10-13-17

12B — October 13 - 26, 2017 — Central New Jersey — M id A tlantic

Real Estate Journal

www.marejournal.com

Southern New Jersey Chapter www.ai-snj.org Telephone 856-415-0281 • Fax 856-415-1952

Education Offerings Highlighted by September Symposium Dozen of interested appraisers attended the 22 nd Annual September Symposium, held on September 7 th at the National Conference Center in East Windsor. Attendees certainly found the day to be well worth it! • Class was excellent all-around including the facility, the instructor and the topics…five stars! • I enjoyed the class. It was informative and held your attention. • I enjoyed the format of one speaker very much. I didn't expect to like it, but if

the teacher is engaging, it makes for a good class. I thought the instructor brought forth useful information that we can put into practice. He well prepared and kept everyone engaged. The facility was good and the food was better than usual. • The topics were excellent; both timely and meaningful. I thought Mr. Joseph was one of the best presenters that I have witnessed. It was clear that he has a wealth of experience and knowledge AND he can relay that experience and knowledge in such a way that the audience loves it. He injected both humor and humility and got great audience participation. It was all top notch; I loved the stadium seating and the food was excellent. The topics for the day were Whose Rate is it Anyway?

and Real Estate Market and Feasibility Analysis --- Let’s Revisit. Both seminars were created and presented by Patrick Josephs, MAI, AI-GRS. He is the founder and CEO of PATJO Appraisal Services, Inc. – an international real estate appraisal and consulting firm headquartered in New York City. He has over 30 years real estate experience and over 25 years appraisal experience. He has conducted thousands of real estate valuation, market and feasibility studies and prepared thousands of reports on all property types. He is a Certified General Real Estate Appraiser in six states (NY, NJ, PA, CT, DE and Washington DC), an MAI member of the Appraisal Institute since 1996, a fellow of the Royal Institution of Chartered Surveyors (FRICS) since 2001, and a graduate of the real estate master’s program at New York University in 1993. His education & experience spans 3 countries; Jamaica-West Indies, the United Kingdom & the United States. He has been developing and teaching real estate courses and seminars for over 15 years. He has taught at Hofstra University and New York University in New York. He is an approved

The Appraisal Institute is a global professional association of professional real estate appraisers, with nearly 22,000 professionals in almost 60 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. For more information regarding the Southern New Jersey chapter , contact Lisamayweiss@hotmail.com , visit our Web site at www.ai-snj.org or www.appraisalinstitute.org . THE SOUTHERN NJ CHAPTER HAS BOTH OF THE CLASSES MENTIONED ABOVE BEFORE THE END OF THE YEAR DEADLINE! The NJ Rules and Regulations class will be October 20, and the USPAP update class will be December 6. Both classes will be held at the Adelphia Restaurant in Deptford. Email lisamayweiss@hotmail.com for more information, or visit www.myappraisalinstitute.org/education/southernNewJersey to register. Appraisal Institute Instructor and he teaches Appraisal Institute Designation Courses all across the United States. He also teaches real estate appraiser qualifying courses approved for State Licensing by the Appraiser Qualifications Board of the Appraisal Foundation. IN OTHER EDUCATION NEWS: As a condition of New Jersey Real Estate Appraiser license renewal, licensees must successfully complete the seven-hour National USPAP Update Course, or its equivalent, at a minimum of every two years. Equivalency shall be determined through the AQB Course Approval Program or by an alternate method established by the AQB. Do not send course documentation with this form. All licensed and certified real estate appraisers shall be required to complete a two hour course on New Jersey law and rules governing the practice of real estate appraising. The course at a minimum shall include: the origin and history of the Real Estate Appraisers Act, the Board composition, scope of practice, mixed practice conflicts of interest, continuing education requirements and criteria, temporary visiting certificates, trainee and supervisor requirements, appraisal reporting and common deficiencies, and the complaint process.

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