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28 April 2017

RENEWAL REMINDER

Just a quick reminder to all members that your Insurance Renewal application, Criminal Record Check, Background Declaration form and payment information are due at our office by Monday May 1, 2017, to allow time for processing.  We cannot process anything until we have received all of the forms listed above.  Only 37% have come in so far.  For the Criminal Record Check if you are trying to use the link that was emailed to you, it has expired so please use this link Criminal Background Check 

 

 

 

 

 

 

 

 

20 March 2017

COURSE REGISTRATION FORMS

You are now able to fill out (type) all registration forms online then save and email them to HQ@cnarea.ca  All registrations are now done using the registration forms only.

 

 

 

 

 

 

1 March 2017

ANNUAL ELECTION

This year six (6) positions for Director are open on the Board of Directors with 9 members currently nominated. The election will take place on June 2, 2017, during the Annual General Meeting. The position of President is not being voted on this year, our current President, Jim Carty will be beginning the second year of a two year term.

The President will appoint a Vice President, a Treasurer, and a Secretary from the elected Directors, following the AGM, at the Annual Board of Directors Meeting.

All nominees, together with a brief bio will be posted under Coming Events up to and including May 27, 2017. After that date they will not be included on this page. However, nominations will be accepted up to and including June 2, 2017, during the Annual General Meeting. Nominations can be submitted to the Administration Office using the proper “nomination form”.  Nominations will also be accepted from the floor at the AGM.

 

Douglas Rishor

DAC

Director

Chair

Nominating Committee

 

 

 

NOMINATED FOR DIRECTOR

 

Michel Beaudoin

DAR Certified Appraisal Reviewer, Certified Instructor

Michel has been a member since 2005 and presently operates a large appraisal services company in the Montreal area. He has served as Director since 2012 and is one of the present Vice Presidents of CNAREA. He is also Chair of the Quebec Affairs Ad Hoc Committee and further serves on the Professional Standards Committee. He has been directly involved with the development of the CNAREA contract with the ATEFQ and has been an important part of the acceptance of CNAREA courses with the CEGEP Colleges in Quebec. He was awarded Member of the Year in 2013.

 

 

Brad Cable

DAR Certified Appraisal Reviewer

Brad Cable is a DAR and Certified Appraisal Reviewer.  As a member of CNAREA since 2010, Brad operates Great West Appraisal with appraisers servicing Southern British Columbia and the Rocky Mountains of Alberta.  Brad also owns appRazr, a mobile application that combines order management and site data collection.  Brad has been a CNAREA board member since 2016.

 

 

Johnathan Carty

DAR

Johnathan joined CNAREA in 2011 and is a DAR / Certified Appraisal Reviewer with CNAREA working on his Instructors Certification while serving as National Secretary on your Board of Directors. He is also a Personal Property Appraiser with the Canadian Personal Property Appraiser Group. He has been working with Carty Appraisals based in Winchester Ontario for the past 5 years covering most of Eastern Ontario. He has extensive experience was in the banking world, home renovation industry, sales / international marketing and distribution.

 

 

 

 

Stefan Epstein

DAR Certified Appraisal Reviewer, Certified Instructor

Stefan has been a member of CNAREA since 2007 and currently holds the DAR and Certified Appraisal Reviewer designations. Stefan is a Certified Instructor and has been teaching CNAREA courses for the last 18 months. Stefan is a partner in an appraisal firm servicing the Greater Toronto Area and has been in the appraisal industry for over 13 years specializing in rural, unique, and waterfront properties

 

 

 

Robert MacDonald

DAR Certified Appraisal Reviewer (FOR), Certified Instructor 

Rob Joined CNAREA in 2008. He was elected to the Board of Directors in 2014 and was appointed National Secretary for 2105/2016. He became the Chief Executive Officer of CNAREA in 2107. He also serves on the Membership & Admissions Committee and the Education Committee. He is a Certified Instructor and teaches a variety of CNAREA courses.

