Atlanta Area Chapter Newsletter

Chapter President's Message

Mike Hunter, MAI

With the 1st Quarter 2024 behind us, I think we can all agree that the winds of uncertainty and change from recent years continue to swirl. In moments of uncertainty, I agree with the great Yogi Berra when he said, “It’s tough to make predications, especially about the future.” However, as appraisers, we are asked to make forecasts or predictions about the future every day. But these forecasts are typically supported by factual evidence and/or a consensus among market participants about the current state of the market. Some of these market participants are visionaries looking for opportunities to overcome the challenges, and some are just followers and wait to see what others are doing. 


As many of you may know, the National Appraisal Institute is going through a major re-structuring under guidance of our new CEO, Cindy Chance. Cindy is a friend of our Atlanta Area Chapter and re-arranged her schedule to participate in a well-attended women’s night out during her last visit. What is encouraging to me is that there appears to be a Chapter-centric vision going forward unlike years past. I would encourage all interested to follow our National Appraisal Institute on social media and its new web site to keep current. CEO Chance has been very transparent and current with her updates.


Considering the National AI restructuring and impact on our Chapter, we should all be appreciative of the Atlanta Area Chapter leadership and foresight over the past 2 years that set us up to succeed during these times. It all began with 2022 President Patrick Adamson who insisted on the return to in-person meetings and seminars. In 2023, President Bo Bass fueled the momentum with an increased social and education calendar. As a result of these efforts since 2022, our participation in our social and education opportunities continue to increase.


While the National AI changes are very fluid, you should be encouraged that our Atlanta Area Chapter leadership has been monitoring anticipated changes with intentional committee appointments with National relationships to insure input.


Listed below are some highlights from our 1st Quarter Activity:


  • We had a strong 2024 start with 2 locally developed seminars. Sandra Winter presented her new Workforce Housing seminar and Lamar Ellis presented his newest seminar in a series involving Drones and the appraisal industry;
  • New Social Panel, Marc Kilpatrick and John McCullough was formed to be creative and current in offering “come one come all” social events at varying locations. The first event was last week at Fairway Social in Alpharetta with nearly 50 in attendance. There will be one more in the fall. These events are in addition to the annual events like the Braves Game event and others;  
  • Historically, the nominating committee has been charged with nominating at least 10 Alternate Regional Representatives. This has been reduced to 5. Additionally, the Public Relations and Strategic Planning Committees have been sunset as the responsibilities for these committees overlap with several other committees;
  • The Education Committee will continue its efforts to provide increased offerings of Chapter-developed seminars as well as National QE and CE courses and seminars throughout 2024.
  • The most notable change you will experience in 2024 will be the long overdue new Chapter website. As part of the National AI re-branding they will be providing chapters with website templates that we can use or not. We have received a proposal from our IT consultants to work with the Atlanta Area Chapter to either customize the National template or develop our own, if needed. 


In closing, I need to inform you that our Atlanta Area Chapter Vice President resigned last month for personal reasons. The current term expires at the end of 2024. The Board of Directors asked Bo Bass to serve as our interim Vice President for the remainder of 2024. Bo is not eligible for any Officer positions in 2025. The nominating committee is currently working on the 2025 nominations and will announce the nominations within the next few days.  


It’s been a very busy 1st quarter, but I think our changes and planning will enable the remainder of 2024 be very interactive with a lot of energy. We just need to show up!!


I look forward to seeing each of you at our social events, seminars, or courses soon.



Q2 2024 Atlanta Area Chapter Meeting & Education

IRS Update – Appraisers, Valuations, Litigation, and Current Environment 

Wednesday, May 8, 2024

at Topgolf Atlanta Midtown, 1600 Ellsworth Industrial Blvd, NW, Atlanta, GA, 30318

