PLEASE NOTE: Photographs and videos shot at the 2023 AIC Annual Conference will be used in promotional materials, i.e., in print, electronic format, or in any other manner whatsoever, including on the AIC website. Registration for the conference signifies your free and knowing consent to this practice. Attendees also hereby assume full responsibility for their personal well-being.
2023 Golf Tournament
- Date: Wednesday, May 31st, 2023
- Time: 8:00 am – 4:00 pm
- Cost: $175.00
- Location: Fraserview Golf Club, 7800 Vivian Drive, V5S 2E6
Fraserview Golf Course offers an old course feeling in a West Coast setting. This well-maintained, traditional-style course offers topographical changes along majestic, tree-lined fairways, and overlooks the Fraser River.
Golf rate includes includes a buffet lunch and transportation to and from the Sheraton Wall Centre Vancouver.
- Date: Wednesday, May 31st, 2023
- Time: 1:00 pm – 4:00 pm
- Cost: $150 /person
- Departure Location: Sheraton Vancouver Wall Centre – Main Lobby
Granville Island is Vancouver’s destination for lovers of food, art and culture. During the tour, guests will savor a cornucopia of fine foods from independent farmers and food artisans throughout Vancouver and nearby farms; from cheeses to locally-made charcuterie, candied salmon to melt-in-your-mouth donuts. Touring Granville Island Public Market will be one of the most authentic ways to experience Vancouver.
Join us at the Sheraton Vancouver Wall Centre to kick off the conference! Pick up your registration package, make new connections and reconnect with colleagues. Appetizers and drinks will be available!
Dress code: Business Casual
Zahra Al-Harazi (Award-Winning Entrepreneur | Purpose-Driven Leadership Expert)
Considered among Canada’s most successful entrepreneurs, Al-Harazi helps people and organizations realize their potential for success by finding their purpose. She draws on her experience as a pioneering woman in the business world with a unique approach to attitude, leadership, and success, as well as her experience as a refugee, immigrant, entrepreneur, and community builder.
- Dave Black (AACI, P.App, MRICS)
- Amedeo Prete (AACI, P.App, MRICS)
- Chris Tanner (AACI, P.App)
- Andrel Wisdom (AACI, P.App)
Dave Black, the leader of JLL’s Valuation Advisory business in Canada, will host a panel discussion that provides a view on the current state of the commercial valuation profession from the perspective of AACI’s at some of the largest owners in the country. The conversation will cover recent value trends and experiences (eg. COVID-19, rising interest rates, ESG, etc.) as well as challenges facing current fee appraisers, opinion into best practices, the future path of the profession, etc.
- Ning Zheng (AACI, P.App)
This presentation will show the audience how to prepare assessments using deep learning (one of the machine learning technologies), specifically the Tensorflow Neural Network model (technology developed and maintained by Google). The presentation will include time adjustment analysis, data preparation, model building, and evaluation of the model output. The data (sales) used is from municipalities in the Province of Alberta. All the sales are single family properties.
- Katja Kim
- Keith Maclean-Talbot (AACI, P.App)
The presentation will discuss the variety of strategies and industry relationships needed to be successful in the assessment appeal business (whether as an Assessor or Private Appraiser). The presentation format will involve a high-level look at the variety of assessment appeal processes across Canada and then drill down to the essential skills required to be successful in any assessment jurisdiction.
Pick up Location: Sheraton Vancouver Wall Centre – Main Lobby
Event Location: Stanley Park
Shuttle Departure Time: 5:45 pm – 6:45 pm
Event Time: 6:00 pm – 10:00 pm
This year’s networking night will be at Stanley Park Pavilion, a historic site in Vancouver. Prepare yourself for an evening of delicious food, exciting activities and lots of networking!
Dress Code: Business Casual, it may get cold at night so consider bringing a wind breaker.
- Leigh Walker (CRA, P.App)
- Mike Laporte (AACI, P. App)
Real estate appraisers must answer a number of questions during the analysis of a subject property to determine its value such as what are the market conditions, property type, externalities, positive and negative influences etc. But what about these questions for appraisal firm owners?
Are you running the most efficient appraisal firm? Have you maximized your earning potential as an owner of an appraisal firm? Is your business ready for the future of our profession? How well is your business likely to handle shocks to the real estate market or economic downturns? How well would your firm run without you? Do you have a succession plan or exit strategy for your business? Are you working ON or IN your business?
While these questions aren’t important to appraising real estate, these questions are integral to having a successful career as an appraisal firm owner. This informative and inspiring session will take a deep dive into all facets of running the most successful real estate appraisal firm possible in today’s climate.
- Laurel Edwards (AACI, P.App)
- Renato Jadrijev (AACI, P.App)
A panel discussion with 4 individuals with AACI designations who have chosen roles outside of typical fee appraiser. This panel will highlight all the ways a AACI can be valuable in a career path, beyond the typical route.
