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PRESIDENTS'S MESSAGE - 2010 Glenn A. Gabberty, SRA Long Island Chapter President - Year 2010 I’d like to welcome you to the web site of the Long Island Chapter of the Appraisal Institute. Since being founded in 1973, The Long Island Chapter has been one of the leading Chapters in the 22,000 member Appraisal Institute.
Our members provide a wide variety of valuation and consulting services, and represent some of the most experienced, educated and talented real estate professionals practicing in the Long Island, New York metropolitan region. Our members benefit from an array of professional education and advocacy programs and our designated Members are recognized for having extensive training, education and experience. I ask you as Members, what YOU have done, personally, to make the public and private sectors know this? One of my primary goals as President in 2010 is to “Spread the Word” to all users of appraisal and real property consulting services about the importance of using the knowledge base and experience of AI Members during this economic crisis.
I’m certain that I don’t have to remind everyone of the current economic crisis that we are facing in the United States, which was caused, in a great part, by the housing crisis, and has now been expanded to include commercial real estate.
As I mentioned at the 2009 Holiday party, we, as members of this Organization, have available to us, literally dozens of ways to make a good, respectable living, utilizing our knowledge and experience. I want our members to be reminded that we do not have to suffer financially, as bad as some other professions are, as we have alternatives as AI Members, through our specialized courses and seminars and Certificate programs. During difficult times such as the one we are presently experiencing, we have opportunities, through the courses and seminars offered by our Chapter, as well as surrounding Chapters and National, to expand and to shift our offered services from the mortgage world, that so many of us have depended on, to other sources of appraisal assignments, ranging from Attorneys, Financial Planners, Municipal work, and an array of alternate assignments to mortgage appraisal work. I urge everyone to take advantage of the Chapter’s seminars and dinner meetings, and to expand your horizons “Outside the Box” of mortgage appraisals, to the seemingly endless alternative uses of your knowledge and skills.
As members of this chapter we all should be proud of the accomplishments of our members who represent us on both a Regional and National level. At our dinner meeting in October, we recognized one of our Chapter’s greatest assets, by honoring Dave Bradley, MAI, SRA with the first Chapter Lifetime Achievement Award. Dave, through his countless hours of service to our Chapter at board meetings, his un-paralleled educational offerings at the Chapter level, as well as his national educational offerings, has played an integral part in putting our Chapter on the map.
The Long Island Chapter is nationally recognized as a leading Chapter by virtue of Members like Dave, and others, like Gary Taylor, MAI, SRA, who served as our local President, as a Regional representative and as our National President; and there are many others like them in our Chapter who continue to make the Long Island Chapter a model Chapter.
We are truly blessed to be a part of one of the most innovative and dedicated Chapters in the country. Our Chapter sets an example to other Chapters, through our educational offerings, the high quality of our guest speakers at dinner meetings, and our commitment and dedication on the Regional level.
Our Chapter was very instrumental in obtaining revenue sharing of online education monies, and played a very active and persistent role in pushing to have our voices heard in Chicago on this matter, through our Regional meetings and our outstanding Regional representatives. I am very proud to be your President in the year that our efforts in this important endeavor have come to fruition. It proves that this is OUR Organization, and for the most part, WE can control it.
In addition to the online revenue sharing, in 2010, we are presenting a new Chapter Sponsorship Program, which will offer the opportunity for firms and individuals to promote their businesses by advertising in various publications, as well as a link to our Chapter website. This offering will also bring a new source of revenue into the Chapter. We will also be offering opportunities for firms to advertise on our Chapter website, which received an estimated 16,000 ”hits” in 2009 by not only Members, but the general public and Users of appraisal services.
Other sources of revenue to the Chapter include another offering from Chicago, which enables Chapters to be reimbursed for 50% of our promotional costs, up to a limit of $750 per calendar year, for any promotions that promote the value and image of the Appraisal Institute. This offering equates to $750 in free promotional costs to our organization, if we spend $750 promoting the Institute to external audiences to other allied professional groups, the general public, etc., and it will be my recommendation that we use this money as it only benefits our Membership at a relatively low cost. A broad variety of promotional activities qualify for reimbursement, and we will be discussing these at our Board meetings.
Additionally, a new revenue source will now be available, which is a $255 reimbursement hosting fee for any Chapter who holds a telebriefing that gains two new Members, in any category of Membership as a result.
Speaking of new Members, this will be another of my primary focuses for the coming year. I see these “Troubled Economic Times” as an opportunity to promote the AI to everyone I come into contact with, and I STRONGLY encourage all of our Members to do the same. It was the Great Depression that caused the formation of the American Institute and the Society of Real Estate Appraisers, because Users of appraisal services yearned for protection of their assets by using Professional Appraisers, and it is OUR Membership that so many Users are now turning to, in seeking the same protection. I have personally noticed over the past year, the sudden increase in interest in our designations as opposed to Certified Appraisers, with no affiliation to a professional appraisal organization. We have an opportunity during these turbulent times, to regain the awareness of the benefits of using Appraisers who hold, or are working toward, an appraisal designation with the AI, and the time is NOW to encourage new Associate and Affiliate Memberships to those who are suffering from the economic downturn that is upon us. We all know that the benefits of membership in the AI greatly outweighs what may seem to appraiser “Outsiders” as an unnecessary cost when times are hard for them; but it our duty, as Members to enlighten these Appraisers of the benefits and how, by ALL of us spreading the word to let these appraisers know that the benefits do outweigh the costs, and that the costs will come back to you many-fold, if you market your membership correctly, at any level of membership.
