Rapid Response: Market Analysis in Volatile Markets

Description

NEW SEMINAR!
 
COVID-19 has had significant impacts on the economy. Businesses have either cut back or temporarily closed, employees have been laid off, businesses are filing for bankruptcy, employees are working remotely, commercial activities, real estate and other non-residential activities are making plans for a recession. While
the housing market is still strong, that could change overnight. The market is too dynamic now to rely on monthly, quarterly, or annual sales reports to support opinions on market health. This seminar will show you how to locate contemporary data for your clients and will show you how to rapidly and accurately read and report on market changes.
Sponsor Date Location Delivery Format Check
State Approvals
 
Appraisal Institute On Demand Online  Check Register
Metro New Jersey Chapter November 17, 2022 Synchronous  Check Register

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

Who should Enroll

Residential appraisers

Objectives

  • Discover why market value appraisals should include a market analysis.
  • Learn how to quickly extract, compile, analyze, and present data so that the intended user can understand it.
  • Learn how to be consistent with all parts of the report.
  • Recognize the terms appraisers commonly use in market analysis reports.
  • Understand why market in the term “market value” is required.
  • Recognize the concepts that will help differentiate between a neighborhood and a market.
  • Identify the pros and cons of various tools used by residential appraisers for market analysis.
  • Become familiar with statistical tools to support your opinion of market supply and demand as well as highest and best use.
  • Become familiar with local, statewide, regional, and national databases that will help you analyze supply and demand.

Prerequisites

None

Exam

No Exam

Level

Intermediate

Appraisal Institute CE Points

Attend: 35 AI Points

Class Time

7 hours

Assignments

No.

Program Overview


Required and/or Recommended Equipment

Classroom & Synchronous
Optional: laptops or iPad that can access local MLS system.

Online
None specified

System Requirements

Classroom & Synchronous
None specified

Online

Additional Information

Classroom & Synchronous
Seminar Materials Include:
  • Seminar Handbook (191 pp.)

Online
Please see Online Education Frequently Asked Questions for more information on how online education works, how to login, refund and cancellation policies, and more.

Book Recommendations

None specified