Inconsistency: It's Hiding in Plain Sight in Your Residential Appraisal --- Non-lender examples—Next level analysis

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Continuing Education
Class Time: 7
Exam Hours: N/A

Notes

NEW SEMINAR!

Sometimes inconsistency in data, analysis, and reporting escapes even the most seasoned appraiser. This can have a major impact on the credibility of the value opinion in the appraisal report and on your credibility as an appraiser. This seminar focuses on significant inconsistencies that can affect categories like the definition of market value, market analysis and highest and best use, the three approaches, functional and external obsolescence, and reconciliation. Broad discussions about the entire appraisal process, topics you may not have given much thought about recently, will be lively, intense, and eye-opening. Every residential appraiser will find this seminar beneficial. If you are a residential appraiser who wants to expand your practice to non-lender work or you are already doing non-lender work, this seminar will take your analytical abilities to the next level!

Who should Enroll

• Residential appraisers and reviewers

Objectives

• Recognize inconsistencies with the definition of market value and the need to stay consistent with the type of value opinion developed.
• Understand how market analysis supports the highest and best use decision, which drives the remainder of the appraisal process, and how to stay consistent with the highest and best use.
• Realize the need for consistency within and between the three approaches to value.
• Determine what constitutes functional and external obsolescence and how to maintain consistency with both in all three approaches.
• Complete a thorough, meaningful, and consistent reconciliation.

Experiences

Cancellation Policy

• Up To 14 days prior to program start date, $30.00 cancellation fee.
• 7 - 13 days prior to program start date, $50.00 cancellation fee.
• Less than 7 days prior to program start date, forfeit of payment.

Cancellation Clause
All cancellations must be submitted writing via e-mail at info@ncappraisalinstitute.org. Confirmed participants should not assume that cancellation has been granted until confirmation has been received. No refunds 7 days or less prior to event.

The North Carolina Chapter of the Appraisal Institute (NCAI) is not responsible for students' non-refundable airline reservations or other travel costs.

Additional Information

CLASS START TIME:

• 8:00am ET - Zoom Meeting will open (students may check audio/video connection) 
• 8:30am ET - Class will begin 

CE Credit: NC Appraisal Board Approved for 7 Hours 

*Students seeking CE credit for this course from a state other than North Carolina are responsible for confirming with that state’s licensing board that this course will be accepted. The North Carolina Chapter recommends students check before registering*

PHOTO ID REQUIRED: Students will need to send a photo (ex: driver license photo) to executive.director@ncappraisalinstitute.org after registering. Our instructor will be verifying photo identification of students during roll call at the beginning and throughout the class. This is a requirement, and you will not receive credit if we do not have a photo to verify your identification with.

IMPORTANT: Our instructor must be able to see/hear you and you must be able to see/hear the instructor. Video must remain on throughout the entire class. Zoom Meeting allows student/instructor interaction through video/audio and the chat function. This is a requirement, and you will not receive credit if you do not have video/audio capabilities to see/hear the instructor/allow the instructor to see/hear you.

CLASS MATERIALS: Students are responsible for downloading or obtaining hard copies of the class materials. If downloading, please download before the class. Materials can be found in your Appraisal Institute account.

REQUIRED EQUIPMENT: Internet Access, Computer with Webcam/Camera, Microphone and Speakers. 

ZOOM: This course will be hosted using Zoom, a cloud platform for video, voice, content sharing, and chat runs across mobile devices, desktops, telephones, and room systems. Click here for tutorials about how to join a Zoom meeting and connect your audio and video. Zoom Technical Support can be found here.

National Disclaimer