colorado chapter appraisal news - Colorado Appraisal Institute

2002 OFFICERS AND DIRECTORSColorado Chapter of the Appraisal InstitutePRESIDENT:John A. Schwartz, MAIAurora . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.671.7511VICE PRESIDENT:Dennis L. Roelker, SRALittleton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.779.5314SECRETARY/TREASURER:John (Jack) W. Nisley, MAIGrand Junction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 970.242.8076DIRECTORS:Matthew E. George, SRALittleton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.721.7007David M. Kilty, SRADenver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.757.0980Harold S. McCloud, MAIAurora . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 720.747.4710James R. Meurer, MAI, SRAGolden . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.278.3066Bret R. Poole, MAIDenver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.297.0400Richard G. Stahl, MAI, SRALittleton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.730.8118Karen L. Tool, SRAFt. Collins . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 970.223.8227Christopher S. Weaver, MAIMonument . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 719.481.3669Martin W. Ward, MAI, SRABoulder. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.443.9600PAST PRESIDENT:Rebecca A. Hawkins, SRALittleton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303.995.5164Page 2ADVERTISING POLICY1. Advertisements must be camera-ready.2. Advertisements must represent closely-related businesses orservices to the real estate appraisal field.3. All advertisements submitted for publication are subject to theEditor and Publisher’s approval.4. Appeals for rejections will be submitted to the Board ofDirectors and their decisions are final.5. Fees are as follows:Non-Member MemberFull Page 7" x 10" $165 $175Half Page 7" x 5" or3 3 ⁄4" x 10" $ 90 $100Quarter Page 3 1 ⁄2" x 4 1 ⁄2" $ 50 $ 601/8 Page (Bus. Card size)3 1 ⁄2" x 2" $ 30 $ 40Colorado Chapter does not endorse any product or service advertisedin this newsletter.Send camera-ready copy and check to:Appraisal Institute,1540 S. Holly, #5,Denver, CO 80222If you have questions, please call 303.691.0487Outside Denver metro area 1.800.571.0086www.colo-ai.orgACADEMICSCHOLARSHIPAWARDEDby James E. Meurer, MAI, SRA andBrooke B. Leer, MAIThe Colorado Chapter of the AppraisalInstitute and the University of Denver’sBurns School of Real Estate andConstruction Management are pleased toannounce the award of an academicscholarship to Ms. Joycelyn GardnerRodda.Ms. Rodda is a graduate student in the Burn’sExecutive Master’s Program and is maintaining a 4.0grade point average. She is currently employed byMercy Housing, Inc. as an Associate Director ofHousing Resources. Her primary responsibilities withMercy include development tasks associated with thenew construction and/or rehabilitation of housingunits for low-income residents. In addition to hercareer and graduate work, she has completed fivecourses through the Appraisal Institute.As many chapter members may recall, the fundingfor this scholarship has been provided by contributionsresulting from the Colorado Chapter and BurnsSchool educational partnership that was formed overtwo years ago.Please join the board of directors and the scholarshipcommittee in congratulating Ms. Rodda in heroutstanding efforts and accomplishments.COLORADO CHAPTER’S2002 REGION II REPRESENTATIVESREGION II CHAIRThomas J. Power, MAI, SRAONE-YEAR TERMJohn (Jack) W. Nisley, MAI – Grand JunctionBonnie D. Roerig, MAI – DenverJohn A. Schwartz, MAI – AuroraTWO-YEAR TERMSue Anne Foster, MAI, SRA – GreeleyTerry K. Hartlieb, SRA – Fort CollinsClaudia D. Klein, SRA – Colorado SpringsRichard G. Stahl, MAI, SRA – DenverALTERNATESMichael J. Keefe, SRA – Greeley

