April 18, 2010 at 12:00 am
MEREDA Hosts Breakfast Seminar Revisiting Appraisal Topic in Portland: “Appraising Commercial Real Estate In A Dynamic Market – Rules & Regulations”
Sponsored by: Maine Valuation Company & Norway Savings Bank
When: Tuesday, May 18, 2010 | Time: 7:30 – 9:00 AM
Where: Holiday Inn By the Bay, 88 Spring Street, Portland, ME
Buffet Breakfast: 7:30 ~ Program: 8:00 – 9:00 AM
About the Event:
The real estate appraisal profession has evolved greatly with changes in regulations, technology, and competition since 1991 – and the pace of change shows no sign of abating. In short, appraisers are now called upon to do more work for regulatory compliance with less time and fee resources to meet the needs of a dynamic and competitive market place (sound familiar?). Current market forces related to credit availability, collateral value, effective demand and supply are exacerbating the process.
This program will provide participants with an overview of some of the most significant and current regulatory driven aspects of providing commercial real estate appraisal services in Maine today. Topics will include: the Uniform Standards of Professional Appraisal Practice (USPAP); the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA); the Maine Board of Real Estate Appraisers (MBREA); current sources of demand, assignment types, and trends from an appraisers’ perspective. Examples of “real world” logistics of how Banks and other Clients interact with an appraiser from the beginning to end of an assignment will be provided to facilitate a better understanding of the process. You may be surprised at what you learn. Participants are encouraged to bring any/all questions and valuation problems for discussion.
Join us on Tuesday, May 18, 2010 from 7:30 – 9:00 AM at the Holiday Inn By the Bay, 88 Spring Street, Portland, ME as our panelists provide an overview of some of the rules and regulations of appraising commercial real estate in Maine.
Registering for this Event: Ticket Prices: Members: $40 pp | Non-Members: $50 pp
Register After May 12th: Members: $50 pp | Non-Members: $60 pp
For more information and to register: Register by calling the MEREDA office at (207) 874-0801, or register by clicking here. An RSVP is requested on or before May 12, 2010. Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after May 12, 2010.
Founded in 1985 and celebrating its 25th Anniversary, MEREDA is an organization of commercial real estate owners, developers and related service providers, whose mission is to promote an environment for responsible development and ownership of real estate throughout the State of Maine.
Categories: Press Release