- Kim Passmore (AACI, P.App)
- Brandon Wilcox (AACI, P.App)
This presentation & discussion will go over some things to consider when valuing farms, such as; location, site composition, soil, tiling, etc. as well as a variety of market trends from the beginning of the pandemic until present. Some examples of trends include; changes in the contributory value of building improvements, increase in intensified livestock operation transactions, changes with respect to prime farmland and economies of scale, etc.
- Kevin Collins (AIC Director of Member Education)
- Mike Schulkowsky (AACI, P.App)
(Tyler Beatty, President’s Citation, Honorary AACI, 50 Year)
- Andy Pham (AACI, P.App)
It should be no surprise to you that the typical Lender does not read an appraisal report from start to end. However, there are sections that get scrutinized when Lenders underwrite a deal. Listen to what practices are in the market of published appraisal reports and which ones are more appreciated than others from the Lender’s perspective. Hear why you might want to spend extra effort on certain sections of your appraisal report. This could be a dry topic, but the speaker will try to entertain and educate at the same time. Join this session and form your own conclusion.
- Glen Earle (AACI, P.App)
- Dan Doucet (AACI, P.App, Fellow)
- John Glen (AACI, P.App)
- Louis Poirier (AACI, P.App)
RECORD DAMAGES FROM NATURAL DISASTERS
ATLANTIC CANADA FIONA 2022
BC FLOODS AND WILDFIRES 2021
CUSPAP REQUIRES CONSIDERATION OF DETRIMENTAL FACTORS
RANDELL BELL INCLUDES NATURAL HAZARD IN HIS ANALYSIS OF DETRIMENTAL CONDITIONS
APPRAISERS NEED TO CONSIDER RISKS ASSOCIATED WITH BOTH WEATHER RELATED AND GEOLOGICAL NATURAL HAZARDS
SUGGESTIONS ON ADJUSTING THREE APPROACHES TO REFLECT NATURAL HAZARD RISK ISSUES ASSOCIATED WITH FLOOD
INSURANCE OR LACK THEREOF CHANGES TO BUILDING CODES AND PLANNING REGULATIONS.
Keynote: David Chalk
Technology Navigator | Artificial Intelligence & Cybersecurity Expert
David Chalk is a Realistic Futurist with a 25-year history of accurately predicting the interaction of humans and machines. Awarded a Doctorate Degree in technology by the University of the Fraser Valley, Chalk presents what audiences need to know to succeed in business, technology and life. As an expert on technology and disruptive innovation, David has worked in Artificial Intelligence at the highest levels and can unconditionally confirm that humans will always triumph over machines and why.
- Cocktail: 6:30 pm – 7:00 pm
- Dinner and Awards Ceremonies: 7:00 pm – 9:00 pm
- LIVE BAND PERFORMANCE: 9:00 pm – Late
- Terry Dowle (AACI, P.App)
- Jonathan Fenn (B.Comm)
Why are appraisers well-suited to conduct Reserve Fund Studies? What’s in it for me? What do I need to know? What tools are available to me? How can I gain experience? Who can I market for this work?
Reserve Fund Studies are reports that recommend funding options for condos to maintain their common assets.
These reports are required by several provincial acts and need updates as frequently as every three years.
This seminar is a crash course for understanding your next steps to diversifying your practice with Reserve Fund Studies, suitable for novices, experts, and everyone in between.
Speaker: Brian Gay, AACI, P.App
Description: Through an interdisciplinary perspective, the session will present an understanding of governance. Interweaving the importance of having an equity, diversity and inclusion lens and culture, the session will provide a fundamental awareness of how governance can be measured and as such managed to provide effective decision making and management. This interactive session will draw from built environment examples and build on existing participant knowledge.
- Alisa Zorina (AACI, P.App)
The presentation will address the difference in approach to capitalizing income from a perspective of business vs real estate valuation. Specifically, I will contrast stabilizing adjustments in real estate (bringing rents to market lvls) vs normalizing adjustments in business valuation (adjusting for non-recurring events). This will be the foundation from which I will demonstrate the difference between valuing a real estate asset (income approach) and valuing a business (income approach). In closing, I will highlight that a real estate valuator values the asset, while a business valuator values the operator of the collection of assets (that is, a business).
- Pat Woodlock (AACI, P.App)
The presentation will examine the contributory value of parking stalls in various property sectors. Agenda:
1. Introduction: Lost parking contributory values; the appraisal industry and litigation support.
2. Contributory value of residential garages.
3. Contributory values of parking stalls in new and/or underground parkades.
4. Contributory value of ‘lost’ parking stalls in a retail investment property.
5. When to apply such analysis.
6. The bulk of the presentation will be a review of an applicable court case:
• The subject property, the appraisal problem, and the valuation technique.
• Expert witness experience in this case and in others.
• The outcome.