PRESIDENT’S CORNERby John A. Schwartz, MAIGOOD NEWS - BAD NEWSYou see a headline like this and you immediately begin towonder what’s wrong. Well, let’s get the bad news out inthe open first. The Executive Committee e-mailed thechapter presidents a summary of the motions made at themeeting held on February 22–24, 2002. To my disappointment,Seattle was selected as the location for the2004 national meetings by the Meeting RestructureProject Team. The good news is subtle, but there is some. Aftera phone conversation with John Ross, Executive VicePresident, I was assured that Colorado will be consideredfor a summer national meeting location. When? Nobodyknows, probably when a hotel facility with a suitable numberof meeting rooms has been built in DowntownDenver. Obviously, there are other issues that are runningin the background, but there isn’t enough space to provideyou with the details. I do, however, want to thank theChapter National Meeting Committee for their hardwork in putting together a presentation for National toeven consider Denver as a National meeting location.During the November meetings in Chicago, the Boardof Directors, Councils, and other members of thenational leadership team spent a day performing an environmentalscan of the appraisal industry and theAppraisal Institute. The same type of meeting was held atthe Chapter President’s orientation meeting which washeld at the same time. Now this “environmental scanningsession” has come full circle and now the chapters,through their officers and directors, are being asked toconduct a Chapter Environmental Scanning Session. Thetopics covered will be: Reinventing the AppraisalInstitute; Future of the designation; The 2010 appraiser;and Appraisers and the public. They also wanted thechapter to hold planning meetings by the end of April,2002 and hold one of these scanning sessions. Our chaptermeeting schedules don’t coincide with this request.In response to national’s request, the chapter is goingto try something new. After many discussions with membersat meetings, seminars, and funerals, I am asking thechapter to hold two breakfast meetings. All chapter membersare invited and encouraged to attend, especially ourassociates. These informal breakfast meetings are goingto be called Schwartzenegger Ham n’ Egger. The firstbreakfast meeting will be held on May 20, 2002 at theHoliday Inn on South Colorado Boulevard and CherryCreek Drive North at 7:00 am. The chapter will pay partof the breakfast expense and those in attendance will pay$10.00. (See the enclosed flyer for additional information.)Why have a meeting like this? It seems that every meetingor seminar I attend I see someone that I haven’t seen ina long time. Everyone asks, “Why don’t we have more meetings”?Here is your chance. This gives chapter members anopportunity to discuss issues on the table for the RegionalMeeting and how you want the regional representatives tovote on these issues. We also need to know what other membersand prospective members are doing in their everydaypractice. It wouldn’t hurt to familiarize ourselves with newmembers that recently received their designations and welcomethose members that are close to completing designationrequirements. As Chapter President, I am embarrassedto tell you that I don’t know all of our newly designatedmembers and associates. This scanning session/breakfast isintended to help all of us become more familiar with ourmembers and associates. I would rather see your facebehind a cup of coffee talking about current events thantalking about you in a coffin at a funeral.Bad News? The next topic you will not like to hearabout. This is from the Colorado Board of Real EstateAppraisers. “Beginning January 1, 2003, every licenseemust complete a specific Appraiser Qualifications Boardapproved National USPAP Update Course every otheryear. The course will include a written exam, and must betaught by an instructor certified by the AppraiserQualifications Board. This requirement will be phased in,and every licensee will have until December 31, 2005 tocomplete their first National USPAP Update Course.The every other year USPAP update requirement willbe out of sync with the three-year license renewal cycle setin Colorado statute. In some cycles, a licensee will onlyneed to take the update once, while in other cycles it willhave to be completed twice. A further complication arisesin that many appraisers belong to professional appraisalassociations with continuing education and USPAP educationrequirements on yet another schedule.Remember the USPAP Standard 2-2 reporting optionsand how confused we were?Last but not least, the focus of the Chapter’s CharitableCause this year will be the MS Walk. Those of you whoknow me will understand why I am biased toward thiscause. The more important issue is that the Chapter canparticipate in this charitable event at locations all over thestate at several different dates this spring. I ask for yourhelp in collecting pledges, checks or cash donations. Youwould be surprised how many Coloradoans have MS,even a Colorado Supreme Court Judge.Page 3

