The North Star Chapter of the Appraisal Institute is dedicated to developing strategic partnerships to advance, promote, and uphold the valuation profession, our Chapter members, Appraisal Institute, and its designations.
Instructor: Paul R. Gillespie, MAI, AI-GRS, AI-RRS
Description:
Enroll in Review Case Studies—General and come prepared for the challenge of applying the review process and other concepts covered in Review Theory—General. You will enhance your review skills by preparing two required review reports based on two case studies that present some of the issues reviewers face in review assignments. For each case study, you will develop opinions on the completeness, accuracy, adequacy, relevance, reasonableness, appropriateness, and credibility of another appraiser’s work and then communicate your opinions in a review report you design and draft yourself. By preparing written review reports based on the case studies, you will gain confidence in the application of review techniques. This course will be beneficial for appraisers and other real estate professionals who regularly work with appraisals and reviews.
The Valuation of Craft Breweries
Wednesday, May 8, 2019
12:00pm – 4:00pm
Location
Modist Brewing Co.
505 N 3rd St.
Minneapolis, MN 55401 (MAP)
Join us for a fun and informative seminar on the Valuation of Craft Breweries. With the popularity of craft beers exploding in Minnesota, an understanding of the valuation of craft breweries and taprooms is an important issue for real property appraisers and assessors. Join Stu Mortrude, MAI; Clay Dodd, MAI, ASA; and Brett Hall, MAI, SRA, AMA, as they discuss everything from proper problem identification to the separation of real property, personal property, and business equity.
The seminar will be held at Modist Brewing in Minneapolis and include a tour of the facility as well as a discussion of functionality of improvements and production process from Kale Anderson, Modist Brewing’s Head of Operations.
This four-hour seminar has been approved for Appraisal and Assessor continuing education. Seating is limited to 50, so sign up early! After the seminar we will be hanging out for a social to sample the amazing brews Modist has on tap.
Attendance to the seminar comes with a free pint of beer!
Continuing Education Credits
Appraisal Institute CE – 4 hours approved.
MN Appraiser CE – 4 hours approved.
MN Assessor CE – 4 hours approved.
Register
Register through the AI website.
Instructor: Byron E. Miller, SRA, AI-RRS
Description:
Real estate markets and residential appraisal requirements have changed significantly due to market volatility and increased oversight which has left residential appraisers searching for new strategies to handle their appraisal assignments. This seminar revisits valuation fundamentals and illustrates why you need data collection and analytical skills more than ever. The seminar uses and is based on the 2018 updated 2nd edition of Valuation by Comparison. You’ll learn why clients need an appraisal, why you must have appropriate market data, and why it is imperative that you know your market. You’ll discover how to find the information you need in markets where data is scarce, inconsistent, or misleading. And you’ll explore techniques to accurately interpret and then anticipate the actions of buyers and sellers in today’s market. Whether you are an experienced appraiser or newer to the profession, you’ll learn about a variety of approaches and resources that are available for gleaning indications of market value, and you’ll better understand which items require adjustment and which items can be ignored.
Instructor: Brett W. Hall, MAI, SRA
Description:
This one-day update course, copyrighted by The Appraisal Foundation, focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. The course, which clarifies several commonly misunderstood aspects of USPAP, will aid participants in all areas of appraisal practice seeking updated competency in USPAP, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.
Instructor: Brett W. Hall, MAI, SRA
Description:
This course addresses topics that were not included in the previous version, such as the Guide Notes to Standards of Professional Appraisal Practice. Numerous Q&As address real-life, up-to-date matters that appraisers encounter in various assignments, including mortgage lending, litigation, property tax appeal, and many more.
Instructor: Stephen F. Fanning, MAI, AI-GRS
Description:
This AQB-approved course will help you apply meaningful market analysis in valuation assignments. It presents the basic concepts and terminology of market analysis and marketability studies, then shows how marketability studies provide vital information for the highest and best use decision. Throughout the course, the emphasis is on conducting a reliable analysis of demand. You’ll gain practice in applying methods for inferred, or trend, analysis to three property types—a suburban residential subdivision, an existing multifamily property, and an office building. Using the tools introduced in the course will help you increase the reliability of your highest and best use analyses and support the conclusions you reach in the three approaches to value.
Instructor: Harold S. McCloud, MAI, AI-GRS
Description:
This course synthesizes basic and advanced valuation techniques taught in previous courses, and addresses consistent treatment of the three valuation approaches for various valuation problems. Case studies teach participants 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 conclusion in an appraisal.
Instructors: Brett W. Hall, MAI, SRA
Description:
This six hour Minnesota Supervisory Appraiser/Trainee Course targets all individuals who became Supervisory Appraisers or Trainee Appraisers on Jan. 1. Many MN Appraiser Supervisors were under the impression, that if they were a supervisor, or a trainee, prior to 1/1/2015; that the new law did not apply to them. Appraisers understood they would be ‘grandfathered’ into this new law. This is correct, they are, but for the original supervisor/trainee relationship they had as of January 1. HOWEVER, if a supervisor adds any NEW trainees, or if a trainee works with another licensed/certified appraiser, who was NOT their supervisor on January 1; then attending this course is a requirement for these individuals involved.
