Review Case Studies - Residential

Some AI educational programs may not be approved in every state.

Students should check state approvals prior to registering for any Appraisal Institute program.

To register for this program, go to the bottom of the page.



Who should enroll
  • Certified residential real property appraisers
  • Government agency reviewers
  • Users of appraisal services
Description 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!
Objectives
  • 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.


Refer to this page for details of state approval hours for this course.

  • Attended Only:

    175
  • Attended Only:

    175
  • Attended Only:

    175
  • Attend and Pass Exam:

    225
  • Attend and Pass Exam:

    225
  • Attend and Pass Exam:

    225
  • Pass Exam Only:

    100
  • Pass Exam Only:

    100
  • Pass Exam Only:

    100
14 hours
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).
Yes
1
Advanced
  • 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.
N/A
  • 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.
Classroom Requirements Online Requirements

Live Online FAQ

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.
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.
 
Each live online synchronous session runs for 3.5 hours each day with at least 2 breaks during that time. The course runs for 4 half-days.

Connection Information


Several minutes after you register, you will receive second e-mail which includes instructions in how to connect to the synchronous sessions. If you did not
receive the connection information, please check your junk, spam, or quarantine folder.

Connection e-mail reminders are sent 1 week, 1 day, and 1 hour prior to synchronous session start time.

For questions, please e-mail webinars@appraisalinstitute.org or call (312) 335-4473.

Disclaimer
I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a Designated member, Candidate for Designation, Practicing Affiliate, or Affiliate of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Code of Professional Ethics and Standards of Professional Practice of the Appraisal Institute, and such peer review proceeding may result in termination of my Appraisal Institute membership, candidacy, and/or affiliation.


This course allows the option to test out of the course. Click to Challenge examination.


NOTE: States DO NOT  provide credit for challenge examinations.

Classroom Offerings

No offerings at this time

Synchronous Offerings

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