YOU’VE GOT MAIL!by Andrew KurzonWe all love getting mail. Letters from loved ones, new catalogswith the latest gizmos, and of course those valu-pakcoupon mailers with enough oil change coupons to keepJiffy Lube in business for years to come. But not all mail isgood. Those pesky, ever-rising electric bills, and of course,the ubiquitous AOL disks. Should you actually use thoseAOL disks to take advantage of billions of free hours ofInternet access? Or maybe you are considering the latestoffer for DSL from Qwest? Then again, that offer fromAT&T for their ‘blazingly fast’ cable Internet service lookstempting. You know that getting on the Internet is a necessity,but what is the best route to take? Don’t be intimidated.It is easy to make your decision, you just need to think aboutwhat you want to get out of your Internet access.Before we discuss how to get connected, classify yourselfas a novice user or a power user. A novice user just needsbasic email and will only do light web surfing. You might visita few news sites, or maybe check out some airfares online.Perhaps you’ll even order some books or a birthday gift. Youdon’t see yourself with the time or inclination to use theInternet much beyond some basic tasks. On the other hand,a power user has the time and desire to exploit everythingthe Internet has to offer. You want to download music andvideo clips. You need to do a large amount of research. Yourkids or grandkids might want to play some online videogames. You have little patience for a slow computer.If you’re a novice user, a dial-up connection using yourcomputer’s modem will suffice. Packages range from $9.95per month with a limited number of online hours, to $21.95for an ‘all-you-can-eat’ package with unlimited hours.Usually, you are not bound by a contract, and if you findyourself becoming a power user, you can terminate yourservice with no consequences. Setup is easy and there isalmost no wait time to establish and activate an account withyour service provider. A simple phone call is all it takes. Thedownside is that your speed won’t be fast and you’ll tie upyour phone line while you are connected.If you are a power user, then a dial-up connection is notfor you. You need the speed offered by DSL or cablemodem. These packages are more expensive since theyinvolve additional equipment and setup fees. Let’s look ateach one individually.DSL stands for Digital Subscriber Line (or in some casesit stands for Doesn’t Seem Likely). Don’t let the acronymfrighten you. All DSL does is electronically split your phoneline so both voice and data can be carried on the same linewithout interfering with each other. The benefit to DSL isthat you can talk on the phone and be on the Internet at thesame time. You don’t need an additional phone line, and thespeeds are, on average, about 10 times faster than a dial-upconnection. And best of all, it is always on - you don’t needto dial a phone number to get connected.If you’re thinking about taking the DSL route, take heed.Service is not available in all areas, particularly rural locations.Even in some densely populated areas, you can’t getservice. If you do qualify for DSL service, the lead time forinstall can be anywherefrom 2 weeksto 2 months. It alsolikely that you willhave a one-yearcontract with anearly terminationfee. Whenyour service isfinally turned on, youcan expect to pay afee that starts at $40per month. Oftenthere is an additional$50 setup fee and if you want professional installation,expect to pay another $100, but if you are comfortable readinginstructions and have some patience, skip the professionalinstallation and do it yourself. You’ll learn a little bitabout computer hardware and software configuration, andwhen it is up and running, you’ll have a wonderful sense ofaccomplishment.So what if you can’t get DSL? You could try the cablemodem route. Cable modems really are blazingly fast, oftentimesmuch faster than DSL. But you must have cable televisionservice, and like DSL, you must meet certain technicalqualifications for