Get ready for an unforgettable afternoon and evening of networking and 4 hours of AI and GA continuing education. The seminar will be taught by Alexandra (“Alex”) Nicholaides, Strategic Litigation Counsel, Strategic Litigation Division, Office of Chief Counsel IRS, and CD Bradley, Special Trial Attorney, Strategic Litigation Division, IRS Office of Chief Counsel. The presenters will cover the many issues an appraiser needs to know about conducting appraisal work in the federal tax realm. This session will discuss the following: appraisals for tax return purposes including what is required by law for an appraiser to meet the legal requirements of qualified appraisers and qualified appraisals; Highest and Best Use Analysis; the expert vetting and procurement process; the role of experts in Tax Court; recent valuations opinions; and a demonstration of a direct and cross examination of an expert. The seminar will conclude with a 30-minute update from Scott Murphy, SRA, AI-RRS, Chair of the GA Real Estate Appraisers Board.  Details & Registration Are To Be Announced Soon.

Chapter Education Schedule

IRS Update – Appraisers, Valuations, Litigation and Current Environment (4 hours)

Speakers: Alexandra (“Alex”) Nicholaides, Strategic Litigation Counsel,

IRS Office of Chief Counsel , CD Bradley, Special Trial Attorney, IRS Office of Chief Counsel, and D. Scott Murphy, SRA, AI-RRS, Chair, GA Real Estate Appraisers Board

Location: Topgolf Atlanta Midtown

May 8, 2024

Artificial Intelligence, Blockchain, and the Metaverse: Implications for Valuation (7 hours)

via zoom livestream

Instructor: Doug Potts, MAI, AI-GRS

May 14, 2024 Details and Registration Here

General Appraiser Income Approach, Part 1 (30 hours)

Instructors: Jeff Bowling, MAI, SRA, AI-GRS and Alex Rubin, MAI, AI-GRS

Location: Atlanta REALTORS Center

May 20-23, 2024 Details and Registration Here

2nd Annual State of Georgia (4 hours)

via zoom livestream

Panel of Speakers To Be Announced

June 4, 2024

Workforce Housing: Bridging the Gap in Our Communities (4 hours)

Instructor: Sandra McAlister Winter, MAI, AI-GRS

via zoom livestream

June 25, 2024 About the Seminar and Registration

Case Studies in Appraising Green Residential Buildings (8 hours)

Instructor: AI President, Sandra Adomatis, SRA

Location: Atlanta REALTORS Center

June 27, 2024 Details and Registration Here

Complex Valuation (7 hours)

Instructors: Randall Bell, PhD, MAI and Michael Tachovsky, PhD

Location: Atlanta REALTORS Center

July 18, 2024 (new date)

Fundamentals of Appraising Affordable Housing (7 hours)

via zoom livestream

Instructor: Claire Fueling, MAI

September 19, 2024 Details and Registration Here

More Course & Seminar Offerings To Be Announced

Congratulations Peter Luxemburger, SRA! Peter (right) received the SRA Designation at the January 25, 2024, Chapter Meeting, presented by Chapter President, Mike Hunter, MAI (left).

Congratulations Tim Kim, MAI! Tim (right) received the MAI Designation at the January 25, 2024, Chapter Meeting, presented by Chapter President, Mike Hunter, MAI (left).

Meet Our New AI-GRS Designated Member!

Andy Sheppard, MAI, AI-GRS

Pritchett Ball & Wise, Inc.

Atlanta, GA

Andy Sheppard is the Principal and CFO of Pritchett, Ball & Wise, Inc. in Atlanta. He began working for Pritchett, Ball & Wise, Inc. six months prior to graduating from Georgia State University with a Bachelor’s Degree in Real Estate. He currently has 26 years of experience providing real property valuation and consultation services throughout Georgia, and enjoys inspiring new appraisers to carve their own path in real estate. 

Congratulations New AI-GRS Members!

M. Rebecca Carr, MAI, AI-GRS - Cartersville, GA

Andy Sheppard, MAI, AI-GRS - Atlanta, GA

Welcome New AI Professionals!

Practicing Affiliates

Dennis Nelson, Suwanee, GA

Mark Gordon Robison, Smyrna, GA

Elizabeth Grace Smith, Covington, GA

Joel Weathersbee, Evans, GA

Ronald Witcher, Jr., Dahlonega, GA

Student Affiliates

Emily Dunn, Gainesville, GA

Heath Jay Hembree, Dahlonega, GA

Courtney Jebavy, Cumming, GA

Matthew Ethan Richmond, Sandy Springs, GA

Michael Ignatius Wright, Cumming, GA

Candidate Guidance Committee

Happy "Two" Hour!

