https://www.rac.net/blog daily 0.75 2026-02-12 https://www.rac.net/blog/feb-2026-townhall monthly 0.5 2026-02-12 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/bc6ae50c-b14e-4abc-bee3-c90de6ae6e60/Jerry+Yurek.jpg Blog - RAC Town Hall Meeting - February 16, 2026 - The AQB Update will be an interactive discussion of the following: · AQB Exposure Draft of Proposed New Criteria AQB Concept Paper on Skills-Based Pathway AQB Concept Paper on Examination-Only Pathway Gerald “Jerry” Yurek has served on the Appraiser Qualifications Board (AQB) of The Appraisal Foundation since January 2020. He is currently the Chair of the AQB, following his tenure as Vice Chair from 2023–2024. Before joining the AQB, Jerry spent more than twenty years on The Appraisal Foundation’s Industry Advisory Council, including service as Vice Chair and Chair from 2017–2020. For the past fifteen years, Jerry has been Senior Vice President and Chief Appraiser at PNC Bank, N.A., where he oversees nationwide residential valuation and collateral risk strategy. His responsibilities include leading risk mitigation efforts, advancing data driven valuation analytics, and establishing policy and regulatory guidance. Jerry is a state certified residential appraiser in Ohio and Kentucky and is based in Cincinnati. He brings nearly forty years of experience spanning appraisal, appraisal review, appraiser management, and collateral risk management. https://www.rac.net/blog/nov-2025-townhall monthly 0.5 2026-02-02 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1695234332747-2QGV66BV2R2DSG7RR0VP/Craig+Gilbert+-+Copy.png Blog - RAC Town Hall Meeting - November 18, 2025 - “How to Dress for Success” in the Courtroom. Everything from appearance to your actions in the courtroom. Mr. Gilbert began his appraisal career in 1975. He has almost 49 years of valuation experience in residential and non-residential properties and various ownership interests, including partial or fractional interests. He is a qualified Expert Witness. Mr. Gilbert has extensive experience in Litigation Support as a valuation Consultant, Subject Matter Expert and Expert Witness in many State and Federal Cases. Some cases involve Appraisers, Sellers and Real Estate Agents as Defendants. Testified in State and Federal Courts and in Depositions on numerous types of cases in California, Nevada and Texas, beginning in the 1980's. Testified as an Expert Witness in Mediation and Arbitration Hearings. Court Appointed 730 Expert by the State of California Superior Court Mr. Gilbert’s 2 largest litigated Civil cases involved initial claims by Plaintiff of $300 million in each case involving appraisal and review fraud and negligence Published author of multiple articles with international distribution Instructor of multiple valuation seminars & courses on behalf of the Appraisal Institute, Society of Real Estate Appraisers, RAC, WERC, Community Colleges, George Dell / Valumetrics and the State of California Dept of Financial Institutions https://www.rac.net/blog/welcome-new-members-july2023 monthly 0.5 2025-07-15 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/b0ff5ad1-7328-4599-9b89-eec8feb238d2/Baldwin+HeadShot.jpg Blog - WELCOME NEW MEMBER: John Baldwin https://www.rac.net/blog/jason-tillema-class-2025 monthly 0.5 2025-06-16 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/8e0abfff-b274-4c6a-9346-176640caca77/Jason+tillema.jfif Blog - Developing & Analyzing Residential Market Conditions - with Jason Tillema Residential real estate markets are dynamic and often exhibit fluctuating trends that can significantly influence appraisal outcomes. In many cases, contract prices may exceed list prices, or market behavior may appear inconsistent with historical norms. Understanding how to analyze and interpret these shifts is critical for producing credible and well-supported appraisal reports. This course explores methods and techniques for identifying and analyzing market conditions, emphasizing their importance in the appraisal process, especially during periods of significant change. Participants will learn how to develop and support reasonable adjustment amounts using sound data analysis, even when market behavior appears atypical. This seminar is designed to strengthen the analytical skills of residential appraisers by improving their ability to recognize, interpret, and apply market trends effectively within the appraisal process. Attendees will leave with a deeper understanding of how market conditions influence value conclusions and how to communicate these impacts within their reports. Learning Objectives: Identify key components of a comprehensive market conditions analysis Demonstrate multiple techniques for conducting trend analysis Understand and explain how market conditions influence appraisal conclusions Method of Instruction: Instruction will be delivered through a combination of PowerPoint presentations and Excel-based exercises. The course includes both theoretical concepts and practical applications related to developing and analyzing market condition data. Thursday, July 10, 2025 | 1:00 - 5:00 PM EST This class will be administered via