The year 2020 is now in full swing, and I know it will be a rewarding one for our Chapter, its members, and affiliates.

That being said, I feel I must recognize some of our accomplishments in 2019 and give a special thanks to past president, Clayton Haehl, MAI, SRA, AI-RRS, for his leadership throughout last year.

Our chapter successfully merged with the Memphis Chapter and in doing so united the entire state under one new Tennessee Chapter AI banner! We also completed our second annual Real Estate Symposium in 2019 with great cooperation from the TN Bankers Association, sent 6 people to the Leadership Development & Advisory Council (LDAC), and made a substantial donation to the Appraisal Institute Education and Relief Foundation.

Our prosperity is most certainly a team effort, and we are all lucky to have such dedicated volunteers working for our chapter in Tennessee. 

Speaking of which, I would like to introduce the rest of your 2020 officers:

• Steven M. Goodpaster, MAI | Vice President 
• Benjamin R. Sellers, MAI | Treasurer
• T. Seth Rohling, MAI, AI-GRS | Secretary

As this is my first President’s Message, I’d really like to focus on two main areas for the remainder of this letter:

First, I’d like to encourage every member and affiliate to take advantage of our chapter's vast educational offerings across the state. We are the only chapter of the Appraisal Institute that has a no cancellation policy once a class is scheduled. In addition, we offer classes in all three regions of TN which are taught by some of the best Appraisal Institute instructors in the country.

The TN Chapter offers qualifying and continuing education, as well as, advanced classes for designation. We also have seminars which reflect responses to current demands in our profession.

As a reminder, our board of directors has approved a $50 education voucher (CODE: TENN2020) for our members that can be used to offset the cost of any one of our TN Chapter offerings this year.  A full schedule of our education and events for 2020 may be found on the homepage of our chapter's website: www.tnappraiser.org

Secondly, I hope you will strongly consider hiring a trainee in 2020. By all indications we are in for an active appraisal year, and most of us can use the extra assistance. There are many people in our state that are trying to get into our profession and the highest hurdle is finding a supervisor. It really does not matter if you work for yourself or in a large office environment; taking on a trainee or two can be a very rewarding experience for YOU!  I know it has been for myself and our firm. We all need to help grow our profession and this is one of the best ways to achieve that goal. 

I want to thank the chapter for the opportunity to serve as your President. I am looking forward to working with each of you this year. Please know that you can call or email me anytime if I can be of assistance. I hope each and everyone of you has a successful, productive and meaningful new year (both professionally and personally)!

Sincerely,

Murray W. Huber RM, CRP
2020 Tennessee Chapter President

The Tennessee Chapter would like to recognize and commend the following members for earning an Appraisal Institute Designation in 2019: 

• Mr. Dale K. Berry, MAI
• Mr. Gregory A. Bonneville, MAI
• Mr. Eben P. Bryant, MAI, AI-GRS
• Mr. Cary Lee Crain, MAI
• Mr. Patrick K. Gallagher, SRA
• Mr. Bradley Brownell Gauchat, MAI
• Mr. M. Andrew George, MAI, SRA
• Mr. Thaddeus Clayton Jones, MAI
• Ms. Callen C. Martin, MAI
• Mr. Jonathan Winn, MAI

Congratulations on your well-deserved success!  

The Tennessee Chapter’s next meeting will be held Thursday, February 27th at the Hu Hotel in Memphis, TN. 

Reid Dulberger, President and CEO of the Economic Development and Growth Engine (EDGE), will be our speaker.  Mr. Dulberger has nearly 30 years of experience in local economic development, having served with public and private entities in New York, Ohio, and Tennessee. In 2011, Mr. Dulberger was appointed the first President/CEO of EDGE. He concurrently serves as the Chief Economic Development Officer for the City of Memphis and for Shelby County Government.

As usual, this event is free for members and $25 per guest. Please register here if you plan to attend.

Chapter Meeting Venue Information:
Hu Hotel 
79 Madison Ave
Memphis, TN  38103

Schedule of Events:
4 p.m. – 6 p.m. – Board of Directors Meeting
6 p.m. – 7 p.m. – Cocktail Reception with cash/credit bar (weather permitting, we will be on the roof.  If not, we will be in a hotel ballroom)
7 p.m. – 9 p.m. – Dinner & Chapter Meeting

Valet Parking is available for $8. 

Public Parking is also available across the street in the Metro 67 parking garage for $8.  

Again, please register here if you plan to attend.

Hotel Reservation Info:                                          A block of rooms is being held at the HU Hotel under the group name: Tennessee Chapter of the Appraisal Institute.

You may click here to make a room reservation at the Hu Hotel.

Single Rate | Double Rate $189.00
King Guestroom $189.00

Room rates quoted do not include applicable taxes, fees or assessments, currently: 17.75% plus $2.00 per night TID Assessment Fee (City of Memphis) which are subject to change, or incidental charges.

Dear Region IX,

I cannot believe it is already 2020!  The new year has started out very strong for us.

Our Immediate Region IX Past Chair, Pledger M. (Jody) Bishop III, MAI, SRA, AI‐GRS, of Mount Pleasant SC began his term as Vice President of the Appraisal Institute on January 1.  We also welcome Robert R. Elliott, Jr., MAI, SRA as Third Director for Region IX. Rob is the current Chair of the Admissions and Designation Qualification Committee (ADQC) and is also a member of the Strategic Planning Committee (SPC).

