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:

We plan to offer our comprehensive lineup of in-person qualifying education classes in 2021.  Due to the ongoing COVID-19 Pandemic, the Tennessee Chapter of the Appraisal Institute is adhering to strict social distancing guidelines in order to provide the safest possible in-person classroom experience.  A mask is required to be worn unless seated in the classroom.  Temperature checks will be performed before being allowed to enter the building each day.  Food is not permitted inside the venue.  Students who wake up not feeling well should NOT come to class.  A full refund or credit for the class will be issued in this instance.  

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

2021

Please Click the Title to Register. 

DATE TITLE LOCATION HOURS TYPE 7 CE
March 7 – 8th  

*Advanced Residential Applications & Case Studies Part 1 

*Please note: This class begins on a Sunday.

Nashville 15/16 QE/CE
March 9 – 12th Advanced Residential Report Writing Part 2 Nashville 30/28 QE/CE
March 19th *Appraising Condos, Co-Ops, & PUDS  

*Limited to 30 students

Virtual 7 CE
April 12 – 15th General Appraiser Income Approach Part 2 Nashville 30/28 QE/CE
May 3 – 6th General Appraiser Market Analysis & Highest & Best Use Nashville 30/28 QE/CE
May 10 – 13th General Appraiser Report Writing & Case Studies Nashville 30/28 QE/CE
June 3rd 7 Hour National USPAP Update Virtual 7 CE
June 7 – 10th Basic Appraisal Principles Nashville 30/28 QE/CE
June 14 – 17th Basic Appraisal Procedures Nashville 30/28 QE/CE
June 21 – 22nd 15 Hour National USPAP Course Nashville 15/14 QE/CE
August 16 – 17th Residential Market Analysis & Highest & Best Use Nashville 15/14 QE/CE
August 18 – 19th Residential Site Valuation & Cost Approach Nashville 15/14 QE/CE
August 23 – 26th General Appraiser Site Valuation & Cost Approach Nashville 30/28 QE/CE
September 1st Business Practices & Ethics Virtual 6 CE
September 20 – 23rd Residential Sales Comparison & Income Approaches Nashville 30/28 QE/CE
October 7 – 8th The Appraiser as an Expert Witness: Preparation & Testimony Nashville 16/15 CE
October 18 – 21st General Appraiser Sales Comparison Approach Nashville 30/28 QE/CE
November 8 – 11th General Appraiser Income Approach Part 1 Nashville 30/28 QE/CE

 

 


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!

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.