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That same year he was admitted to the Illinois bar and moved to Chicago, pursuing a full-time career as a real estate analyst that had previously begun in college. In 1989, he was awarded designated membership with the American Institute of Real Estate Appraisers (today the Appraisal Institute).
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...
He attended the Reppert School of Auctioneering in December 1952 and started a local real estate and farm auction business. He was a licensed auctioneer, real estate broker and certified residential appraiser in the state of Indiana. [2] In 1971, the Auburn Chamber of Commerce needed fundraising for their annual classic-car show.
Member of the Appraisal Institute [62] MAI: Appraisal Institute: Senior Residential Appraiser [62] SRA: Appraisal Institute: Accredited Member [63] AM: American Society of Appraisers: Accredited Senior Appraiser [63] ASA: American Society of Appraisers: Real Property Administrator [64] RPA: Building Owners and Managers Association International
He served as the American Real Estate and Urban Economics Association's (AREUEA) President in 1990 and the Real Estate Center Directors and Chairholders' Association chairman in 1986–1987. To create and instruct courses and seminars, he has collaborated with different professional organizations, including NCREIF, PREA, the Appraisal Institute ...
The Appraisal Foundation is a non-profit organization established in 1987 by the largest valuation organizations in North America. The foundation was congressionally authorized to develop standards and qualifications for real estate appraisers under Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
The Appraisal Institute (AI), headquartered in Chicago, Illinois, is an international association of professional real estate appraisers. [1] It was founded in January 1991 when the American Institute of Real Estate Appraisers (AIREA) and the Society of Residential Appraisers merged. The AIREA and the Society were respectively founded in 1932 ...
Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...
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