Zoom. Once payment is received, the Zoom link will be sent to your email. REGISTER NOW! https://www.rac.net/blog/appraisal-buzz-june2025 monthly 0.5 2025-06-03 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1115cb47-c40a-40d4-904a-be742f4e854b/Ernie+Durbin.jpg Blog - Brains, Bytes, and Bracketing: Why Appraisers Need Both Carbon and Silicon in Their Toolkit - Ernie Durbin RAC Member Ernie Durbin pens an informative piece for Appraisal Buzz: Brains, Bytes, and Bracketing: Why Appraisers Need Both Carbon and Silicon in Their Toolkit. Ernie Durbin is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. He holds the prestigious CRE designation from The Counselors of Real Estate and the SRA and AI-RRS designations from the Appraisal Institute. Durbin has contributed to various special projects, including the Appraiser Diversity Initiative (ADI). He received the 2018 Valuation Visionary award from the Collateral Risk Network (CRN) and serves on the Real Property Valuation Committee for the National Association of Realtors. In his private practice, Durbin focuses on complex residential valuation challenges. He is married to Velina and has four children. https://www.rac.net/blog/june-2025-townhall monthly 0.5 2025-11-11 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/b5a35d46-6c22-4fd3-82e8-7a536a086386/Joe-head-shot-2023.jpg Blog - RAC Town Hall Meeting - June 26, 2025 - "Appraisal Soup-Let’s Talk” A thought-provoking conversation for many of us, this Town Hall session will dive into a variety of current topics in our profession: AI Lawsuit, do you still believe in your designation and AI? Why or why not? GSE complaint increases, do these all need to go to the States? (No, I can address this with some facts.) GSE Form changes, for better or worse? A two-sided coin. Bias and Discrimination, is it a thing? 2023 = over 34,000 complaints (DOJ, HUD) filed but not one legal decision by judge or jury yet or a state agency acting. (Colorado case is a fraud case though it started as Discrimination.) PAREA and PATHWAYS, will the flood gates open? Where are all the applicants and why? Joseph Palumbo, SRA, ASA, CTA is the Chief Operating Officer for Worth Valuations Services, Inc. Prior to Worth, he was Vice President of Real Estate Service at Weichert Workforce Mobility where he was employed since 2007. He was responsible for managing North American home disposition for relocating employees which includes appraisals, home inspections, and property resale. He was also responsible for developing and implementing best practices for property disposition. Joe has been involved in the real estate industry since 1986, as a staff appraiser with World Savings, eventually moving to management at CitiBank and Washington Mutual. In 1991 to 1999, he was self-employed. Joe is a published author for several industry magazines. An instructor since 1995, Mr. Palumbo specializes in teaching USPAP. He is one of 405 AQB certified instructors out of 75,000 appraisers in the United States. He has been selected by the Appraisal Institute from a small panel of qualified instructors to teach internationally. He has presented classes in Beijing, China and Mexico City, Mexico. Joe has an SRA designation from the Appraisal Institute where he has served his local chapter as Public Relations Chair, Education Chair and Board Member. He also has an ASA designation from the American Society of Real Estate Appraisers. Joe is a past adjunct faculty member for NYU and Baruch City College in NYC. Joe is also a licensed Relator and certified tax assessor in the state of New Jersey. In March 2011, he was appointed to the NJ State Appraisal Board by Governor Christie, and he has served since including President for three terms in his tenure. https://www.rac.net/blog/turley-june2025 monthly 0.5 2025-06-02 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/ee7ef885-7888-4c7b-ab05-d2e9c484b8cf/Turley.jpg Blog - Luxury Appraiser Juggles Multiple Home Redevelopments - Andrew Turley featured in the Phoenix Business Journal Nice article on the spec homes (6 totalling +$75M coming out of the ground) we have in our portfolio. One way to leverage your knowledge from valuations expertise / RAC “iron sharpens iron” education and network of the best appraiser in the USA is to get into development space. I think it’s especially critical given our background as RAC appraisers given we know better than most market participants of forecasting values and understanding intrinsic value in residential paradigm. Appraiser Andrew Turley developing luxury spec homes - Phoenix Business Journal https://www.rac.net/blog/feb-2025-townhall monthly 0.5 2025-06-02 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/b11a2da3-c5aa-4875-a48a-94a6def1890a/Ernie.jpg Blog - RAC Town Hall Meeting - February 13, 2025 - Using ChatGPT in your Everyday Appraisal Practice Large language models like ChatGPT are now a staple in business. How can appraisers use an artificial assistant to do mundane tasks and help them analyze information? Join us in this webinar for a hands-on demonstration of some tasks that can be made easier with ChatGPT. Also learn about the potential