service. Installation is more complex thanDSL, and it is recommended you have a professional performthe installation. You don’t have much of a choice forservice, either. Currently, your only choice is to use AT&Tbroadband, and the price is about $50 per month, plus setupand installation.So now you have decided how you want to get connected,but you need to figure out who will provide your service. Ifyou’re going to use dial-up, there are countless serviceproviders who can have you up and running in no time.Take a look at http://thelist.internet.com for an easy guideto finding an Internet Service Provider.If you’re going the DSL route, the options are not asabundant. The easiest route is to use the new service offeredby the Qwest/MSN (Microsoft Network) partnership. Youcan find more information about this service athttp://www.qwest.com/residential. If you just can’t standthe thought of using both Qwest and Microsoft in one package,you can select your Internet Service Provider fromhttp://thelist.internet.com, and look for service providersthat offer DSL.Finally, if you want cable modem service, you don’t havemuch choice. AT&T broadband is the only service provideroffering cable Internet service. More information can befound at http://www.attbroadband.com.Your Internet experience will be rewarding if you makethe right choices. Be patient, ask questions, and above alldon’t be intimidated!If you require professional consulting services at a reasonableprice, please contact Andrew Kurzon at High AltitudeComputing, (303) 641-7746 or akurzon@highac.com.Page 5

Photographer: Jim KonzakA SPECIAL DAY FOR…One hundred attendees benefited from a very informative seminar, “Economic Overview and Forecast in Colorado – Residential andCommercial Properties” presented by (l to r) Patty Silverstein, Rick Pederson, Mike Rinner, MAI, and John CovertRebecca A.Hawkins, SRAperformed herlast duty asPresident ofthe Chapter –presentation ofMAI Certificates to:(top to bottom)Jason A. Letman, MAI,Gary D. Tucker, MAI, andDaniel Kinkela, MAIRebecca A. Hawkins, SRApresents a gavel to use at rowdyBoard of Directors meetings toJohn A. Schwartz, MAI,2002 Chapter President.Page 6

COLORADO CHAPTERPhotographer: Jim KonzakOfficers and Directors tookthe oath of office for theyear 2002 - (top, l to r)Past President: Rebecca A.Hawkins, SRA;Directors: David M.Kilty, SRA; Karen L.Tool, SRA; Bret R.Poole, MAI; Martin W.Ward, MAI, SRA; HaroldS. McCloud, MAI;(bottom, l to r) MatthewE. George, SRA; RichardG. Stahl, MAI, SRA;Secretary/Treasurer: John(Jack) W. Nisley, MAI;Vice President: DennisL. Roelker, SRA; andPresident, John A.Schwartz, MAIBonnie D. Roerig, MAI, Master of Ceremonies (l),pauses a moment with Rebecca A.Hawkins, SRA who justreceived the Past President’splaque along with deepgratitude from theChapter for the timeand effort she spentworking for theChapter for thepast year.ThomasA. Motta,MAI, SRA, AppraisalInstitute President (l) who performed the Installation ofOfficers and Directors with Colorado Chapter President,John A. Schwartz, MAI after the ceremony.Bonnie D.Roerig, MAIacknowledgesEarlineBohling,wife of JohnE. Bohling,MAI whorecently passedaway and forwhom the John E.Bohling MemorialDistinguished ServiceAward was named.RichardC. Mosier,MAI presented W.West Foster, MAI with the John E. Bohling MemorialDistinguished Service Award for his service throughoutthe years at the Chapter, Region and National levels ofthe Appraisal Institute.Page 7

We Want You – We Need Youby Rebecca Hawkins, SRAThe Colorado Chapter depends on its members to provideleadership to keep our chapter on the cutting edge of theappraisal profession.We have a reputation for professionalism, dedication, andspeaking our mind (to name just a few).Our distinction within the organization is due, in part, tothose conscientious individuals volunteering their time overthe years.