Officer Activity

LDAC 2017

Matt Speer and Dennis Dull would like to thank the Kansas City Chapter for sending us to the Leadership Development and Advisory Council meeting in Washington D.C. the first week in May. It was a privilege to represent the chapter and contribute to the current and long-term concerns of the Appraisal Institute.

We engaged in lobbying activity on Capitol Hill with visits to the offices of Senators Pat Roberts and Jerry Moran and Representative Kevin Yoder of the 3rd District in Kansas. The primary issues were similar to last year and centered around relief from regulatory burdens that are making it difficult for appraisers to be competitive in the marketplace. For a detailed list of the specifics check out the Appraisal Institute's talking points here:

  AI Lobbies-to-modernize-regulatory-process

We also spent significant hours in discussion groups on the following topics;

  1. Branding (Steve Henry, MAI)

  2. Specialization (Julie Battagilia MAI, AI-GRS)

  3. A Framework for the Future (Melissa Downing, MAI)

  4. A New Career (Travis Taylor, MAI)

Each of the Discussion Leaders will prepare a synopsis from all of the meetings and pass it along to AI’s Board of Directors to be considered at the next Board meeting. Some of the highlights include updating the Institute's website and bringing back meaning to the Designation letters as ways to enhance branding. Consider offering more education and certifications in various areas of specialization, but don’t create a litany of new designations.  In Creating a Framework for the Future, the need for bringing in younger talent was the obvious elephant in the room, and offering current technology is crucial to attracting millennials. In regards to New Career opportunities the ideas of training interns and offering flex hours were of few of the things discussed.

In all of the discussions significant attention was given to the SRA and in particular how to attract residential appraisers to the Appraisal Institute. This is the area where the Appraisal Institute is losing ground. This will be hard to accomplish as long as lenders are operating on a round robin engagement system. One popular suggestion was to bring back Associate Members until market and regulatory changes make it easier for appraisers with the SRA designation to distinguish themselves.

This is a brief highlight of the event. If you have any questions or would like to discuss anything about LDAC, please contact Matt or myself. Again, thank you for the opportunity to represent the chapter.

Dennis Dull