drawbacks of using ChatGPT in valuation. Although the session will be led by Ernie Durbin, there will most likely be other power users in the seminar. Listen to their collaboration on the topic as well. Ernie Durbin is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. He holds the prestigious CRE designation from The Counselors of Real Estate and the SRA and AI-RRS designations from the Appraisal Institute. Durbin has contributed to various special projects, including the Appraiser Diversity Initiative (ADI). He received the 2018 Valuation Visionary award from the Collateral Risk Network (CRN) and serves on the Real Property Valuation Committee for the National Association of Realtors. In his private practice, Durbin focuses on complex residential valuation challenges. He is married to Velina and has four children. https://www.rac.net/blog/turley-jan2025 monthly 0.5 2025-06-02 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/ee7ef885-7888-4c7b-ab05-d2e9c484b8cf/Turley.jpg Blog - Special Guest: Andrew Turley of Phoenix Valuations - Andrew Turley featured on the Carol Royse Real Estate Show Phoenix Valuations has been providing the highest quality appraisals in the Phoenix Metropolitan area for more than 20 years - Learn more at PhoenixValuations.com Check out RAC Member Andrew Turley, featured on the Carol Royse Real Estate Show. Fast forward to the 12-minute mark to listen to his interview. https://omny.fm/shows/the-carol-royse-real-estate-show/original-air-date-1-26-25-special-guest-andrew-tur https://www.rac.net/blog/welcome-new-members-jan2025 monthly 0.5 2025-07-15 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/94db2fad-8641-4e44-8dba-f9cba74a932f/Steve+Kahane.JPG Blog - WELCOME NEW MEMBERS: Steve Kahane, John Kidd, Jr., SRA & David English https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/ef156134-9c90-44cb-8d66-7d182bea24ce/John+Kidd.jpg Blog - WELCOME NEW MEMBERS: Steve Kahane, John Kidd, Jr., SRA & David English https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/73cfd88c-bade-4cd8-9a2f-19aefa87b386/english+2.png Blog - WELCOME NEW MEMBERS: Steve Kahane, John Kidd, Jr., SRA & David English https://www.rac.net/blog/jan-2025-townhall monthly 0.5 2025-01-23 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/8e0abfff-b274-4c6a-9346-176640caca77/Jason+tillema.jfif Blog - RAC Town Hall Meeting - Jan 23 - Market Conditions (Time Adjustments) to Support the new GSE Requirements This townhall will illustrate how to determine the adjustments necessary for each of the comparable sales included in your report and how to insert the illustrations. Jason Tillema is a Certified Residential Appraiser and co-owner of Access Valuation and Education Resources, located in the Indianapolis, IN market. As a REALTOR and valued member of MIBOR, Jason also proudly served as the Appraiser Representative on the MIBOR Board of Directors from 2014 to 2016. His expertise extends to being a designated member of both the Appraisal Institute and the American Society of Appraisers, where he held the position of President for the Hoosier State Chapter of the Appraisal Institute in 2014. Currently, Jason holds a pivotal role as a member of the Appraisal Institute's newly established Residential Appraiser Committee, contributing his wealth of knowledge to further elevate the appraisal profession. With an impressive career that began in 1997, Jason has been a prominent figure in the Central Indiana market, catering to diverse residential property types. He proficiently handles assignments for various purposes, including mortgage-related matters, as well as non-mortgage scenarios like Divorce, Estate, and Litigation cases. In addition to his appraisal expertise, Jason has been an approved instructor with the Appraisal Institute since 2014, and he earned the distinction of being an AQB approved USPAP instructor in 2018. As a testament to his dedication to advancing the profession, he has designed and conducted numerous classes and seminars for Appraiser Continuing Education. https://www.rac.net/blog/president-messge-nov2024 monthly 0.5 2024-11-28 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/68e0544f-0c04-483d-90d9-4a5072c904ff/Lisa+Meinczinger+headshot.JPG Blog - RAC President’s Message - Lisa Meinczinger - Gulden Happy Fall! It has been a whirlwind since the conclusion of our annual conference in October. The conference was a resounding success, with outstanding attendance and the invaluable opportunity to network and reconnect with colleagues and friends. The lineup of presenters was exceptional, offering highly informative sessions. Michael Jackson, Linda Nesper, Kevin Felder, and Howard Decena provided insightful updates on the relocation industry and how changes to broker-buyer compensation are impacting the relocation process. Craig Steinley and Scott Dibiasio covered appraiser modernization, PAREA, and broader topics in appraisal. Scott Reuter and Lyle Radke discussed the much-anticipated UAD redesign, while Craig Gilbert and Kathryn Yukevich presented timely and engaging litigation topics. LaTasha Posey delivered a vital update on upcoming tax issues for 2025 