➣➣➣Have you ever been interested in serving the chapter?Directors for the Board serve three-year terms.The Board meets approximately four times peryear.Do you have a desire to attend two regional meetingsper year?Regional Representatives serve for two-year termsand attend meetings twice per year. A portion oftravel expenses is reimbursed for each meeting.The chapter has a short list of alternates to fill inwhen a representative cannot attend.Are you an associate member with the inclination toact as Liaison to the Board?Associate Member Liaisons attend all Boardmeetings, are non-voting with a one-year term.Liaisons attend all Board meetings. These positionsare currently held by Michael J. Kelley,Residential Associate and Larry S. Massey,General Associate.Serving the chapter does not take much time and the benefitsfar outweigh the time required.I am chair of this year’s nominating committee. We havethe responsibility to recognize those individuals willing toserve. Please contact me at rebeccah@bigplanet.com —303.995.5164 or any of the Nominating Committee membersno later than June 1st:David M. Kilty, SRA at dkilty@mho.netThomas J. Power, MAI, SRA at tjpower@worldnet.att.netBonnie D. Roerig, MAI, bonnie@coloradoappraiser.netMark R. Seccome, MAI, SRA atmrseccombe@email.msn.comElection of Officers, Directors, Region II Representativesand Associate Liaisons will be held at the luncheon meetingon August 29th, 2002.We encourage you to step forward and be heard. Remember,this is your chapter!PAID ADVERTISEMENTPLACEO.COMThe Appraiser Rental Information Siteby area, by zip code, number of bedrooms, or pricePreviously Rented or Available to RentLease Information on Both Sites$115 00 PER YEARFor more information, please call 303-695-0434Page 8

Congratulations New MAI’sby Gerald M. Anderson, MAIGARY TUCKER, MAI—Gary is a married man, his wife is a nurse at Swedish, and hehas a 17 year old son who is a senior in high school. Theyenjoy cross country bike-riding and participate in many fundraisers, such as for Children’s Hospital and MS.He works at Colorado Valuation Consultants and specializesin ski area locations, mostly in Summit and EagleCounties, mixed use projects primarily. Gary has been in thereal estate business since he was 18, growing up in a realestate family in Kansas. He decided to specialize in appraisalwork after graduating from Wichita State University andbeginning work for World Savings in Denver.He asked us to recognize the help his wife, Cheryl, andhis son have been to him in succeeding in the designationprocess. They provided many late night snacks and coffee tokeep him energized enough to work on his demo and studyfor the comp after days at the office.JASON LETMAN, MAI—Congratulations, Jason, on your MAI designation. Thebeginning of another dynasty, maybe? His father, Steve, isalso a long-time MAI in the Colorado chapter. Jason workswith him at Consultus Asset Valuation, Inc., which specializesin large industrial property appraisal and tax appealassignments, primarily in the Colorado area.He graduated from CU with a bachelors in economicsand, then, from DU in the real estate masters program.Jason is single and enjoys bike tours, locally and otherareas of the country, as well as being a prolific reader andmovie goer.His advice to associates is to make sure you have a mentor,someone to whom to be accountable, someone to bugyou periodically, at least once a week, someone toonag youto get it done.Jason wants us to thank his friends Dave Daniels, SteveSommers, his dad Steve, and all the professors in the DUreal estate department for their assistance and guidance incompleting the requirements for the designation.STEVE SOMMERS, MAI—Steve has extensive experience in many types of real estaterelated activities. He spent 13 years in the Denver Assessor’soffice, a period during the tough times with FDIC and RTCin the late 80’s and early 90’s, and is now affiliated withConsultus Asset Valuation, Inc. in Denver. He works withJason Letman, MAI, also newly designated, and SteveLetman, MAI. Its nice to see two people in the same officebecoming MAI’s nearly concurrently. His office specializes inlarge, corporate campus type, industrial/office complexes,and also does appraisal and tax consulting work. Steve graduatedfrom CSU with a bachelors degree in psychology.He’s married with two adult daughters and is originallyfrom Grand Junction. He enjoys skiing, golf, tennis and,especially, running with his dogs.He asked to give thanks to Steve and Jason Letman fortheir help. Special appreciation goes posthumously to FloydBlackburn from the Denver Assessor’s office.STEVE KETCHAM, MAI—Steve began his appraisal career with his father-in-law, BradBeeler, MAI, in Boulder in the mid 70’s. He’s married,maybe obviously, to