An overview of the chapters activities so far this year - by Lianne Andreucci

Lianne Andreucci, Appraisal Institute

Since the first of the year, the Massachusetts and Rhode Island Chapters of the Appraisal Institute has seen steady membership growth. For 2016, the chapter has welcomed five new candidates and two new practicing affiliates. The chapter is averaging one designation per month with 4 new MAIs, 1 new SRA and 2 AI-GRS designations, a total of 7, through June 30. On the education front, the chapter’s trainee package, Basic Appraisal Principles, Basic Appraisal Procedures, and 15-hour National USPAP course saw a marked increase in attendance. Attendance at 7-hour USPAP offerings and continuing education programs has been strong.

Officers 2016: President - John Mello, SRA Vice President - Karen Friel, MAI Treasurer - Bud Clarke, MAI Secretary - Gregory Curtis, MAI

Chapter Membership:

As of July 15, the Massachusetts and Rhode Island Chapter has a total of 402 designated members, candidates, and affiliates.

• 159 active designated members;

• 60 candidates for designation;

• 87 practicing affiliates;

• 11 affiliates; and

• 85 retired, non-practicing dm, life, semi-retired.

Chapter Meetings

YTD & Planned:

• January 28 - First general membership/CE program: “New England Housing Market: 2016 Opportunities and Challenges.”

• May 9 - Second general meeting and election of 2017 officers, directors, and regional reps/CE. Program: “Hot Topics and Myths in Appraiser Liability” and spring chapter meeting.

• October 4 - What’s Next: 2017 Economic Insights and Capital Market Trends.

• October 13 - Third general meeting/CE program: “Reviews, Revisions and Revisiting our Responses.”

• October 24 - Annual New England Appraisers Expo.

• December 7 - Fourth general meeting/holiday meeting and installation of 2017 officers, directors and regional reps.

RI Branch Chapter Events

• March 29 - RI branch chapter meeting/presentation by Commerce RI.

• June 14 - RI branch chapter meeting and election of 2017 RI branch advisory board.

Other Chapter Activities

• August 10 - Annual Summer Social: Newport Harbor sailboat cruise with the Connecticut chapter and MBREA.

• August 10 - McKenney Memorial Golf Tournament to benefit the Hewitt and MBREA Kinsella Scholarship Funds at the Newport Golf Club.

Chapter Sponsorship Program

For 2016 the chapter updated its sponsorship program. To date, the chapter is pleased to have Platinum Partners, - Joseph J. Blake & Associates, Inc. and CB Richard Ellis/ New England and Silver Partners - Cushman & Wakefield and Vision Government Solutions.

Chapter Education

(QE/CE/AE/PD)

Completed Programs:

• February 3 - 6 - “General Appraiser Income Approach/Part 1”; Woburn, Mass.

• February 23 - 7-hour National USPAP update course; Warwick, R.I.

• February 24 - “Contract or Effective Rent: Finding the Real Rent”; Boston.

• March 3 - 7-hour National USPAP Update course; Woburn, Mass.

• March 9 - 12 - “General Appraiser Income Approach/Part 2”; Woburn, Mass.

• April 6 - 9 - “Basic Appraisal Principles [G/R] 30”; Braintree, Mass.

• April 25 - 26 - “Two-Day Advanced Income Capitalization/A”; Woburn, Mass.

• April 27 - “Supervisory Appraiser/Trainee Appraiser Course”; Waltham, Mass.

• May 5 - 6 - 15-hour National USPAP Course; Braintree, Mass.

• May 24 - “Residential Applications: Using Technology”; Warwick, R.I.

• June 14 - 7-hour National USPAP Update Course; Warwick, R.I.

• June 16 - 17 - “Real Estate Finance Statistics and Valuation Modeling”; Burlington, Mass.

• June 22 - 25 - Basic Appraisal Procedures; Braintree, Mass.

• June 29 - 7-hour National USPAP Update Course; Burlington, Mass.

• July 13 - “General Appraiser Market Analysis and Highest & Best Use - 16”; Burlington, Mass.

Upcoming Programs

• September 19 - “Business Practices and Ethics”; Burlington, Mass.

• September 21 - 24  - “General Appraiser Sales Comparison Approach”; Burlington, Mass.

• September 29 - 7-hour National USPAP Update Course; Burlington, Mass.

• October 19 - 22  - General Appraiser Site Valuation & Cost Approach; Burlington, Mass.

• October 27 - 7-hour National USPAP Update Course; Warwick, R.I.

• November 7 - “Drone Technology and Its Impact on the Appraisal Industry”; Woburn, Mass.

• November14 - 15 - “Litigation Appraising: Specialized Topics and Applications”; Braintree, Mass.

• November14 - 15 - “Litigation Appraising: Specialized Topics and Applications”; Braintree, Mass.

Lianne Andreucci is executive director of the Massachusetts and Rhode Island Chapter of the Appraisal Institute.