and entertained us with the humorous question of whose closet—hers or Mr. Posey's—was larger. Brian Reynolds presented a compelling class on diversifying appraisal practices, while Joe Palumbo, Mark Gronke, and Jessie Ruckel led a pivotal panel on AMC dynamics, reminding us of the good and bad players in the space. A heartfelt thank you to all who attended and presented at the conference. Your participation is what makes this event truly special. A special thanks to our sponsors: Fidelity Residential Solutions, Worth Valuation Services, OREP Insurance, LIA, Appraisal Institute Trust, Appraisal Institute North Texas Chapter, Appraisal Institute, LaTasha Posey, Appraiser eLearning, and Ebby Halliday. Your sponsorship and support are essential to RAC’s success. The TAFAC meeting took place in Crystal City, WV, on November 17–18, 2024. On the 17th, the CARE (Council to Advance Residential Equity) addressed the HUD billboards and explored ways to better educate the public on the mortgage loan process, from application to closing. Brad Sweeney, Chair of the Appraiser Qualifications Board, shared updates on exploring alternative paths to entry, including potentially replacing the college degree requirement. PAREA was a key focus, with program participants achieving a 100% state exam pass rate. The foundation is optimistic, with over 4,000 individuals expressing interest and significant progress through the Pathway to Success scholarships. The Appraiser Standards Board discussed the use of Artificial Intelligence in appraisal reports, covering how to report it, competency requirements, and associated liabilities. They are also working on the next 7-hour USPAP update and assembling the next round of standards. As we look forward to an exciting year ahead, let us take time during the holidays to focus on what truly matters—our families and the moments that bring joy. This year has been a reminder to prioritize the important things and tune out the noise. Wishing you a happy, safe holiday season. Be well and take care! You can find the 2024 Conference Recap here. https://www.rac.net/blog/appraisal-buzz-practical-implications monthly 0.5 2024-08-23 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1115cb47-c40a-40d4-904a-be742f4e854b/Ernie+Durbin.jpg Blog - The New UAD: Practical Implications - Ernie Durbin RAC Member Ernie Durbin pens an informative piece for Appraisal Buzz, The New UAD: Practical Implications. Click on the link to view the article. Ernie Durbin is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. He holds the prestigious CRE designation from The Counselors of Real Estate and the SRA and AI-RRS designations from the Appraisal Institute. Durbin has contributed to various special projects, including the Appraiser Diversity Initiative (ADI). He received the 2018 Valuation Visionary award from the Collateral Risk Network (CRN) and serves on the Real Property Valuation Committee for the National Association of Realtors. In his private practice, Durbin focuses on complex residential valuation challenges. https://www.rac.net/blog/appraisal-buzz-dont-borrow-trouble monthly 0.5 2024-08-23 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1115cb47-c40a-40d4-904a-be742f4e854b/Ernie+Durbin.jpg Blog - The New UAD: “Don’t Borrow Trouble” - Ernie Durbin RAC Member Ernie Durbin pens an informative piece for Appraisal Buzz: The New UAD: “Don’t Borrow Trouble.” Click on the link to view the article. Ernie Durbin is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. He holds the prestigious CRE designation from The Counselors of Real Estate and the SRA and AI-RRS designations from the Appraisal Institute. Durbin has contributed to various special projects, including the Appraiser Diversity Initiative (ADI). He received the 2018 Valuation Visionary award from the Collateral Risk Network (CRN) and serves on the Real Property Valuation Committee for the National Association of Realtors. In his private practice, Durbin focuses on complex residential valuation challenges. https://www.rac.net/blog/jason-tillema-adjustment-class monthly 0.5 2025-06-16 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/8e0abfff-b274-4c6a-9346-176640caca77/Jason+tillema.jfif Blog - Developing & Supporting Residential Appraisal Adjustments - with Jason Tillema Developing reasonable and supportable adjustment amounts has always been one of the key factors which separates an appraiser from others in the real estate profession. This course highlights some of the more common methods and illustrates ways to develop reasonable and supportable adjustment amounts in an efficient manner. This is a 3.5-hour seminar designed to help participants improve their abilities to develop and support reasonable adjustments in the Sales Comparison Approach to Residential Appraising. The learning objectives are to: Recognize why developing reasonable and supportable adjustments is necessary. Demonstrate methods for supporting adjustments. Illustrate the importance of adjustments in the reconciliation. July 18, 2024 | 1:00 - 5:00 PM EST This class will be administered via Zoom. REGISTER NOW! https://www.rac.net/blog/appraisal-buzz-forms-to-reports