Thank you Integra Realty Resources Atlanta, for sponsoring and hosting the Candidate Guidance Committee Happy "Two" Hour on March 21, 2024.

Atlanta Area Chapter AI Spring Social at

Fairway Social Alpharetta Was a Success!

The Atlanta Area Chapter extends their gratitude to all our sponsors for their generous support and funding of the Spring Social at Fairway Social in Alpharetta on March 28, 2024. Your contribution played a pivotal role in making the event a resounding success. The outstanding turnout and the vibrant atmosphere filled with fun and networking are a testament to the positive impact of your sponsorship. Thank you for being an essential part of creating a memorable and enjoyable experience for all attendees.

USPAP 2024

The 1st Update with No End Date

By Jeff Miller, MAI, AI-GRS, USPAP Instructor, March 27, 2024


The new version of USPAP that became effective as of January 1, 2024 does not have an end date. It may last forever…probably not, but my guess is more than two years. USPAP has traditionally been issued every two years and identified by its’ effective years (e.g. USPAP 2016-2017). With the current version, there is not a predetermined end date. I will no longer hear students ask the frequent question in USPAP Update classes of “Why are new versions of USPAP required when so little has changed?”. However, quite a few areas have changed in the current version.


The original USPAP in 1986 was four pages, including a title page with signatures. USPAP is now presented as 2024 USPAP and 2024 Guidance Reference Manual (which includes Advisory Opinions, Frequently Asked Questions, and Reference Index), which can be purchased separately or bundled, in both digital and hard copy versions. In my opinion, everyone should buy the digital. If you want to supplement with the hard copy, I get it, but do not skip on the digital. The digital version provides comprehensive searching abilities, in a matter of seconds. Topics in question can be searched across all the material using “Find”, and it allows you to copy portions of the text when needed. Being able to copy or screenshot portions of the text vs. typing is worth the price alone. Classroom races during in-person USPAP classes show that USPAP thumpers can locate topics just as fast as digital users, but digital wins for the ability to skip to additional references and sharing.


One of the mantras I repeat when I teach is that USPAP is the basic blocking and tackling of appraising. As stated in the Preamble to USPAP, “An appraiser must act competently and in a manner that is independent, impartial, and objective” (PREAMBLE Line 40). (Please note all quotes from USPAP were copied from the digital version). Following USPAP is relatively easy when operating within these expectations. If an appraiser struggles with USPAP requirements, they should consider whether they are correctly presenting themselves to the public as an appraiser. There are other roles appraisers can serve with transparency and proper notice.


About half of the USPAP 2024 Update course is focused on the new Nondiscrimination section that has been added to the ETHICS RULE, and the supporting Advisory Opinions 39 and 40. While it is a new section, the topic is not new and has been addressed in USPAP in several areas in the past, most notably Advisory Opinion 16. With the new changes to USPAP, there is increased awareness and responsibility to avoid discrimination in appraisal development and reporting. There are new words and concepts such as “pretext” and “disparate” that we must familiarize ourselves, and “code words” that must be avoided. Miriam Websters defines pretext as: “a purpose or motive alleged or an appearance assumed in order to cloak the real intention or state of affairs” and disparate as “1.: markedly distinct in quality or character. 2.: containing or made up of fundamentally different and often incongruous elements.” Examples of Code Words include “crime” and “shared values”. As stated in USPAP Advisory Opinion 40, Line 124, “Whether a code word indicates discrimination depends on the context in which it is used.”


The Nondiscrimination section states appraisers “must not violate existing federal, state or local antidiscrimination laws or regulations”, and whether or not antidiscrimination laws or regulation applies, “An appraiser must not develop and/or report an opinion of value that, in whole or in part, is based on the actual or perceived race, ethnicity, color, religion, national origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, familial status, age, receipt of public assistance income, or disability of any person(s)” (USPAP Ethics Rule Line 217).


