Capital Update
March 19, 2014
2014 Education

April 8 – Valuation by Comparison: Residential Analysis and Logic – Silver Spring, MD Click here for details.

May 9
- Real Estate Finance, Value, and Investment Performance – Silver Spring, MD Click here for details.

June 2-7
Advanced Concepts & Case Studies (Co-Sponsored w/AIMD) - Linthicum, MD Click here for details.

June 25-27
- Condemnation Appraising: Principles & Applications – Silver Spring, MD Click here for details.

June 10
- Chapter Meeting  - Legislative Update - McLean, VA Click here for details.

October TBD
- IRS Valuation Summit – Washington, DC Details to come.

November 18-21 - General Appraiser Market Analysis and Highest & Best Use - Rockville, MD Click here for details.

November TBD - Chapter Meeting/Real Estate Update – Location TBD Details to come.

December 11
- 7-Hour National USPAP Update Course – Silver Spring, MD Click here for details.

December 12
- Business Practices & Ethics – Silver Spring, MD Click here for details.

View Appraisal Institute Education Nationwide

Congratulations New AI-GRS!

David C. Lennhoff, MAI, SRA, AI-GRS

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In This Issue
Valuation by Comparison - 7 Hours of CE on April 8!

Please join us at the Greater Capital Area Association of Realtors in Rockville, MD on Tuesday, April 8 to pick up 7 hours of CE and learn about the biases of human behavior and the psychology and logic behind the residential sales comparison approach.

Top-rated instructor, Mark Smeltzer, SRA will lead you through thoughtful debate on such topics as market value of actual sales, pending sales, new construction sales, expired listings and rejected offers.

This seminar will also explore the techniques used by appraisers to interpret, and then anticipate, the actions of buyers and sellers in today’s market. Participants will review the rationale behind buyers’ purchasing decisions, including why some buyers choose a certain property while others reject it.

Also discussed is how appraisal reports can serve as conclusive evidence of value in one market but not in another. In addition, Valuation by Comparison: Residential Analysis and Logic will detail gathering, organization, and analysis of data after collection. By evaluating indications of value from the home buyer’s perspective, participants will learn about a variety of approaches and resources available for gleaning indications of market value, as well as how to consider the logic and appropriate support of adjustments. At the conclusion of this seminar, participants will better understand many aspects of the sales comparison analysis of residential properties.

Note. The Valuation by Comparison: Residential Analysis and Logic book is included in the seminar registration cost.

Click here for details and registration.

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Other News & Info

45-Day Notice of Proposed Amendments to Appraisal Institute Regulation No. 3
At its May 2-3, 2014 meeting in Chicago, Illinois, the Appraisal Institute Board of Directors will consider proposed amendments to Appraisal Institute Regulation No. 3. The proposed changes concern College Degree Alternatives for Review Designations. The proposed changes are not expected to have any financial impact.

Click here to access the full text of the proposed amendments on the "My Appraisal Institute" page of the Appraisal Institute web site (after you login to My Appraisal Institute with your username and password, click on "News & Reminders" on the lower left side of the page). These documents are also available upon request to the National Office. 

If you have any comments on the proposed changes, please contact your elected Directors and/or send your comments via email to 45daynotice@appraisalinstitute.org .  Comments sent to this email address will be compiled for distribution to the Board of Directors prior to the Board meeting.

Information on CE Points System
AI provides a detailed explanation of the CE Points System for designated members including specific requirements and tracking procedures. Click here for details.

How Can Appraisers Develop and Grow Their Businesses?
In the organization’s latest video, the Appraisal Institute invited Donna L.G. Shaft, principal of Professional Business Development, a company that coaches professional service providers on how to develop their businesses and grow their companies, to offer tips for how appraisers can take their businesses to the next level. Click here to read more.

Click here to view video.

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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!

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301-924-1020 * www.appraisalinstitutedc.org

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