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Al Board charts course for 2006 at Summer meeting.

Decisions on projects to be undertaken in 2006, working relationships with related professional valuation societies and scheduling for future conferences were among the matters the Appraisal Institute's Board of Directors addressed during its meeting in Seattle, July 10-12. In addition, the Board directed that a number of items be considered for deliberation in the next 45-day notice, in preparation for its next meeting, which will take place November 10-11 in Chicago.

The Board directed that nine new projects be included in the draft 2006 budget, which it will consider in November, including:

* exploration of new membership categories such as government, student, academic, reviewers, and vendors/clients and reevaluation of member benefit packages and privileges;

* developing shared interest groups (SIGs) offering members opportunities for exchange of knowledge, experiences and education on specific topics or areas of interest;

* program on conservation easement valuation; and

* program for adapting GIS technology to valuation applications.

Two research-related projects are on the list, one titled "Sharing the Environment Scan" that would gather and disseminate information on major issues affecting the appraisal profession, and another that would analyze the demand and opportunity for various valuation disciplines (real property, business valuation, machinery and equipment, etc.). Additional projects include one targeted at streamlining internal education processes; another regarding delivery of services at the national, chapter and regional levels; and one exploring effective ways of presenting education internationally.

The Board voted to change the current conference structure of one national educational conference per year to three to four educational conferences throughout the country each year that will be that will be coordinated with chapters and regions. "Superconferences" with other organizations will be held when possible. 2006 will be a transition year to the new conference structure. In addition to hosting the Pan Pacific Congress in San Francisco in September 2006, the Appraisal Institute plans to hold two educational conferences next year. Full implementation is expected in 2007.

The Board of Directors directed that a project team continue to work with representatives of the American Society of Appraisers and the American Society of Farm Managers and Rural Appraisers to study how we might work together, consistent with applicable laws, for the benefit of our members, the profession, and the public.

The Board approved funding to help underwrite a study by CREW Network of the current status of women in real estate. CREW Network seeks to advance women in commercial real estate and has a membership of more than 6,000 throughout the United States and Canada in the full range of commercial real estate disciplines.

For full Board highlights, visit & numbr=13/14#1456
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Publication:Valuation Insights & Perspectives
Date:Jun 22, 2005
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