Brad’s daughter and they have fourgrown and nearly grown children. He graduated fromIllinois Wesleyan University with a business administrationBS degree and is originally from Illinois.Steve and I worked together with Brad during about 1974to 1977. Since 1979 he has owned his own appraisal firm inLittleton. His practice covers mostly small commercial, lightindustrialand land development projects.He enjoys golf and has coached kids’ basketball and baseballfor many years.His advice to associate members is to become wellroundedin your education. Include business oriented skillsas well as appraisal skills. The successful operation of a smallappraisal business depends greatly on both. His specialthanks go to Brad Beeler, now retired and living in Boulder.DAN KINKELA, MAI—Mr. Kinkela is employed with Bill James, MAI at James RealEstate Services. Prior employment and experience gatheringwas at the hands of Dan Arizumi, Joe Farber and Mark Dyson.He is originally from Toronto, Ontario and migrated toDenver in 1985, beginning appraisal work in 1990.He is married with no children.Dan expressed his thanks to his wife, Sophie, for herencouragement and support.Colorado Chapter Office is aResource CenterThis article is from the Sept. 2001 newsletter (add the firstbook – Ross)The following reports are available for your use at theChapter office. You are welcome to make copies of anyinformation that you need (FREE) simply by calling303.691.0487 to make an appointment:Ross Research ServicesYear-end 2001 Denver Retail Market ReportYear-end 2001 Denver Office Market ReportYear-end 2001 Denver Industrial Market ReportYear-end 2001 Boulder Market ReportDenver Metro Apartment Vacancy and Rent Survey publishedby the Apartment Association of Metro Denver 1998-2001Dollars and Cents of Shopping Centers published by theUrban Land Institute – 1997 – 2002Experience Exchange Report published by BOMA – 1998 –2001Income/Expense Analysis – Conventional Apartments publishedby IREM – 1997 - 2001Industrial Income and Expense Report published by NAIOP –1999 – 2000Take advantage of this great member benefit! And, ifthere are other resources that you would like to have theChapter consider providing, please call the Chapter office.Page 9

March 5th - Education, Information and DinnerPhotographer: Chris CurrenceLouis J. Garone, SRAtaught “USPAP – 4-HourUpdate” to 54 studentswho even withstood afire alarm scare at thehotel – ya’ shouldabeen there.Matthew E. George, SRA, left, and Peter D. Bowes, MAI, right,updated everyone at dinner concerning the impact that 9/11 has had on thevalue of residential and commercial real estate.Meeting new friends and talking with fellow professionals added an extra benefitto the evening.Chapter President, John A. Schwartz, MAI presentedSteven L. Sommers, MAI with his MAI certificate.Colorado Chapter of the Appraisal InstitutepresentsCourse 500 – Advanced Residential Form & Narrative Report WritingJune 10-15, 2002YOUR CHOICE:[ ] Primary Education [ ] Continuing EducationThis course is excellent training andcan be used as 40 hours of primary/continuing education or 20 hours ofcontinuing education. If you wish toreceive only 20 hours continuing education,you must attend the classroomhours and do the one-two hours ofhomework on Monday, Tuesday andWednesday; however, you do NOT haveto write the second Narrative Report.You can learn a great deal, get continuingeducation and work part of the day!Students are required to have access to acomputer and printer for assigned workoutside the classroom. Only typed or wordprocessed narrative exams will be acceptedfor offerings. URAR software is helpful.The Appraisal Institute does not provideany computer equipment or software.Page 10Course Schedule & Location(Unless otherwise indicated in your confirmation letter)June 10, 2002 7:30 a.m. – 8:00 a.m. —Registration & Course Materials Distribution8:00 a.m. – 9:00 a.m. — Orientation (Attendance is mandatory)9:00 a.m. – 2:30 p.m. —Course Lecture (lunch, Noon – 1:00 p.m. on your own)June 11–14, 2002 8:30 a.m. – 1:00 p.m. —Course Lecture – no luncheon breakJune 15, 2002 12:00 Noon — Report DueFee: Members: $565.00Non-members: $675.00For complete information see the enclosed flyer, and for your convenience, anenrollment form is on the other side of the flyer.No Phone Reservations!!

