Massachusetts Rhode Island & Maine Chapter of the Appraisal Institute

03/13/2025

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02/24/2025

Massachusetts, Maine, Rhode Island, New Hampshire, Vermont, and Connecticut each have laws enabling the creation of accessory dwelling units (ADU). Some, like Massachusetts and Maine, just recently passed their new laws, others have been on the books for a few years. The public’s response to these law changes is considerable and you will see these assignments become more common. As a valuation professional, you must understand how to approach assignments that include one…or two or more units. Join us for a comprehensive program that guides you in planning for these assignments via Livestream Classroom on March 26th.

Register here:

Accessory dwelling units (ADCs) are a growing trend across the U.S. They have been around for years and often not identified as ADUs because they were not part of the zoning. As more families are finding it necessary to accommodate young adults not quite able to afford their own place, they are stay...

02/20/2025

01/09/2025

See the Appraisal Institute's position here: https://bit.ly/4287t72

11/19/2024

Recently, a HUD-funded billboard campaign stated, “Home appraisals should be based on property, not people.”

We wholeheartedly agree. Bias in appraisals is not only unethical—it’s illegal. However, this campaign unfairly targets a profession built on independence, impartiality, and consumer protection. In a powerful response, Sandra K. Adomatis, SRA, President of the Appraisal Institute, clarifies the critical role of appraisers, addresses misconceptions, and highlights the need for meaningful policy change to support housing equity.

Read Sandra’s full letter and learn why appraisers are key advocates for fair and objective valuations 👉 https://bit.ly/490vHl6

11/12/2024

Congratulations to Bryan J. Plourde, MAI, a partner at Maine Valuation Company in Gorham, ME on becoming a MAI Designated member and achieving a prestigious designation that differentiates him in a highly competitive marketplace! Best wishes for continued success.

11/04/2024

Congratulations to Christopher Moore, MAI, a Valuation Specialist at Colliers in Boston, MA on becoming a MAI Designated member and achieving a prestigious designation that differentiates him in a highly competitive marketplace! Best wishes for continued success.

10/09/2024

Congratulations to Carmen Cruz, who was recently awarded a scholarship by the Chapter's Hewitt Scholarship Committee to attend the General Appraiser Site and Cost Approach course this November at the Courtyard by Marriott in Woburn, MA. Carmen, a recent recipient of the Appraiser Diversity Initiative scholarship, is a Chapter Practicing Affiliate working towards her Certified General License. She resides in Newport, Rhode Island. When asked about the impact of the scholarship on her goals, Carmen shared, "This is a great opportunity to connect with others in the classroom. It's an advantage to take the class in person."

To learn more about Chapter's scholarship opportunities, visit: https://lnkd.in/eYZ2VYRQ

08/14/2024

AI President Sandy K. Adomatis, SRA has issued a statement in relation to AI’s recommendation to the AQB for periodic “recertification” of appraisers. Read the full statement here: https://www.appraisalinstitute.org/insights-and-resources/insights/newsroom/ai-news-releases/2024-08-special-presidents-message

08/09/2024

Register for the Appraisal Institute's next Trending Thursday webinar on 8/15 The topic is dealing with ROVs: Lenders will have to implement new reconsideration of value (ROV) processes and policies. Register here:

Bringing you expert voices on relevant issues appraisers care about.

07/19/2024

Join us on August 10th for the annual Summer Social. Tickets are now on sale! The Chapter has reserved tickets for Saturday, August 10th at Hadlock Field in Portland ME for a Portland Sea Dogs game in the the Park Avenue Plaza, which is conveniently located on the first base side of the ballpark. Ticket price will include exclusive access to the area where you’ll enjoy a ballpark picnic and move to box seats (section 202) in the stadium for the game. Single and group four package tickets available here;