The Chapter Welcomes You!

The Appraisal Institute is a global professional association of real estate appraisers, with nearly 20,000 professionals in almost 60 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide.

Organized in 1932, 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. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS, and AI-RRS designations.

The TN Real Estate Appraiser Commission (TREAC) met on April 20th, 2020 and approved all continuing education (CE) to be taken virtually until December 31st, 2021.  Please note: All Qualifying Education (QE) is still required to be taken in a classroom. 

You can read more about this rule change on the TN Real Estate Commission website here:

Due to the COVID-19 Pandemic, we were forced to cancel many of our classes scheduled in 2020.  

That said, we plan to offer a our usual and complete lineup of in-person qualifying education classes in 2021.  The number of students will be limited in order to remain socially distanced at all times, and a mask will be required to be worn in all public areas of the class venue. Our main priority remains the health and safety of our members and our community.  We believe strongly that we will be able to offer you the quality education you are accustomed to getting from the Appraisal Institute, while providing the most secure environment possible during this unprecedented time. 

We want to offer our sincere thanks for choosing the TN Chapter of the Appraisal Institute for your educational needs.  We know that you have a lot of options out there, and we truly appreciate your support.

Sincerely,

Myra W. Pitts, Executive Director

TN Chapter of the Appraisal Institute

2020

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December 10th – Chapter Meeting & Officer Installation | Virtual (No CE)

December 14th – Ignorance Isn’t Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency | Virtual (4hrs)

December 14th – Litigation Assignments for Residential Appraisers: Doing Expert Work on Atypical Cases | Virtual (4hrs)

 

2021

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January 20th – Rapid Response: Market Analysis in Volatile Markets | Virtual (7 hrs)

January 25 – 28th – General Appraiser Income Approach/Part 1 | Nashville (30 hrs)

February 8 – 9th Real Estate Finance, Statistics, & Valuation Modeling | Nashville (15 hrs)

February 10 – 11thResidential Report Writing & Case Studies | Nashville (15 hrs)

February 25thGetting it Right from the Start: A Workout Plan for your Scope of Work | Virtual (7 hrs)

March 7 – 8th *Advanced Residential Applications & Case Studies Part 1 | Nashville (15 hrs)  *Please note: This class begins on a Sunday. 

March 9 – 12th Advanced Residential Report Writing Part 2 | Nashville (30 hrs)  

March 19th – *Appraising Condos, Co-Ops, & PUDS | Virtual (7 hrs)  *Please note: the maximum number of students for this class is 30 people.

April 12 – 15th General Appraiser Income Approach Part 2 | Nashville (30 hrs)

May 3 – 6thGeneral Appraiser Market Analysis & Highest & Best Use | Nashville (30 hrs) 

May 10 – 13th General Appraiser Report Writing & Case Studies | Nashville (30 hrs)

June 3rd 7 Hour National USPAP Update | Virtual (7 hrs) 

June 7 – 10th Basic Appraisal Principles | Nashville (30 hrs)

June 14 – 17thBasic Appraisal Procedures | Nashville (30 hrs)

June 21 – 22nd15 Hour National USPAP Course | Nashville (15 hrs)

August 16 – 17thResidential Market Analysis & Highest & Best Use | Nashville (15 hrs)

August 18 – 19thResidential Site Valuation & Cost Approach | Nashville (15 hrs)

August 23 – 26th General Appraiser Site Valuation & Cost Approach | Nashville (30 hrs)

September 1st Business Practices & Ethics | Virtual (6 hrs) 

September 20 – 23rdResidential Sales Comparison & Income Approaches | Nashville (30 hrs)

October 7 – 8thThe Appraiser as an Expert Witness: Preparation & Testimony | Nashville (16 hrs)

October 18 – 21st General Appraiser Sales Comparison Approach | Nashville (30 hrs)

November 8 – 11thGeneral Appraiser Income Approach Part 1 | Nashville (30 hrs)

 

 

 


Online Education
: Learn at your own pace anytime, anywhere.

Top-notch Appraisal Institute courses and seminars come straight to your desktop with online education! Learn from any computer anywhere, whenever you have time. It’s easy, convenient and a great way to get the education you want. Check out the current course listing now!

Click here to see an outline of the Reopening of Nashville in regards to the COVID-19 pandemic.

 

Important Info from Fannie Mae Regarding Inspections, Forms, Scope of Work, Certifications, etc

Fannie Mae has issued temporary guidance on appraisal requirements, including allowing desktop and exterior-only appraisals on many mortgage transactions, in Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals, which will be updated as needed.
Page 4 of LL-2020-04 includes links to modified certifications and instructions for both Desktop Appraisals and Appraisals with Exterior-only Inspections.
Please review these documents and note instructions for appraisers to copy the text indicated in its entirety and paste into their reports. You can access the Lender Letter and other resources on the Appraisers Page.

New Guidance for VA Appraisals Effective as of 03/27/2020

The two documents linked below were published by the VA today and provide updates on valuation practices to be followed during COVID-19.

These include guidance on inspections, appraisal forms to be used, extraordinary assumptions, certifications, scope of work, etc.

These guidelines are effective immediately as of 03/27/2020.

TN Governor Lee Executive Order No. 22 – Appraisers Listed as an Essential Service

On March 30, 2020, Governor Bill Lee issued Executive Order No. 22,  which is an order directing Tennesseans to to stay home unless engaging in essential activities to limit their exposure to and spread of COVID-19.

Please note that appraisers are specifically listed as an essential service on Page 9 of this order under Item No. 12 – Financial Institutions and Insurance Entities.

Executive Order No. 22 is linked here for reference.