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In addition to the events listed in this edition of our Newsletter, visit the ASA NorCal website at www.ASANorCal.org to see the full calendar of events.  Our calendar is updated monthly and in addition to events sponsored by ASA NorCal, includes ASA National events, and events offered by partner organizations.

FEBRUARY CHAPTER MEETING

A Macro-Economic View of the World
for 2017

Thursday, February 23, 2017
Board Meeting:  5:15 pm (All members welcome)
Mixer:  6:30 – 6:45 pm
Dinner & Program:  6:45 – 8:30 pm
Location:  L’Olivier Restaurant, 465 Davis Court, San Francisco
Cost:
With Advance Registration — $50 Members / $60 Non-Members
At the Door — $60 Members / $70 Non-Members

Join us for the February Chapter Meeting when our speaker, Professor Michael Lehman, Ph.D., Faculty Emeritus, University of San Francisco, will guide us on a “step back”, with a review and discussion of macro-economic history and what we can learn from the past as we seek to navigate the economic road ahead.

Prof. Lehman will talk about declining profitability, its effect on the stock market, and the effect of the incomplete recovery of the housing and residential real estate markets on the economy. This look at global economic trends, sources of prior recessions, market bubbles, and economic recoveries may even help us to understand what to expect during the Trump presidency.

Prof. Lehman promises to leave plenty of time for questions and discussion of the topics that are of the greatest interest to appraisers from ALL disciplines.

To Register and pay online, click below or visit http://www.regonline.com/rsvp-feb

Prof. Mike Lehmann Professor Lehmann obtained his Ph.D. from Cornell University and has taught for 44 years at the University of San Francisco. He is the author of The Irwin Guide To Using The Wall Street Journal, which sold 250,000 copies in seven editions. Prof. Lehmann also developed a popular seminar, Be Your Own Economist®, on business and investment conditions that he offers to investors, corporations and professional groups. The San Francisco media frequently interview Prof. Lehmann on current economic events.  You can read his blog at  www.beyourowneconomist.com

NEWS FROM MEMBERS

JACK YOUNG, ASA–MTS/ARM,CPA and ASA NorCal past president, taught ARM-204–the Appraisal Review & Management, Advanced Topics & Case Studies course–in Las Vegas last month. 204 has been significantly revamped as the culminating course requirement on the way to the ARM designation. The course received by 100% positive reviews from participants. Well done!

NEWS FROM OUR EVENTS

REAL PROPERTY
Real Property Chair BRAD MacLANE, ASA has organized two well-received and attended events as part of an ongoing series. In December “Financial Statement Analysis for Real Property Going Concerns” and in January “Fractional Undivided Interests in Real Estate” classes were held at the Lafayette Library & Learning Center. Watch for news of more offerings in this series later in the year.

PERSONAL PROPERTY
In late January, Personal Property Chair JEREMY STONE, ASA organized, “Working with Galleries: What Art Appraisers Need to Know,” hosted by Rena Bransten Projects in San Francisco. The intent of this mini-seminar was to open a dialog with the art galleries in Northern California about what the American Society of Appraisers represents and why accreditation is meaningful. Jeremy invited three well-known gallerists as panel members, and three Accredited Senior Appraisers of fine art joined them to discuss how best to navigate the overlapping roles of appraisers and galleries in the appraisal process. The event drew an impressive crowd of of over 50 people including most of our ASA NorCal fine art appraisers, fine art appraisers gallery owners and many of their employees, along with museum professionals.

Upcoming Appraisal Institute Offering:

2017 Spring Conference

March 6, 2017
8:00am – 5:00pm
Location:  Doubletree Hotel
1150 Ninth Street, Modesto, CA 95354

The Northern California Chapter of the Appraisal Institute’s Annual Spring Conference is one of the Central Valley’s largest and longest running one-day appraisal events. Our 2017 conference builds and improves upon the success of prior years – featuring 9 informative breakout sessions and our NEW! Closing General Session to help wrap up the day!

All registrants will start off the day with our always informative, always thought
provoking State of the Profession before attending 3 of 9 breakout sessions of their choice

Breakouts Include

The Nitty Gritty of Soil
California High Speed Rail Project
Solar: Beyond Roofing Repairs
Commercial Market Update
The US Appraisal Regulatory System
It’s a Bird, It’s a Plane – It’s Drones in the Air!
Market Value of Ecological Assets
Residential Market Update
Organic Farming

Closing General Session
Ending on a High Note: What Appraisers Need to Know About Cannabis

Designed for state licensed/certified real estate appraisers, assessors & property tax appraisers, RE agents/brokers & others with interests in real estate, Annual Spring Conference provides a terrific forum for networking with other real estate professionals.

Applications for 7-hours (35 points) of Appraisal Institute, BREA CEC and SBE training credit are being submitted. Department of Real Estate (DRE) is not available for this conference. IRWA, ASFMRA and ASA typically offer reciprocal CEC credit for approved AI offerings; check with your organization for confirmation. Applications for CE pre-approval from states outside of California have not been submitted. Attendance requirements will be strictly enforced; 100% attendance required. Partial credit is not available. All requests for continuing education must be turned in at the conclusion of the conference. Verified attendance certificates will be returned by mail within 15 working days of the conference.