monthly 0.5 2024-06-03 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1115cb47-c40a-40d4-904a-be742f4e854b/Ernie+Durbin.jpg Blog - From Forms to Reports: A Look at the UAD Overhaul - Ernie Durbin RAC Member Ernie Durbin pens an informative piece for Appraisal Buzz: From Forms to Reports: A Look at the UAD Overhaul. Click on the link to view the article. Ernie Durbin is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. He holds the prestigious CRE designation from The Counselors of Real Estate and the SRA and AI-RRS designations from the Appraisal Institute. Durbin has contributed to various special projects, including the Appraiser Diversity Initiative (ADI). He received the 2018 Valuation Visionary award from the Collateral Risk Network (CRN) and serves on the Real Property Valuation Committee for the National Association of Realtors. In his private practice, Durbin focuses on complex residential valuation challenges. https://www.rac.net/blog/april-2024-townhall monthly 0.5 2024-04-23 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/fd63a104-a531-4abc-abaa-7128269899cc/Head+Shot.jpg Blog - RAC Town Hall - April 19, 2024 Betsy Hughes, SRA, AI-RRS is a State-Certified Residential Appraiser, a designated member of the Appraisal Institute, and owner of BK Appraisal Services. Her primary services include residential real estate appraisal services throughout the Hampton Roads area of Virginia and Northeastern North Carolina. She specializes in appraising beach houses and high efficiency homes. Betsy currently serves on the Appraisal Institute Education and Relief Foundation board. Over the past 10 years she has served in all positions on the board of the Hampton Roads Chapter of the Appraisal Institute including chapter President in 2019. She is the current President of RAC (Relocation Appraisers and Consultants) after serving on the board for six years. She was the Appraisal Committee Chair for the Hampton Roads Realtors Association and was the President of the National Association of Women Business Owners (NAWBO) of Southeastern Virginia in 2014-2015. https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/7a411872-8c3f-4781-af47-1ae601a345f5/Jason+Ferris+1.jpg Blog - RAC Town Hall - April 19, 2024 Jason L. Ferris, MAI, SRA is the principal owner of Bell Ferris, Inc., fka Lin Bell & Associates, Inc. Jason is licensed in Kentucky, Indiana, and Ohio, experienced since 2003 in residential valuations in Louisville, Lexington, Cincinnati and Dayton and commercial properties in Louisville, Cincinnati and Dayton. Jason's experience includes residential valuations on properties, including FHA loans and Fannie Mae owned REO properties, commercial valuations on multi-family, office, industrial, development land, institutional, retail and special-purpose properties, commercial right of way and acquisition valuations for property owners in negotiations with taking authorities, tax appeals to County Taxing Authorities in Kentucky and Ohio, and testifying before the Hamilton County Board of Revisions for Tax Appeal and Kentucky Department of Transportation. Jason is a Qualified Expert Witness for Jefferson County Family Court, Louisville, Kentucky and the Kentucky Department of Transportation. Jason has successfully completed numerous real estate related courses and seminars, sponsored by the Appraisal Institute and has been the instructor for AI's class entitled "Impact of Short-Term Rentals on Real Estate Appraisals". https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/19f4077f-ff7a-40c4-b1db-b8baa3cfa6bb/HEAD+SHOT+Warren+Boizot.jpg Blog - RAC Town Hall - April 19, 2024 Warren Boizot III, SRA, AI-RRS, RAA has been a residential appraiser in the Denver Metro area for 26 years and specializes in downtown high-rise condo units and new construction. He earned the Appraisal Institute SRA and AI-RRS designations and also carries the RAA designation from the National Association of Realtors. He is a past President of the Colorado Chapter of the Appraisal Institute and a current co-host of the Appraisal Institute’s monthly podcast, “Face Value”. Warren will be joining the panel to discuss his current experience turning his house in Denver into an Airbnb. https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/d3f9799d-fa02-4c67-bc35-b356a413d2e2/OREPInsurance_WebXL.png Blog - RAC Town Hall - April 19, 2024 The Town Hall series is done in partnership with OERP Insurance and their sponsorship. https://www.rac.net/blog/march-2024-townhall monthly 0.5 2024-04-16 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/4727d03f-0931-4947-a7c3-680efdc5995f/Justin+Slack.jpg Blog - RAC Town Hall - March 28, 2024 Justin D. Slack MAI, SRA, AI-GRS, AI-RRS is the Chief Appraiser for WaFd Bank, a regional bank ($32B assets) based in Seattle, WA. WaFd has an 9-state regional footprint including Washington, Oregon, Idaho, California, Utah, Nevada, Arizona, New Mexico, and Texas. In his current role, he manages a team of review appraisers as well as oversees the full life-cycle review process. Previously, he spent 12 ½ years at HomeStreet Bank, most recently as the Commercial