Evening star., 1934-09-15
HOME APPRAISAL
TO GET SPOTLIGHT
Real Estate Institute in City
September 28 and 29
to Be Major Event.

Real estate appraisal in fields in
engaged, particularly home appraisal,
VIII be the central topic of an i'm
Iortant conference when the Ameri-
can Institute of Real Estate APP
I raisers converge on Washington for
6 two-day meeting September 20 and
~. Preliminary meetings are sched-
lled for the two preceding days.
The meeting, to be held in the
+ aleigh Hotel, is the first major con-
frence Of its kind. Because OF the
+ ct that appraising accurately Amer
ita's homes is probably the biggest
s ngle job Of real estate valuation now
q ling on, fun membership Of the in
81 itute is expected to attend.
A. G. Houghton, prominent insti-
Il te member and president OF the
v ashington Real Estate Board, will
.lcome the convention. Mr.. Hough-
tt will report at Saturdays meeting
OIL the work Of joint committee
which has been studying the question
o. appraisal under the auspices Of the
L lited States Chamber of Commerce.
Dinner Meeting on Friday.
John H. Eahey. chairman of the
F .deral Home Loan Bank Board, is
e. pected to be speaker at dinner
m eeting Friday night, September 28.
R)ger Whiteford, counsel for the
W ashington Real Estate Board, will be
tc astmaster for the occasion.
Baldwin B. Bane of the Federal
s, curities Commission, will discuss at
IL e opening session, September %, the
br DAD and fundamental problem OF
real estate appraisals under the Sc
c, rites act. Mr.. Bane is executive
&C ministrator of the commission.
Fred M. Babcock, recently appointed
ci ief appraiser for the Federal Hous-
Ing Administration, will discuss ap-
p, aising for F. H. A. the present
single real estate appraising problem
OF widest public Importance.
c. w. Hatch, chief review appraiser
fo. the Farm Credit Administration.
VII talk on appraising farms for
F. c. A.
Col. Horatio B. Hackett, head of the
he using division of P. w. A., and
H Tudor Morsell, director of land
ac uuisition for p. w. A, who is, thus,
dc ahng with key problem of direct
&c vernmental participation in housing,
VIII outline problems of valuation en-
&C lrtered in P. w. A. housing work.
Kniskern to Be Chairman.
Philip w. Kniskern, appraisal ad-
vi ;er to H. o. L. c. and president
of the American Institute of Real
e tate Appraisers, will be chairman
of all sessions. He will discuss H. o.
L. C. departmental activities.
Dr.. Ernest NJ Fisher, professor OF
re Il estate of the University of Michi-
ga School of Business Administra-
tit and now research assistant for
F. H. A., will bring out the relation
sh between appraisal work and re-
Sc rch for fundamental real estate
ia It's. Research is contemplated in
TIL, provisions of the national hous-
in act.
Maurice Reidy, M. A. l., Worcester,
M lss., who was the official representa-
tiy 9 Of the American Institute Of Real
e. tate Appraisers at the recent inter-
nj tional conference of valuators held
in London, will report at the morning
81 ssion, September 20, particularly on
T. .glish appraisal methods and on
tt professional societies of England
al d of other nations In the field Of
re Al estate appraisal.
Hold Actual Demonstration.
An actual demonstration of ap-
p, aisal ON Washington building will
bt an Interesting technical feature of
IL Saturday afternoon program.
An Important meeting of the in
st tute's governing council will be held
as part of the conference. The buSi-
N IS session of the full membership |
OF the institute will be held Friday |
al ternocn.
Written examination for applicants |
tc membership in the institute will
bt held September 26 and 81, preced-
ing the conference. The institutes |
A Emissions Committee will meet on
s. ptent'er 81 to review such appli-
ct tions.
A luncheon round table on resi-
d, ntial and business property ap- |
D, aisal will be held Friday noon. To |
g We maximum value to the round
ts ,le, every member has been invited |
Il propose in advance specific prob |
lie ms which he would like to have dis
CT ssed.