Our first in‐person region meeting will take place on May 2nd at the JW Marriott Atlanta Buckhead.  On Friday, May 1st, we will host a 4‐hour mini‐LDAC. This event has been very successful in the past. It is a good opportunity to discuss hot topics that affect the future of the appraisal profession and our organization. Everyone is invited.  Our second in‐person region meeting will take place on August 2nd at the JW Marriott Orlando, Grande Lakes.  The 2020 Annual Appraisal Institute Conference will follow over the dates of August 3rd - 5th.  I anticipate a fun event with many opportunities for us to build our skills, network with clients and colleagues, as well as, enjoy the local attractions with family and friends.

This is my last year as Chair of Region IX.  Region IX Vice Chair James T. Ferstl, MAI will become the Region IX Chair in 2021, and Third Director Robert R. Elliott, Jr., MAI, SRA will become the Vice Chair.  It is reassuring to me to know that our region will be in great hands when they take over.

J.T., Rob, and I would like to thank all of the region’s chapter leaders for their dedication in 2019 and for volunteering to serve this year.  Chapter leadership requires many sacrifices.  We would also like to thank the executive directors for their service.  During the last few months, they have been under a lot of pressure. Each one has been proactive and diligent while working through the transition of the new association management software.

J.T., Rob, and I are always available to talk with you and address any concerns you may have about the profession or the Appraisal Institute.

The last three years have flown by.  It has been an honor to serve you, and I look forward to doing it one more year.  I hope you all have a great one!

Michael V. Tankersley, MAI, SRA, AI‐RRS, AI-GRS

Region IX Chair

A complete list of the 2020 TN Chapter of the Appraisal Institute's class offerings is below.  Please click on the title to register or to see additional information for each class, such as pricing and location.

You may also visit our local chapter website at www.tnappraiser.org any time to view and register for TN Chapter classes and events.

February 7th - Evaluating Residential Construction | Nashville (7 hrs)

*February 18th - Appraisal of Manufactured Homes Featuring Next-Generation Manufactured Homes | Memphis (8.5 hrs) 

February 10-11th - Real Estate Finance, Statistics, and Valuation Modeling | Nashville (15 hrs)

February 12-13th - Residential Report Writing & Case Studies | Nashville (15 hrs)

February 28th - 7 Hr National USPAP Update for 2020/2021 |  Memphis

March 1-2nd - Advanced Residential Applications Case Studies/Part 1 | Nashville (15 hrs)

March 3-6th - Advanced Residential Report Writing/Part 2 | Nashville (15 hrs)

March 13th - 7 Hr National USPAP Update for 2020/2021 | Knoxville

March 23-26th - General Appraiser Income Approach/Part 2 | Nashville (30 hrs)

March 30-April 3rd - Quantitative Analysis | Nashville (30 hrs)

April 20-23rd - General Appraiser Market Analysis and Highest & Best Use | Nashville (30 hrs)

May 1st - Simple Tools for Credible Results | Nashville (7 hrs)

May 4-7th - General Appraiser Report Writing & Case Studies | Nashville (30 hrs)

May 8th - The Cost Approach: Unecessary or Healthy to a Vital Practice | Johnson City Area (7 hrs)

May 22nd - 7 Hr National USPAP Update for 2020/2021 | Nashville

June 8-11th - Basic Appraisal Principles | Nashville (30 hrs)

June 15-18th - Basic Appraisal Procedures | Nashville (30 hrs)

June 22-23rd - 15 Hour USPAP Course | Nashville (15 hrs)

June 24th - Supervisory Appraiser/Trainee Appraiser Course | Nashville (7 hrs)

August 7th - Real Estate Damages | Memphis (7 hrs)

August 10-11th - Residential Market Analysis and Highest & Best Use | Nashville (15 hrs)

August 12-13th - Residential Site Valuation and Cost Approaches | Nashville (15 hrs)

August 24-27th - General Appraiser Site Valuation & Cost Approach | Nashville (30 hrs)

September 1st - Business Practices & Ethics | Knoxville (4 hrs)

September 10th - Artificial Intelligence, AVMs and Blockchains: Implications for Valuation | Chattanooga (4 hrs)

September 11th - Examining Property Rights and its Implications on Valuation | Chattanooga (7 hrs)

September 14-17th - Residential Sales Comparison and Income Approaches | Nashville (30 hrs)

September 21-24th - General Appraiser Sales Comparison Approach | Nashville (30 hrs)

October 5-9th - Advanced Income Capitalization | Nashville (30 hrs)

October 15th - How Tenants Create & Destroy Value: Leasehold Valuation and its Impact on Value | Knoxville (7 hrs)

October 23rd - Examining Property Rights and its Implications on Valuation | Memphis (7 hrs)

November 9-12th - General Appraiser Income Approach/Part 1 | Nashville (30 hrs)

December 11th - Ignorance Isn't Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency | Knoxville (4hrs)

December 11th - Litigation Assignments for Residential Appraisers: Doing Expert Work on Atypical Cases | Knoxville (4hrs)

*This class is being offered by the National Appraisal Institute office out of Chicago.  Please contact Sue Siradus with questions pertaining to this offering. 

DID YOU KNOW?

The TN Chapter NEVER cancels classes, so you should always feel free to make your travel plans far in advance without fear of having to change them later. 

We GUARANTEE it!

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