Appraisal Manager. HomeStreet Bank is a community bank ($7B in assets) based in Seattle, WA with a lending footprint along the Western Region of the US. In that role, he managed a team of review appraisers as well as oversaw the full life-cycle review process. He also was part of the integration team for HomeStreet’s acquisition of six other community banks. Prior to his employment at HomeStreet, he worked as an independent fee appraiser completing assignments for both commercial and residential properties in the Puget Sound Region of Washington State. Justin holds all four the Appraisal Institute’s active designations (MAI, SRA, AI-GRS, and AI-RRS) and was the first member to obtain both of the review designations and to hold all four. He is actively involved with the Appraisal Institute at the chapter, regional, and national levels and currently serves as a Regional Representative for the Washington-Idaho-Montana Chapter, is the current Chair of the AI’s National Government Relations Committee (GRC), is a Demonstration of Knowledge Report grader, and an Experience Screener. He previously served as the Region I Vice-Chair on the National Board of Directors, was a member of the Professional Standards and Guidance Committee (PSGC) and Diversity Committee, and previously was Chair of the AI’s GRC from 2014-2017. Justin was the 2017 Seattle Chapter President, and he was the 2014 Chair of LDAC. In 2010, Justin was recognized for his volunteer efforts and was awarded the Seattle Chapter’s Appraiser of the Year award; in 2011 he was awarded the Appraisal Institute’s Volunteer of Distinction award and the Seattle Chapter’s President’s Award. https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/17441814-afb2-45fd-ab89-09a0ac7f0281/Scott+DiBiasio.jpg Blog - RAC Town Hall - March 28, 2024 Scott W. DiBiasio is the Manager of State & Industry Affairs for the Appraisal Institute, a global professional association of real estate appraisers. Based in the a Washington, D.C. office, Scott is responsible for tracking state legislative and regulatory issues affecting the real estate appraisal profession across the country. He is also responsible for tracking and working to influence state legislative proposals regarding a wide variety of issues affecting the profession, including measures related to valuation bias, statutes of limitations, appraiser credentialing, education approval, valuation standards, and alternative valuation products. Scott also works with the leaders, members, and staff of the chapters around the country to assist them in developing and executing their state government affairs programs. He has been with the AI since 2008 and holds a from The American University in Washington, D.C. https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/d3f9799d-fa02-4c67-bc35-b356a413d2e2/OREPInsurance_WebXL.png Blog - RAC Town Hall - March 28, 2024 The Town Hall series is done in partnership with OERP Insurance and their sponsorship. https://www.rac.net/blog/tafac-summary-feb2024 monthly 0.5 2024-04-16 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/9c39d9b6-9082-4802-a888-c0edd4c5ead1/TAF-Thumbnail-Color-JPEG-002-Use-this.jpeg Blog - TAFAC Summary - TAFAC Summary The Appraisal Foundation Advisory Council (TAFAC) gathered in Crystal City on both February 1 and February 2, 2024, with notable attendees including Betsy Hughes, Reginald Carter, and myself, Lisa Meinczinger. Byron Miller and Chris Posey were also present, ensuring a strong representation of the Relocation Appraisers and Consultants (RAC). On February 1, the Council to Advance Residential Equity (CARE) held a meeting, showcasing its ongoing developmental phase. The council actively seeks participation from newer organizations and is at the forefront of championing accountability for appraisers, particularly in addressing bias cases. The upcoming meeting of the Appraisal Qualifications Board (AQB) in March, as indicated by Brad Sweeney, will focus on three key areas: Reassessment of qualifications, questioning the necessity of a college degree and exploring the inclusion of relevant college courses in qualifying education. Exploration of other fields that can contribute to experience hours, such as real estate agent/broker experience, home inspectors, assessors, finance majors, etc. The concept of a comprehensive "super exam." Commencing from January 1, 2026, a mandatory valuation bias class will be required. Existing appraisers must complete a 7-hour class, while incoming and trainee appraisers need an additional 1-hour exam. A four-hour update every two years will follow this initial class. Presently, there are only two PAREA programs available, both from the Appraisal Institute, covering Licensed Residential and Certified Residential. McKissock has ceased program development, but five providers are actively developing 12 conceptual programs. Opteon has announced its program development, awaiting approval in New York, Georgia, and Nevada. Currently, the Foundation is stating that there are 3,600 interested parties for this program. The question was posed if the Certified General will be explored. Michelle Bradley