 

 

 

Louise McGee

DAR Certified Appraisal Reviewer

Louise owns and operates Palmer Appraisals Ltd., a residential property appraisal company headquartered in Victoria, BC opened by her father more than 25 years ago. Louise bought the family business from him when he retired 15 years ago. With 18 years’ experience, she oversees a contract staff of 5 appraisers covering much of Vancouver Island, focusing on exceptional customer service and quality reporting.

Louise is married with two children and is active in the Victoria business community and in the arts and local sports as a ballet and soccer mom.

 

 

 

Robert Ouimet

DAR Certified Appraisal Reviewer, Certified Instructor

Robert is from Brossard QC.  Having an interest in architecture, construction and market value of buildings inspired Robert to become an appraiser 1979. Today, Robert and is owns and operates an appraisal company that provides services in the Montreal and Quebec City areas. Robert in an active participant in this industry as well, having been a member of CNAREA and multiple associations for many years. He is also dedicated to sharing is knowledge, giving his time to teach and train students wanting to pursue and appraisal career.  He has authored a CNAREA course and has been instrumental in the process of gaining acceptance of CNAREA courses with the CEGEP’s in Quebec. He was also a critically important part of the Association’s contract with the ATEFQ and was awarded Member of the Year in 2013.

 

 

 

 

 

27 February 2017

2017 CNAREA Annual Convention – 25th Anniversary

If you plan on attending the 25th Anniversary Convention, please get your registrations in quickly to reserve your spot.  Registrations are going quickly this year and we are already at 75% permitted capacity.  

 

 

 

 

 

 

 

 

27 January 2017

John H. Rivington

It is with regret that we pass along the news that long-time CNAREA member, Mr. John Rivington passed away on Wednesday January 25th, at the age 77. John became a member in 2009, and was a DAR and Certified Appraisal Reviewer, and operated a large appraisal firm in the Ottawa/Perth/Smiths Falls area.

John was a ‘quality individual’ and will be sadly missed by many association members, who had become good friends with John.

Our condolences go out to his wife, Cindy, children, grandchildren, and great grandchildren.

Colleagues may pay their respects at the Blair & Son Funeral Home, in Perth on Saturday January 28th, with the funeral on Sunday January 29th at 1:00 pm.

 

 

 

 

 

 

 

 

CNAREA 25TH ANNIVERSARY CONVENTION

May 31, 2017 – June 3, 2017

Parksville, BC

Convention Schedule

Convention Registration Form

Nomination Form

Proxy Form

 

 

 

 

 

 

12 December 2016

cnarea-logo-25th

 

CNAREA 25th Anniversary Emblem Design Competition Winner Announced.

CNAREA is pleased to announce that Suresh Sellathurai from Pickering ON., has submitted the winning design for our 25th Anniversary.  As such he has won a framed version of the design, and free 2017 CNAREA Membership ($700 Value).

The winning design will be incorporated into several items used by the Association throughout the upcoming year. 

The Board of Directors want to thank all those who made submissions for the competition, with 22 designs being received in total.

 

 

 

 

 

 

 

 

9 December 2016

In recent months, our members have seen an increase in requests from AMC & Lenders, for Stand-Alone Market Rent Reports.

We have been in conversation with some of our members about the format of these reports, and thanks to Mike Chekaluk (DAR-Certified Appraisal Reviewer), of Cityline Appraisals Inc., we now have templates available for use.  There are both REPORT-PRO and CLICKFORM templates completed and Mike has graciously agreed to allow our members to use the templates he created.  If you have clients that use other formats, you will need to create something for that format. 

We want to remind everyone that a Stand-Alone Market Rent report, is an opinion of value, and therefore is an appraisal.  The report, as well as your research must comply with the USPAP Standards #1 and #2.

If you have any questions, please contact Rob MacDonald at CNAREA.

Clickform Template

Report Pro Template

 

 

 

 

 

 

 

 

31 October 2016

ATTENTION  ALL  MEMBERS

CRIMINAL  BACKGROUND  CHECK

 

As of October 25, 2016,  all applicants for Candidate Member must  include a documented criminal background check with their application.

