Developing & Analyzing Residential Market Conditions

The current Seller's Market being experienced across the country presents unique challenges for residential appraisers. In many instances, the list price is regarded as the reserve for an auction and contract prices are consistently higher than the list price.  Is this typical?  In a Seller’s Market, the answer is Yes.  This course will present methods and techniques for analyzing market conditions, provide insight as to why market conditions are of the utmost importance during extreme markets, and illustrate how to develop and support reasonable adjustment amounts during atypical markets.

The seminar provides an opportunity for residential appraisers to enhance their analytical skills by increasing their ability to recognize and apply Market Conditions in the appraisal process.  Participants will gain a better understanding of how Market Conditions can impact the value opinion.