An appraiser may know they are not discriminating, but the rest of world needs to understand they are not discriminating through the appraiser’s words, descriptions, and actions. Real estate appraisals influence buying, selling, wealth, and loss of wealth (foreclosures). People can become emotionally charged and angry when values are not consistent with their plans. Appraisers need to use language and actions that show they are above reproach. Whether a disappointed intended user pursues litigation may have more to do with perceptions and presentation than correct methodology and values. Appraisers may need to explain adjustments more, or support their decisions with extra data.


So, the standard answer to most USPAP questions will continue…it depends. It depends on context, it depends on intended use, and it depends on scope of work. USPAP updates provide a perfect opportunity to review new information and become more knowledgeable in areas that remain unchanged. Appraisers, reviewers, and intended users with USPAP related questions can email, or text/call at 404.354.2331. I appreciate questions and use them as a guide to emphasize topics when teaching.


General Demonstration Report - Capstone Program 2024

Complete your Demonstration of Knowledge requirement today!

The General Demonstration Report—Capstone Program is an additional option Candidates for Designation may choose to complete their demonstration of knowledge requirement for their MAI designation. Like the traditional demonstration appraisal report option, the same skills and knowledge base are required to produce a complete demonstration appraisal report. However, this program was designed to offer an option that accelerates the completion of the report. Instead of selecting and compiling data on a property, you are provided with a subject property and data to analyze and then write the report in a limited time span of approximately two months. You must attend two webinars. The first webinar is typically scheduled three weeks after the release of materials. There will be a five-and-a-half day on-site session (attendance is optional), where facilitators will be on hand to answer questions and offer guidance. On day seven at noon, the full report must be submitted for grading. No exceptions.


The program is designed to be completed in approximately two months; therefore, you will need to commit a considerable amount of that time on analysis and writing tasks PRIOR to the classroom setting. There is one optional pre-class writing assignment due before the second webinar. It is important to understand you’ll need to spend a minimum of 175 to 250 hours to successfully complete this program. And during the five-and-a-half day on-site session, expect to work on your reports after the 7-hour days spent on-site with the facilitators. Ten to 12 hours a day that week will not be unusual. CLICK HERE for more information.

Member Spotlight

Dori D'Esposito, MAI


Appraisal and Valuation Services Office – East Region, Office of the Secretary – U.S. Department of the Interior.

Duration in the profession

20 years as a commercial fee appraiser and a little more than 2 years as a review appraiser.

Hometown/Currently live

I grew up in Smithtown, NY, and currently live in Marietta, GA.

Family Members

I have two children – Benjamin and Madeline, both studying at UGA.


I spend my free time with family and friends, hiking, and attending music and art shows.

What is your primary line of appraisal work?

Appraisal review. The projects I work on typically include acquisitions, land exchanges, right-of-way permits, and telecom sites.

What are the biggest issues facing the appraisal profession?

Public perception and the challenges of entering the profession.

What do you see as the biggest strengths of the Appraisal Institute?

Body of knowledge, designations, and name recognition.

