CHICAGO – RealEstateRama – Craig Steinley, MAI, SRA, AI-GRS, AI-RRS, of Rapid City, South Dakota, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest professional association of real estate appraisers with over 16,000 professionals in almost 50 countries. Steinley’s one-year term as president will be followed by one year as immediate past president in 2024. He also will serve as chair of the National Nominating Committee in 2024.
The Appraisal Institute’s other elected officers for 2023 are: President-Elect Sandra K. Adomatis, SRA, of Punta Gorda, Florida; Vice President Paula K. Konikoff, JD, MAI, AI-GRS of Los Angeles; and Immediate Past President Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, of Mt. Pleasant, South Carolina.
In the coming year, the Appraisal Institute’s officers and Board of Directors will focus on continued implementation of the organization’s Strategic Plan, which will address the following Board-approved strategies: modernize AI’s education system delivery and products modernize technology, such as social media and communication methods, and a rollout of the new website; develop a plan to recruit and retain AI professionals; implement tactics from the DE&I action plan and launch the Appraisal Institute’s Practical Applications of Real Estate Appraisal (AI PAREA) program.
“I’m very honored to have the opportunity to lead this organization during such an important time for the valuation profession,” Steinley said. “The future of our profession is bright thanks to the work we’re doing to ensure its advancement. ”
Steinley’s previous national service includes six years on the Appraisal Institute Board of Directors as a representative from Region II, both as its vice chair and chair. He served on the Audit Committee, including as chair and vice chair; on the Strategic Planning Committee; on the Professional Liability Insurance Program Committee; as Region II third director; on the Governance Structure Project Team; and on the Professional Standards and Guidance Committee. He also has served as president of the Wyoming and Western South Dakota Chapter in 2012 and 2013. He participated three years in the Leadership Development and Advisory Council conference and received a 2015 Volunteer of Distinction recognition. Steinley is an education developer and instructor for the Appraisal Institute and is also an AQB-Certified USPAP Instructor. He also serves on AI’s Executive Committee and the policy-setting Board of Directors. Steinley is the principal of Steinley Real Estate Appraisals and Consulting in Rapid City.
Adomatis is an Appraisal Institute instructor, developer of seminars and courses, The Appraisal Journal article author, contributor to textbooks and author of Residential Green Valuation Tools. Adomatis is a member of the Appraisal Institute’s national Government Relations Committee. She previously served on the national Admissions Designation and Qualifications Committee (2013-15); and on the national Education Committee as chair (2012), vice chair (2011-12) and member (2009-12). She also served as president of the West Coast Florida Chapter (2009), and as education liaison for the Appraisal Institute’s Region X (2006-09). Adomatis received the Lifetime Achievement Award and Swango Award (2020); Henry C. Entreken Lifetime Achievement Award (2019); Outstanding Service Award (2016); President’s Award (2013); Dr. William N. Kinnard Junior Award (2012); and Region X Volunteer of Distinction (2010). She is currently a real estate appraiser and consultant of Adomatis Appraisal Service in Punta Gorda.
Konikoff started her career in advertising and quickly moved to law. She joined the corporate department of a large firm in 1978 where her practice focused on corporate governance and mergers and acquisitions. This corporate practice had her review financial statements and appraisals of both businesses and real estate. Konikoff became active in the AIREA (a predecessor organization to the Appraisal Institute) as a member of her chapter’s Admission Committee and as an instructor. She went on to the Appraisal Institute’s Standards Committee and Ethics Committee. She was also on her chapter’s board of directors. When her term on the Appraisal Standards Board ended, she was appointed to AI’s Professional Standards and Guidance Committee (then ASC), and has been a member or, more often, chair, of a national committee since 2010. Most recently, she was instrumental in the creation of the Women’s Initiative Committee and was the first chair of that committee starting in 2019. Konikoff has made presentations to AI chapters, regions and at the annual conference. She is the author of the book, Appraisers in Arbitration, the developer of online seminars, was on the development team for the AI-GRS qualifying education and is a reviewer of textbooks and articles submitted to The Appraisal Journal. She was also a member of the Body of Knowledge Committee. Konikoff has been honored twice with the AI President’s Award and once with the Y.T. and Louise Lee Lum Award. Konikoff will also serve as chair of the Finance Committee in 2023.
Bishop is currently senior managing director of Valbridge Property Advisors in Charleston. He previously was a partner with Atlantic Appraisals, LLC, an associate appraiser with Appraisal Consultants and a senior staff appraiser with the Charleston County Assessor’s Office. He has chaired the General Demonstration of Knowledge Grading Panel and has served on the Admissions and Designations Qualifications Committee. He has served as president of the South Carolina Chapter. He also is an Appraisal Institute associate instructor, has been a seminar and webinar author, and has served as discussion leader at the Appraisal Institute’s annual Leadership Development and Advisory Council conference. He was named the 2018 recipient of the Edward W. Adams, SRA, Outstanding Board Service Award, was presented a 2017 President’s Award and received a 2017 Volunteer of Distinction recognition.
The Appraisal Institute, celebrating its 90th anniversary in 2022, is a global professional association of real estate appraisers, with over 16,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.
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