In this episode of Face Value, hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, explore the unique challenges of valuing off-grid and rural properties with guest Bo Fox, SRA, an experienced appraiser from Warren, Pennsylvania.

From Amish-built homes completed in just two weeks to properties powered solely by solar panels and wood stoves, the conversation delves into markets where traditional valuation methods don’t always fit. The trio discusses how appraisers can navigate limited comparables, functional utility questions, and market competency when standard approaches fall short.

Fox shares real-world insights into unconventional housing markets — where unfinished interiors may be the norm and private, community-based financing replaces conventional loans. The episode unpacks how appraisers can think beyond the textbook, adapt their methods, and accurately assess properties that operate entirely outside the grid.

Whether you’re an appraiser tackling your first off-grid assignment or a seasoned professional curious about niche markets, this episode offers practical takeaways and thought-provoking perspectives on what it really means to define “value” in unconventional real estate.

The latest episode of Face Value, hosted by Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, dives into the fast-evolving world of artificial intelligence and what it means for appraisers.

Joined by AI experts Mark Linne, MAI, SRA, and Maureen Mahoney, the Appraisal Institute’s Director of Education, the hosts explore how AI is transforming appraisal practice — from acting as a tireless research assistant to reshaping data analysis and decision-making.

But it’s not all smooth terrain. As Mahoney puts it, “We’re in the wild west of artificial intelligence.” The episode tackles the biggest questions appraisers are asking:

• Is AI a threat or an opportunity?

• How can appraisers use it safely and ethically?

• What does the future look like for the profession?

The episode also introduces “AI on AI”, a six-month interactive learning program launching October 21. This first-of-its-kind initiative provides a safe, hands-on environment for appraisers to explore, test, and integrate AI tools — while staying grounded in ethics and professionalism.

Listen now to learn how you can embrace innovation without losing what makes the appraisal profession uniquely human.

💡 Have thoughts or topic ideas? Email the hosts at [email protected]

🌟 New Season, New Adventures!
The Appraisal Institute’s Face Value podcast kicks off Season 4 with a fascinating look into the booming glamping industry—where luxury meets the great outdoors.

Hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, are joined by special guest Shari Heilala, MAI, an appraiser with deep expertise in campgrounds, RV parks, and glamping facilities. Together, they explore:

• 🏕️ What makes glamping properties so unique—and so challenging—to value

• 💰 Why traditional comps often fall short, and how the income approach plays a critical role

• 📊 Creative strategies for finding reliable data in a market without standardized reporting

• ✨ The extraordinary amenities drawing travelers, from safari tents with heated floors to converted railroad cars

• 🔮 Where the industry is headed, including consolidation, hotel-brand interest, and increasing standardization

• ⚠️ Key risks appraisers must consider, from zoning hurdles to natural disasters

Whether you’re an appraiser, investor, or simply curious about one of hospitality’s fastest-growing niches, this episode delivers valuable insights into the evolving world of glamorous camping.

Hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, look back at the most memorable moments from Season 3 of Face Value.

From appraising vineyards and wineries (yes, wine-tasting was part of the job) to exploring the challenges of stigmatized properties like the Chris Watts house, this episode highlights the insights, stories, and laughter that made the season unforgettable.

You’ll also revisit conversations on the NAR settlement’s impact, the value of landscaping, and the profession’s human side—from coast-to-coast networking to family appraisal legacies.

Catch the highlights, hear the hosts’ favorites, and discover your own standout moments from an incredible season.

💡 Have an idea for Season 4? Email us at [email protected].

Hosts, Tonia and Warren, sit down with Appraisal Institute President-Elect Mike Mignogna, MAI, SRA to break down the inner workings of the Appraisal Institute.

Whether you’re a longtime member or just curious about the organization, this “Appraisal Institute 101” dives into:

• How the Institute’s structure flows from chapters to regions to the national level

• The role of members in shaping policies and decisions

• Simple ways to get involved through volunteering and chapter activities

• The networking and professional benefits of active participation

• How the 45-day notice period ensures members have a real voice in policy changes

As Mignogna explains, the Institute is truly member-driven, and getting involved may be easier than you think.

👉 Got ideas for future topics or feedback on this episode? Email [email protected].

Stay connected with the appraisal profession—subscribe to Face Value and never miss an episode!