All existing Candidate Members, and designated members must provide a documented criminal background check by June 1, 2017.

CNAREA has arranged with a provider for all members to obtain a criminal background check for a cost of $30.00 and can be organized by going to the following link:

Criminal Background Check 

 

If you require any further information please contact the Chief Executive Officer by telephone, toll free at 888-399-3366.

 

 

 

 

 

 

 

ATTENTION ALL MEMBERS

RESIDENTIAL ASSIGNMENTS

RESTRICTED APPRAISAL REPORTS

 

If you are completing the following types of valuation assignments please note that we now have new report formats available for each.  You must make your own templates for each of these report formats and the templates must be EXACTLY as indicated.

The new report formats have been added to the course book for course #4.3R and are also available from the National Office.

Contact the CEO for any further Information.

RESTRICTED APPRAISAL REPORT format for:

DRIVE BY appraisal assignments
DESKTOP appraisal assignments
DRIVE BY for foreclosure appraisal assignments

 

 

 

 

 

 

7 June 2016

ATTENTION ALL MEMBERS – LEASED FEE

When completing residential appraisal assignments that include a subject property that is legally leased, in part or in whole.

It is a USPAP requirement that you must include in your report a summary and analysis of the applicable current lease. This summary should include, at a minimum, the lease dates, the rental amount with details of what is included in the rent, and if subleasing is permitted or not.

 

 

 

 

 

 

 

19 September 2015

ATTENTION ALL MEMBERS COMPLETING RESIDENTIAL ASSIGNMENTS

Lenders and AMC’s have recently been requesting a “ Market Rent Estimate” and supplying a very brief form to be completed as part of the assignment.

Please be aware that to provide any estimate of market rental rates would require that you complete an appraisal and subsequent appraisal report.

Refer to the USPAP, page 285, Frequently Asked Question #161 stated in part:

“USPAP defines an appraisal as an opinion of value, and market rent is an expression of value for the right to use a property. Therefore, to comply with the USPAP [in this type of rental rate assignment] an appraiser would have to follow STANDARD 1 to develop the opinion of market rent, and STANDARD 2 to report the assignment results.”

This means that if you include an estimate of market rent in an appraisal assignment covering a specific property, this would be in compliance with the USPAP.

However, if you are requested to estimate the market rent as a stand alone assignment, you cannot comply with such a request without completing an appraisal, as stated in the USPAP. You cannot use just the one page forms now being requested as they are not USPAP compliant.

If you need any clarification on this issue please contact the CEO and the Administration Office.

 

 

 

 

17 March 2015

INDUSTRY ALERT

There is growing evidence of an increasing number of incidences of the sales, or front end, of numerous lenders becoming focused on getting the “right value”, resulting in appraiser influencing accompanied by an escalating number of complaints against appraisers from  AMC’s and various lenders.

While this is by no means a new phenomenon, we are noticing a significant rise in the occurrence of such influencing and complaints, across the country. As experienced from both the appraiser and the AMC, the basis of complaints of this nature, originate from the sales side of the lenders and are more often founded on frustration, on the part of the sales staff, from not receiving the value that they require to make a specific deal work. The resulting complaints are now being framed as undesirable appraiser behaviour with the lender’s client at the time of the property viewing. Some sales representatives have become well versed at disguising a value complaint as an appraiser behaviour issue and then proceed to remove the appraiser from the lenders approved list. They then align themselves with only appraisers who they can manipulate to obtain the values they require to make the loan.

Your Association is taking steps to help you, our members, with this situation of appraiser influence. We have created an appraiser assignment log so you can record all aspects of the appraisal process, including client behaviour, from the exact time the appraisal order was received, through the time the viewing appointment was made, to a record of any actual comments made by either or  both the home owner and the lender’s representative at the time of the property viewing.

We strongly recommend this assignment tracking record to become part of your workfile.

Go to  APPRAISAL DOCUMENTS and look for   assignment tracking record