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Residential Applications: Using Technology to Measure and Support Assignment Results

CALL   Date: November 16, 2012   Location: Memphis, TN
 
  Seminar    
Category  Residential [Res]  
Attendance Hours  7.0  
Current Price  $ 200.00 AI
$ 225.00 Full
 
  Instructor    
James B. Atwood, SRA  
    
 
  Location    
Name  Memphis Area Association of Realtors  
Address  6393 Poplar Ave.  
City  Memphis  
State  TN  
Zip  38119  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Memphis-Tennessee
Website  www.aimemphis.org  
Contact Name  Susan Evans  
Email  aimemphis@comcast.net  
Phone  (901) 218-0782  
 
  Description    

This seminar provides easy-to-use, highly efficient tools to supplement and enhance the traditional methods of adjustment and support through the use of technology. You will gain practical, hands-on, step-by-step training on how to use charts, graphs, spreadsheets, and pivot tables to support residential assignment results for market conditions; days on market, sales-to-list price ratio; adjustments for location, design, quality of construction, and other property amenities; market extraction for cost and depreciation estimates; and market extraction for market rent and gross rent multipliers.

Participants will learn how to provide market-derived support for the following assignment results:

  • Market conditions
  • Days on market
  • Sales-to-list-price ratio
  • Adjustments for location, design, quality of construction, and numerous other property amenities
  • Market extraction for cost and depreciation estimates
  • Market extraction for market rent and gross rent multipliers
This seminar provides easy-to-use, highly efficient tools to supplement and enhance the traditional methods of adjustment and support through the use of technology. Residential appraisers of the future may be required to use these tools to produce slick, professional charts and graphs as clients become more technologically sophisticated.

At the conclusion of the seminar, participants will be able to:
  • Recognize the connection between statistics and residential appraising.
  • Apply graphic analysis to solve and support market analysis issues.
  • Apply graphic analysis to support conclusions for the three approaches to value.
  • Apply Excel techniques to analyze data that can be imported into the Fannie Mae 1004MC appraisal report form.
Prerequisites
This seminar is for participants with a basic level of knowledge of spreadsheets, especially Excel, such as those obtained from

Note. This seminar will be taught from Windows using Excel 2007. If you are taking the seminar and plan to use an Apple laptop, you will need to have the latest version of Excel (2011) in order to perform some of the exercises. 

Recommended Texts
 
  Equipment    
All students MUST HAVE a laptop computer with Microsoft Excel 2007 or 2010 loaded and operational. No version prior to Excel 2007 will be taught in the seminar.

Note. This seminar will be taught from Windows using Excel 2007. If you are taking the seminar and plan to use an Apple laptop, you will need to have the latest version of Excel (2011) in order to perform some of the exercises.

Be sure that Solver Add-in and Analysis Tool Pak Add-in are installed prior to class.

If you do not currently own Excel, you can download a free copy for 60 days at http://office.microsoft.com/en-us/try.

Note. This seminar is hands on! When participants receive a registration e-mail confirmation, a secure link will be available where they will be instructed to download Excel files to use for in-class exercises. These files must be downloaded prior to the seminar.
 
  Disclaimer    
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 7 - 14 days prior to program start date, $50.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
   Transfer Policy
  • Up To 15 days prior to program start date, no transfer fee.
  • 7 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 7 days prior to program start date, no transfer allowed.
    


Program materials can be downloaded by the student or can be picked up at the site.
 
  Additional Information    
All Memphis Chapter classes are held at the MAAR Education Center at 6393 Poplar Avenue, Memphis, TN 38187. Registration begins at 8 a.m. and class starts promptly at 8:30 a.m. Refreshments are provided throughout the day; lunch is on your own.

Instructor - Jim Atwood, SRA

PLEASE NOTE: LAPTOP IS REQUIRED FOR THIS CLASS.

PREREQUISITES:
Designed for participants with a basic level of knowledge of spreadsheets, especially Excel, such as those obtained from

"Using Spreadsheet Programs in Real Estate Appraisals—The Basics" seminar (or its equivalent)

or

"Thinking Outside the Form: Tools, Techniques, and Opportunities for Residential Appraising" seminar (or its equivalent) Participants also should have experience in market analysis, highest and best use, and inferred market analysis.

NOTE: This seminar will be taught from Windows using Excel 2007. If you are taking the seminar and plan to use an Apple laptop, you will need to have the latest version of Excel (2011) in order to perform some of the exercises.

CE APPROVAL:
Class is approved for seven (7) hours CE in TN (#1468)and MS (#MAB49392). For other states, it is the student's responsibility to check with the licensing state for approval code prior to enrolling for the class.

The course is approved for 7 hours with the Appraisal Institute.