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The Appraisal Institute continues to support the valuation profession across the globe.

THE APPRAISAL INSTITUTE WAS UNUSUALLY ACTIVE ON THE INTERNATIONAL FRONT DURING SEPTEMBER AND OCTOBER, 2005, WITH EVENTS IN 11 COUNTRIES--from presenting valuation training to attending valuer conferences.

September was a busy month as the fourth year of basic licensing courses began in Turkey through Istanbul University. In addition, Mark Bates, MAI, and Jim Vernor, MAI, completed work with their partners in Egypt on adapting the Appraisal Institute's new residential licensing courses to the Egyptian market. Also, the sixth year of designation-track courses began in Seoul, Korea, and the MAI Comprehensive Exam was offered for fifth-year Korean students.

The Appraisal Institute continued its work in Mexico during September and October. In cooperation with the American Society of Appraisers Mexico Chapter, David Lennhoff, MAI, SRA, presented the Appraisal Institute's first education offering to a sold out crowd in Mexico City. In October, in Aguascalientes, Mexico, President-Elect Richard Powers, MAI, SRA, Franklin Flato, MAI, AI Ambassador to Mexico, and Kern Slucter, MAI, SRA, presented copies of The Appraisal of Real Estate, Spanish edition, to the chapter presidents of the Federation of Valuation Colleges, Institutes and Societies at their annual conference.

Also in October, Wayne Nygard, MAI, AI ambassador to Germany, represented the Appraisal Institute at the Expo Real commercial real estate show in Munich, and made several presentations to Germans interested in investing in U.S. real estate. Also in Europe, Appraisal Institute President Bruce Kellogg, MAI, and Roman Cherwonogrodzky, associate member and AI Ambassador to Ukraine, attended the 11th Central European Real Estate Associations Network conference in Kiev, where Kellogg signed a bilateral cooperation agreement with the Ukranian Society of Appraisers. Continuing to push for a unified global profession, Immediate Past President Gary Taylor, MAI, SRA, represented American valuers at the World Association of Valuation Organizations meeting in Bucharest, Romania. In addition, Lance Dore, MAI, and Barbara Hanley, MAI, SRA, taught programs on marina and golf course valuation for the Department of Lands and Surveys in Cyprus.

The Appraisal Institute was represented at a joint conference of the China Institute of Real Estate Appraisers and Agents, Hong Kong Institute of Surveyors and the International Federation of Surveyors, Commission 9. During the October conference, held in Xian, China, each attendee was given a copy of the new Chinese translation of The Appraisal of Real Estate, 12th Edition, as well as a brochure promoting the MAI designation and the December start of designation-track education sponsored by the Appraisal Institute Education Trust.

And, finally, on October 30, Joe Vella, MAI, was installed as the chairman of the International Valuation Standards Committee at its fall meeting in Rio de Janeiro, Brazil, Appraisal Institute Past President Brian Glanville, MAI, will take over as the Appraisal Institute's representative to IVSC during Vella's term as chairman.

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And to support the rebuilding after the tsunami, the Appraisal Institute made arrangement for 190 valuers in Indonesia to take the Valuation of Detrimental Conditions seminar at no cost through AI's Online Education starting November 1.

by Bill Endsley, Appraisal Institute Manager, Business Development
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Title Annotation:INTERNATIONAL SPOTLIGHT
Author:Endsley, Bill
Publication:Valuation Insights & Perspectives
Date:Sep 22, 2005
Words:505
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