2Q 2022 President’s Message – Michael T. Mooring, MAI
I hope everyone is enjoying their summer. It seems universal
that everyone is extremely busy so remember to take some time to smell the
roses and take a nice vacation this summer.
The Louisiana Chapter is in sound financial shape. We were
very pleased with the attendance for the “Property Measurement & Pricing
Seminar” that was instructed by Cheryl Bella, MAI and the “Inconsistency: it’s
hidden in Plain Sight in Your (commercial) Appraisal” seminar instructed by
Rick Carlile, MAI, SRA. The feedback was positive for both courses, and we look
forward to providing other interesting continuing education courses in the
future. Please choose to get your education from the Appraisal Institute. It is
the best quality education, and the fees are the lifeblood of the chapter.
The pandemic forced immediate changes in the way education
is delivered mostly in the form of virtual classes. The Appraisal Institute
recently approved concurrent education (in person/virtual) on a national level.
Look for this type of education delivery to become more common in the
On the legislative front, the Louisiana legislature passed Senate
Bill 367 and will become effective upon Governor John Bell Edwards signature.
The new law creates major changes to our current Appraiser Certification law
including a new licensed residential category. Certification titles have
changed from “residential certified real estate appraiser” to “certified
residential appraiser” and “general certified real estate appraiser” to
“certified general appraiser”.
Additionally, the Certified Residential appraiser level has changed
regarding appraising other property types less than or equal to $500,000 market
value. It was previously set at
$250,000 transaction value. Please take time to become familiar with the
We are continually searching for members to participate in leadership
roles and would love to see some new faces come forward. Please contact us if
you would like to get involved.
Have a great summer.
Michael Mooring, MAI
2022 President, Louisiana Chapter of the Appraisal Institute