Instructor: Brett W. Hall, MAI, SRA
Description:
Learn how to solve a variety of land valuation and feasibility problems using less commonly used land valuation techniques in this one-day seminar. Interactive case studies and discussion topics cover highest and best use considerations, land residual analysis, contamination, impacts of tax increment financing on feasibility, condemnation, subdivision analysis, unit of comparison selection, and alternatives when inadequate land sales exist. Problem identification, assignment conditions, scope of work decisions, and standards of practice are reviewed in each problem and solutions are discussed. Lively class discussion and interaction will result as problems are explored.
Instructor: Brett W. Hall, MAI, SRA
Description:
This one-day update course, copyrighted by The Appraisal Foundation, focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. The course, which clarifies several commonly misunderstood aspects of USPAP, will aid participants in all areas of appraisal practice seeking updated competency in USPAP, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.
Instructors: Byron E. Miller, SRA, AI-RRS
Description:
A regulatory complaint has been filed against you. Now what? Discover why state boards and agencies make the decisions they do, what federal oversight requirements guide them, and how a state regulator’s investigation (including disciplinary action) proceeds by peeking behind the regulatory curtain. Developed by Craig Steinley, SRA, AI-RRS, current President of AARO (Association of Appraiser Regulatory Officials), with input from regulators and board members (who are appraisers) and attorneys who defend appraisers, this 4-hour seminar discusses who files complaints, due process for an appraiser, and the steps to take when you are named in a complaint. With this knowledge, you’ll have an advantage in resolving a complaint and better yet, avoiding one in the first place!
Instructor: Craig M. Harrington, SRA, AI-RRS
Description:
This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, market area analysis, highest and best use, and ethical considerations.
The course should provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue.
By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as basic appraisal principles.
If you are considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles.
Co-developed by the Appraisal Institute, ASA, and ASFMRA
Please join us for the second annual North Star Chapter Capitol Hill Day! The Government Relations Committee (GRC) has introduced legislation to conform with the current Appraisal Qualifications Board licensing criteria, secure compensation for the Appraisal Advisory Board, and allow out-of-state appraisers to obtain temporary licenses to practice in Minnesota more easily.
Also, make your opinion known regarding SF 1991/HF 1153, which pertains to state-owned lands for sale and the requirement for an appraisal. An appraisal is required for property with a market value of $50,000 or greater. The bill would increase the threshold for an appraisal from $50,000 to $100,000.
Spend an afternoon with us to participate in grassroots, citizen lobbying that makes a real impact on the laws and the appraisal profession in Minnesota. This will be an engaging and entertaining event you will not forget.
Please RSVP no later than April 15.
There is no fee for this event. Lunch is included.
Please RSVP and direct any questions to Byron Miller, GRC Chair, at bmaprsls@isd.net. Additional materials and details will be provided upon your reservation.
The Valuation of Craft Breweries
Wednesday, May 8, 2019
12:00pm – 4:00pm
Location
Modist Brewing Co.
505 N 3rd St.
Minneapolis, MN 55401 (MAP)
Join us for a fun and informative seminar on the Valuation of Craft Breweries. With the popularity of craft beers exploding in Minnesota, an understanding of the valuation of craft breweries and taprooms is an important issue for real property appraisers and assessors. Join Stu Mortrude, MAI; Clay Dodd, MAI, ASA; and Brett Hall, MAI, SRA, AMA, as they discuss everything from proper problem identification to the separation of real property, personal property, and business equity.
The seminar will be held at Modist Brewing in Minneapolis and include a tour of the facility as well as a discussion of functionality of improvements and production process from Kale Anderson, Modist Brewing’s Head of Operations.
This four-hour seminar has been approved for Appraisal and Assessor continuing education. Seating is limited to 50, so sign up early! After the seminar we will be hanging out for a social to sample the amazing brews Modist has on tap.
Attendance to the seminar comes with a free pint of beer!
Continuing Education Credits
Appraisal Institute CE – 4 hours approved.
MN Appraiser CE – 4 hours approved.
MN Assessor CE – 4 hours approved.
Register
Register through the AI website.
21st Annual Real Estate Trends Seminar
Thursday, June 6, 2019
8:00am – 5:00 pm
Location
Continuing Education and Conference Center – U of M
1890 Buford Ave., St. Paul, MN 55108 (MAP)
Registration opening soon!
We are a Chapter of the Appraisal Institute, the foremost organization for real property valuation specialists. Chapter membership includes Designated Members, Candidates for Designation, Practicing Affiliates, and Affiliates who reside within the boundaries of Minnesota, North Dakota, two-thirds of South Dakota, ten counties in Wisconsin, and the Canadian Province of Manitoba.
In this quarter’s Chapter President’s Message, Josh Folland, MAI (left, pictured with 2019 Appraisal Institute President, Stephen Wagner, MAI, SRA, AI-GRS) recaps an exciting year and sets the stage for exciting Chapter developments in 2019.
