Business Practices and Ethics

Date: April 24, 2023

Location: Urbandale, IA


Sponsor:
Iowa Chapter
Contact:
Ms. Gehring
Phone:
(515)419-6076
Email:
proappraisalinc@gmail.com
Name:
Fairfield Inn & Suites
Address:
8661 Plum
Urbandale, IA 50322
Phone:
515-278-2500
Instructors:
Kenneth J. Mrozek, Jr., MAI, SRA
Notes:
These are indeed unprecedented times that we are living in. A lot has changed in the last one to two weeks and it will continue to evolve in the coming days and weeks. The Iowa Chapter of the Appraisal Institute will do everything we can to help you get your Continuing Education hours needed for your Appraisal, Real Estate, or Assessor license(s). We will of course continue to monitor the evolving situation and follow the advice of the Governor and our health care professionals surrounding the current situation with this virus. We will also keep you informed on any additional changes or updates that we have.

Continuing Education
Class Time: 6 Hours
Exam Hours: N/A


AI Price: $190.00
Full Price: $0.00
Full Price: $190.00
Register Now     

Notes

Business Practices and Ethics is an important course that provides information about standards and ethics requirements for valuers in general and, more specifically, for valuers who belong to the Appraisal Institute. Through discussion questions and examples, the class compares behavior and actions that illustrate violations of the Code of Professional Ethics, and participants learn how referrals can be made. Participants are also introduced to the Appraisal Institute Guide Notes to the Standards of Professional Practice and use these Guide Notes to resolve everyday appraisal practice problems. At the end of the course, they learn about common errors in appraisal reports and review reports, and they respond to questions about challenges that arise in appraisal practice such as requests for updates and requests to change or add intended users. These are common business practice issues that appraisers encounter in various assignments, including mortgage lending, litigation, and property tax appeal. Other real-life scenarios in the course illustrate less common business practice issues such as an appraiser’s obligation when illegal or criminal behavior is observed.

 


The content emphasizes:

  • Business practices issues, such as how to respond to seemingly unreasonable requests, how to address client pressure, and how to approach a complex assignment
  • Which standards apply to Appraisal Institute Designated Members, Candidates for Designation, Practicing Affiliates, and Affiliates, and when they apply
  • The key principles of the Standards of Valuation Practice
  • How to identify and avoid behavior that violates the Standards of Valuation Practice
  • The correct way to use the Appraisal Institute designations, emblems, and logo
  • Understanding of the Appraisal Institute enforcement process

Who should Enroll

  • Designated members
  • Candidates for Designation
  • Practicing Affiliates and those interested in readmitting to the Appraisal Institute

Objectives

  • Identify the purpose of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute and recognize how those documents apply to Appraisal Institute Affiliates, Practicing Affiliates, Candidates for Designation, and Designated members.
  • Recognize how to apply better appraisal business practices, especially regarding client relationships.
  • Identify the major steps in the enforcement of the Appraisal Institute peer review system.
  • Recognize the guidance offered by the Guide Notes to the Standards of Professional Appraisal Practice of the Appraisal Institute.
  • Identify opportunities for improving professionalism.
  • Recognize common ethical dilemmas and identify strategies for resolving them.


Experiences

Course Materials Include:

  • Course Handbook (237 pp.)
  • AI Professional Practices Booklet Supplement (152 pp.)

Note. The AQB approved this course for 6 hours of CE. Check with your state for approved credit hours.

Cancellation Policy

Cancel Fees
7 - 14 days prior to program start date, $50.00 cancellation fee.
Less than 7 days prior to program start date, forfeit of payment.

The Iowa Chapter of the Appraisal Institute is not responsible for students' non-refundable airline reservations or other travel expenses. The Chapter reserve the right to cancel, limit, or reschedule the course and to change the faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.

Additional Information

Class Materials: Tuition fee includes the pdf downloadable copy of class materials.  Students may purchase a print copy of class materials for an additional fee at time of registration.  

Tips on Downloading the class materials:
- Log in to My Account (https://www.appraisalinstitute.org/)
- Select Education & Events (right sidebar)
- See list of your registered offerings, scroll to class name and select View
You will now see a box that contains downloadable program materials

Continue Education Credit:  Seven (7) hours of continuing education credits have been APPROVED for license and appraisal certification renewal for Iowa  (7) hours of continuing education credits have been APPlIED for Illinois Realtors by the Iowa Real Estate Commission,   (7) hours of continuing education credits have been APPLIED by the Iowa Department of Revenue for assessors. 

Disclaimer Information

Cancellations/Refunds: Requests for cancellations must be received in writing at the Chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.  (Cancellation days are BUSINESS DAYS.)


National Disclaimer

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.