I’d like to remind our membership that is OUR profession and OUR responsibility, as individuals, and as a Chapter Member, to ensure its survival.
We need to encourage and assist those non-designated members toward their respective designation goals, to both grow our “Aging” Membership, as well as draw more attention to the benefits of using our proficient services. I cannot stress enough how valuable these bad economic times can be for us to bring all the attention to our organization that we can. I urge non-active Members, who have benefited through their designations, to volunteer some of their time, to not only keep this Chapter strong, but to grow it and let the public, as well as the private sector, be reminded just how valuable to them our knowledge and experience is to them.
In the coming year, we will continue to reflect the Chapter’s commitment to keeping membership educated in their respective fields of expertise, by offering seven seminars, beginning with “Residential Design”, on February 15, with six more to follow, thus far, including the 7-hour USPAP Update, which will be held in March, July and November, to meet our member’s needs, and the 7-hour Business Practices and Ethics course, which is required by all Members in each 5 year cycle.
My personal thanks go out to Tony Marmorale, SRA for Residential seminars, and Glen Wilson, for Commercial seminars. These two Members share an outstanding ability to arrange seminars that are sensitive to the current issues facing the appraisal profession.
In addition to the courses and seminars, we also have dinner meetings between February and October with topical guest speakers. Our first dinner meeting of the year will be on February 24th and I look forward to seeing all of you there, to network, share ideas and discuss how to capitalize on these negative economic times by letting the public know, by any means possible, that WE are the Professionals they need to help them through this crisis. Matt Guzowski, MAI, our Senior Vice President, and Program Chair, has expressed to me his desire to bring in guest speakers to our dinner meetings, various economic experts, to keep us up to date with the local economy. Matt is determined to help keep our membership well-informed and I’m certain he’ll do a great job of it.
Within our web site, thanks to Gerard O’Connor, SRA, our 2010 Treasurer, and Research and Technology Chair, you will find a Chapter Member Directory, information about the real estate appraisal profession, our calendar of meetings and educational offerings, industry news, and many other useful links, including the new advertising campaign.
In closing, I would be remiss to overlook the incredible importance to our Chapter or our Executive Secretary, Francine Morgenstern. This Chapter owes a debt of gratitude that cannot be measured to Francine. Behind every effort, every Member’s volunteer hours of service, and every event that this Chapter sponsors, it is Francine that guides each of us in our respective roles, including our elected Positions. Francine; on behalf of the Chapter and myself; Thank You.
I’d also like to express a deep gratitude to Frank Notaro, MAI, our 2009 Chapter President. Frank set and met many goals during a very rough year of national recession. I learned a lot from him about our Organization, our Chapter, and how to be an effective leader.
It is my pleasure, as well as my honor to have been selected by my peers to serve as the 2010 President of the Long Island Chapter of the Appraisal Institute. I welcome any questions, comments, or suggestions that you may have.
Glenn A. Gabberty, SRA
LIAI Chapter President 2010
PAST PRESIDENTS
| 2010 | Glenn A. Gabberty, SRA | |
| 2009 | Frank Notaro, MAI | |
| 2009 | Frank Notaro, MAI | |
| 2008 | Andrew W. Albro, MAI | |
| 2007 | Anthony M. Marmorale, SRA | |
| 2006 | Kevin W. Matheson, SRA | |
| 2005 | Robert Smith, MAI | |
| 2004 | Howard Morris, SRA | |
| 2003 | Bob Studwell, MAI, SRA | |
| 2002 | James Cowan, MAI | |
| 2001 | Dominick Buffa, MAI | |
| 2000 | Edward T. Drake, Jr., MAI, SRA | |
| 1999 | Matthew L. Smith, MAI, SRA | |
| 1998 | James G. Taylor, MAI, SRA | |
| 1997 | Richard A. Meyer, SRA | |
| 1996 | Carol Sweeney, MAI | |
| 1995 | Judy MacCrate, SRA | |
| 1994 | Robert A. Brancato, Sr., SRPA, SRA | |
| 1993 | Kenneth M. Herbert, SRPA, SRA | |
| 1992 | Gary P. Taylor, MAI, SRA | |
| 1991 | Howard R. Brower, Jr., MAI, SRA | |
| 1990 | John J. Hogan, MAI, SRA | |
| 1989 | Richard Marchitelli, MAI, SRA | |
| 1988 | Kenneth J. Withers, MAI,SRA | |
| 1987 | Michael F. Fitzgerald, MAI, SRA | |
| 1986 | Brian R. Corcoran, MAI, SRA | |
| 1985 | David M. Bradley, MAI, SRA | |
| 1984 | John J. Healy Jr., MAI, SRA | |
| 1983 | James R. MacCrate, MAI, SRA | |
| 1982 | Robert Marks, MAI, SRA | |
| 1981 | J. Richard Marino, SRPA, SRA | |
| 1980 | Douglass R. Roesch, SRA | |
| 1979 | Martin W. Meyer, SRA | |
| 1978 | Henry Boeckmann Jr., MAI | |
| 1977 | Alfonso Muscillo, SRA | Deceased |
| 1976 | John MacCrate, Jr., MAI, SRA | Deceased |
| 1975 | Curtis H. Hallock, SRA | |
| 1974 | Howard R. Brower, Sr. ,MAI, SRA | |
| 1973 | Henry C. Schreiber, SRA | |
| 1972 | Gerard D. Snover, SRA | |
| 1971 | Robert Snyder, SRA | Deceased |
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