In Memory

William Bates McMath, Jr., MAI

The family of William Bates McMath, Jr. is saddened to announce his passing on December 9th , 2023, after a long battle with pancreatic cancer. Bill was born on June 12, 1949, in Americus, Georgia, to the late Dr. and Mrs. William Bates McMath, Sr. He grew up in Americus where he became an Eagle Scout and graduated from Americus High School. After attending Georgia Southwestern College for a year, he moved on to Athens and the University of Georgia, where he became an avid Bulldog fan and met Patsy Ann Gunter of Elberton, Georgia. Patsy and Bill married on April 28, 1973, and celebrated their 50th anniversary this past spring. Patsy and Bill were blessed with three daughters, the loves of his life. Bill started his career appraising real estate with Albany First Federal Savings and Loan in 1974. Having earned his MAI designation, Bill became the owner of McMath Valuation Company in Albany, appraising commercial properties, farms and land for various individuals, businesses and banks throughout southwest Georgia. Bill was a member of the Dougherty County Kiwanis Club and a member of Porterfield Methodist Church in Albany. Bill was a devoted husband, father, and friend, well-known for his love of his family, spending time with his grandchildren every chance he had. Memories of Georgia football, the cabin and fishing on Lake Blackshear (the “Rivah”) and the Muckalee Creek, along with visiting Mexico Beach are prevalent with his family and friends alike. Bill was preceded in death by his parents, William Bates McMath, Sr. and Henryetta Glover McMath, as well as his daughter, Karyn McMath Bacon. Bill is survived by his wife, Patsy Gunter McMath, daughters Amy McMath Calley of Atlanta, Georgia, and Ginger McMath Miller (Brian)of Leesburg, Georgia; brother-in-law Tom Gunter (Kathy) of Marietta, Georgia; grandchildren Anna Kate Miller, Carson Miller, Bates Bacon, and Jane Bacon. He is also survived by nieces Wendy Wolfe and Brandin (Jim) Cheeley of Marietta, Georgia, and nephew Thomas Gunter (Kelly) of Marietta, Georgia, as well as numerous great-nieces and great-nephews, cousins, and childhood best friends. In lieu of flowers, memorials may be made in Bill McMath’s name to Porterfield Methodist Church, 2200 Dawson Rd., Albany, GA 31707, or Cancer Ties, Inc., P.O. Box 71812, Albany, GA 31708, as well as Family Placed Obituary Here

Practical Applications of Real Estate Appraisal Mentor Program


Create the future of residential appraising! Become a mentor to participants enrolled in the Appraisal Institute Practical Applications of Real Estate Appraisal (AI PAREA) on a contract basis.


Providing an alternative to the traditional supervisor and trainee model for experience for licensed residential and certified residential appraisers, AI PAREA is an online program covering appraisal theory and methodology in real-world simulations, with mentoring from expert appraisers like you!


Mentors benefit from the AI PAREA program, too. Mentors gain a multitude of personal development benefits including:

  • Advancing the profession and paying it forward through this legacy program.
  • Exposure to new and different perspectives.
  • Leadership skills.
  • Communication and feedback skills.
  • Network growth.
  • Increased self-awareness.

Be a part of this exciting new initiative! Learn More Here

Appraisal Institute Education & Relief Foundation (AIERF) Scholarship Opportunities

AIERF offers numerous scholarships for AI Candidates for Designation as well as undergraduate and graduate students who are pursuing degrees in the real estate field, on a quarterly basis. The next deadline is July 1, 2023. Learn More Here.
Smiling young indian woman holding paper bill letter doing paperwork bill reading good news check post mail sit at home table_ happy lady customer receive bank receipt sheet tax refund notification

Chapter Employment Forum

Visit the Atlanta Area Chapter's website for employment opportunities and data sharing requests.

Job Career Employment Occupation Recruitment Concept

2024 Atlanta Area Chapter Leadership


Mike Hunter, MAI - President

Hugh "Bo" Bass, Jr., MAI - Vice President

Peter Lamas, MAI - Secretary

Talani Casariego, MAI - Treasurer


Hugh "Bo" Bass, Jr., MAI

Immediate Past President (Ex Officio)

Patrick Adamson, MAI, SRA (Ex Officio)

George Petkovich, MAI (Ex Officio)

David Griffin, MAI, SRA, AI-GRS

Robert Mancini, MAI

Marie Ikizler, MAI

Christina Thoreson, MAI, SRA, AI-GRS

Adam Trammell, MAI, AI-GRS

Regional Representatives

Hugh "Bo" Bass, Jr., MAI

Chris Calhoun, MAI

Dori D'Esposito, MAI

Greg Malcolm, MAI

Keith Nelson, MAI

Matthew Smith, MAI

Alternate Regional Representatives

Michael J. Brady, MAI, SRA, AI-GRS

Jarrett Schleyer, MAI

Matthew Rahn, MAI

Bradley Smith, MAI

Carolyn Sawyer, MAI, AI-GRS

Ashley Jernigan, MAI, AI-GRS

James Griffin, MAI, SRA

Andrea Deeds, SRA

Facebook  Instagram  LinkedIn