In this episode of Face Value, Tonia and Warren revisit their RevCo panel discussion with three government affairs experts to reveal the inner workings of legislative advocacy in the appraisal profession.

Guests Scott DiBiasio, AI’s Director of Government Affairs; Randy Button, MAI, SRA, AI-GRS, former lobbyist and National Government Relations Committee member; and Mike Twitty, MAI, SRA, AI-GRS, Pinellas County Property Appraiser, share real-world examples of advocacy at the state and federal levels.

From making “bad bills better” to fighting for property tax transparency, the conversation highlights why appraiser engagement in the political process is vital — and what’s at stake if the profession stays silent. Along the way, you’ll hear stories of legislative wins, defensive battles, and the personal impact of policy changes. Whether you’re an experienced advocate or new to the political side of real estate appraisal, this episode will inspire you to get involved and protect the future of the profession.

Aligned with the Appraisal Institute’s commitment to appraiser-focused content, Face Value continues to engage audiences across the broader real estate industry. Members are encouraged to listen to the new episode and share feedback or suggest future podcast topics by emailing [email protected].

In this episode of Face Value, hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, sit down with Vanessa Hall, MAI, AI-GRS, and Emily Braman, MAI, SRA, AI-GRS, to discuss the challenges and opportunities for women in the appraisal profession.

From mentorship gaps to leadership barriers, they explore how women are building community and equity in a historically male-dominated field. Learn about the work behind Ascend Appraisers, the Women’s Initiative Committee, and why creating connection is key to advancing the profession.

Aligned with the Appraisal Institute’s commitment to appraiser-focused content, Face Value continues to engage audiences across the broader real estate industry. Members are encouraged to share feedback and suggest podcast topics by emailing [email protected].

In this episode of Face Value, hosts Tonia and Warren sit down with leading bank review appraisers Elaine Liz Plowman, MAI, AI-GRS, CCIM (Hancock and Whitney Bank), Justin Slack, MAI, SRA (WaFd Bank), and Mike Seney, MAI, AI-GRS (South State Bank).

The conversation explores what appraisers need to know when working with financial institutions—from internal rating systems and quality standards to responsiveness, communication, and the importance of credibility.

Building on their panel at REVCO, the guests share real-world insight into how banks select appraisers, common pitfalls to avoid, and how to build lasting, productive relationships with reviewers. Whether you're new to bank work or looking to refine your approach, this episode offers expert guidance for appraisers navigating today’s evolving financial landscape.

Aligned with the Appraisal Institute’s commitment to appraiser-focused content, Face Valuecontinues to engage audiences across the broader real estate industry. Members are encouraged toshare feedback and suggest podcast topics by emailing [email protected].

Spotify Podcast Description:
In Episode 17 of Face Value, hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, sit down with Woody Fincham, SRA, AI-RRS, ASA, RAA, RAC, to explore the world of specialty valuations. With over 25 years of experience, Fincham discusses his shift from traditional appraisal work to complex assignments in litigation, conservation easements, and high-performance homes.

He shares how writing and communication are critical skills in litigation appraisal—“appraisers are technical writers first and foremost”—and why professional designations matter more than ever in court. Whether you're a seasoned appraiser or considering a new path, this episode offers real insights into building a specialized valuation practice.

Have a topic idea? Email us at [email protected].

🎙️ Live from Chicago! The Appraisal Institute’s Face Value podcast breaks new ground with its first-ever in-person recording, captured at AI Headquarters during Board Meetings. Hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS (joining remotely from Denver), welcome special guests Carrie Vann, AI’s Membership Director, and Eric Goodman, Librarian of the Lum Library.

In this milestone episode, Carrie Vann shares exciting updates on AI’s newly streamlined membership structure, highlighting how recent changes promote inclusivity and reflect the Institute’s evolving strategic vision. She dives into what it means for all participants—designated, associate, and affiliate—to now be recognized simply as “members.”

Eric Goodman offers a fascinating look into the Lum Library, a resource with over 90 years of appraisal knowledge. He walks listeners through its online search capabilities and encourages members to reach out for personalized research support.

📩 Have thoughts or topic suggestions? Drop the team a line at [email protected].
🎧 Tune in and stay connected with the future of the appraisal profession.