Great Lakes Chapter Winter Economic Summit 2021

Date: March 4, 2021

Location: Rochester, MI


Sponsor:
Great Lakes Chapter
Contact:
Mrs. Kaczor
Phone:
810-364-5640
Email:
jkaczor29@gmail.com
Website:
http://www.glcai.com/
Name:
Meadow Brook Hall
Address:
350 Estate Drive
Rochester, MI 48309
Speakers:
Hodge, PhD, Timothy

Notes

Additional Information

Oakland University Professor Timothy Hodge PhD, will be speaking on the impact

That his generation is having on the local and national housing market.  In

Particular, the impact on traditional downtowns vs. the suburbs he grew up in and how this impacts

appraisers today.

 

The training is 100% EDUCATION and not just a tour of the facility. We also would like to provide the following information as to why the tour is of paramount importance to appraisers in learning about the site and building information for furthering their professional careers in the valuation of historic properties, particularly as they are restored. About the Property Subject to Inspection Tour The first step of any appraisal is Problem Identification. And a large portion of the identifying the appraisal problem is identifying and understanding the description of the subject property’s physical characteristics. This goes beyond just the curb-side appeal of a property and its size. Physical characteristics include the location of the property as well as site and building improvements. Oftentimes an appraiser is left to their own assumptions of the reasons why a building is constructed the way it is, the choice of materials used (or even what the materials are), the intended use for the room designs, and the purpose for how the building was built. It is a rare opportunity to have a knowledgeable expert provide insight into the reasoning behind the physical features, as well as the understanding of how and why a property is constructed and how it changed over time. Building use changes over time as markets change. So to understand how a property is constructed from a historical perspective and then compare it to a contemporary knowledge brings an tremendous value to the knowledge repertoire of Michigan appraisers. This program will include a behind the scenes tour the Meadow Brook Hall (i.e., Meadow Brook Mansion) situated in Rochester Hills, Michigan.

This is NOT just a tour which would be liken to one given to a laymen tourist. This is a program designed specifically to enhance the understanding of historic and contemporary construction and design features. This program is designed as a result of feedback provided by students wanting a stronger grasp of “real life” construction examples.

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.