Who Should Enroll
·
Residential and General Real Estate
Appraisers
Seminar
Description
A review appraiser, employed by a state
regulatory agency, commented in a USPAP class that highest and best use is the most
deficient section in many appraisal reports. Whenever a market value opinion is
developed, USPAP S.R. 2-2(a) requires the report to “summarized the support and
rationale” for the highest and best use conclusion. This seminar is intended to enhance USPAP compliance for both residential and commercial appraisers.
Objectives
·
Reviews many basic concepts of H&B use
·
Defines key terms like “support” and “reasonably probable”
·
Clarifies
the four tests of H&B use
·
Identifies
the four components of a proper H&B use conclusion
·
Differentiates
the four tests from the four conclusions
·
Identifies
the five (5) most likely buyer types
·
Explores
and develops supportable conclusions for nine atypical, real-world situations
where H&B use was uncertain
·
Details
practical procedures to help appraisers develop a property H&B use conclusion
for both typical and very atypical appraisal problems.
Virtual
Classroom-Live/Interactive Participation Guidelines:
Students must have computer, webcam & microphone capability to participate
& receive continuing education credit. The platform will be interactive and
live. The instructor must be able to physically see and interact with all
students and students must be able see and interact with the instructor.
A copy of a
photo ID (driver's license; passport; ID with photo & name) must be emailed
to the Chapter office at nancy@execadminpros.com as verification after you have registered for the
offering prior to the offering start date, but no later than lunch the day of
class.
Only those students who provide the photo identification and
“attend” the program in its entirety will receive a certificate of completion.
Attendance will be taken at various times throughout the day.
You will
receive a separate email from the Chapter Office with log-in/access
information. You do not need a paid account from ZOOM to participate. If
you are using your iPad/iPhone/smartphone, please download the ZOOM app prior
to offering.
Please
check your webcam privacy settings on your computer. If you have a Lenovo
laptop, you must have the Lenovo Vantage App installed on your computer for
webcam to work.
Check state
approvals before registering to make
sure the states you are licensed have approved the course/seminar and allow
Virtual education in place of classroom education during the pandemic.
Contact the
chapter with questions regarding participation guidelines: nancy@execadminpros.com
SEMINAR SCHEDULE
Login Access: 6/16/21:
8 a.m. CDT
Welcome, Roll Call & Class: 6/14/21:
8:30 a.m. – 4 p.m. CDT
**Lunch: 30 minutes
CE Credit
Approvals
Appraisal Institute: 35 points
LA Appraiser Board: 7 Hours
AL Appraiser Board: 7 Hours
Pending
CE Credit Approvals
TX Appraiser Board: 7 Hours
Attendance
Policy
The Appraisal Institute, AQB, and LAREAB require full attendance
(100%) at the seminar. If the attendance roster reflects less than 100%,
it could/will show up on the roster submission to the states.
Tuition
Includes
Seminar materials
Instructor
& Developer
John H. Urubek, MAI, AI-GRS of Berwyn, IL