Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Celebrate the Appraisal Profession

The Appraisal Summit wrapped up last week in Las Vegas. The almost week long event ran from Tuesday November 17th to Friday November 20th. The Appraisal Summit is hosted by the Columbia Institute and co-sponsored by the National Association of Appraisers. I asked George Harrison of the Columbia Institute what someone should know who had never been to the Appraisal Summit before, he told me, “Take notes at the presentations, study the exhibits, learn by networking and above all, celebrate the appraisal profession.” Laurie Egan, President of the NAA, told me the best part about the Appraisal Summit was, “learning so much from all of the amazing speakers and exhibitors as well as the opportunity to interact with our professional peers.”

There were a lot of new things going on this year for the Appraisal Summit. This year in addition to the normal appraiser CE they offered an appraisal management track. This track was for appraisers and Appraisal management representatives interested in finding out more about some of the recent rules and regulations that have been put into effect. The appraiser track featured information on mobile appraising, new technology, improving your appraisals and more.

The trade show floor was full with vendors as the opening reception Wednesday night featured time to meet, greet, and eat with other people in the industry. The exhibitors and sponsors included appraisal software companies, Appraisal Management Companies, appraiser insurance companies, publishers and broadcasters, and much more.

At the end of the day, on Thursday, Phil Crawford, “The Voice of Appraisal” did a live podcast interview with the National Appraisal Congress to discuss their initiatives for the appraisal industry. You can listen to that recording HERE.

The final day featured more from the appraisal management track discussing emerging issues, background checks, and recent developments for appraisal manangement companies. The appraiser track featured helpful discussions for appraisers on improving their work and protecting yourself from possible issues and litigation. Joshua Walitt, who spoke on Friday said, “There was a perfect mix of appraiser, appraisal management, and bank representatives speaking to get a good barometer of appraisal industry as a whole.”

Overall most everyone would say the Appraisal Summit was a success. The opportunity for appraisers to communicate face to face with peers and potential clients is vital. The continuing education also assists appraisers to improve their work and meet their annual requirements. Any who is interested in attending the next Appraisal Summit September 14th – 16th back in Las Vegas, NV should contact teresa@appraisalsummit.net for more information or to register.

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Brent Bowen

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