provided an update on the integration of the Ethics and Nondiscrimination section into USPAP, noting that there is currently no expected update. The Resource Manual will mandate a 7-hour update every two years, with recent changes and additions accessible on the website. These modifications specifically address issues of discrimination, including aspects related to the usage of Artificial Intelligence. During the week of February 6, the committee delved into additional guidance on critical topics such as upzoning and confidentiality. The RAC has scheduled a town hall in March to thoroughly discuss upzoning and its implications. Individuals are encouraged to forward any topics requiring guidance to the foundation or Michelle Bradley. Dave Bunton announced three available public interest trustee appointments, one is a three-year term and two are four-year terms, specifically tailored to Business Valuation, Fair Housing Advocate, International Valuer, Personal Property Appraiser and Residential Real Property Appraisers. Interested individuals from this group are urged to apply through a blind process, with interviews based on qualifications. The deadline is March 1, 2024. Sponsorships are transitioning to partnerships within the Foundation, eliminating financial obligations but introducing certain requirements. Organizations seeking partnership must adopt and teach USPAP and be nonprofit entities, among other stipulations. The foundation plans to distribute a diversity survey, encouraging everyone to contribute insights into the profession's growth over the years. With Dave Bunton's impending retirement, a search team is being assembled to hire his replacement. The meeting concluded with a panel discussing different pathways for licensing. Bill Garber represented the Appraisal Institute and the PAREA program, Michelle Bradley outlined the traditional Supervisor/Trainee path, and Melissa Bond presented a Practicum approach. The next meeting is scheduled for June 25th in Washington DC. Best Regards, Lisa Meinczinger, SRA, AI-RRS, CRP, ASA, CDEI RAC Vice President https://www.rac.net/blog/feb-2024-townhall monthly 0.5 2024-02-28 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/89955093-df9d-4d26-9075-c353e04a628b/Jay+headshot.jpg Blog - RAC Town Hall - February 27 - Broker Buyer Compensation Lawsuits & Legislation on Foreign Entities buying American Land Broker compensation concerns have recently garnered attention, with multiple states implementing effective measures. This poses challenges in the home-selling process, impacting negotiations and determining who bears the burden of commissions. It is crucial to stay informed about state legislation and its implications for property sales, considering how appraisers will assess concessions. Notably, there is a growing trend of foreign entities acquiring land in the United States, particularly in proximity to military bases. Some states, including Texas and Indiana, are actively passing legislation to curb these sales. Join us as we delve into these pressing issues, explore their potential impact on the real estate market, and discuss ways to support and engage with the evolving legislation. Let's collectively educate ourselves on navigating these changes and advocate for measures that align with our community's interests. Jay N. Hershman, SCRP concentrates his practice in the areas of real estate and relocation law, including compliance and corporate and business organization. He also holds the designation of Senior Certified Relocation Professional from the Worldwide Employee Relocation Council (WERC). He is a member of the Connecticut, Massachusetts and District of Columbia Bars, and is admitted to practice before the U.S. District Court in the District of Connecticut. He also holds a Massachusetts real estate broker license. Jay is the past Chair of the WERC North American Real Estate and Mortgage Forum and has been a member of the Forum since its inception. He has served as a speaker at numerous events and training sessions throughout the United States discussing real estate and relocation. In 1998 he received a B.A. from Bryant University. He received a J.D. from Quinnipiac University School of Law in 2001. At the Quinnipiac University School of Law, Mr. Hershman was the Research Editor of the Quinnipiac Probate Law Journal, and he authored “Erickson v. Erickson: Extrinsic Evidence in Probate Matters”, Quinn. Prob. Law Jour. 143 (2001). https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/d3f9799d-fa02-4c67-bc35-b356a413d2e2/OREPInsurance_WebXL.png Blog - RAC Town Hall - February 27 The Town Hall series is done in partnership with OERP Insurance and their sponsorship. https://www.rac.net/blog/jan-2024-townhall monthly 0.5 2024-02-08 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/8e0abfff-b274-4c6a-9346-176640caca77/Jason+tillema.jfif Blog - RAC Town Hall Meeting - Jan 18 - Appraising High-End Residential Properties In an initiative to enhance diversity, this town hall aims to offer an introduction to the appraisal of high-end residential properties and their distinctive features. Appraising properties of this caliber