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Valuation by Comparison: Residential Analysis and Logic
EMAIL
Date:
November 30, 2009
Location:
Warwick, RI
Seminar
Category
Residential [Res]
Level
Intermediate
Attendance Hours
7.0
Current Price
$ 175.00
Member
$ 195.00
Regular
Instructor
Mark V. Smeltzer, SRA
Location
Name
Radisson Hotel Providence Airport
Address
2081 Post Road
City
Warwick
State
RI
Zip
02886
Click Here
to check state approvals
Sponsor / Contact
Chapter
Rhode Island
Website
riai.org/
Contact Name
Elsie John
Email
ejohn4@cox.net
Phone
(401) 433-6985
Fax
(401) 433-5665
Description
In this new seminar, participants will be exposed to the biases of human behavior and the psychology and logic behind the residential sales comparison approach. Through thoughtful debate on such topics as market value of actual sales, pending sales, new construction sales, expired listings and rejected offers; this seminar will also explore the techniques used by appraisers to interpret, and then anticipate, the actions of buyers and sellers in today’s market. Participants will review the rationale behind buyers’ purchasing decisions, including why some buyers choose a certain property while others reject it. Also discussed is how appraisal reports can serve as conclusive evidence of value in one market but not in another.
In addition,
Valuation by Comparison: Residential Analysis and Logic
will detail gathering, organization, and analysis of data after collection. By evaluating indications of value from the home buyer’s perspective, participants will learn about a variety of approaches and resources available for gleaning indications of market value, as well as how to consider the logic and appropriate support of adjustments. At the conclusion of this seminar, participants will better understand many aspects of the sales comparison analysis of residential properties.
Note.
The
Valuation by Comparison: Residential Analysis and Logic
book is included in the seminar registration cost.
Audience
Real estate appraisers
Equipment
An HP-19BII, HP-17BII, HP-12C, or equivalent calculator
Disclaimer
Cancellation Policy
Up To 14 days prior to program start date, $35.00 cancellation fee.
1 - 13 days prior to program start date, $50.00 cancellation fee.
Less than 1 day prior to program start date, forfeit of payment.
Transfer Policy
Up To 14 days prior to program start date, $35.00 transfer fee.
1 - 13 days prior to program start date, $35.00 transfer fee.
Less than 1 day prior to program start date, no transfer allowed.
REGISTRATION INFORMATION - Reservations are on a first come, first serve basis. Only those reservations that include full payment will be considered. Space is not guaranteed for those who register after the registration deadline. Priority is given to students enrolling for more than one course. Seating is limited and sessions may fill quickly. Register early. Students without materials may not take the course.
A minimum enrollment is required to be able to offer these courses. We reserve the right to cancel or re-schedule this course if a minimum enrollment is not met. If the course is cancelled, you will be notified and given a full refund. Consequently, we do not recommend purchasing non-refundable airline tickets.
All cancellations must be submitted in writing. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. If you have received your materials and do not send them back, you will receive no refund.
ALL STUDENTS WHO HAVE RECEIVED THEIR COURSE MATERIALS MUST BRING THEM WITH THEM ADDITIONAL MATERIALS WILL NOT BE AVAILABLE TO THOSE STUDENTS WHO HAVE NOT BROUGHT THEIR MATERIALS WITH THEM.
APPRAISER QUALIFICATIONS HOURS & ATTENDANCE POLICY--The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100% with your grade notifiction letter. If Appraisal Institute attendance records indicate attendance of less than 100% the student will not receive a course completion certificate.
Program materials will be picked up at the site.
Additional Information
If you have a disability and require accommodations, please notify the chapter office at least TWO WEEKS in advance and we will arrange for reasonable accommodations. We reserve the rights to cancel, limit or reschedule the course and to change faculty assignments and facility locations at any time.
Registration is at 8:00 a.m. Class hours are 8:30 a.m. - 5:00 p.m.
For hotel reservations, please call Cheryl LaBanca at 401-598-2100x61112 for rates indicating you are with the Rhode Island Chjapter of the Appraisal Institute. Radisson Airport Hotel, 2081 Post Road, Warwick, RI.
APPROVED FOR 7 HOURS OF APPRAISAL INSTITUTE CE, APPLICATIONS ARE BEING SUBMITTED TO RHODE ISLAND, MASSACHUSETTS AND CONNECTICUT.
The Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and
conducts its activities in accordance with federal, state and local laws.
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