Welcome!

With over 300 members, the East Florida Chapter of the Appraisal Institute is known for its highly professional, educated and nationally experienced real estate appraisal practitioners, educators and authors. Our website offers a wide array of resources for your research, education and informational purposes.

RESOUCE HUB – Access Hundreds of Resourceful Links!

The Resource Hub provides a quick access gateway to a vast array of real estate resources to aid in your research. Real Estate professionals will find this tool highly useful for research on a daily basis. Add this link to your shortcuts today!

UPCOMING EDUCATION

Jun
3
Mon
Review Theory – General @ Embassy Suites Jamaican Court
Jun 3 @ 8:15 am – Jun 7 @ 12:00 pm

Review Theory—General is the fundamental review course that all reviewers of assignments involving income-producing and other nonresidential properties should have in their educational background. It is a required course for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS, Appraisal Institute General Review Specialist).

At the core of this course is the review process. Participants explore the seven steps outlined in this process as they apply to nonresidential properties. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness to develop reconciled opinions of appropriateness and credibility.The material provides a refresher on key valuation skills often required of reviewers, such as measuring financial feasibility in highest and best use analysis and various applications of the income capitalization approach. In addition, the course covers reporting reviews for income-producing property and the use of commercial review report forms, narrative reports, and oral review reports. Participants will gain practice in writing a scope of work statement for three types of assignments. They will also develop a template for a narrative review report on a property type of their choice (office, retail, apartment, etc.). By taking this course, participants will gain invaluable confidence in the fundamentals of review.

Please note: Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Review Theory-General and Review Case Studies-General. All others will receive the Full Price.

Upon completion of the course, participants should be able to:
• Define review
• Distinguish between appraisal and review
• Evaluate the necessary knowledge and skills required to complete reviews
• Distinguish between trivial and material errors
• Identify types of review assignments and the process employed in the reviewer’s scope of work
• Recognize regulatory compliance issues for review appraisers
• Identify the steps necessary to effectively communicate the review

The Review Theory—General course is required for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS – Appraisal Institute General Review Specialist). For more information regarding the requirements for the review designation, please click here.

If you are currently designated, click here for more information on the alternative path.

If you are currently a candidate for designation, or wish to become a candidate, click here for the specific designation requirements.

 

Jun
17
Mon
Advanced Concepts & Case Studies @ Embassy Suites Jamaican Court
Jun 17 @ 8:15 am – Jun 22 @ 12:00 pm

The 40-hour Advanced Concepts & Case Studies course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 35 hours of traditional classroom education and wraps up with a three-hour exam on the sixth morning.

Please note Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Advanced Income Capitalization, Advanced Market Analysis and Highest and Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will receive the Full Price.

For more information on how to become a Candidate for Designation, click here.

Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; course equivalencies.Click here.

Course 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.

Note. This is primarily a synthesis course, not a review course. Like all advanced education courses sponsored by the Appraisal Institute, the course naturally reviews many concepts taught in previous courses. However, it includes some new material and does not include a complete overview of the other courses. Therefore, Advanced Concepts & Case Studies should not be considered an adequate review for the comprehensive exam. To prepare for the comprehensive exam, participants must review all four advanced education courses, as well as basic concepts from qualifying education for certified general appraisers.

Upon completion of the course, participants should be able to: • Develop and reconcile cost, income, and sales comparison approaches for a leased fee interest rent, including consistent treatment of property rights
• Recognize the typical relationships between yield rates on leased fee and fee simple estates, considering their varying risk
• Review proper procedures for developing a market-supported discounted cash flow analysis, and apply them to practical examples
• Develop and reconcile cost, income, and sales comparison approaches for a proposed property as is, upon completion, and upon stabilization
• Demonstrate a working knowledge of various methods of calculating a rent-up adjustment and a property rights adjustment
• Identify the demographic and economic data used to estimate an absorption period for a development project
• Develop and reconcile cost, income, and sales comparison approaches for a property in a market not at equilibrium
• Conduct inferred and fundamental demand analysis based on data provided in case studies
• Develop and reconcile cost, income, and sales comparison approaches for a subdivision

FREAB CE: 20 Hours
AI Attend Only: 275 points
Attend and Pass: 375 points

 

Nov
1
Fri
Business Practice and Ethics @ Orange County Bar Association
Nov 1 @ 8:15 am – 5:00 pm

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.

The course contains relevant and much-needed information for professional appraisers.

The content emphasizes:
• Business practices issues, such as how to respond to seemingly unreasonable requests, how to address client pressure, and how to approach a complex assignment
• Which standards apply to Appraisal Institute Designated Members, Candidates for Designation, Practicing Affiliates, and Affiliates, and when they apply
• The key principles of the Standards of Valuation Practice
• How to identify and avoid behavior that violates the Standards of Valuation Practice
• The correct way to use the Appraisal Institute’s designations, emblems, and logo
• Understanding the Appraisal Institute’s enforcement process

NOTE: The AQB approved this course for 4 hours of CE. This is due to some content being specific to the Appraisal Institute. Check with your state for approved credit hours. 

