Advanced Residential Report Writing/Part 2

Description

This four-day course meets AQB criteria. In Part 2 of a two-course package, you will be provided with the tools to write sections of a narrative report. You will complete eight writing assignments based on sections of a narrative appraisal report for the case study property you analyzed in Part 1. Successful completion of this course should increase your ability to 1) apply a wide range of appraisal procedures to solve complex appraisal problems and 2) use a narrative reporting format with confidence to explain and support your conclusions convincingly. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as an appraisal subject matter elective. Individuals who are seeking the Appraisal Institute SRA designation may take this course and Advanced Residential Applications and Case Studies/Part 1 as an alternative to the Residential Demonstration Report requirement.

PRECLASS VIDEO AND ASSIGNMENT!

To ensure success in this course, it is important that you watch a short preclass video, which details the unique expectations not only for this course/package, but also the preclass assignment as well. What's in the video and why should I watch it?

Important Notes: 

  • If you wish to become a State Certified Residential Appraiser, Advanced Residential Applications and Case Studies/Part 1 is approved by the Appraiser Qualifications Board for 15 content hours in advanced residential applications and case studies. Advanced Residential Report Writing/Part 2 is approved for 30 hours in the appraisal subject matter elective category. Review the courses for which you have received credit to determine whether these courses are necessary for you to meet your education requirements.
The 45-Hour Package is comprised of two courses: 
  • Advanced Residential Applications & Case Studies/Part 1
  • Advanced Residential Report Writing/Part 2
Following are the requirements to use the 45-Hour Package as an alternative to the Residential Demonstration Report: 
  • You must register for a paired package of Part 1 and Part 2.
  • Part 1 and Part 2 of a paired package are generally scheduled 3 – 4 weeks apart.
  • It is not permissible to register or take Part 2 unless it is in the same pairing as Part 1
  • Course materials will be sent to you before class begins and will be accompanied by a memo explaining the preparations that you should make before coming to class. Be sure to register at least 2 weeks before the course starting date so that you can receive your materials in time to complete the required preparations. More details on the pre-class assignment can be found under View Details: Assignment.
  • For this course, case study solutions are not distributed at the end of class.
Sponsor Date Location Delivery Format Check
State Approvals
 
Western Pennsylvania Chapter October 13-17, 2023 Pittsburgh, PA Classroom  Check Register
Appraisal Institute December 11-21, 2023 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

Appraisers seeking residential real property appraiser certification with experience and understanding of the fundamental concepts of appraising

Objectives

  • Recognize communication problems commonly found in appraisal report writing.
  • Write and edit the seven analytical sections included in a valuation assignment that uses all three approaches to value.
  • Write an effective a letter of transmittal.
  • Communicate valuation analysis in a clear, convincing manner that is not misleading to an intended user.
  • Rewrite sentences and paragraphs to communicate your analysis more clearly and concisely.

Prerequisites


Exam

Yes, 2 hours

Level

Advanced

Appraisal Institute CE Points

Attend: 275 AI Points,  Attend and Pass Exam: 375 AI Points,  Pass Only: 0 AI Points

Class Time

28 hours

Assignments

Yes. Please CLICK HERE to download the REQUIRED files BEFORE the course begins for important tips and tools.

Program Overview


Required and/or Recommended Equipment

  • A laptop computer is required with a flash drive and Microsoft Word and Excel OR form software with AI Reports® Form 100, Summary Appraisal Report • Residential, installed OR other word processing/spreadsheet program AND Adobe Acrobat Reader software for converting files to PDFs.
  • A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
  • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
  • Free Review: Using a Financial Calculator: Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises.
  • For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
  • HP-12C calculator User's Manual.


System Requirements

Classroom & Synchronous
None specified

Synchronous

Additional Information

Classroom & Synchronous

Course Materials Include:

  • Course Handbook (274 pp.)
  • Pre-Class Downloads (53 KB)

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 (274 pp.)
  • Pre-Class Downloads (53 KB) 
 Each live online synchronous session runs for 3.5 hours each day with at least 2 breaks during that time. The course runs for 8 half-days.

Connection Information

Several minutes after you register, you will receive a second e-mail that 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.
 
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.

 


 


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