 | |
It is hard to believe we are already in the 2nd Quarter of 2022. Most real estate professionals are reporting being very busy right now due to strong market activity, but we hope that will not deter you from participating in some of the upcoming education and social activities that the Chapter is holding in the months ahead. We have some exciting things coming up and, as always, the only place to view a list of all the chapter’s activities in one place is our local chapter website: www.almschapter.org.
In national news just last week, Appraisal Institute President Jody Bishop, MAI, SRA, AI-GRS, CRE, testified before the House Committee on Financial Services addressing concerns on appraisal bias among other topics. For those interested, the links to his oral statement and written testimony can be found below.
Oral Statement on March 30, 2022
https://www.appraisalinstitute.org/file.aspx?DocumentId=2948
Written Testimony - March 29, 2022
https://www.appraisalinstitute.org/file.aspx?DocumentId=2947
Our educational offerings continue to help us grow as a chapter, and we are committed to providing the best education to our members.
We are excited to welcome back instructors, Ted Whitmer, MAI, AI-GRS, CRE, CCIM and Leslie Sellers, MAI, SRA, AI-GRS, who are both recognized nationally as being first in class educators in the appraisal profession.
Don't miss Ted Whitmer's 7 hour Staying Out of Trouble Seminar being held via ZOOM on May 3rd, 2022. It is a great chance to catch up on your CE as well as learn some invaluable lessons on what not to do!
We will be offering Fundamentals of Separating Real, Personal, and Intangible Business Assets on May 19th -20th at Rosewood Hall in downtown Homewood, AL. As this is our and in-person class, we will also be holding an "After Hours" event immediately after day 1 of this course on May 19th from 4:30 to 7 p.m. at Soho Social, located adjacent to the classroom venue. We are so looking forward to the return of these post-education social events that were so successful pre-COVID.
I am also looking forward to seeing everyone in Biloxi, MS June 10 & 11th for the in-person classroom offering - Inconsistency: It's Hiding in Plain Sight in your Appraisal. We will again hold an AI After Hours Social on the Harrah’s pool deck. Please come take advantage of this opportunity to reconnect with colleagues and network with other real estate professionals.
We also would like to thank Cushman & Wakefield, Colliers, Premier Appraisals & Valbridge for serving as sponsors for the summer meeting in Biloxi. There is still *time to become a Silver, Bronze, or Friends Level sponsor. Please consider this as it is a great opportunity to support the chapter - whether you are able to attend this in-person event, or not.
Since 1969, LDAC has served as a leadership and programming development for appraisers who are dedicated to the appraisal profession to formulate solutions to problems and challenges faced by the appraisal industry. Held annually in Washington, DC, LDAC also provides an opportunity for appraisers to meet with members of Congress regarding current issues facing the appraisal profession. We are excited to announce that we will be sending five representatives from our chapter to the Leadership Development & Advisory Council (LDAC) in May 2022. Our representatives are as follows:
- Christopher Alan Pettey, Jr., MAI
- W. Michael Brooks, MAI, SRA
- John S. Evans, MAI
- Tracy K. Wofford, MAI, AI-GRS
- Jason A. Garner, MAI
You may read more about our upcoming educational offerings and sponsorship opportunities in this newsletter. I hope to see you at a class or event very soon.
Respectfully Submitted,
Hayden Scott, MAI
2022 AL/MS Chapter President
*Deadline for sponsorship levels is April 30th, 2022
|
YOU could win a $600 Cash Prize Drawing!
It's Easy. *Here's How:
-
First, you must be - or - become a member of the Alabama/Mississippi Chapter of the Appraisal Institute in 2022.
- Next, you must attend 21 hours (or more) of the Alabama/Mississippi Chapter education offerings in 2022.
-
This will guarantee your name is entered into a year-end drawing for $600.
- Finally, you must be present to win, so please plan to attend the Alabama/Mississippi Chapter Holiday Party scheduled for Friday, December 2nd, 2022 at the Birmingham Country Club.
That's it!
We hope to see you on a ZOOM or in-person class soon.
* Please contact Myra Pitts with questions.
| |
Education & Events Schedule | |
Sponsorship Opportunities |  | |
The Appraisal Institute Alabama/Mississippi Chapter is delighted to invite you to sponsor our 2022 Summer Seminar entitled - Inconsistency: It's Hiding in Plain Sight in Your Appraisal being held in-person over the dates of June 10 & 11th, 2022 at the Harrah’s Gulf Coast Casino & Hotel.
The Alabama/Mississippi Chapter is one of 79 Appraisal Institute Chapters in the United States. One of our goals is to be a national leader in appraisal education and we are making steady progress in that direction. The Alabama/Mississippi Chapter endeavors to offer a wide range of courses and seminars on specialty topics. These programs are designed to address the needs of all real estate appraisers and serve to help industry professionals gain further insight and understanding of real estate valuation techniques and processes.
