Regional & Local Verification Requirements for Yellow Book, USPAP, State Regulations & Various Clients

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Additional Information

If you are registering after June 1st, email Suzanne Brockway for the Zoom login information, at sbrockway@aiatlanta.org.

SEMINAR DESCRIPTION: 

This seminar will explore the different sources and methods for verifying comparable data. We will review verification as it relates to USPAP, Yellow Book, the SC Real Estate Appraisers Act, the SC Department of Transportation and many other client specific requirements. Many clients have expectations on how market data should be reported and analyzed, and specific requirements for verifications. Understanding the appropriate requirements will affect our scope of work and the confidence that intended users have in our appraisals. All appraisers would agree that accurate data is critical for our success. It is vitally important to our analysis, our value opinions and ultimately our profession. Good data can lead to solid analysis and valuations, but bad data can only lead in one direction. Verifying the data appropriately is key to understanding the transactions and comparing them to our subject properties. The abundance of third party market data has enabled many non-appraisers to wreak havoc on the valuation process. Since the State of Georgia is an open records state, anyone, or anything (software bot), can document sale prices and sale dates. However, understanding transactions requires so much more than these few data points, including many items that could completely negate a transaction from even being comparable. In our current age of big data, the idea of statistically analyzing lots of data, instead of good data, is becoming popular. Less can be more, especially when it comes to the difference between credible and misleading. 

CONTINUING EDUCATION (Virtual Classroom)

The Appraisal Institute, Georgia Real Estate Appraisers Board, and the South Carolina Appraisers Board have approved 4 hours continuing education credit for this virtual classroom offering. 100% attendance is required for credit and will be verified throughout the day.  Note that it is the student's responsibility to verify their state(s)' approval of this live stream virtual method of delivery. 

ATTENDANCE POLICY:

To receive AI and State credit, 100% attendance is required for all Appraisal Institute education programs.

·        attendance will be monitored throughout the day

·        students are required to be visible on the virtual platform during the entirety of the course

·        instructor will direct questions to each student in the morning and afternoon

Important: Please have your photo ID ready at the start of class. To expedite check-in, we will view all attendees’ IDs at the same time and take a screenshot. We recommend covering all information on your ID except your full name and photo.  (Try tape, a sticky note, or your finger to cover.)

COURSE LOCATION:

Virtual Live Stream Interactive Classroom

THIS CLASS WILL BE HELD VIA INTERACTIVE VIRTUAL CLASSROOM TECHNOLOGY. STUDENTS ARE REQUIRED TO HAVE RELIABLE INTERNET, A COMPUTER (OR TABLET), WEB CAMERA, AUDIO, AND MICROPHONE. IT IS THE STUDENT'S RESPONSIBILITY TO HAVE THE REQUIRED EQUIPMENT TO PARTICIPATE AND RECEIVE CREDIT.

Virtual Classroom-Live/Interactive Participation Guidelines: Students must have reliable internet, computer (or tablet), web camera, audio, and microphone capability to participate and receive continuing education credit.  If you have a Lenovo laptop, some participants have noticed that they need to install the Lenovo Vantage App on their computers for the webcam to operate.The platform will be interactive and live. The instructor must be able to see and interact with all students and students must be able see and interact with the instructor. A copy of your driver's license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. Please contact the chapter office if you have any questions regarding the participation guidelines, at sbrockway@aiatlanta.org.

 SCHEDULE: 

JUNE 3, 2020 

7:30 a.m. - 8:00 a.m. - Login & Roll Call

8:00 a.m. - 12:00 p.m. - Presentation

Disclaimer Information

CHAPTER DISCLAIMER

Registration is on a first-come, first-served basis. If the program is filled, e-mail sbrockway@aiatlanta.org to be placed on a waiting list.  The South Carolina Chapter of the Appraisal Institute is not responsible for students' non-refundable airline reservations, lodging, or other expenses incurred by the participant.  If you have a disability and require accommodation, please notify the South Carolina Chapter office at least two weeks in advance.  We will arrange for reasonable accommodation.

 

Enrollment Cancellation Policy:

If a student wishes to cancel enrollment, a cancellation notice must be submitted in writing via email stating the reason for the cancellation and your AI account number to sbrockway@aiatlanta.org.

 

Enrollment Cancellation Fees:

 

Up to 15 days prior to the program start date, $25 cancel fee

3-14 days prior to the program start date, $50 cancel fee

Less than 3 days prior to the program start date, no refund will be provided

National Disclaimer

This Educational Program was developed by an outside party. The Appraisal Institute Chapter made arrangements for the Third-Party to offer the Program with the intent of addressing topic(s) based on a certain chapter or local need for such topic, solely educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program and does not endorse the Program or its content.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The Appraisal Institute does not publish examination review materials. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.