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Review Case Studies - Residential
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Review Case Studies—Residential is unlike anything you have experienced in other review courses. In this course, you will apply the review process that you learned in Review Theory—Residential by walking through a case study that focuses on a two-stage review assignment. The course begins with a quick refresher of review concepts. From there, you will work on an assignment that is dropped on your desk, much as it does in real life. Working in groups as well as individually, you’ll identify and analyze the components of the case study review assignment.
For many, this will be the first opportunity to work through all seven steps of the review process and apply them within a simulated, very real-to-life assignment. The process begins with problem identification and scope of work, which quickly lead to the tougher analytical work where you will analyze the subject appraisal report and develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness (including tests of reasonableness).
From there, you will learn to develop opinions about the appropriateness and credibility of the appraiser’s development work as well as opinions on whether the appraiser’s report is appropriate and not misleading—including your reasons for disagreement.
The course continues with development of the reviewer’s own opinion of value in this two-stage review assignment. You will analyze additional field data to facilitate decisions about whether the opinion of value in the subject appraisal report is credible. From the start of the case study, you will take notes to prepare an individual review report that is submitted to the instructor (the review supervisor) before the exam.
If you are an appraiser, reviewer, or other real estate professional who regularly works with reviews, this hands-on, application-based course is for you!
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Check
State Approvals |
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| Appraisal Institute |
October 16-19, 2023 |
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Synchronous |
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Register |
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Program State Approval & Hours
Some AI educational programs may not be approved in every state and every delivery format. To see a list of all state approvals across all formats for this course, please use the link below.
View all approvals for this course
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- Certified residential real property appraisers
- Government agency reviewers
- Users of appraisal services
- Apply the steps of the review process to a two-stage residential appraisal report review assignment.
- Evaluate and analyze key sections of the Uniform Residential Appraisal Report (URAR) through an in-depth case study and real-world review applications.
- Effectively develop and communicate opinions of completeness, accuracy, adequacy, relevance, reasonableness, appropriateness, credibility, and reasons for disagreement.
- Evaluate appraisal errors to distinguish whether they are trivial or material from a review perspective.
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Appraisal Institute CE Points
Attend: 175 AI Points, Attend and Pass Exam: 225 AI Points, Pass Only: 100 AI Points
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Yes. After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins. To access your Education and Events page, log on to the Appraisal Institute website at https://ai.appraisalinstitute.org/eweb (click on the three horizontal lines to the left of the AI logo and select “My AI Account” from the drop-down menu).
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Required and/or Recommended Equipment
- A laptop or tablet computer with keyboard is highly recommended.
- A basic-function calculator is required. You may use a financial calculator if you wish.
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Classroom & Synchronous Course Materials Include:
- Course Handbook (245 pp.)
- Pre-Class Download (10 pp.)
- Pre-Class Memo (1 p.)
- Participant Note (1 p.)
- Review Assignment Handout (23 pp.)
Designated members, Candidates for Designation, and Practicing Affiliates will receive the discounted AI Price for
review designation education courses: Review Theory—Residential and Review Case Studies—Residential. All others will pay full price.
Review Theory—Residential is required for individuals pursuing
the Appraisal Institute Residential Review Designation (AI-RRS – Appraisal
Institute Residential Review Specialist). See more information regarding the requirements for the review designation.
If you are currently
designated, view more information on the alternative path.
If you are currently a Candidate
for Designation, or wish to become a Candidate, view here for the specific designation requirements.
You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam. Synchronous Course Materials Include: - Course Handbook (245 pp.)
- Pre-Class Download (10 pp.)
- Pre-Class Memo (1 p.)
- Participant Note (1 p.)
- Review Assignment Handout (23 pp.)
Designated members, Candidates for Designation, and Practicing Affiliates will receive the discounted AI Price for review designation education courses: Review Theory—Residential and Review Case Studies—Residential. All others will pay full price. Review Theory—Residential is required for individuals pursuing the Appraisal Institute Residential Review Designation (AI-RRS – Appraisal Institute Residential Review Specialist). See more information regarding the requirements for the review designation. If you are currently a Candidate for Designation, or wish to become a Candidate, view here for the specific designation requirements.
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