Supporting Adjustments: The Nexus Between the Cost, Sales, and Income Approaches

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Who should enroll

Residential appraisers


 

Description

NEW SEMINAR COMING SOON

As data becomes easier to access, clients are demanding quicker and more detailed answers. Appraisers who can acquire and analyze data efficiently and credibly will be in a better position to maintain and strengthen their practices. This seminar will enhance and increase the quality of your appraisals by reinforcing your skills to credibly support the adjustments you use in your sales comparison approach grids. A comprehensive case study will tie multiple concepts together by exploring the connections between and the fundamental techniques of the three approaches to value. As you work on the case study, you’ll apply adjustments in a sales comparison approach grid that are derived from the market and reflect the actions of typical buyers and sellers in the marketplace.


 

Objectives

·         Identify the proper sequence of adjustments in the sales comparison approach and the typical elements of comparison in the practice of residential appraisal

·         Comprehend the application of qualitative and quantitative adjustments and discern when each applies in the residential appraisal process

·         Understand and apply the accepted methods and techniques to support adjustments that are based on the principles of the sales comparison approach, cost approach, and income approach

·         Strengthen reconciliation skills when various indications for an individual adjustment are available from multiple accepted methods and techniques

·         Refine the methods and techniques for supporting adjustments in today’s new world where clients may have more abundant data and technology provides greater efficiencies

Prerequisites

N/A



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

  • Attended Only:

    35
  • Attended Only:

  • Attended Only:

  • Attend and Pass Exam:

  • Attend and Pass Exam:

  • Pass Exam Only:

  • Pass Exam Only:

7 hours
No
No
N/A
Intermediate
Table of Contents and Overview
Seminar Schedule 

None specified

Online Requirements Synchronous Requirements

None specified

No additional information




Classroom Offerings

No offerings at this time

Synchronous Offerings

No offerings at this time