terra firma winter edition 2014

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  • See Inside: Special 70th Anniversary EditionSee Inside: Special 70th Anniversary Edition

    OFFICIAL NEWSLETTER OF THE REALTORS LAND INSTITUTE

    TerraFirmaUnder All Is The Land

    WINTER 2014 Vol. 68 No. 1

    TerraFirma

  • Be therewhere the best in the land business learn, network, and make deals.www.rliland.com

    At the Historic Francis Marion HotelCharleston, South Carolina

    March 12-14, 2014

  • Winter 2014 Edition

    Published by the REALTORS Land Institute430 North Michigan Avenue

    Chicago, Illinois 60611Telephone: 1.800.441.5263

    Fax: 1.312.329.8633E-mail: rli@realtors.org

    Website: www.rliland.com

    Editor/PublisherMichele Cohen, Executive Vice President

    EditorKate E. Noble, Communications and

    Membership Development Specialist

    Copyright 2014. All rights reserved.

    Reproduction in whole or in part without permission is prohibited. Views expressed within the publication are not necessarily endorsed by the REALTORS Land Institute and information should not be construed as recommendations for any course of action regarding fi nancial, legal, or accounting matters.

    TerraFirmaTerraFirmaCONTENTSPresident's Message ............................................................................................................... 4

    News Briefs from National ...................................................................................................... 5

    Member News ...................................................................................................................... 13

    Chapter News ....................................................................................................................... 16

    Newest ALCs ......................................................................................................................... 24

    Education ............................................................................................................................. 34

    FEATURESGovernment A airs Briefi ng ........................................................................... 10Russell W. Riggs, RLI Government Aff airs Liaison, National Association of REALTORS

    Key Ratio Indicator Could Help Navigate Correction in Farmland Values ............. 12Mike Walsten, Editor, LandOwner Newsletter

    Changing Government Policies & Impact to New Solar Project Development ...... 17Jesse Tippett, Senior Project Developer, Borrego Solar SystemsAlbie Fong, Key Account Executive, Talesun SolarUSA William Hugron, ALC, Ashwill Associates

    The Generational Impact: Consumer and Agent ............................................... 19Nancy Gardner, President, nGardner Group

    70th Anniversary .......................................................................................... 28Frederik Heller, Manager, Library & Archives, National Association of REALTORS

    Threads that Create and Bind REALTORS Land Institute ................................... 31Kate E. Noble, Communications and Membership Development Specialist, REALTORS Land Institute

    Wind Farms Harvest More Than Just Energy ..................................................... 38P. Barton DeLacy, MAI, CRE, FRICS, Principal, DeLacy Consulting LLC

    China Investing in American Real Estate .......................................................... 41Mark Dotzour, PHD, Chief Economist and Director of Research, Texas A & M Universitys Real Estate Center

    3 TerraFirma Winter 2014

  • PRESIDENTS MESSAGE

    CELEBRATE THE CULTURE

    I am honored to be the 2014 Institute National President. This year is the 70th Anniversary of the REALTORS Land Instituteknown in 1944 as the Agricultural Instituteand its connection with the National Association of REALTORS. The history of the organization even goes back furtherto 1920 when it was called the Land Men REALTORS Committee. The rich history of this esteemed organization continues; and, each year, richness is added. As we celebrate the culture, we recognize that which has taken place throughout history regarding land, that which is taking place now, and that which will leave its mark in the futureturning into history.

    The organization helped bring me to a level in my career that is beyond a dollar amount. I have built my business by combining the organizations benefi ts with my personal business direction. The knowledge, relationships, friendships, deals made through organization connections, and marketing of the esteemed Accredited Land Consultant designation have all been the pieces brought together to reach desired business goals.

    The Institute is dedicated to staying positioned to provide land professionals with opportunities to gain expertise and knowledge while building relationships and adhering to a strong code of conduct. With land under all, comes a responsibility to provide accurate information and to service clients with the most current information.

    Members drive an organization. We have been fortunate to have and to have had strong stewards whose commitment to the land business brought forth a rich history which we celebrate and upon which we continue to build. New initiatives have been rolled out in 2014 with plans being developed for the direction of 2015 and beyond.

    2014 National Land Conference: If Land Could Talk: The "bar continues to be raised" for this event with world renown presenters on topics of relevancy to the land professional. This has become the dont miss, marquee conference for land people. Knowledge is shared, networking takes place, deals are made, and fun is had.

