Join us on LinkedIn Follow us on Twitter Like us on Facebook Follow us on Instagram
 
  OCTOBER RESEARCH STORE Already a subscriber? LOG IN
AddControlToContainer_DynamicNavigation4

Appraiser News

A conversation with Craig Steinley, 2023 AI president

Email A Friend Printer Friendly Version
0 comments
Appraiser News
Wednesday, February 1, 2023
Exclusive

As the calendar welcomed 2023 onto its pages, it signaled the time to update everyone as to what the Appraisal Institute (AI) has in store for the next 12 months.

New AI President Craig Steinley took the time to share with us his thoughts on the profession, his goals as the organization’s president, and what he sees for appraisers during 2023. Steinley is proud to serve as president and is eager for what lies ahead.

“I’m very honored to have the opportunity to lead this organization during such an important time for the valuation profession,” he told Valuation Review. “The future of our profession is bright thanks to the work we’re doing to ensure its advancement.”

Initially, we wanted to discuss with the AI president where, specifically, the institute stands as far as the implementation of the organization’s strategic plan and the enhancement of the AI reputation and leadership abroad.

“The adoption of the strategic plan in 2021 was a major step forward as the organization looks to the future,” Steinley said. “Since the adoption of the plan, we have seen major steps taken on each of the five priorities, including board approval of the recommendations for improvements to modernize AI’s education delivery system and products. The board also approved several DE&I priorities, and specific plans are expected to be developed in the coming months.

“Work is underway to refresh the AI brand and website and we’ve already seen significant improvements in our communication methods, including the launch of our all-new Face Value podcast and Instagram channel. AI PAREA is another priority, along with ongoing efforts to recruit and retain AI professionals,” he added.

With regards to regulations, Steinley addressed the matter as to whether or not many of the regs and selected policies appraisers are asked to subscribe to are becoming more “up-to-date” as we head into 2023. He also discussed whether he expects more movement from Congress toward common ground when it comes to regulations.

“We’re anticipating an active regulatory environment, with the Property Appraisal and Valuation Equity (PAVE) action plan in the implementation phase, including several pertinent guidance and regulatory initiatives already underway,” he told us. “These include efforts to improve consumer disclosure and lender processes relating to reconsiderations of value and appraisal appeals; appraiser diversity; and automated valuation model quality control standards. Outside of PAVE, we anticipate the VA to engage in some cursory regulatory activity relating to a recent enacted law focusing on desktop and waiver policies; and the Internal Revenue Service will be implementing a new law relating to syndicated conservation easements.

“We believe Congress also will look at appraisal related issues, with the House potentially taking up the Portal for Appraiser Licensing Act (HR 5756 last session) and the Senate looking at broader appraisal regulatory structure issues,” Steinley added. “The divided government may be conducive to productive bipartisan legislative action, according to our analysis.”

Many people, including 2022 AI President Jody Bishop, have spoken highly of the incredible resiliency and adaptability appraisers demonstrated during the pandemic.

Steinley elaborated on this notion and spoke to his seeing an even greater need for adapting as the country, albeit not as bad as when the virus first arrived in 2020, is still dealing with COVID-19.

“I continue to be impressed by the way appraisers across the country have stepped up to face the challenges we’ve seen in the past three years,” he said. “The world changed in 2020 and appraisers continue delivering credible, reliable opinions of value that keep our profession strong.”

*Be sure to read Part II of our conversation with Craig Steinley.

Today's other top stories
An examination of appraisers’ non-lending skills
An analysis of the 2023 mortgage financing space
CoreLogic acquires real estate marketing firm
Clear Capital launches UDC
ASA, Valutico partner


COMMENT BOX DISCLAIMER:
October Research is not responsible for the comments posted on its websites by readers. We will do our best to remove comments that include profanity or personal attacks or other inappropriate comments.
Comments:

Be the first to leave a comment.

Leave your comment
CAPTCHA Validation
CAPTCHA
Code:
: 
: 
Your Email is for reporting purposes only. It will NOT be displayed.
Popularity:
This article has been viewed 1244 times.
A Twitter List by ValuationReview

Print Edition - March 20, 2023

News by Topic   Special Reports   Events   Subscribe
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
 
 
2023 State of the Industry
2022 Appraisal Technology
Voice of the Appraiser
Finding and Training the Next Generation
Appraising in a New Environment
Green Appraisals
Archives
 
National Settlement Services Summit (NS3)
Women's Leadership Summit (WLS)
Webinars
 
Subscriptions
Free Email Updates
Try a Free Edition
News by Edition   About   Other Publications    
February 6, 2023
February 20, 2023
March 6, 2023
March 20, 2023
Archives
 
Valuation Review
Contact / Editors
Social Media
Advertise
Are You An Expert?
Subscriber Agreement
 
Dodd Frank Update
RESPA News
The Title Report
The Legal Description
   
Copyright © 2002-2023 Valuation Review
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.valuationreview.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> Dodd Frank Update
> RESPA News
> The Title Report
> The Legal Description
> The October Store
Loading... Loading...
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
NEWS BY EDITION
SPECIAL REPORTS
EVENTS
RESOURCES
FREE EMAIL UPDATES
ABOUT
SUBSCRIBE
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
Sponsored Content
Current Edition
March 6, 2023
February 20, 2023
February 6, 2023
January 23, 2023
Archives
2023 State of the Industry
2022 Voice of the Appraiser
Appraisal Technology
Real Estate Compliance Outlook
Best Practices
Finding & Training the Next Gen
Archives
National Settlement
Services Summit (NS3)
Women's Leadership
Summit (WLS)
Webinars
2023 Economic Forecast Series
Compliance Series
Manufactured Housing
Appraising Office Space Today
CFPB Unconstitutionally funded?
Eminent Domain
Move to ANSI Standards
Keys For Operational Efficiency
New DEI Regulations
Drones Do's and Don'ts
How to be an Expert Witness
Webinar Archives
Executive Interview Series
Social Media
Valuation Review
Contact Us
Advertise
Are You An Expert
Subscriber Agreement