They Went That-A-WayNAME CHANGEJudith Humphries-Allerheiligen,SRABUSINESS NAME CHANGELynn A. Crist, MAIMile High Realty CapitalPhone: 303.722.4674Fax :303.830.7930ADDRESS CHANGEBruce D. Buchan, MAIIntermountain Consultants, Inc.2942 Evergreen Parkway, Suite300Evergreen, CO 80439No change in Phone or faxKevin A.Chandler, MAIChandler ConsultingP. O. Box 774685Steamboat Springs, CO 80477Phone: 970.879.1405Fax: 970.879.1401E-Mail: chandler@springsips.comJohn R. Hornberger, MAI, SRAThe Hornberger Company, Inc.6165 Lehman Drive, Suite 202Colorado Springs, CO 80918Samuel A. Jones, MAI, SRAS. A. Jones & Associates743 Horizon Ct., Suite 110Grand Junction, CO 81506sajonesassociates@attbi.comAlex K. Kovacs, MAI, SRAKovacs Real Estate ValuationServices1211 South Parker Road, Suite203Denver, CO 80231Phone: 303.695.5400Fax: 303.695.1446H. Charles Kurfehs, III, MAIFirst Commercial Appraisal5757 Central Avenue, Ste. JBoulder, CO 80301Phone: 303.444.3117Fax: 303.499.1424E-Mail: ckurfehs@earthlink.netDebra Mountain, SRA4395 Pierson StreetWheat Ridge, CO 80033Phone: 303.423.8831Fax: 303.422.1642E-Mail:debramountain@yahoo.comFAX NUMBER CHANGEReed L. Slingerland, SRAFax: 970.870.6551PHONE NUMBER CHANGETom W. Webb, SRA719.481.8787Brad A. Weiman, MAI303.300.1200E-MAIL ADDRESS CHANGEJon S. Aasen, MAIjaasen@dycorealestate.comFax: 303.215.9213James R. Biber, MAIBiberco1@aol.comE. Nelson Bowes, MAIjvmenb@msn.comRussell C. Bowie, MAIbowieappraisal@msn.comGuy DiRienzo, MAIGuy_dirienzo@cushwake.comBud J. Fagan, MAIbud_fagan@bankone.comRobert B. Frahme, MAIbfrahme@dycorealestate.comKen E. Garrison, SRAkennygjd@earthlink.netWilliam C. Graff, MAIwmgraff@att.netHope S. Johnson, MAIHopesusanjohnson@msn.comDaniel Kinkela, MAIdankinkela@msn.comJ. Virginia Messick, MAIjvmenb@msn.comJames E. Ricker, MAIcamopj@msn.comRobert L. Ripp, SRAbripp@attbi.comSusan C. Rogers, MAI, SRAgoldenheartinternational@hotmail.comDonald E Shannon, MAI, SRAshannonmai@mcleodusa.netINACTIVE MEMBERSHIPGayle B. BrooksSEMI-RETIREDArthur H. Anderson, SRATRANSFER OUTJohn M. Ugrotzi, Jr.Residential AssociateTRANSFER INMichael K. Haynes, SRAHaynes & Associates LLC1841 Wallenberg DriveFt. Collins, CO 80526Phone: 970.407.8215Fax: 970.407.8215RESIGNEDMargaret L. BallengerLarry L. RoseDiane M. Shannon2nd ANNUAL SUMMER EVENTFREE CONTINUING EDUCATION FOR MEMBERSMark your Calendars!Dates: Friday, September 13 1:00 p.m. – 5:00 p.m. Seminar5:00 p.m. – 6:00 p.m. Cocktail HourSaturday, September 14 8:00 a.m. – Noon SeminarNoon – 2:00 Associates RoundtableSunday, September 15 8:00 a.m. – Noon SeminarLocation: Beaver Run at BreckenridgeContinuing Education: 12 FREE HOURS FOR MEMBERSTopics, speakers, registration information will be coming soon!Page 11

C L A S S I F I E D SAppraiser Position: Denver. Established firm with multiple offices andnational clientele seeks extremely quality-oriented commercial appraiserswith 2+ years experience for a variety of property types. Position requiresstrong analytical/writing and computer skills including proficiency withspreadsheets, Pro-Ject, Argus and WordPerfect 8.0. Benefits include vacation,health insurance, education reimbursement and 401(k). Send resumeto NVC; 950 S. Cherry St., #800; Denver, CO 80246 or fax resume to303.753.9339.Researcher/Appraisal Intern Position: Denver. Established firm with multipleoffices and national clientele seeks extremely quality-oriented collegegrad with interest in the appraisal business. Requires strong analytical/writing skills and proficiency with wordprocessing and spreadsheets.Benefits. No experience necessary. Send resume to NVC; 950 S. Cherry St.,#800; Denver, CO 80246 or fax resume to 303.753.9339.Wanted! Appraisers. Primis is paving the way for experienced appraisersto become part of the industries first full service nationwide appraisalcompany. Our current merger with LandAmerica Financial Group hascreated an exciting opportunity for staff appraisers in all areas ofColorado. Please contact Randy Pierzina at 303.291.4973 or e-mail:rrpierzina@primis.comTyping, transcription, editing, and proofreading services. 13 years experiencetranscribing and producing commercial real estate reports. 