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Fall 2017 North Star Newsletter
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North Star Chapter Newsletter: Fall 2017
In This Issue:
  1. President's Letter
  2. Board Member Spotlight
  3. Member Updates
  4. Chapter News
  5. Legislative Updates
  6. National News
  7. Save the Date!
  8. Call for Content
  9. Industry News
  10. News You Can Use!
  11. Quick Links

President's Letter

Greetings North Star Chapter Members:

The North Star Chapter has had a productive year. I would like to thank all the members of the Chapter for helping make it successful.  Thank you for being a member of the chapter, attending chapter meetings, and taking chapter sponsored education.  Thank you to the many members that served the chapter this last year as a committee member, a committee chair, a Board member, a region representative, and to those that served on the national level; without involved members the North Star Chapter would not be as successful.

I challenge each chapter member to be active and get involved during 2018 in the North Star Chapter.  Involvement is simple: attend a chapter meeting, take a chapter education offering, and/or volunteer to help on a committee or project team, and as a result both you and the North Star Chapter will benefit.

I would like to highlight some of the achievements of the North Star Chapter this last year: We had a well-received Annual Trends Seminar, sponsored three individuals to attend the LDAC meetings held in Washington, DC, the Government Relations Committee worked hard on passing additional legislation this year which benefits appraisers in Minnesota, and provided 23 education offerings including courses, seminars, and chapter meetings in Minnesota, North Dakota and South Dakota.

The Chapter worked with the North Dakota Appraiser Association (NDAA) to provide Appraisal Institute education in North Dakota during the last year. We look forward to continuing to work with the NDAA into the future to provide education in North Dakota.

Joe Mako, MAI; Lee Peterson, SRA; and Sam Schulte, MAI, thank you for your service on the board of directors for the past three years.  Welcome Christine Mackaman, MAI as 2018 Treasurer and as new board members in 2018; Jeff Dahlen, MAI; Brett Hall, MAI, SRA; and Tim Klein, Candidate.


(Continue reading here)

Sincerely,

Brian R. Tinjum, MAI
2017 President
North Star Chapter of the Appraisal Institute

Board Member Spotlight

In each newsletter, we will feature a North Star Board Member. This quarter we're talking with Joan Johnson, RM of Appraisals & Real Estate Research, Inc.

     
 
Q: How did you get into the appraisal industry?
A: I had met Ray Reilly, MAI, who was teaching a GRI course on appraisal for the North Dakota Realtors. I was actively selling real estate at that time and was earning my GRI designation. Following his presentation, I became interested in the appraisal profession. I was hired by Ray Reilly Appraisals in the late 70’s, as he was expanding his firm. Ray would often introduce me “as the token female," which was very fitting as there were not many women in the appraisal profession at that time. My prior sales experience seemed to be a natural transition into an appraisal career.


Q: Please tell us your business's story in five sentences or less. 
A: Following a path of professional growth and development, which culminated with completion of the RM designation in 1985 and a short joint venture with Appraisal Services, Inc of Fargo, Appraisals and Real Estate Research, Inc. was born in 1987. My professional path has been enhanced by the Appraisal Institute course work, designated peers, as well as a supportive family. I have been a part of many interesting projects over my professional career, several of which included flooded communities of North Dakota and Northwest Minnesota. Succession planning includes, my son Darin, who has been employed here since June of 1993. 


Click here to read the rest of our interview with Joan on the chapter website!

Member Updates


Awards & Honors:
MAI Designated Members:
  • Neal Eriksmoen, MAI - Appraisal Services, Inc., Fargo, ND (11/7/2017)
  • Ethan Waytas, MAI - Nagell Appraisals, Plymouth, MN (9/5/2017)
Candidates for Designation:
  • Bradley Dulas - Shenehon Company, Minneapolis, MN
  • Jedd Harms - Valbridge Property Advisors, Minneapolis, MN
  • Adam Lalim - Northeast Area Appraisals, Watertown, SD
Practicing Affiliates: 
  • Brian Anderson - Bloomington, MN
  • Valerie Morrison - Bloomington, MN
  • Jonathan Packer - Mark A. Oehrlein Appraisals, Edina, MN
  • Dan Sanders - Rogers, MN
  • Shawn Stumphf - Siwoski & Stumphf, Fargo, ND
  • Nathan Wareham - Patchin Messner Dodd & Brumm, Burnsville, MN
  • David Whartnaby - BlackDog Appraisal Inc., Fargo, ND
Ready to start the designation process? Click the banner above for more info! Need more inspiration? Watch this video from AI about how designations can help valuation careers!

