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Capital Update
September 4, 2014
Coming Education
October 6-10 - Review Theory - General – Rockville, MD Click here for details.
October 21 - IRS Valuation Summit – Washington, DC Click here for details.
November 6 - Chapter Meeting/Real Estate Update – McLean, VA Details to come.
November 18-21 - General Appraiser Market Analysis and Highest & Best Use - Rockville, MD Click here for details.
December 11 - 7-Hour National USPAP Update Course – Rockville, MD Click here for details.
December 12 - Business Practices & Ethics – Rockville, MD Click here for details.
Job Openings

Commercial Real Estate Staff Appraisers & Review Appraisers (Multiple Positions)
Congratulations to New Designated Members!

Casey Burns, MAI
John Fischer, MAI, AI-GRS
Joseph E. Nassau, MAI
Happy Hour
Connect with Metro DC Appraisers

Join Jim Audas, SRA, Don Boucher, SRA and Steve Rochkind, SRA for an informal happy hour at 6:00pm on Wednesday, September 24 at: 

Rock Bottom
7900 Norfolk Ave.
Bethesda, MD 20814
301-652-1311

No RSVP necessary. Just show up and enjoy!
In this issue...
Review Theory - General - October 6-10

Review Theory—General is the fundamental review course that all reviewers should have in their education background. It is a required course for individuals pursuing the Appraisal Institute General Review Designation.* Participants embark on an in-depth journey of the seven steps that are outlined through the review process, which is at the core of this course. 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 in order to develop opinions of appropriateness and credibility. By taking this course, participants may gain invaluable confidence on the fundamentals of review.

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.

Click here for full details and registration.

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IRS Valuation Summit - October 21

QUALIFY
TO ASSURE YOUR
SUCCESS BEFORE THE
IRS  & COURTS
 
Attend the
2014 IRS VALUATION SUMMIT
October 21, 2014 — Grand Hyatt in Washington, D.C.
 
In Tax Court appraisals are too often rejected. How can you avoid having your work rejected by the IRS and the courts? Join US Tax Court Judges, IRS Appeals Officers, IRS Appraisers, Attorneys, CPAs, MAIs and other experts involved in Fair Market Values to learn answers and explore solutions.  Of course, you can pick up 7 hours of high quality CE and may also find yourself sitting beside your next new referral source! Click here for program details and registration.
 
Brought to you by the Southern California and
Washington DC Metro Area Chapters of the Appraisal Institute

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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!

Our mailing address is:
Washington DC Metro Area Chapter of the Appraisal Institute
c/o Mariner Management
11804 Bare Sky Lane
Columbia, MD 21044

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