The Appraisal Institute, the leading association of real estate appraisers, releases episode four in season three of its popular “Face Value” podcast, hosted by Tonia Vailas, MAI, AI-GRS and Warren Boizot, SRA, AI-RRS.

The episode focuses on International Appraisals featuring guest Cesar Cantu Martinez, appraiser and international director of the Board of Directors at the Appraisal Institute. Cantu Martinez discussed some of the differences between appraising in the US and Mexico, including the creation of his own database of comps and the use of listings as comps. Martinez talked about the challenges facing the appraisal industry in Mexico, including low pay for appraisals of lower-priced residential and rural properties. He discussed some broad changes to the real estate market in Mexico, including the effects of foreign investment, inflation and changing generational lifestyles that have affected the valuation of ranches. Cantu Martinez called for the translation of AI educational materials into Spanish and other languages to make those materials more accessible to international appraisers and improve the industry both inside and outside the US.

Appraiser-centric -- in line with all the Appraisal Institute’s communications -- the new Face Value podcast is targeting audiences across the wider real estate industry. Member input and podcast ideas are welcome and encouraged, please send them to [email protected].