Chapter President's Message
Patrick Adamson, MAI, SRA
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It is hard to believe we are wrapping up 2022! This year has been very interesting. I have been honored to serve as Chapter President and I am optimistic of where this organization and more specifically, the Atlanta Area Chapter, is headed. We have confronted some difficult topics and some harsh realities with diversity, and I believe we have set the stage for progress.
In my last message, I was hoping to encourage single-family residential appraisers to be open to attending more Chapter events and make themselves more involved. I was happy to receive feedback, even if it wasn’t always positive.
As an industry, we must look more into the diversity of the people and leadership, but we also need to work harder on diversity of practice within our membership. Most of the appraisal profession consists of single-family appraisers, yet the Appraisal Institute has not been able to attract those professionals on any significant scale.
For me personally, I would not have the opportunities that I have in my practice, without the networking and knowledge that I have gained in the Appraisal Institute. Some clients or situations require the designations. Some clients have found me on the Appraisal Institute website; however, the jobs that have been most rewarding are those that have come from recommendations by my peers within the organization. I took the opportunity to volunteer in the leadership as a chance to give back to the organization that provided me the education and network to create a business that would allow me to take on the most complicated and interesting jobs in the appraisal business. I urge everyone to get involved with Chapter, Regional, and National leadership. The experience is worth the time, and I am happy to have been able to serve.
I hope everyone has a wonderful Holiday season and I look forward to continuing my involvement with the Atlanta Area Chapter and the Appraisal Institute.
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The Atlanta Area Chapter Leadership Wishes You a
Happy Thanksgiving and
Holiday Season!
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Education Schedule
Check your CE off your to-do list before Dec. 31st!
Aerial Inspections for Real Estate Appraisers
December 5, 2022 (7 hours CE)
Via Livestream Zoom
Instructor / Developer: Lamar Ellis, MAI, SRA
2022-2023 National USPAP Update
December 7, 2022 (7 Hours CE)
Via Livestream Zoom
Instructor: Jeff Miller, MAI, AI-GRS
Valuation of Conservation Easements
February 14-17, 2023 (30 hours CE)
Location: Atlanta Realtors Center / Sandy Springs
Instructor: Morgan Mellette, MAI
Advanced Concepts & Case Studies
(MAI Designation Course)
June 5-10, 2023 (40 hours DE)
Location: Atlanta Realtors Center / Sandy Springs
Instructor: Larry Wright, MAI, SRA, AI-GRS
(Stay Tuned for More Programs To Be Announced)
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Meet Our New Designated Members
Congratulations!
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Matthew Custer, SRA, AI-RRS
(Non-Practicing Designated Member)
Vice President
Red Sky Risk Services, U.S. Bank
Matthew Custer, SRA, AI-RRS, is currently a Vice President within U.S. Bank’s Red Sky Risk Services division. His primary responsibilities include oversight of the Direct Consumer Lending line of business’ use of appraisals and evaluations. He joined U.S. Bank in April of 2022 after an extensive career at Truist Bank.
Matthew Custer left Truist as a Senior Vice President in Retail Credit Risk Management. Prior to the Truist merger of SunTrust and BB&T, He served in the same role at SunTrust Bank. He joined SunTrust in 2011 as a Systems Procedures Analyst in Fraud and Collateral Risk Management and assumed the role of Collateral Investigations Manager in 2012. He then took on a broader role within SunTrust Bank as Consumer Chief Valuation Officer; responsible for collateral risk management, Appraisal Management Company (AMC) and fee panel appraiser selection and management oversight, Collateral Management System (CMS) administrator, collateral automated risk prevention and collateral investigations.
Prior to joining SunTrust Bank, Inc., Matthew owned and operated an independent fee appraisal company in McLean, VA. He served as owner and Chief Appraiser for ten years and was responsible for valuation/appraisal quality for several national, regional and local lenders. He currently holds a Certified Residential Appraisal license in Virginia and received an Appraisal Pre-License Education Instructor Certification in Virginia in 2016. Matthew is a former member of the United States Marine Corps.
A native of Falls Church VA, Matthew enjoys triathlon, and enjoys spending time with his family.
