review designations were developed to raise
the level of review quality through education
Robinson: The t wo designations (AI-GRS
and AI-RRS) had been years in the making,
and the education provided is groundbreaking. It only stands to reason that valuation
professionals who receive a review designation and who review work completed by AI
professionals will be able to talk the same
language, which can only result in quality
products for clients and the general public.
Amorin: I think the designations have taken
off because they meet a specific need in the
market and hit the market at a time when
specialization is important.
Coyle: In 2014, the review designations were
offered exclusively to AI Designated members,
but beginning Jan. 1, the designations will be
offered to any interested professionals who
can successfully meet the requirements. This
effort should help meet the goal of legislators,
regulators, clients and appraisers to raise the
quality of appraisal review.
What are AI’s initiatives and goals for 2015?
Robinson: The main goals for 2015 will be
full implementation of the three initiatives,
continuing the Candidate for Designation
program and continued progress for the
review designations. There are so many good
things in the works, and they all serve to
lift the profession, build relationships with
a broader constituency and continue the
growth of the AI brand.
Coyle: We will also build on our work over
the last few years and continue nurturing
relationships with other organizations, both
at home and internationally. There are many
opportunities and exciting possibilities to
elevate the valuation profession if we work
cooperatively with related organizations.
Also, we will focus on how an aging
appraiser population is gradually reducing the
size of the Appraisal Institute, and we’ll look
at how we can operate in a more efficient manner. We’ll evaluate governance, processes and
fiscal operations throughout the organization
because creating value for our professionals is
high on our list of priorities.
What will be the focus of your tenure as a
member of the Executive Committee?
Coyle: I want AI to continue to be world
class in education, publications and credentialing, and so my first job, and one that I take
very seriously, is to protect and ultimately
enhance the AI brand and its designations.
We’ll also focus on the regulatory environ-
ment, which any practicing appraiser will tell
you is complicated, over-regulated, poorly
regulated and a threat to the profession. We’ll
seek relief by asking Congress to modernize
and simplify the system.
Leadership also will look at how we
can educate regulators, clients and other
stakeholders on how appraisers are not part
of the problem, as they so often have been
portrayed, but are, in fact, part of the solution.
To convince them, we have to advance the
body of knowledge and get our professionals
to respond to the fundamental changes in the
marketplace. Point-in-time valuations are
decreasing in importance in the marketplace;
market analysis and statistical analysis of
large data sets are increasingly gaining favor.
AI professionals are uniquely suited to adapt
to changing dynamics of the market because
of their education and experience.
Robinson: As president-elect, I will have the
privilege to appoint 2016 committee members,
committee chairs, panel members and task
force/work group chairs and members. This is
a big responsibility, as these groups put a face
to the Appraisal Institute’s initiatives.
Amorin: My focus as vice president will
be to push for ward the initiatives of the
Board of Directors. I sought the position of
vice president not for the title, but rather to
do something for our individuals and the
Wilson: As immediate past president, it is
my intention to maintain my involvement at
a high level, to ensure that all initiatives that
have been enacted over the past year (and
beyond) maintain their momentum and relevance in order to advance the position of the
Appraisal Institute as the global leader in real