!

A statistically significant higher proportion of designated members earn more than $100,000 per year compared to associate members and nonmember appraisers. Click here for a salary comparison.


Click here to see how you can move from "Associate" to "Designated."

Job Openings


Position Title: MAI Appraiser


Employer: Signet Partners


Certification: MAI member. Attractive salary with full benefits in collegial work setting with predictable hours. Flex time with alternate Fridays off. FT Position - Downtown, Washington DC. Click here for details.


In This Issue

2011 AIDC Board Elections
Appraisal Curriculum Overview - September 23-24 - REQUIRED EDUCATION!
Real Estate Market Update
Memo from MD State Commission re USPAP Compliance
Expand Your Professional Network - Join an AI Community
New Members

Want to Boost Your Income? Become a Designated Member!
Job Openings

2011 AIDC Board Elections 


Congratulations to the following individuals who have been elected for the 2011 Board of Directors.


President  (Term Expires 12/31/2011)

Stephen M. Santora MAI   

Wells Fargo Bank


Vice President (Term Expires 12/31/2011)

Donald S. Boucher SRA

Boucher & Boucher, Inc.


Treasurer (Term Expires 12/31/2011)

Jerrold Harvey MAI

CB Richard Ellis, Inc.


Secretary (Term Expires 12/31/2011)

Jerry R. Adkins MAI

Wells Fargo Bank


Past President (Term Expires 12/31/2011)

John M. Lansbury MAI

Metropolitan Commercial Valuations


Director (Term Expires 12/31/2011)

James Donnelly SRA

J. Lee Donnelly & Son, Inc.


Director (Term Expires 12/31/2011)

David Fuller MAI

HVS International


Director (Term Expires 12/31/2012)

Dennis J. Duffy MAI

RCDH & Co.


Director (Term Expires 12/31/2012)

Robert G. Johnson MAI      

JMSP, Inc.


Director (Term Expires 12/31/2012)

Mark Lassere MAI

Concordis Valuation


Director (Term Expires 12/31/2012)

Mary L. Schweitzer

Bruce W. Reyle & Company, Inc.


Director (Term Expires 12/31/2012)

Thomas J. Shields MAI

Joseph J. Blake and Associates, Inc.


Director (Term Expires 12/31/2012)

Greg M. Worman MAI

CB Richard Ellis


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Appraisal Curriculum Overview - September 23-24

In addition to familiarizing you with the rigorous content and recent developments of residential and general applications covered in the new qualifying education courses required by the AQB, you will apply market analysis and highest and best use concepts and procedures to residential and general examples and problems. Also, cash flow tools, statistical analysis applications, and the breakdown method are applied. A self-assessment at the end of the day evaluates your appraisal strengths as well as determined skill areas in which to seek further knowledge.


  • SRA, RM Designated Members: During each continuing education cycle beginning January 1, 2007 or later, practicing residential Designated Members must attend the first day of the Appraisal Curriculum Overview (8 hours). They are encouraged to attend the second day to receive the full 15 credit hours.
    Click here for details and registration for Residential only program.
  • MAI, SRPA, SREA Designated Members: During each continuing education cycle beginning January 1, 2007, or later, practicing general Designated Members must attend the first and second day of the Appraisal Curriculum Overview (15 hours). Click here for details and registration for two-day Residential and General program.
  • Designated Members who have been granted “nonpracticing member” status are welcome to attend but are not required to do so.


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  • Real Estate Market Update

    Tuesday, October 26, 2010 * 4:00pm – 8:00 pm

    Crowne PlazaTysons Corner
    1960 Chain Bridge Rd.
    McLean, VA 22102
    Tel (703)893-2100

    Join the DC Metro Area Chapter of the Appraisal Institute for an update on the economic outlook for real estate in the Metro DC area. Attendees will receive an overall economic review as well as individual reports for the land, multi-family/condo, retail and office segments of the real estate market. Presenters will address current inventory, projected supply and demand and investment dynamics for each market segment.

    Don't miss this unique opportunity to hear from these key players,
    meet appraisal professionals from all around the region and enjoy a great meal!

    Kevin Thorpe - Vice President and Director of Research, Cassidy & Pinkard – General Economic Outlook
    Grant Montgomery – Vice President, Delta Associates – Multi-Family/Condo Market
    R. William Kent - Executive Vice President, CB Richard Ellis – Retail Market
    Eric Berkman - Senior Vice President, Grubb & Ellis Company – Office Market
    TBD Hotel Market

    3:30pm: Registration opens
    4:00 – 6:00pm: Presentations
    6:00 – 8:00pm: Dinner & Networking

    Registration Fee (includes dinner):
    $40 – AIDC Members (Paid by October 19; $50 thereafter)
    $60 – Non-Members (Paid by October 19; $70 thereafter)

    Click here to sign up today!

    N.B. This program was developed and is administered by the Appraisal Institute – DC Metro Chapter. Attendees are eligible to receive 2.0 hours of Appraisal Institute continuing education credit.

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    Expand Your Professional Network - Join an AI Community

    The AI Communities of Practice is a new member benefit available to all Appraisal Institute members. The AI Communities serve as a convenient, online meeting place for AI members with shared interests. As long as you have Internet access, you can login from any computer and:

    • Exchange news and share information with your colleagues.
    • Check the AI Communities' calendar to stay abreast of upcoming events.
    • Participate in online discussion boards.
    • Suggest a poll to your community facilitator.
    • Chat online – in real time – with other members of your Community

    Click here to get started.


    Associate Members: Please note that the Appraisal Institute is adhering strictly to the Regulation Nos. 1 and 2 requirement that all Associate members must complete the Appraisal Institute course Business Practices and Ethics as a part of their Standards and Ethics cycle requirements.

    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!

    Copyright © 2009 Appraisal Institute - Metro DC Chapter. All Rights Reserved.