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Location: Virtual Classroom, MD
- Sponsor:
- Washington DC Metropolitan Area Chapter
- Contact:
- Mr. Houstle
- Phone:
- 301-924-1020
- Email:
- phoustle@marinermanagement.com
- Name:
- Virtual Classroom
- Phone:
- 301-924-1020
- Instructors:
- Craig Steinley, MAI, SRA, AI-GRS, AI-RRS
- Notes:
- Please note that you must have a webcam on your computer to verify attendance.
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Continuing Education
Class Time: 7 hours
Exam Hours: N/A
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How
often have you have heard residential appraisers don’t need the cost
approach to obtain credible assignment results? Participants in the
secondary market often suggest this, and it’s even highlighted in the Fannie Mae Selling Guide
that the cost approach is only required for the valuing manufactured
homes. Unfortunately, not understanding the cost approach limits your
ability to properly support adjustments in the sales comparison
approach, understand trends in market conditions that are often driven
by building costs, and recognize and quantify the forms of depreciation
that can affect residential improvements. By better understanding the 8
important steps in the cost approach, you can rely on its indications
whether you have little data, confusing data, or lots of data.
Presentations and case studies will help you better understand the key
connection between proficiency with the cost approach and your ability
to support your adjustments in the sales comparison approach. This much
needed seminar will show you that the cost approach truly is relevant!
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Seminar Materials Include: - Seminar Handbook (259 pp.)
- Pre-Class Memo (1 p.)
Important! You may want to consider ordering print materials for this seminar, or simply print all materials on your own and bring them to class. Having print copies of the materials will enhance the learning experience for this seminar.
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All cancellations must be submitted in writing and are
subject to the cancellation fee below.
* 7 - 14 days prior to program start date, $25.00 cancellation
fee.
* Less than 7 days prior to program start date, forfeit of
payment
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Zoom - The login
link will be sent the week before the class. As required by the AQB, all
students must have a working camera and microphone so they can be seen and
heard by the instructor for the duration of the class.
CE Approval - The
Maryland, District of Columbia and Virginia appraisal licensing boards have
agreed they will allow the “virtual” exception for approved classroom programs
as recommended by the AQB (see https://appraisalfoundation.sharefile.com/d-s1955fb545bf43ac9). For a full list of state approvals, click here.
Class Time: 9am - 5pm (Login to "sign in" at 8:45am)
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Virtual Education Exception
Please note that not all states have approved Virtual education, therefore, registrants MUST CHECK their individual states for approval BEFORE registering for the Program. Before registering for the Program, registrants understand and agree that continuing education credit for this program MAY NOT be available in their state on the date of the Program. The Appraisal Institute is not responsible if credit is not available for the Program in individual states. Please note: State exceptions for virtual education may expire PRIOR to the offering date.
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.
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