Region Information

Region VI Chair
Richard F. Wolf, MAI, SRA, AI-GRS
rwolf@valbridge.com

Region VI Vice Chair
Joshua D. Garretson, MAI, AI-GRS, AI-RRS
joshua.garretson@farmcrediteast.com

Region VI Past Chair
Michael J. Mignogna, MAI, SRA, AI-GRS

mmignogna@mvginc.com

Region VI Third Director
Donald Boucher, SRA
donboucher@msn.com

Metro New Jersey Chapter Region Representative
Albert F. Chanese, MAI

Metro New Jersey Chapter Regional Representative
Jennifer Barany, MAI, SRA

Metro New Jersey Chapter Regional Representative
John J. Musnuff, MAI

The National Board of Directors has been busy in 2021. We have approved a number of motions that will provide tangible benefits for our members. We have approved and prioritized our strategic plan.  In November we received a Pathway to Success Grant from The Appraisal Foundation for the development of a Practical Applications of Real Estate Appraisal (PAREA) program to provide an alternative to the traditional experience requirement.  We have already begun work on its development.  We are hard at work trying to enhance our Diversity Equity and Inclusion (DEI) efforts. PAREA and the University Relations Committee (URC) are two ways we will accomplish this. Earlier this year, we eliminated the annual fee for student membership in the Appraisal Institute. In 2022 URC will reach out to 100 universities across the country that have real estate majors. URC now is searching for ambassadors for each university. The universities in Region VI are:

John Hopkins University

University of Baltimore

Monmouth University

Rowan University

Clarion University of Pennsylvania

Drexel State University

Morgan State University

Penn State University

Saint Joseph University

Temple University

University of Pennsylvania

George Washington University

Delaware State University – Dover

University of District of Columbia

Howard University

Bowie State University

Coppin State University

University of Maryland – Eastern Shore

Cheney University

The Lincoln University

The Appraisal Institute ambassador will be the first point of contact to the students at the university. The ambassador will inform the students of the appraisal field and the Appraisal Institute. Students will be encouraged to post their resume for an internship and/or appraiser trainee position to the Appraisal Institute website. Each Appraisal Institute member will have access to the resumes. This will provide our members with a pipeline to connect with real estate students interested in becoming a real estate appraiser or analyst.

Our members need to be aware of the opportunity and begin to plan to take advantage of this huge opportunity. Keep in mind that many of the universities have been approved for education credits from the Appraisal Foundation. For example, Pennsylvania State University has been approved for 285 hours towards the 300 hours required to obtain a General State Certification License. Thus, a company that hires a PSU student graduating from the real estate program will have a huge time and education cost savings. This is a paradigm shift in the market. The cost savings allows our members to provide more competitive salaries to prospective hires. As you look toward 2022 plan how you can take advantage of the opportunity!

If you are interested in becoming an Appraisal Institute ambassador for one of these universities, please reach out to Richard Wolf, Region VI Chair, at rwolf@valbridge.com  or Joshua Garrettson, Region VI Vice Chair, at joshua.garretson@farmcrediteast.com.

The Appraisal Institute has a bright future and we’re looking forward to a prosperous 2022.  Best wishes for a happy and healthy holiday season!

Richard F. Wolf, MAI, SRA, AI-GRS

Region VI Chair

 

 

 

The purpose of regions is mainly to serve as an information and networking conduit between the other two levels of AI’s structure: National and Chapters. It also enables members to develop leadership skills and exposure to those at the National level. To quote the AI bylaws: “The purpose of the regional structure shall be to facilitate the flow of information between the Board of Directors and the Chapters and among the Chapters within each Region and to provide opportunities for service to the Appraisal Institute.”

With 79 chapters and 10 regions, the average number of chapters per region is nearly eight. Region VI includes 10 chapters: three in New Jersey, four in Pennsylvania, plus the Delaware, Maryland and D.C. chapters. Only one other Region has 10 chapters.

Each Region has a Chair and a Vice Chair, both of whom serve on the National Board of Directors by virtue of their election to these Region positions. Each position has a two-year term, with the Vice Chair assuming the Chair position at the end of the Chair’s two-year term. In even-numbered years, each Region also has a Third Director, essentially a Vice Chair “in waiting.” Although they attend National Board of Director meetings, Third Directors do not have voting privileges at Board meetings. In odd-numbered years, a Region’s third Director becomes the Vice Chair, the Vice Chair becomes the Chair, and the Chair begins a two-year term as Immediate Past Chair.

In addition to these three officers (or four, depending on the year), the Region Committee consists of a Region Finance Officer (if it’s not one of the three officers), the 10 Chapter presidents, additional representatives from the chapters, and the member of the Region appointed by the national President to serve on the national Government Relations Committee. Region VI traditionally appoints the Third Director to the position of Region Finance Officer, which becomes the job of the Vice Chair in odd-numbered years. If a Region has a committee of Chapter Education Chairs (Region VI does not), a Regional Education Liaison would also serve on the Region Committee.

The additional representatives to the Region Committee are determined by the individual Chapters, and the total number of representatives a Chapter has is determined by membership census. If a Chapter has 50 or fewer designated member, its only member of the Region Committee is its Chapter President. A Chapter with 51-100 designated members has its President and Vice President as members of the Region Committee. For every 50 additional designated members, a Chapter has one elected representative to the Region Committee in addition to its President and Vice President. Chapters are encouraged to appoint alternate regional representatives in case their primary representatives are unable to attend Region meetings.

The Regional Nominating Committee is elected by the Region Committee and consists of five to nine members who serve two-year staggered terms (Region VI has seven). The Immediate Past Region Chair serves as the non-voting chair of the committee. The Regional Nominating Committee nominates a Third Director every other year, and every year nominates a Regional representative and an alternate to the National Nominating Committee, for election by the Region Committee at large. (The National Nominating Committee in turn nominates a candidate each year for national Vice President for the national Board’s consideration.)

The Region committee has four meetings every year, at least one of which is in-person. This gives the representatives a chance to discuss relevant issues with the leaders of the other Chapters, consider new ideas and solve problems, and coordinate education opportunities. One of AI’s executive officers is usually at the meeting or on the conference call, giving representatives a direct voice to National. Occasionally there are super-regional meetings involving more than one Region, often in conjunction with the AI annual conference. This gives the members of the Region Committee even more exposure to national Board members, committee members and the AI executive officers.

Michael J. Mignogna, MAI, AI-GRS

Region VI 2019 Chair