Chapter News

 
The November Chapter Meeting is quickly approaching! The deadline to register is today, Tuesday, November 21.
 
November 2017 Chapter Meeting
Wednesday, November 29, 2017
5:00 - 9:00pm (BOD Meeting at 3:00pm)
Midland Hills Country Club
2001 Fulham Street
Roseville, MN 55113
Register Today!

James Murrett, MAI, SRA, President-Elect of the Appraisal Institute, will be the guest speaker.

The evening will include the Presentation of Designation Certificates and Installation of Officers for 2018.

Questions? Please contact info@northstarai.org or 651-925-5528.

Legislative Updates

 
Minnesota Updates Appraiser Law
Minnesota Gov. Mark Dayton on May 11 signed HF 593, legislation that makes several important changes to the state’s appraiser licensing and certification law, including issues concerning non-compliance with the appraiser licensing law and background checks. 
 
Under the new law, an allegation of non-compliance with the appraiser licensing law that does not rise to the level of being a disciplinary action is not considered to be a formal complaint. This is an important provision because under current law, all allegations of non-compliance — including frivolous accusations — are complaints that must then be reported by the appraiser when asked if the appraiser has ever been the subject of a complaint. The new law will not require appraisers to report allegations that don’t result in a formal disciplinary action. Likewise, minor disciplinary actions are expunged from an appraiser’s public record five years after an appraiser completes any sanctions.
 
The new law also clarifies that only an applicant for an initial appraiser license must undergo a formal background investigation. Existing credential holders need only disclose at time of renewal if they have been convicted of any crimes involving moral turpitude or that are substantially related to the real estate valuation profession.
 
Importantly, the new law establishes a six-year statute of limitations on civil actions against real estate appraisers for issues not related to fraud or intentional misrepresentation. The statute of limitations accrues from the date on which the appraisal services are performed or completed.
 
The Government Relations Committee of the Appraisal Institute’s North Star Chapter was heavily involved in lobbying for the passage of HF 593, which took effect July 1. This major bill is the second one proposed by the chapter that has been enacted into law in the last two years.

National News

AI Professionals' Feedback on Governance Structure | The Appraisal Institute has sought and continues to seek input from AI Professionals on the Governance Structure Project Team (GSPT) recommendations. No end date for the comment period has been set yet to allow for ample opportunity for AI Professionals to make their voices heard. One means by which AI Professionals can provide feedback on GSPT is through submission of comments. Those who indicate that they wish for their comments to be posted to the website can be found here (with or without their names, depending on their request).
Mark your calendars for July 30 – August 1, 2018, and join us for the Appraisal Institute’s biggest event of the year! 
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!

Have an appraisal or business article/story you'd like to share? 


Your name could be here!

We are seeking content for our Member Article section of the newsletter. If you have an interesting story on your experience in the appraisal industry, or perhaps some best business practices, or tips on how to make the best of your AI membership, we want you to share your story with your fellow North Star Chapter members! Your article will be featured in this newsletter (published quarterly), and on the North Star Chapter website (www.northstarai.org). 

Click here to read our article guidelines.

Please also feel free to share any articles you've previously written (that follow the above guidelines) or announcements of upcoming speaking engagements, and we can include them appropriately in the next newsletter and/or on social media.

If you are interested in contributing or have any questions, please contact info@northstarai.org.

Make sure to like us on Facebook and follow us on Twitter to keep up with all of the latest happenings at the Chapter! 

Industry News

News You Can Use: Links to Share with Your Clients

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