|
|
|
South Carolina Chapter Appraisal Institute
CHAPTER NEWSLETTER
2nd Edition 2020
|
|
|
|
|
|
Eric Goodwin, MAI, President
South Carolina Chapter Appraisal Institute
 To say the year 2020 has not gone according to plan would be an understatement. When I sat down to write my President's message for the first quarter newsletter, I was, much like you, excited about the start of the new year and the promise of new opportunities. Little did we know that before the end of the first quarter "new opportunities" meant learning how to participate in virtual meetings via Zoom, spending quality time with the family, and shopping for masks and gaiters.
I am proud of the efforts of the SCAI board and membership at adapting to meet the challenge we were presented. We lobbied and sent a letter to the Governor's office requesting that appraisers be deemed "essential". We were successful in achieving this request. Education was to be a primary focus for the chapter due to 2020 being a renewal year. Upon receiving approval for virtual offerings, USPAP and several continuing education classes were held via Zoom allowing the membership to stay on track for their renewal requirements. The COVID shutdown also caused the cancellation of our second and third quarter in person meetings. Losing the opportunity to network and fellowship together, especially over hot BBQ and cold beverages at Lake Murray hurts the most. However, we did have good participation virtually for the third quarter meeting, where we decided that it would be in our best interest to cancel the in person option for our fall meeting. Though uncertainty is still prevalent, we are lining up opportunities for our first quarter meeting in January, hopeful that the turning of the calendar may allow us to gather together in person. Condolences are extended to the Griffin family after the recent passing of Ralph Griffin, MAI, AI-GRS. Ralph was a longtime member and leader in the SCAI chapter and also served at the national level. We will miss Ralph. I am thankful for the efforts and participation of the SCAI board in meeting multiple times virtually over the past months. Candid conversations were held and difficult decisions were made to assist the health of the organization. I want to say a special thank you to our Executive Director, Suzanne Brockway, who has been instrumental in facilitating the virtual education offerings and the virtual meetings. We could not have survived without her patience and tireless efforts.
|
|
4th Quarter South Carolina Chapter Meeting
November 5, 2020
LOCATION
SCHEDULE
November 5, 2020
8:30 a.m. - 11:30 a.m. - Seminar
11:45 a.m. - 12:30 p.m. - Chapter Business Meeting
REGISTRATION
"How Can SC Commercial & Residential Appraisers Meet the
Demand for Evaluations?"
Q4 Chapter Business Meeting
|
Appraisal Concepts Refresher During COVID-19
by K.C. Conway, MAI
Director of Research & Corporate Engagement
The stock market's volatility during COVID-19 with greater than 2% up then down patterns is reflecting investor confusion over valuations. That same uncertainty over stock and bond valuations extends to commercial real estate. Thirty-five years of experience, combined with a legacy of growing up in a real estate developer family, has ingrained in me the principle that "when markets depart from fundamentals, valuations get distorted and corrections soon follow." This week's WIN examines this risk related to commercial real estate valuations. Three fundamental concepts rooted in appraisal theory dating back nearly three-quarters of a century can serve as valuable during COVID-19 as they have through every previous disruptive cycle since the 1970s. The difference today is we have history and established valuation principles to lean on to avoid the valuation mistakes of prior real estate crises.
Appraisal Concept #1 - Market Value:
|
|
How Can SC Commercial & Residential Appraisers Meet the Demand for Evaluations?
Zoom Live Webinar
November 5, 2020
About the Seminar
How can appraisers meet the evaluation needs for bank clients in South Carolina and other surrounding states? This thought-provoking seminar explores how South Carolina licensed appraisers can perform Evaluations that do not comply with the Uniform Standards of Professional Appraisal Practice (USPAP). Evaluations are products outlined in the Interagency Appraisal and Evaluation Guidelines (IAEG - December 2010). The seminar reviews the history of Evaluations and explains the reason financial institutions use this product. Also, it will take the attendees item-by-item through Evaluation requirements and the end result will be an example of an Evaluation Report. Since many states require licensed appraisers to comply with USPAP, even for Evaluations, the seminar will discuss how South Carolina licensed appraisers can prepare Restricted Appraisal Reports (RARs) efficiently and effectively.
