Sunday, May 9, 2010

NAR Legislative Meetings - Appraisal Committee

The National Association of REALTORS® meets in Washington, D.C. May 10 - 15. This is the 2010 edition of their Annual Legislative Meetings and Expo. The NAR Appraisal Committee will meet on Wednesday, May 12th. In addition, Appraisal Committee Leadership has a couple of extra meetings planned to advance the interests of appraisers within the NAR family.

Monday afternoon, Appraisal Committee Chairman Mack Strickland and I will meet with NAR 2010 President-Elect Ron Phipps. There are a number of issues we plan to discuss. Among them are REALTORS Property Resource and the REALTOR Valuation Model, NAR Legislative and Regulatory priorities with an effect on appraisers and valuation, and the NAR Appraisal Designation Program.

The Appraisal Committee has a full agenda. An overview of the agenda, along with that of all the NAR Public Policy Committees and Forums is available here. (See page 4).

In addition, on Wednesday afternoon, Mack Strickland and I will meet with the Leadership and other representatives of the NAR Professional Standards Committee. In addition to opening up a dialogue concerning Article 11 of the Code of Ethics and Standards of Practice of the NATIONAL ASSOCIATION OF REALTORS®, we will initiate an effort to more fully embrace appraisers in the wording of the Code. We will also propose that NAR develop a Quadrennial REALTOR® Ethics Training specifically for valuation professionals.

Both Mack and I will attend the Public Policy Coordinating Committee on Thursday, and will discuss legislation pending in Congress that affects the appraisal profession. I will be part of the NAR Board of Directors meeting on Saturday, in the event any appraisal related issue is to be decided.

There's much on our plate. I'll do my best to update you all when I return to the Sunshine City.