|
|
|
|
|
Course Description
8:00 am – Welcome & Introductions
SCCAI General Membership Mtg. & Election
Ernesto Lopez, MAI, AI-GRS – 2025 SCCAI President
William E. Jones, MAI, AI-GRS – IEMTS Chair
Economic Update
Christine Cooper, Ph.D. – Costar Group
Retail Market Overview
CLICK HERE TO JOIN ZOOM MEETING
Additional Information
This is a social event; NO CE for this event.
Program Description:
The SCCAI WIN Committee is glad to bring a lunchtime presentation called “meet the reviewers”. In this meeting we will feature three prominent local reviewers (Gazelle Wincher, Nicole Gilbert, Marian Lamb) to hear about their time as review appraisers for financial institutions. This meeting will be an opportunity to hear about best practices, gain takeaways on building professionally, and the near-term outlook for the bank reviewer role. This program is open to all, and you are warmly invited to join us.
Date: June 6, 2025
Time: 12 noon
Venue/Location: Zoom Meeting
Join Zoom Meeting
WIN Committee:
Ariana Arredondo ([email protected]),
Jennifer Hsu ([email protected])
Linda Whittlesey ([email protected])
Title of Presentation
What’s So Special About Special-Use Properties?
Insight on CA Evidence Code Section 824
Description of Presentation
The evidence an appraiser can rely on for litigation matters can be complex, particularly when the property being appraised involves a special use. In this presentation, Andrew and Eric will discuss Evidence Code 824, its background, the criteria involving what constitutes a special use property, and a case study involving the condemnation of a cross in the Bay area.
Course Description
Over the last 40 years the way we work has changed enormously, but the next 40 years promise even greater change as we live through the AI (Artificial Intelligence) Revolution. Instead of gathering data and manually analyzing it new technologies have the ability to do some of the analysis for us, quickly and routinely doing the calculations that we have done manually for many years. AI will enable appraisers to do thing faster and with greater precision than we ever thought possible. Of course, with the potential comes the peril – dangers lurking in the shadows we must carefully consider in this time of rapid growth and change. Two appraisers with a deep knowledge of AI – and experience in using it – will help us better understand the potential of AI for use in the world of appraisal. Justin Gohn, MAI, SRA is an independent appraiser in Philadelphia who is certified in Pennsylvania, Delaware, and New Jersey. He owns his own appraisal firm, Gohn & Co., and is President of the Philadelphia Metro Chapter of the Appraisal Institute. Chandra Mast is a Pennsylvania State Certified General Appraiser and a Candidate for Designation in the AI. She owns her own appraisal company and has also taught classes in residential valuation to realtors. Both appraisers make extensive use of AI in their respective practices.
Course Overview:
1. Intro to AI – what is it? How does it differ from ways we have used technology in the past?
2. Ways AI can streamline the appraisal process – from synthesizing facts to analyzing data quickly and accurately.
3. AI suitability for residential and commercial appraisals.
4. Other applications – identifying potential clients
5. Dangers of AI – pitfalls and perils
6. Coming Soon – what new technologies are under development?
7. Time for discussion/questions
This fundamental review course that all reviewers of assignments involving income-producing and other nonresidential properties should have in their educational background. It is a required course for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS, Appraisal Institute General Review Specialist). At the core of this course is the review process. Participants explore the seven steps outlined in this process as they apply to nonresidential properties. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness to develop reconciled opinions of appropriateness and credibility. The material provides a refresher on key valuation skills often required of reviewers, such as measuring financial feasibility in highest and best use analysis and various applications of the income capitalization approach. In addition, the course covers reporting reviews for income-producing property and the use of commercial review report forms, narrative reports, and oral review reports. Participants will gain practice in writing a scope of work statement for three types of assignments. They will also develop a template for a narrative review report on a property type of their choice (office, retail, apartment, etc.). By taking this course, participants will gain invaluable confidence in the fundamentals of review through the review process, which is the core of this course. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness in order to develop opinions of appropriateness and credibility. By taking this course, participants may gain invaluable confidence on the fundamentals of review.
Course Description
Session Learning Objectives:
Understand upzoning definitions
Assess how upzoning local & national legislation impacts the appraisal process
Apply HBU to upzoning assignments
Identify appraisal workfile requirements
NEW SEMINAR!
In this seminar, you will gain a basic understanding of the global short-term rental market plus increased awareness about the impact of STRs and the emerging methods, or best practices, required to develop credible valuations of this property type.
Event Information
Zoom Log in opens at 8:15 AM – Class Starts at 8:30 AM
Photo Verification: REQUIRED
As part of the required attendance monitoring, all students need to provide the Chapter Office with a copy of your Driver’s License in advance of the offering.
• Simply take a picture of your DL with your phone or send a scanned copy to [email protected] (please feel free to block sensitive information; I need to see your name and your picture)
• Registrants who have not yet forwarded their photo IDs will be ineligible for credit and will be prohibited from attending the seminar
Required Equipment
It is the student’s responsibility to have the required equipment – dependable Internet access, computer, webcam and microphone. As noted in the material section below, some registrants who opt not to print out the seminar materials may find a secondary device (Ipad, cell phone, laptop or desktop computer) helpful during instruction.
• A webcam is required. The instructor and/or session monitor must be able to see each of the students and verify that they have access to the seminar materials throughout the presentation. If you do not have a camera on your computer, they are available at BestBuy and other online retailers starting at around $30.
• Webcams must remain on throughout the offering. Those who turn off their webcams jeopardize receipt of CE credit. No camera = no credit.
• Joining the offering with a cell phone is not recommended as these devices often lead to connection problems. Cell phones are better utilized solely as a secondary devise.
• Students must be able to see and be seen. They must be able to view the instructor’s PowerPoint, and follow along in handbook all at the same time, while the instructor sees them.
This course synthesizes the three approaches to value, examines their applications, and helps you apply basic and advanced valuation techniques. Case studies teach you how to address common but complex appraisal issues, including a leased fee not at market rent, a proposed property, a property in a market not at equilibrium, and a subdivision. The course emphasizes the need to test the reasonableness of all the conclusions in an appraisal.
Note. This is primarily a synthesis course, not a review course. Like all advanced education courses sponsored by the Appraisal Institute, the course naturally reviews many concepts taught in previous courses. However, it includes some new material and does not include a complete overview of the other courses. Therefore, Advanced Concepts & Case Studies should not be considered an adequate review for the comprehensive exam. To prepare for the comprehensive exam, participants must review all four advanced education courses, as well as basic concepts from qualifying education for certified general real property appraisers.