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.

"I created this pivot table in less than 10 minutes to prove a swimming pool adjustment. Supporting my adjustments are much easier now that I attended the Residential Applications seminar and learned to use Excel with data downloaded from the MLS."

-- Sandy Adomatis, SRA

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

• 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.

• 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. 

Recommended Texts

• An Introduction to Statistics for Appraisers
• Appraising Residential Properties,4 ed.
• Practical Applications in Appraisal Valuation Modeling
• The Appraisal of Real Estate, 13th ed.
• Visual Valuation: Implementing Valuation Modeling and Geographic Information Solutions

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.

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.