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J. Tyler Leard, MAI
Director
Specialty Valuation Group
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Welcome New
AI Professionals!
Candidate for Designation
Sandi Tristan Flantzer
Practicing Affiliates
Robert A. Griffith
Kelly Greer Hollifield
George Kaigler
Michael Dylan Kapp
Jonathan C. Langford
Jason Lawrence
Sheel Patel
Taylor Redmond
Christopher Reed
Samuel E. Turner
Alea Kaarra Walker
Student Affiliate
Armon M. Hayes, III
Xavier Ward
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Highlights from the 2022 State of Atlanta Conference &
4th Quarter Chapter Meeting
Follow the Atlanta Area Chapter's Facebook and Check Out the Photo Gallery HERE.
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Practical Applications of Real Estate Appraisal Mentor Program
Create the future of residential appraising! Become a mentor to participants enrolled in the Appraisal Institute Practical Applications of Real Estate Appraisal (AI PAREA) on a contract basis.
Providing an alternative to the traditional supervisor and trainee model for experience for licensed residential and certified residential appraisers, AI PAREA is an online program covering appraisal theory and methodology in real-world simulations, with mentoring from expert appraisers like you!
Mentors benefit from the AI PAREA program, too. Mentors gain a multitude of personal development benefits including:
- Advancing the profession and paying it forward through this legacy program.
- Exposure to new and different perspectives.
- Leadership skills.
- Communication and feedback skills.
- Network growth.
- Increased self-awareness.
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Appraising Change
By K.C. Conway, CCIM, MAI, CRE
Not since the passage of Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) in 1989 has the valuation of real estate come under such scrutiny and disruptive change as it has in 2022. For much of the past 30-plus years, commercial real estate valuations were credible, even during the COVID-19 pandemic. But commercial real estate valuation has become more complex due to the introduction of three factors:
- A blurring of real estate and business enterprise value.
- Environmental, social, and governance (ESG) and diversity, equity, and inclusion (DEI) constraints along with a new set of proposed appraisal guidelines and credentialing that may replace the Uniform Standards of Professional Appraisal Practice (USPAP).
- Practical Applications of Real Estate Appraisal (PAREA), which is the probable replacement criteria/methodology to overhaul current USPAP and appraisal guidelines.
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AI Board of Directors Adopts 45-Day Notice Item
During November Meeting
The Appraisal Institute Board of Directors voted to adopt one 45-Day Notice item during its Nov. 10-11 meeting in Chicago. The 45-Day Notice item addresses proposed amendments to the Bylaws regarding the International Member on the Board as set forth in the 45-Day Notice distributed to Designated Members, Candidates, Practicing Affiliates and Affiliates on Sept. 26.
Click here for more updates from the Board meeting.
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Visit the Atlanta Area Chapter's website for employment opportunities and data sharing requests.
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2022 Atlanta Area Chapter Leadership
Officers
Patrick Adamson, MAI - President
Hugh "Bo" Bass, Jr., MAI, - Vice President
Mike Hunter, MAI - Secretary
Rick Kenny, MAI, SRA - Treasurer
Directors
George Petkovich, MAI
Immediate Past President (Ex Officio)
Dori Bower, MAI, (Ex Officio)
Sherry Watkins, MAI, (Ex Officio)
Lauren Ledbetter, MAI, AI-GRS
Grant Griffin, MAI
Jeff Miller, MAI, AI-GRS
David Griffin, MAI, SRA
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2022 Regional Representatives
Hugh "Bo" Bass, Jr., MAI
Matthew Albigese, MAI
Peter Lamas, MAI
Robert Mancini, MAI
Christina Thoreson, MAI, SRA, AI-GRS
Adam Trammell, MAI, AI-GRS
Sandra Winter, MAI, AI-GRS
2022 Alternate Regional Representatives
Nick Barwig, MAI
Matthew Smith, MAI
Greg Malcolm, MAI
Jarrett Schleyer, MAI
Ashley Jernigan, MAI, AI-GRS
Carolyn Sawyer, MAI
Ryan Kiefaber, MAI
Kenneth Cantrell, MAI
James Griffin, MAI, SRA
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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!
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