presents numerous challenges, and this session will delve into these complexities, including issues related to USPAP (Uniform Standards of Professional Appraisal Practice). We all need an additional tool in our toolbox, please save the date for this informative session. Jason Tillema is a Certified Residential Appraiser and co-owner of Access Valuation and Education Resources, located in the Indianapolis, IN market. As a REALTOR and valued member of MIBOR, Jason also proudly served as the Appraiser Representative on the MIBOR Board of Directors from 2014 to 2016. His expertise extends to being a designated member of both the Appraisal Institute and the American Society of Appraisers, where he held the position of President for the Hoosier State Chapter of the Appraisal Institute in 2014. Currently, Jason holds a pivotal role as a member of the Appraisal Institute's newly established Residential Appraiser Committee, contributing his wealth of knowledge to further elevate the appraisal profession. With an impressive career that began in 1997, Jason has been a prominent figure in the Central Indiana market, catering to diverse residential property types. He proficiently handles assignments for various purposes, including mortgage-related matters, as well as non-mortgage scenarios like Divorce, Estate, and Litigation cases. In addition to his appraisal expertise, Jason has been an approved instructor with the Appraisal Institute since 2014, and he earned the distinction of being an AQB approved USPAP instructor in 2018. As a testament to his dedication to advancing the profession, he has designed and conducted numerous classes and seminars for Appraiser Continuing Education. https://www.rac.net/blog/aug-2023-townhall monthly 0.5 2024-02-02 https://www.rac.net/blog/2023-rac-conference-recap monthly 0.5 2023-09-29 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1695222885228-4134BGJ1W9QPXI4QZWNH/Screenshot+2023-09-20+at+11.13.49+AM.png Blog - 2023 RAC Conference Recap - Turbulence in the Industry How Will You Land? https://www.rac.net/blog/july-2023-townhall monthly 0.5 2024-02-02 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1684501232629-UXZUVAKA8G1F6IQ5HIF7/1613871970721.jpeg Blog - RAC Summer Series Town Hall Meeting - July 27 - The Silent Language of Expert Testimony As a litigator, you want your witnesses to be seen as competent, trustworthy and likeable. But most witnesses, under the strain of the testifying process, do things nonverbally that undercut one or all of those three qualities. This could result in turning off a swing-vote juror or needlessly antagonizing the other side, causing negative emotional fallout that words cannot counteract. Learn how to be as credible in your nonverbal communication as you are in your verbal testimony. The July 27 Town Hall guest speaker will be Dr. Janet Larsen Palmer, President of Communication Excellence Institute, a professional consulting firm in management communication. Dr. Palmer has over 30 years' experience as a Professor of Communication, a Fortune 500 corporate manager and a university administrator. She has authored three books and many articles, and has consulted on communication with individual executives, universities, healthcare organizations and corporations in the U.S. and Europe. Dr. Palmer has won over 25 national and regional awards for her teaching, research, business leadership and public service in communication. She has a B.S., M.A. and Ph.D. from the School of Communication at Northwestern University. https://www.rac.net/blog/june-2023-townhall monthly 0.5 2024-02-02 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1684500136292-ENP0ZP0Q47PTMUOK8UPI/1674769761789.jpeg Blog - RAC Summer Series Town Hall Meeting - How to Diversify Your Appraisal Business In times of uncertainty and change in the residential world, how do you move forward? Christopher J. Posey, the June 20 Town Hall Meeting guest presenter, will discuss changing the narrative of your appraisal business model. Owner of CJP Appraisal Services, Chris has over 18 years of experience valuing a variety of property types with a specialty in complex assignments. He is a Certified Residential Real Estate Appraiser located in Chicago, IL. https://www.rac.net/blog/exploring-relocation-appraisal-work monthly 0.5 2023-06-14 https://www.rac.net/blog/navigating-the-waves-of-change monthly 0.5 2022-12-31 https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1672443111984-FZDIM73WYFK7OIWMEO5F/Byron-Miller-2-2.JPG Blog - Navigating the Waves of Change https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1672443112054-CL01CDRHD8T1YPFE4EJ0/IMG_0134.jpg Blog - Navigating the Waves of Change https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1672443112853-1CKS76MLX8CW3E061UZ7/IMG_0137.jpg Blog - Navigating the Waves of Change https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1672443112992-7KEYZO3WY4DC5ECUFQD5/IMG_0131.jpg Blog - Navigating the Waves of Change https://images.squarespace-cdn.com/content/v1/63aca370b7b6552f1c704696/1672443113671-1EORACIIXK3NV3KBA4LT/IMG_0129.jpg Blog - 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