News: Connecticut

Time to get those continuing education hours in Connecticut

Orange, CT The biennial continuing education cycle for licensed appraisers in the state of Connecticut is nearing completion, as license renewals are due by April 30th.  The 7-hour national USPAP and 3-hour CT Appraisal Law Update with Supervisory/Provisional Appraiser Education are required as part of the 28-hour CE requirement. 

The CT chapter of the Appraisal Institute has a variety of educational offerings to meet your CE requirements. We look forward to serving your educational needs.

Upcoming CE Offerings include:

Introduction to Land Valuation (3 Hours)

Instructor: Vincent Dowling, MAI

Date: March 16

Time: 9:00 am. - 12 noon

Location: Courtyard by Marriott, Orange

Fee:  $75 - AI professionals; $85 non AI professionals.

Describing and quantifying land valuation is a required component in many real estate appraisals. It can be vacant or improved. The program will review land’s physical and legal characteristics considered by appraisers and offer several new techniques such as soil review and GIS data which may help real estate practitioners define its utility which ultimately impacts land value. Land use and its value are elements in a highest and best use analysis.

The importance of understanding factors that drive demand for land and characteristics that impact its utility will be discussed. General discussion will address various concepts and the use of examples will help clarify the concepts discussed. The program allows a wide spectrum of real estate practitioners to revisit established concepts and explore new ideas in identifying utility such as density estimates which ultimately impacts the value for land.

The program is designed for both residential and commercial real estate practitioners. It was designed to help strengthen existing skills and improve weaknesses in preparing credible appraisal services. The use of straight forward examples will help anchor new and established concepts and procedures thereby strengthening skills to better serve the client. 

Developing a Supportable Workfile (3 Hours)

Instructor: Vincent Dowling, MAI

Date: March 16

Time: 1:15 - 4:15 p.m.

Location: Courtyard by Marriott, Orange

Fee: $75 - AI professionals; $85 non AI professionals.

This program is designed for both residential and commercial real estate practitioners. The educational experience will review USPAP requirements and how the requirements can be met. The program will explore a variety of alternatives when discussing what is expected in a work file, and what is meant by supporting documentation.

Attendees will strengthen existing skills and improve weaknesses by exploring the concept of documented support. The program will stress the need to gather market support, apply sound logic in analyzing market data rather than simply relying on an often overused term, the practitioner’s opinion. Suggestions will be offered on how to meet the “supporting documentation” requirement. Discussion will include how to respond and what to prepare when an appraiser receives a letter from a review agency requesting their work file.

Educational awareness will be enhanced by an active presentation format which involves the attendees’ participation, use of straight forward examples, and fostering a safe environment to ask questions.  The program’s goal is to expose attendees to techniques which will strengthen their skills, improve their analysis, and better serve their clients while complying with USPAP, a widely accepted measure of credibility.

CT Appraisal Law Update w/Supervisory/Provisional Appraiser Education (3 Hours)

Date: March 16, 2016

Time: 5:30 - 8:30 p.m.

Location: Courtyard by Marriott, Orange

Fee:  $40 AI professionals; $60 non AI professionals.

CT Appraisal Law Update w/Supervisory/Provisional Appraiser Education (3 Hours)

Date: March 30

Time: 2 - 5 p.m.

Location:  Webinar

Fee: $40 AI professionals; $60 non AI professionals.

Drone Technology and Its Impact on the Appraisal Industry  (4 hours – currently approved for 3 hours State of CT Real Estate Appraisal Commission – application pending for 4)

Date: April 18

Time: 1 - 5 p.m.

Location: Casa Mia at the Hawthorne, Berlin

Fee: $95 AI professionals; $120 non AI professionals.

Seminar topic: This four hour seminar is to serve as an introduction to drone technology and its impact on the Appraisal Industry. The course will introduce attendees to different applications of the technology which could benefit in producing a credible and supportable appraisal report. Attendees will learn the FAA’s rules and regulations that are currently in place and will learn about exemptions for commercial usage and be provided guidance to the application process. Attendees will be exposed to a case study which was developed to show the potential uses in the real estate appraisal practice. And finally, attendees will gain a basic knowledge of the different types of drones available and their variety of uses.

Presenter: Lamar Ellis, III, MAI, SRA. Ellis is an approved Appraisal Institute instructor and is president of Aerial Real Estate Solutions, LLC, a residential and commercial real estate firm in Atlanta, Georgia. Ellis has also formed the company, Drone NOIR, LLC, which provides news, opinions, information and reviews on the commercial drone industry. In keeping up with the new FAA proposed rules and regulations, he is becoming an educational leader in the drone technology industry.

CT Case Studies in Ad Valorem Taxation Litigation (2 hours – application pending)

Registration to open shortly

Date: April 18

Time: 6 - 8 p.m.

Location: Casa Mia at the Hawthorne, Berlin

CT Appraisal Law Update w/Supervisory/Provisional Appraiser Education (3 Hours)

Date: April 21

Time: 9:30 a.m. - 12:30 p.m.

Location:  Webinar 

Fee: $40 AI professionals; $60 non AI professionals.

For additional information and to register please visit www.ai-ct.org.

Additionally, the Appraisal Institute has a variety of online education to help meet your CE needs visit www.appraisalinstitute.org.

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