Review Theory—Residential is the fundamental review course that all reviewers should have in their education background. It is a required course for individuals pursing the Appraisal Institute Residential Review Designation.* Participants embark on an in-depth journey of the seven steps that are outlined through the review process, which is at the core of this course. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness in order to develop opinions of appropriateness and credibility. By taking this course, participants may gain invaluable confidence on the fundamentals of review.
Upon completion of the course, participants should be able to:
* The Appraisal Institute soon will begin offering a review designation program. Those pursuing an Appraisal Institute review designation will be able to fulfill certain education requirements by completing one or more of these review courses, depending on which designation they are pursuing (residential or general) and which Appraisal Institute designation they already hold, if any. For more information regarding the requirements for the review designation, please click here.
If you are currently designated, click here for more information on the alternative path:
If you are currently a candidate for designation, or wish to become a candidate, click here for the specific designation requirements:
Participants must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.