Our list of email addresses exceeds 5,000 and we are reaching appraisers in AL, MS, TN, AR, LA and FL. Regional exposure guarantees strong promotion and publicity for our top sponsors. We send out notifications of upcoming education on a regular basis. Join us in promoting excellence in the field and benefit from this exceptional opportunity to elevate your name recognition in today’s competitive marketplace. Below are our sponsorship levels:
| DEADLINE FOR SPONSORSHIP LEVELS IS APRIL 30th, 2022 | Tracy Wofford Appointed to Mississippi Appraisal Board |
Tracy Koby Wofford, MAI, AI-GRS has been appointed and confirmed to represent the state at large on the Mississippi Real Estate Appraiser Licensing and Certification Board for a four year term beginning January 1, 2022 and ending December 31, 2025.
Tracy is a Senior Director with Cushman & Wakefield of Georgia, LLC Valuation & Advisory office in Jackson, MS. She joined Cushman & Wakefield in 2019 to expand the valuation and advisory presence in Mississippi. Tracy has been in the appraisal profession since 1999. Prior to joining Cushman & Wakefield, she managed her own appraisal and consulting firm in the Mississippi market specializing in a wide variety of commercial and special use properties. Expertise includes, but not limited to, office, multifamily, industrial, retail, hospitality, mixed use, special use and land, as well as tax appeal and litigation support.
Tracy is a designated MAI, AI-GRS member of the Alabama/Mississippi Chapter of the Appraisal Institute and holds a certified general real estate appraiser license in Mississippi, Louisiana, Tennessee, and Arkansas. She also served as the University Relations Chair for the AL/MS from 2019-2021.
The ALMS Chapter is proud to have our own Tracy Wofford serving in this effective & extraordinary level and know that she will represent our organization well during her tenure on the board.
|  | The AL/MS Chapter features a "Member Spotlight" in each quarterly newsletter. The goal here is to recognize AL/MS Chapter Members' accomplishments across all career stages and to help members from AL and MS feel more connected by learning a little bit more about each other. |
Christopher Alan Pettey, Jr., MAI -
Christopher is a Partner with Pettey & Associates in Decatur, Alabama. Pettey & Associates provides a full range of appraisal services in North Alabama including commercial, industrial, agricultural, and residential valuation.
A graduate of Auburn University, he received a Bachelor of Science in Forestry with a minor in Business. After graduation, he worked for a timber company located in Leighton, Alabama where his primary responsibilities were buying timber, managing harvesting operations, and conducting inventory cruises. After working in the timber industry for two years, he decided to join the family appraisal firm in 2012.
As a third-generation appraiser, Christopher works with his father, Chris Pettey Sr., MAI, SRA and uncle, Rick Pettey, MAI, SRA. Encouraged by his family and designated members of the Alabama Chapter of the Appraisal Institute, Christopher immediately began working towards completing his advanced appraisal education and earned his MAI designation in 2017. As a member of a small appraisal firm, he completes a wide range of appraisal assignments including commercial, industrial, and agricultural property types. Additionally, he has completed a number of eminent domain appraisals.
Over the past five years, Christopher has served the Alabama Chapter of the Appraisal Institute as a member of the the Education Committee, Regional Representative, Board Member, and LDAC Delegate. He is currently serving as the Secretary for the Alabama/Mississippi Chapter.
Christopher resides outside of Decatur, Alabama, with his wife Meredith, three horses, and a Labrador named Kate. In his spare time, he enjoys riding with Mooreland Hunt, a local foxhunting club (Yes … the sport depicted in all the paintings hanging in people’s homes still exists.), hunting, and spending time outdoors.
| |
|
Appraisal Institute Reinstated as Sponsor of The Appraisal Foundation
On Friday, March 31, 2022, The Appraisal Foundation announced the Board of Trustees voted to reinstate the Appraisal Institute as an Appraisal Sponsor of The Appraisal Foundation.
“I am pleased the Appraisal Institute is rejoining The Appraisal Foundation as a Sponsor,” said The Appraisal Foundation President Dave Bunton. “Our organizations share a commitment to protecting the public trust in the appraisal profession, and I look forward to our renewed partnership. The Appraisal Foundation’s work would not be possible without our Sponsors. I thank all of them for their continued guidance and support of the Foundation.”
“The Appraisal Institute is very pleased to rejoin TAF as a Sponsor during this exciting and challenging time for the valuation profession,” said Appraisal Institute President Jody Bishop, MAI, SRA, AI-GRS. “Returning as a Sponsor allows our organization to immediately strengthen its ongoing collaboration with TAF in recent years and to amplify our joint efforts with other key stakeholders now and for years to come.”
The Appraisal Foundation now has fifteen Sponsors, including the Appraisal Institute. These Sponsors provide professional input to the Foundation’s Board of Trustees and the two technical boards charged with maintaining the standards and qualifications of the appraisal profession.
BACKGROUND: The Appraisal Foundation is congressionally-authorized to set standards and qualifications for real estate appraisers. It is governed by a Board of Trustees which oversees two additional boards, the Appraisal Standards Board and the Appraiser Qualifications Board, responsible for writing the standards and qualifications respectively.
|  | | | | |