100 words/minutetyping, exceptional editing and grammar skills. Latest technology and softwareenabled. Fast, accurate and reliable. Contact Vicky Dietz at 303-651-7990 orvjdietz@earthlink.net for references and more information.Commercial Appraisers Needed – Denver Metro Area. Guaranteed higherincome through the effective use of technology. Work at home or in theoffice. Bonuses paid for bringing your own clients. Every appraiser owes itto themselves to take a look at the proprietary technology we are using tosupport the appraisal process. We believe the appraiser should be focusedon the technical appraisal issues rather than the administrative parts of theprocess. Company benefits include E & O insurance, contributions togroup health insurance premiums, continuing education allowance, productionsupport, and a pleasant group to work with. Please investigate joiningour staff, which is headed by 3 MAIs. Fax inquiries to 303-443-9623.Associate Appraiser or Research Analyst – Well established commercial/investment firm expanding staff for ordinary and unusual assignments.Residential appraisers wishing to move to commercial are welcome. Noexperience necessary but good writing, computer and analytical abilities arecritical. Friendly office environment with benefits. Fax resume in confidenceto 303-388-8756.Real Estate Appraiser, newly licensed, Registered Appraiser is seeking anentry level appraiser position. Some construction experience and lots ofcomputer experience. Fast learner and determined. Please call, Jessica720-434-8967.Experienced Residential Appraiser needed — Established firm seekingquality-minded, self-starting individual. Position entails residential assignmentsas well as assisting MAI in land and subdivision assignments.Minimum 2 years experience and proficiency in form reports andWordPerfect required. Fax resumé to (303) 761-1609.27th Annual Update Symposiumsponsored by University of DenverFranklin L. BurnsSchool of Real Estate and ConstructionManagementThursday, May 2, 2002 • 7:30 a.m. – 1:30 p.m.For more information contact:303.871.2145 or oncarroll@du.eduWord Processor/Administrative Assistant needed — Must be proficient inWordPerfect and quality-oriented. Editing and grammar skills helpful.Compensation is negotiable and based on experience. Health and retirementbenefits available. Fax resumé to (303) 761-1609 or call (303) 761-6103.REAL ESTATE APPRAISER TRAINEE available to work full time. I am alicensed Realtor with background in law, property management, leasingand mortgage. I have a home office, am computer oriented, organized,detailed, a hard worker and a quick study. Please call 720-319-1413. Thankyou for your time!Technical Consultant Wanted: Low tech Appraiser needs technical assistanceimplementing ACI Software, creating/sending PDF files, etc.,$50.00/hour. Part-time appraisal position also possible. Call Ned Tolley at(303) 758-8327.Seeking a Real Estate Appraiser’s Assistant position. I am finishing my realestate appraising education and will be state registered in May. I am anxiousto join your firm and apply my knowledge in real estate. I believe my detailorientation and analytical abilities will enhance my contribution to yourfirm. Call Grace, 303-906-4828.Energetic, enterprising, hardworking Registered Appraiser looking to be atrainee with a quality appraisal firm. Willing to devote the time and effortto become a professional in the field. Please call Dana at 303-929-5915 or e-mail at daveynandan@aol.com.Registered Appraiser looking for an opportunity with a residential appraisalcompany. I am very detail-oriented and work well with minimal supervision.I have many working relationships with Realtors and mortgage brokers. Iam very eager to get started right away. Please contact Matt at 303.726.3220.Appraisal, Apprentice needs help with training. Willing to do your research,comps and anything else that is needed. I have clients to bring into yourbusiness, but only if you can assist with my training. Please contact AliciaOsmera at either (303) 341-4569 or adozzy4421@attbi.com.In ErratumInadvertently F. Duke Prentup, SRA was omitted from theBoulder/Longmont geographic area of the MembershipDirectory. I apologize for any inconvenience that this mayhave caused. Please add:F. Duke Prentup, SRAF. D. Prentup, SRA ..............................Phone: 303.543.89167393 Cortez Lane, Suite 1-B....................Fax: 303.543.8653Boulder, CO 80303...........E-Mail: arrowheadapp@qwest.netCOURSE 310Clifford L. Cryer, MAI, SRA (l) and Kerry M. Jorgensen, MAI (r)instructed C-310, Basic Income Capitalization, which had 28 students.Page 12