    LANDU: Seventeen best-in-class courses make up the LANDU curriculum. In 2014, four new courses are being provided: The Auction Tool; Building Business Through Technology; Mineral, Oil, and Property Rights; and Marketing Strategies. Remote and face-to-face course deliveries are available. Three complimentary ALC-to-ALC Teleconferences will take place, and three Hot Topic Web Seminars are scheduled. In addition, LANDU Week will return to Chicago on June 22-30.

    THE LAND CONNECTIONS: Do Business with the Best-in-the BusinessRolled out in January, this is an exclusive members' only listing site that has swiftly gained the attention of clients and land professionals.

    ALC Advanced: The ALC Advanced was introduced last year with 2014 being the fi rst year to be eligible. Congratulations to those who earned this recognition indicating current awareness of land issues and professional development through Institute volunteerism and courses.

    Future Leaders Committee: Added to the bylaws in 2014, this Committee will bring fresh ideas by overseeing current technology and trends for members and the land professional and to suggest programs by anticipating generational needs and directions.

    Communications: Increased exposure of the Institute, the ALC designation, initiatives, and member accomplishments will be spread on key media platforms.

    2014-2017 Institute Strategic Plan: The vision, goals, and action steps have been reviewed and updated.

    2014 Member Directory: In the production stages as an electronic and hard copy tool.

    and more.

    If you have questions or would just like to chat, feel free to contact me. Lets celebrate the culture in person on March 12-14 at the 2014 National Land Conference: If Land Could Talk. We will celebrate the Institutes yesterday, today, and tomorrow while building bonds, adding to knowledge, and making deals!

    Sincerely,

    George R. CliftAccredited Land Consultant2014 Institute National President

    George Clift, ALC2014 RLI NationalPresident

    4 Winter 2014 TerraFirma

  • NEWS BRIEFS from NATIONAL

    George Clift, ALC2014 National PresidentClift Land BrokersAmarillo, TXgeorge@cliftlandbrokers.com

    Terri Jensen, ALCPresident ElectFarmers National CompanyOmaha, NEtjensen@farmersnational.com

    Bob Turner, ALCVice PresidentSouthern PropertiesCordova, TNbturner@southernprop.net

    Charles Chuck Wingert, ALCImmediate Past PresidentWingert Realty & Land ServicesMankato, MNcharles@wingertrealty.com

    Danny Smith, ALCAccredited Land Consultant Designation Committee ChairSmith and Smith RealtyWildwood, FLdannysmith@ccim.net

    Flo Sayre, ALCAccredited Land Consultant Designation Committee Vice ChairFarmers National CompanyPasco, WAfsayre@farmersnational.com

    Renee Harvey, ALCEducation Committee ChairCentury 21 Harvey Properties, Inc.Paris, TXrharvey@c21php.com

    David Hitchcock, ALCEducation Committee Vice ChairCFO Real Estate Services, LLCWinter Haven, FLdavid@cforealestateservices.com

    George HarveyGovernment Affairs Committee ChairThe Harvey TeamTelluride, COgeorge@TheHarveyTeam.net

    Kirk Weih, ALCGovernment Affairs Committee Vice ChairHertz Farm Management, Inc.Mt. Vernon, IA

    Dan Flanagan, ALCFuture Leaders Committee ChairFlanagan Realty, LLCSt. Charles, ILdan@flanaganland.com

    Meet RLIs 2014 National Board of Directors

    2014 Institute Representatives to NAR CommitteesJesse Lane, ALCBusiness Issues Policy Committee

    Brandon Rogillio, ALCDanny Smith, ALCCommercial Committee

    Randy Hertz, ALCCommercial Legislation and Regulatory Advisory Board

    George Clift, ALCW.H. Burruss, ALC Commercial Real Estate Research Advisory Board

    Bob Turner, ALC Executive Committee

    Cathy Cole, ALCFederal Financing & Housing Policy Committee

    George HarveyGlobal Business and Alliances Committee

    George Clift, ALCTerri Jensen, ALCBob Turner, ALCInstitute Advisory Committee

    Paul Bottari, ALCCharles Wingert, ALC Land Use Property Rights and Environment Committee

    Terri Jensen, ALC Professional Standards Committee

    Randy Hertz, ALCPublic

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