Rapid Fire: Featured Discussions

The Appraiser Rapid Fire Case Studies are sponsored by:

7:45 AM – 3:00 PM on Wednesday, November 20
Can't attend in-person? No worries, a livestream option will be available!
Click here to view the full agenda.

Jim Amorin, MAI, SRA, AI-GRS, CDEI, CAE, ASA 

In this presentation, Jim will explore artificial intelligence with a specific focus on generative AI tools. He will begin with a brief introduction to the topic, setting the stage for a deeper examination of various types of generative AI tools. This will include an analysis of their functionalities, applications, and technology that powers them. The discussion will then shift to the art of crafting effective prompts to harness these tools efficiently. He will then transition into real-world applications through case studies, demonstrating how generative AI can ethically and effectively be used by real estate appraisers. The session will conclude with a Q&A segment, allowing for interactive discussion and clarification on the concepts covered.

Wayne Stoffel – Managing Member, Agribusiness Consulting Group, LLC

Attendees will gain an understanding of various types of Chattel and Approaches to determine their value. This session will cover how to identify factors affecting the realizable value of accounts receivable, valuation considerations and factors affecting the value of inventory, and the Value of other types of chattel such as brokerage accounts, contracts, parts and supplies and packaging. 

Mark Lewis, ARA, RPRA – Principal, Lewis & Seely Associates, Inc.

This session will provide a look into the background of the development of he PAREA program from the perspective of the former Chair of the AQB. The session will also discuss the current status of the PAREA program and potential future for the appraisal profession. 

Tim Luke, CAI, BAS, MPPA, ISA-AM–  Executive Vice President, Hindman Appraisals

From dusty attics to overflowing storage units, our lives are filled with tangible possessions, each holding memories, value, and potential pitfalls. This talk will delve into cautionary tales from personal property, exploring common missteps and offering insights to navigate this often-complex landscape. 

Tim will share stories of sentimental treasures mistaken for trash, heirlooms thought to be "priceless", which, in reality, are mass-produced replicas, and collections gathering dust in legal limbo. These cautionary tales will equip you with knowledge and best practices for appraising, organizing, and handling tangible belongings. 

Tanner Ehmke – Lead Economist, Grains and Oilseeds at CoBank

In this session, Tanner will cover the macro economy, including GDP, unemployment, inflation, interest rates, and geopolitical and political issues that affect the economy. The commodity section of the outlook will cover agricultural commodities, including grains and oilseeds, livestock, and dairy, and the price outlook for each commodity. The agricultural economic section of the outlook will cover net farm income, farm expenses, farm financials, and the outlook for land values. 

To view the full agenda, click here. If you are unable to make it to Kansas City for this year's event, the Appraiser Rapid Fire Case Studies will also be available soon in a livestream format.