FREAB CE: 4 Hours
AI CE: 35 points

 

   UPCOMING EVENTS   

Apr
11
Thu
Membership Meeting & Bowling for Bragging Rights @ AMF Altamonte Lanes
Apr 11 @ 4:30 pm – 7:00 pm

AMF Altamonte Lanes

280 Douglas Ave
Altamonte Springs, FL 32714

4:00 Membership Meeting/Elections
5:00 Let the Bowling Begin

Includes: Bowling, shoes, (2) drinks, buffet (salad, pizza, chicken tenders & wings)

TITLE TROPHY AND $200 IN PRIZES

Click Here to Register

Bowling for Bragging Rights
Apr 11 @ 5:00 pm – 7:00 pm

AMF Altamonte Lanes

280 Douglas Ave
Altamonte Springs, FL 32714

5:00 Let the Bowling Begin

Includes: Bowling, shoes, (2) drinks, buffet (salad, pizza, chicken tenders & wings)

TITLE TROPHY AND $200 IN PRIZES

Click Here to Register

EVENT & MEETINGS PHOTOS

Margaritaville Resort Orlando

“Exclusive” look into the highly unique $750 million, 300-acre Orlando Resort; Offering 187 hotel guest suites, approximately 1,000 privately-owned vacation home cottages, extravagant resort amenities, retail space full of bars and restaurants open to the public, spas and entertainment venues including a dine-in movie theater and a water park called Island H20 Live!

SPONSORS

Click Logos to View Sponsor’s Site

PLATINUM SPONSORS

SILVER SPONSORS

GOLD SPONSORS

BRONZE SPONSORS

LATEST NEWS

SPOTLIGHT

  • Laurie Botts – Success Story as a Woman in Real Estate August 15, 2018 - Laurie Botts is the Real Estate Division Manager for the City of Orlando. She is a state-certified residential real estate appraiser and a licensed real estate broker with over 35 years’ experience in real estate sales/disposition, development, leasing, property management, marketing and analysis.

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BOARD OF DIRECTORS & REGION REPS

PRESIDENT
Christopher Starkey, MAI, SGA
407-843-3377
cstarkey@irr.com
Integra Realty Resources – Orlando
www.irr.com/

VICE PRESIDENT
Curtis Phillips, MAI
321-288-6164
c.phillips@callawayandprice.com
Callaway and Price
www.callawayandprice.com

TREASURER
Mathew Jehs, MAI
321-723-7010
mathew.jehs@t-a-w.com
Tuttle-Armfield-Wagner
www.t-a-w.com/

SECRETARY
Hal Katz
407-619-4202
hal.katz@suntrust.com
SunTrust Bank
cre.suntrustrh.com/

EXECUTIVE DIRECTOR
Lauren Dowling
321-723-7010
lauren@eflai.org
East Florida Chapter Appraisal Institute
www.eflai.org

REGION REPS
Elizabeth Alvarez, SRA 
Ira Bellinkoff, MAI 
Matthew Jehs, MAI
Hal Katz
Curtis Phillips, MAI
Christopher Starkey, MAI, SGA

ALTERNATE REGION REPS
Will Faber, MAI
Riley Jones, MAI, SRA
Megan Johnson Judd
Mike Moran, SRA, AI-RRS

Join a committee, get involved, be supportive, and get exposure!

CONTACT:
Lauren Dowling
Tel: 813-545-1382
E-mail: lauren@eflai.org

COMMITTEES

CANDIDATE GUIDANCE
Kristin L. Soltys, MAI

EDUCATION
Jackie Green, SRA
Bob Sutte, MAI, SRA

FINANCE
David B. Herring, MAI, SRA, AI-GRS, AI-RRS

GOVERNMENT RELATIONS
Michael Moran, SRA, AI-RRS

NEWSLETTER
David Herring, MAI, SRA, AI-RRS

PUBLIC RELATIONS
Hal Katz

WEBSITE MANAGEMENT
Hal Katz

CENTRAL FLORIDA REAL ESTATE FORUM
Steve Marshall, MAI, Chairman
Hal Katz, Marketing Director | Sponsorship
Lauren Dowling, Event Coordinator
Ira Bellinkoff, MAI,CCIM, Audio Visual Tech
Gary Craig, AI-GRS, Outreach Facilitator
Karen Bowling, MAI, Outreach Facilitator

PROGRESSIVE REAL ESTATE APPRAISAL EDUCATION COMMITTEE (PREAEC)

Angie Brown, MAI, Vice President, Meridian Appraisal Group | Advisory Board Member, Kelly A. Bergstrom Real Estate Center, Warrington College of Business, University of Florida

Chris Starkey, MAI, Senior Managing Director, Integra Realty Resources – Orlando | Incoming President, East Florida Chapter Appraisal Institute

Hal Katz, Chairman, Progressive Real Estate Appraisal Education Committee (PREAEC) | Public Relations, East Florida Chapter Appraisal Institute | Executive Committee, Dr. P. Phillips Real Estate Institute, University of Central Florida | Vice President, Real Estate Valuation Services (REVAL), SunTrust Bank, Orlando, FL

Ira Bellinkoff, MAI, Principal, Owner, Edge Realty Advisors | Education Development, Progressive Real Estate Appraisal Education Committee (PREAEC) | University Relations, Region X Appraisal Institute| Executive Committee, Dr. P. Phillips Real Estate Institute, University of Central Florida

Lauren Dowling, Executive Director East Florida Chapter Appraisal Institute

Laurie Botts, Real Estate Division Manager of the City of Orlando | Adjunct Teacher of Finance Dr. P. Phillips Real Estate Institute, University of Central Florida

Rebecca York, Director, Director, Dr. P. Phillips Real Estate Institute, Faculty Finance Department- Real Estate | Faculty Kenneth G. Dixon School of Accounting, University of Central Florida

Ryan Zink, MAI, Senior Managing Director, Partner, Capstone Valuation Advisors | Education Development, Progressive Real Estate Appraisal Education Committee (PREAEC) | Chairperson – Appraisal Institute University Relations Panel | Trustee – Appraisal Institute Education Trust & Relief Fund | Executive Committee, Dr. P. Phillips Real Estate Institute, University of Central Florida