Capital
Update
July 2009
http://www.appraisalinstitutedc.org
Capital Update is a service of the DC Metro Chapter
of the Appraisal Institute.
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Spotlight
Real Estate Market Update - September 10 in Tyson's Corner
AIDC News
In Remembrance: William S. Harps
AIDC
Member Courtney Griffith Awarded Scholarship
Volunteer Opportunities still Available
- Make the Most of Your Membership
Build Your Brand and Business with an AIDC Sponsorship
AI
News
Earn discounts on your 2010 National
Dues
More Discounts for AI Members!
Continuing Education
Mark your Calendar for These Fall Seminar/Events
REAL ESTATE MARKET UPDATE
ECONOMIC
OUTLOOK FOR METRO DC
Clyde's of Tysons Corner
8332 Leesburg Pike Vienna, VA 22182
Telephone: (703) 734-1901
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!
Speakers:
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
Schedule
Registration Fee (includes dinner):
$40 - AIDC Members (Paid by September 3; $50 thereafter)
$60
- Non-Members (Paid by September 3; $70 thereafter)
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.
Click here to register
AIDC
News
In
Remembrance - William S. Harps
It
is with great sadness that we announce the passing of William S. Harps
at age 92. Mr. Harps made great contributions to the Appraisal Institute
both locally and nationally. He was the first African American
Congratulations to Courtney who was recently awarded the Minorities and Women Regional Scholarship to attend the General Appraiser Income Approach/Part 2 on 08/24/2009 - 08/27/2009 sponsored by the Maryland Chapter. The scholarship is for $500. Courney is employed with Joseph J. Blake & Associates in Washington, DC.
Volunteer Opportunities Still Available - Make the Most of Your Membership
By volunteering, you can...
- Expand your professional network
- Broaden your perspective
- Enhance your skills
- Build your resume
- Make a difference for your profession
- Make a difference for yourself!
"Don't ever
question the value of volunteers. Noah's
Click
here to learn how you can make the most of
your membership and AIDC!
Build
Your Brand and Business with an AIDC Sponsorship
Take
this opportunity to promote your name and/or business to the entire
Metro/DC appraisal community by taking advantage of these AIDC sponsorships:
- Course
Sponsor:
AIDC offers 10-12 courses per year. Course sponsors will have their
company name and website link on all listings related to the course
offering including listings on the AIDC website as well as in the
AIDC monthly newsletter and periodic course promotions. Course sponsors
may also provide brochures for distribution to registrants onsite
at the course.
- Event
Sponsor:
AIDC offers 3-4 events per year. Event sponsors will have their company
name and website link on all listings related to the event including
listings on the AIDC website as well as in the AIDC monthly newsletter
and periodic event promotions. Event sponsors will be recognized at
the event and may also provide brochures for distribution to registrants
onsite at the event.
- Newsletter
Sponsor:
AIDC publishes an electronic newsletter 10-12 times per year. The
newsletter is emailed to up to 1,000 appraisers in the metro DC region.
Newsletter sponsors will have a 120x90 pixel banner in which they
can place their company logo or very brief message. Banner will include
a link to the company website.
- Website
Sponsor:
With options of 3, 6, 9, or 12 months, your company's banner will
be displayed on all pages of AIDC website.
To
take advantage of these opportunities, click on AIDC
Sponsorship or call 301-924-1020.
AI
News
Earn
discounts on your 2010 National Dues.
Know
someone who could benefit from an AI membership? Would you like to save
on your National Dues? From June 17 through September 30,
you can receive up to 20% savings*
on your 2010 national dues.
Just
refer up to four new members and earn a 5% discount for every member
who joins by the deadline.
Here's how
it works:
- Step 1: Download the Member Referral cards and fill in your first name, last name and phone number on each card.
- Step 2: Hand out your referral cards to potential new members.
- Step 3: When a new member enters your name as the referring member in the membership application form, you'll earn 5% off your 2010 National Dues.
For more information about the
referral program, visit www.appraisalinstitute.org/referral,
and begin
earning your discounts now!
Questions? Contact the AI Service Center
at 888-7JOINAI or aiservice@appraisalinstitute.org.
*Does not apply
to Chapter Dues.
More
Discounts for AI Members!
AI
Members can now save over 25% on Select FedEx Services
The Appraisal Institute is now working with FedEx to provide discount
shipping options to its members and chapters! Highlights include up
to 26 percent savings on select FedEx Express U.S. services and select
FedEx Express international services, as well as up to 12 percent savings
on select FedEx Ground services and up to 10 percent savings on select
FedEx Home Delivery services. To view the special URL and passcode required
for this member benefit, visit the FedEx page.
The discounts are automatically applied to a user’s FedEx account number
once they have enrolled in the FedEx Advantage Program. Furthermore,
there are no costs and no minimum shipping requirements to take advantage
of this great member benefit.
Continuing
Education
This timely new seminar will discuss the correct use, pitfalls, and procedures used in valuing residential real estate in markets shifting from appreciation to depreciation.
- Upon completion of the seminar, participants will be able to:
- Recognize the "general" sources of market information that may give indications of market trends.
- Recognize a declining market in a local market when it occurs
- Measure the losses in value in the local markets.
- Apply the measured rate change in the analysis using the cost approach.
- Apply the measured rate change in the analysis using the income capitalization approach.
- Apply the measured rate change in the analysis using the sales comparison approach.
- Recognize current and new creative financing plans for financing of real estate.
- Measure the impact on the sale prices of real estate due to these creative financing plans.
Event Details:
Instructor:
Mark V. Smeltzer,
Location: The
Universities of Shady Grove,
Attendance Hours: 7.0
Registration
Fee: $ 75.00 AI Members; $ 195.00 Non-members:
After
For more information and to
register on-line, click here.
Mark your Calendar for These Fall Seminar/Events
The DC Metro Chapter Education committee is proud to announce the upcoming fall events:
- TBD -
For more details, be sure to
visit the DC Metro Area Chapter Website.
Click the links below
to view offerings from our regional Appraisal Institute neighbors to
the North and South.
Maryland Chapter
Hampton Roads Chapter
Stonewall Jackson Chapter
Virginia Commonwealth Chapter
**Keep up to date on upcoming training
classes and seminars by visiting the DC Metro Area Chapter Website.