Seminar Instructor/Developer
George R. Mann, MAI, SRA, AI-GRS, AI-RRS, Aiken, SC
Schedule (Eastern Time)
Zoom Check In, 8:00 a.m. - 8:30 a.m.
Live Presentation 8:30 a.m. - 11:30 a.m.
Location
Zoom Live Stream Virtual Classroom zoom.us
Continuing Education
This seminar is approved for 15 AI CE Points. We have applied for 3 hours continuing education credit with the Georgia and South Carolina Real Estate Appraisers Boards, for this virtual classroom offering. 100% attendance is required for credit and will be verified throughout the day. Note, it is the student's responsibility to verify their state(s)' approval of this live stream virtual method of delivery.
Important: Please note that not all states have approved Virtual education; therefore, registrants MUST CHECK their individual states for approval BEFORE registering for the program. Before registering for the program, registrants understand and agree that continuing education credit for this program MAY NOT be available in their state on the date of the program. The Appraisal Institute is not responsible if credit is not available for the program in individual states. Please note: state exceptions for virtual education may expire PRIOR to the offering date.
REGISTRATION & DETAILS FOUND HERE
| |
|
|
This seminar was developed by an outside party. The Appraisal Institute Chapter made arrangements for the Third-Party to offer the Program with the intent of addressing topic(s) based on a certain chapter or local need for such topic, solely educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program and does not endorse the Program or its content.
The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The Appraisal Institute does not publish examination review materials. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.
This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.
| |
|
2021 Meetings
2021 meetings, events, and education plans are in suspense due to the pandemic. We will keep AI Professionals apprised as Chapter Board decisions progress, based on AI and CDC guidelines.
|
|
|
Seminar
|
Hours
|
Date
|
Instructor
|
Location
| |
How Can SC Commercial & Residential Appraisers Meet the Demand for Evaluations?
|
3
|
11/5/20
| George Mann
MAI, SRA,
AI-GRS | Live Virtual Classroom
via Zoom.us |
|
In Memory of Ralph Griffin, Jr., MAI, AI-GRS
It is with great sadness that we send notice that Ralph Griffin, Jr., MAI, AI-GRS, passed away on September 5, 2020. Ralph significantly contributed to the Appraisal Institute at the Chapter, Region, and National levels, as well as our profession, for decades and will be greatly missed. Ralph received the Region IX Distinguished Service Award in 2015, among many other awards and recognition.
Marion Ralph Griffin, Jr., 67, died Saturday, September 5, 2020 in Venice, FL, where he had relocated with his wife of 21 years, Robin Griffin. A native of Spartanburg, SC, and resident for over 65 years, he was born June 7, 1953 to the late Marion Ralph Griffin and Jeanette McKay Griffin.
A graduate of Clemson University, with a B.S. in Building Construction, from where he additionally earned a master's degree in Management, he was the president of Marion R. Griffin and Company for over 20 years. He was a member of the Appraisal Institute for 45 years and held the Appraisal Institute MAI and AI-GRS designations. Additionally, he was active in the leadership of the SC Chapter of the Appraisal Institute for over 30 years. His chapter level service includes Chapter VP 1996, Chapter President Elect 1997, & Chapter President 1998. His national/regional service to the Appraisal Institute included National Nominating Committee 2002, National Board of Directors 2001-2006, 2009-2012. He was awarded the Appraisal Institute's President's Award in 2007 & 2010. He served as President of the Clemson University Real Estate Foundation in 2003 & 2007 and was awarded The Appraisal Institute's prestigious Lifetime Achievement Award in 2016. He also held Certified General Real Estate Appraiser licenses in Texas, North Carolina, and South Carolina. Most importantly, he went beyond the call of duty in respect to love and provision as a father and husband. He is survived by his wife, Robin Griffin, his two sisters, Patricia Griffin and Suzanne Griffin, and his brother Steve Griffin, (Dana); his six children, Myles Griffin, Cameron and his wife Meredith Griffin, Alex Griffin, Joshua Czarnecki, Brendon Czarnecki, and Brittany Czarnecki; and three grandchildren, James, Skylar, and Chandler. He will be greatly missed by his loving family, friends, and the real estate profession.
|
The Appraisal Institute Education and Relief Foundation (AIERF) was born out of the 2018 union of the AI Education Trust and AI Relief Foundation in order to most effectively and efficiently serve real estate appraisal professionals now and into the future.
