Rapid Fire: Featured Discussions

2021 ASFMRA Annual Conference

Appraiser Rapid Fire Case Studies

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A New Standard for Measuring

Tony FedericoPresenter: Anthony N. Federico, RA

In April 2022, Fannie Mae began requiring appraisers to measure single-family houses by adhering to the ANSI Z765-2021 standard of measure. There are differences between the traditional house measuring process and ANSI which are important to understand. This presentation, featuring certified residential appraiser, Anthony N. Federico, will overview which property types are affected; what is GLA versus Finished Square Footage; ceiling height requirements; below grade determinations; and total room counts.

The Importance of Appraisals in Estate Planning

Joel SilvermanPresenter: Joel E. Silverman

In this presentation, Joel will cover the three methods of valuation and their impact on different types of assets and businesses, specifically when it comes to valuations for estate tax purposes. Additionally, he will review the recent caselaw and how the IRS perceives private versus government appraisals.

Business Valuation and Going Concerns

Rob Schlegel, FASA, MCBAPresenter: Rob Schlegel, FASA, MCBA
In "Business Valuation and Going Concerns," Rob Schlegel will go over the types of businesses that ASFMRA members commonly see before identifying the types of real property appraisal assignments that involve business equity valuation. Rob will then define the differences in terminology and approaches between real property appraising and business valuation of equity. He'll also explain what to expect of the ASFMRA's upcoming one-day seminar on business valuation.

Agricultural Economic Outlook

Lisa DesmarisPresenter: Tanner Ehmke

In this session, Tanner will cover the macro-economic outlook regarding inflation, the Federal Reserve, and recession risk before focusing in on the agricultural economic outlook with respect to commodity markets. He will also explore the rising cost of production for farmers and ranchers, and the potential impact on net farm income for 2022 and 2023.

And More!

Additional topics include:
  • Modern Dairy Processing Plants - What Is New and How It Impacts Valuation
  • Appraisals and the Tax Code
  • DEI in Appraisal: A Look at Bias, Diversity, and Coming Changes to the Profession