I am beyond honored and humbled to accept the role as President of the Metro New Jersey Appraisal Institute Chapter. This coming year will come with its challenges but also opportunities for success with a tremendous demand for litigation, consulting, advisory and mortgage financing work. There has never been more of a need for our expertise than now and our membership is the most qualified for the job. So, let us all take 2021 as an opportunity to grow our businesses and in-turn grow our chapter.
Part of our chapter’s growth will be furthering our partnership with Monmouth University. As many of you know, James Meehan, MAI and I both teach at Monmouth University. In the coming year we will be attempting to finally close a partnership with Monmouth University and the Metro New Jersey Chapter to hold a joint conference. This will not only elevate our chapter but also bring a new source of future appraisers and potential membership. Further, James Meehan, MAI and I will be acting as Ambassadors between the Appraisal Institute and Monmouth University to attempt to obtain AQB credit for Real Estate Students at the school. This will help to bring a new life to our industry as students can then intern in college and potentially graduate as appraisers.
2021 will again be a year of uncertainty with COVID. We will continue to lead the way offering the latest information in New Jersey and the chapter will face the challenges as past president, Gary Wade, MAI led us thru in 2020. The Princeton conference will again be a 100% virtual event, which was widely successful in 2020. We are hopeful we can return to in person meetings and events by the 3rd quarter, but we will be prepared for anything.
Thank you again for the honor to serve the Metro New Jersey Appraisal Institute Chapter as your President for 2021.
Christopher J. Otteau, MAI, AI-GRS
2021 Metro NJ Chapter President