For more than 50 years, the Appraisal Institute Education Trust (AIET) fostered the advancement of the real estate appraisal profession and played a critical role in supporting valuation education. AIET supported a vast range of initiatives, from world-renowned resources such as the Y.T. and Louise Lee Lum Library, to programs that will help secure the future of the valuation industry, including research grants and scholarships.
Since the formation of the Appraisal Institute Relief Foundation (AIRF) following the 2005 Gulf Coast hurricanes, more than $300,000 in emergency financial assistance has been provided to appraisers and other individuals in need.
Looking to the future, the AI Education and Relief Foundation will continue to seek opportunities to support and promote the profession of real estate valuation and the individuals who comprise the profession.
Visit aierf.org for more information. Check this site for the scholarship application deadlines.
|
|
Data Sharing & Employment Opportunity Forums
Visit the Chapter's website for data sharing requests and employment opportunities. CHECK IT OUT HERE. Please note that utilizing the forums requires the user to setup an account by creating a User ID and Password.
Follow Us on Chapter Social Media!
Back to top
|
|
Congratulations New 2020 Designated MAI Member!
Robert V. Sheehan, MAI
Appraiser - Real Estate Division
US Army Corps of Engineers, Savannah District
After completing initial training in 2005 and working for several years in residential real estate appraisal, Robert Sheehan, MAI accepted a position with the Right of Way Division of the Virginia Department of Transportation in 2008. Within that role, he gained experience in the field of eminent domain and appraising partial acquisitions. In 2012, Rob received an opportunity to relocate with his wife and newborn daughter from Northern Virginia to coastal South Carolina to begin work with Fred H Beck & Associates of SC. Under the guidance of Fred Beck, MAI and a team of other appraisers and MAIs, Rob undertook a broad assortment of commercial appraisal assignments including retail centers, office buildings, industrial properties, residential subdivisions, special uses and a variety of types of land. Presently, in his role with the US Army Corps of Engineers (USACE), Savannah District, Rob appraises and reviews appraisals of interests for military and civil works projects throughout the Southeast US, the Caribbean and the Middle East. Rob and his wife, Tasha, are fortunate to have four amazing kiddos that ensure their life is as full as it could be. When they're free, you'll find them digging in the garden, swimming and padding at the creek or camping and hiking along South Carolina's park trails.
Back to top
|
|
Welcome New 2020 AI Professionals!
Candidates for the MAI
| Robert J. Colucci | | George D. Yannimaras |
Practicing Affiliates
| Peter Boland | | Darren J. Bouknight | | Michael Stuart Burdett | | Casey Huff | | Grant Turner | | Anne Wyman |
Student Affiliate
|
|
"2020 State of South Carolina Economic Summit" held at
the Graduate Hotel, Columbia, SC
January 16, 2020
|
|
|
2020 South Carolina Chapter Leadership
OFFICERS
Eric Goodwin, MAI - President
Sarah Guthrie, MAI - Vice President
Anton "Trey" Sedalik, MAI - Treasurer
Shaun Payne, MAI - Secretary
DIRECTORS
James Martin, MAI - Immediate Past President
Christina Harjehausen, MAI
H. LeGette (Lee) Parker, Jr., MAI
Jody Odom, MAI, AI-GRS
Pledger "Jody" Bishop, MAI, SRA, AI-GRS (Ex Officio)
REGIONAL REPRESENTATIVES
Sarah Guthrie, MAI
Tony Martin, MAI
Shaun Payne, MAI
ALTERNATE REGIONAL REPRESENTATIVES
Luciana Areheart, AI-GRS
Marshall "Clark" Truluck, MAI
Andrew Stoddard, MAI
|
|
|
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!
|
| |
|
|
|
