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Capital Update
November 6, 2012
Upcoming Education

December 13 - 7-Hour National USPAP Update Course - Rockville, MD Click here for details.

December 14 - Business Practices and Ethics - Rockville, MD Click here for details.

View Appraisal Institute Education Nationwide

Congratulations New MAI's!

Matthew A. Smith, MAI
Sidney V. Tidwell, MAI

Welcome to New Members!

Lidia Gertseva
Peter Sayres Rawlings, Jr.

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Help Strengthen Our Profession: Designated Members as Candidate Advisors

Are you interested in helping to grow the ranks of designated members? If so, you can help Candidates for Designation by becoming an Advisor for Candidates. Key roles and responsibilities for Advisors are as follows:

  1. To know the basic requirements for the MAI and/or SRA designations.
  2. To have regular contact (at least quarterly) with the Candidate in person, via phone and/or via email;
  3. To respond to the Candidate’s questions, concerns, and requests as appropriate;
  4. To encourage and help the Candidate with creating achievable timelines for completing designation requirements;
  5. To monitor the Candidate’s progress towards designated membership on the timelines created and to encourage the Candidate to be accountable for meeting such timelines;
  6. To encourage the Candidate to complete all designation requirements and become a Designated Member;
  7. To guide the Candidate to appropriate resources, such as Appraisal Institute admissions staff members and information on the Appraisal Institute web site;
  8. To coach the Candidate through active listening, observation and support;and
  9. To encourage the Candidate to manage his/her own learning.

For more information, go to the advisor information section of the Candidate for Designation portion of our website at this link.

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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.

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In This Issue
Real Estate Update – Wednesday, November 14

Real Estate Update:
ECONOMIC OUTLOOK FOR METRO DC REAL ESTATE
2013 AND BEYOND

Wednesday, November 14, 2012 * 3:30pm – 8:00 pm

Sheraton National Hotel
900 South Orme Street
 Arlington, VA 22204
(703) 521-1900

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 commercial finance, 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:

  • Grant Montgomery – Vice President, Delta Associates – General Economic and Multifamily Outlook
  • R. William Kent - Executive Vice President, CBRE – Retail Market
  • Stephen "Dek" Potts, Jr. - Senior Managing Director, HFF – Office Market
  • Mike Yavinsky - Executive Vice President, Jones Lang LaSalle Americas, Inc. – Commercial Real Estate Finance

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

Registration Fee (includes dinner):
$45 – AIDC Members (Paid by November 13; $55 thereafter)
$60 – Non-Members (Paid by November 13; $70 thereafter)

Click here for additional details and registration.

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AIDC Member Appraises White House, Monticello and and Mount Vernon!

The Wall Street Journal reached out to AIDC member, Dennis Duffy, CEO of RCDH & Co., to estimate how much would it cost a candidate to buy his way into the White House...if it were for sale! Click here to read the full story.

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Candidate for Designation Program - Congratulations to Candidates to Date!

Congratulations to our Candidates for Designation to date!

Darrell R. Adams
James M. Audas, Jr.
Marshall A. Burke
William E. Culbertson
Bruce H. Davis, Jr., SRA
Alisa R. Delice
James M. Dorey, Jr.
Gary Dove
Phillip C. Elliott
Derek Fisher
Courtney Vance Griffith
Joseph A. Grouby
W. Scott Gudely
James B. Hooper
Thomas P. Hundley
Fred Irby, IV
Carolyn Kakareka
Darryl L. Kearney
William A. Kittilstad
Sandra L. Lassere

Mark M. Marden, SRA
Lawrence I. McGuire, Jr
Mark Daniel Milbrath
Philip A. Mottola
Joseph E. Nassau
Ehiosu P. Omorodion
Francis O. Omorodion
Greggie D. Pascual
John G. Pinto
James H. Pugh, III
Christopher B. Roberts
James A. Ruffner
Mary L. Schweitzer
Michael A. Seetin
Scott A. Shepherd
Rita E. Spence
Joseph Tamres
Nomi Taslitt
Denise R. West, MAI
Peter A. Wolman

Take advantage of this great opportunity to increase your market value. Click here and follow the link titled "Sign Up". 

When January 1st hits, AI's database will automatically begin differentiating between Designated members, Candidates, Practicing Affiliates, and Affiliates.  If you have ANY interest in pursuing designated membership, we ask that you complete the Candidate election form now.  Enrolling early helps everyone.  Even if you are on track for becoming designated by the end of the year, please go ahead and fill out the form.  FYI... The December 2012 Comp Exam will NOT be graded until January 4th, 2013, so don't fall between the cracks. 

We're here top help, so please don't hesitate to contact us if you need any assistance along the way.

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Online Education: Learn at your own pace anytime, anywhere.
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AIDC
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301-924-1020 * www.appraisalinstitutedc.org

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