behind the scenes
by Executive Editor Adam Webster
Growing with the Times
As we bring this tumultuous year mation on this exciting new feature,
to a close and prepare for what and how you can sign up for it, go to
a new administration will bring page 36. Or, skip the middleman, and
us in the realms of legislation, market go to www.appraisalinstitute.org/valuation.
fluctuation and regulation, we here at Valuation also strives to cover those
Valuation want to ensure that we con- in the membership and the profession
tinue not only covering and responding who are growing with, and indeed
to the times, but also growing with them. shaping, the times. In this issue, we
It is for this reason that we have profile six young members who are
brought Appraiser News Online under either designated or close to getting
the Valuation fold. Now a weekly publi- designated, as a way of peering into
cation (look for it in your e-mail boxes the future of the profession. Who
every Wednesday), the redesigned will be its leaders? What do they
ANO allows us to respond more see on the horizon? For more infor-
quickly to the news and relay it as it mation on these six trendsetters, see
happens. Our goal is for it to serve as a pages 18-23.
digest of the week’s big stories as well But young leaders don’t just make
as a catalyst for discussion and input on themselves; they have to be given
what will become next week’s news. guidance, which is where mentors,
For this reason, we have also imple- internships and scholarships come
mented a new occasional column in into play. Over the summer, the
ANO, Inside the Beltway, which will be Atlanta Area Chapter of the Appraisal
penned predominantly by our Wash- Institute launched a pilot program in
ington, D.C., staffers. For a sampling which three member-affiliated firms
of those columns, as well as some of offered three college seniors a paid
the feedback we have gotten on them, internship, one of which turned into
see our Letters to the Editor section on a job. For tips from the pilot program,
page 8. If you do not already receive see pages 29-32. Furthermore, the
Appraiser News Online, sign up at www. Appraisal Institute Education Trust’s
appraisalinstitute.org/ano/contact.aspx. scholarship programs also help college
Another way in which we are students, as well as members taking
growing with the times is the introduc- Appraisal Institute courses, paving the
tion of the digital version of Valuation, way for these future leaders. For more
beginning with the issue you now information on the AIET’s scholar-
hold in your hands (unless you are ships see the sidebar on page 21.
already reading this onscreen, in which With this issue, we bid adieu to Jim
case, the issue you are now looking at Amorin, MAI, SRA, as the author of
and experiencing). Every page, every Cool Tools (page 41) as he prepares to
feature, every column, and every ad take over as 2009 president. Return-
appears online in a single, interactive ing to the reigns of our cornerstone
issue. Every link that appears in every technology column is 2008 President
one of those stories and ads are live, R. Wayne Pugh, MAI.
and all of the articles are searchable, We look forward to finding out what
allowing for an all-in-one experience. the New Year brings, and we look
And, it also can be downloaded for forward to bringing it to you. Happy
when you are offline. For more infor- Holidays.
Mission Statement Valuation is published to provide timely, practical information and ideas to assist real estate appraisers in conducting their business effectively. Disclaimers The views expressed in Valuation are those of the authors and
may not reflect the official policy of the Appraisal Institute, its officers or staff. The Appraisal Institute does not necessarily
endorse or warrant the products and/or services advertised in Valuation.
The Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its
activities in accordance with applicable federal, state and local laws.
Valuation
INSSIIGGHHTTSS&&PPEERRSPSE PCET CITVIEVSEFSOFROPRRPORFE OSFSEIOSSNIAOLNRALEARLEEASLTAETSETATPEPRAAPISPERRASISERS
President
R. Wayne Pugh, MAI
President Elect
Jim Amorin, MAI, SRA
Vice President
Leslie P. Sellers, MAI, SRA
Immediate Past President
Terry R. Dunkin, MAI, SRA
Chief Executive Officer
Frederick H. Grubbe
Director, Marketing & Communications
Hope Atuel
Executive Editor
Adam Webster
Publication Management
Stratton Publishing & Marketing Inc.
5285 Shawnee Road, Suite 510
Alexandria, VA 22312
703-914-9200; fax 703-914-6777;
valuation@strattonpublishing.com
Publication Manager
Angela Brady
Managing Editor
Josephine Rossi
Art Director
Janelle Welch
Advertising Sales Manager
Alison Bashian (800-335-7500;
alisonb@strattonpublishing.com)
Advertising Production/Business Manager
Carrie Wood
Valuation (ISSN 1087-0148) is published quarterly by the
Appraisal Institute. Bulk rate postage paid at Chicago, IL
and additional mailing offices. Send address changes to:
Valuation, 550 W. Van Buren St., Suite 1000, Chicago, IL
60607; 312-335-4100; 312-335-4400 (fax).
Subscriptions Nonmember subscription rates for Valuation
are $48 (one year), $90 (two years) and $130 (three years).
Foreign rates: add $5 per year. Introductory student subscription: $30 ($35, foreign) for students enrolled in Appraisal
Institute courses or in accredited college courses. ($10 allocated from dues for Appraisal Institute members.) Make
checks payable to Appraisal Institute. Single copies and back
issues, if available, are $15.
Reprint policy Copyright law prohibits any manner of reproduction of any portion of Valuation, except with the written permission of the Appraisal Institute. To obtain reprint permission,
please submit a detailed written request to Adam Webster,
managing editor, awebster@appraisalinstitute.org.
Copyright © 2008 Appraisal Institute. All rights reserved.
www.appraisalinstitute.org