- Date
- June 15-16, 2026
- Time
- 1:00PM - 5:00PM (CST)
- Sponsor
- Alabama-Mississippi Chapter
- Location
- Embassy Suites by Hilton Gulf Shores Beach Resort
112 West Beach Boulevard
Gulf Shores, AL 36542
- Instructor
- Derek Molen, R/W-AC, SRA, CDEI
Phil Swartz, AI-GRS, AI-RRS, R/W-AC
- Full Price
- $245.00
- AI Price
- $225.00
Course Description
In appraisal practice, reconciliation is where the rubber meets the road. While seemingly endless supplies of data can be summoned with ever-increasing ease, appraisers maintain a pivotal role: Make It Make Sense for the intended use and to the intended users.
Make It Make Sense: A Reviewers’ Perspective on Reconciliation, developed by Philip J. Swartz, AI-GRS, AI-RRS, R/W-AC, and Derek R. Molen, R/W-AC, SRA, CDEI, aims to synthesize the developers’ 50+ years of experience in appraisal and appraisal review to provide students with tools, tips, and techniques that will prove useful in their daily appraisal practice.
Participants will develop a deeper appreciation for the appraisal process by exploring best practices for consistency, clarity, and credibility throughout the development and reporting of their appraisal assignments.
Who Should Enroll
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|
| AL | CE | 7 | Classroom | 03/12/2026 | 09/30/2026 | C03225 (Alabama-Mississippi Chapter) | ||
| KY | CE | 7 | Classroom | 03/27/2026 | 12/31/2026 | A0012 (Alabama-Mississippi Chapter) | ||
| LA | CE | 7 | Classroom | 03/27/2026 | 12/31/2026 | A0012 (Alabama-Mississippi Chapter) | ||
| MS | CE | 7 | Classroom | 03/19/2026 | 03/19/2028 | 50775 (Alabama-Mississippi Chapter) | ||
| TN | CE | 7 | Classroom | 04/06/2026 | 04/06/2028 | 2992 (Alabama-Mississippi Chapter) |
Course Objectives
Upon successful completion of this course, participants will be able to:
Review key terms and definitions
Identify authoritative references on reconciliation
Recognize requirements of applicable standards
Demonstrate techniques to identify relevant characteristics and comparable sales
Compare quantitative and qualitative methods for supporting adjustments and reconciliation in the sales comparison approach
Explain the importance of analyzing recent prior sales of the subject property
Understand how review appraisers evaluate the internal logic of land value, replacement/reproduction cost estimates, and depreciation calculations
Identify “red flags” in cost approach conclusions
Express the importance and application of the concept of consistent use
Differentiate direct and yield capitalization methods and their respective applications
Identify common inconsistencies in the income capitalization approach
Examine perspectives on DCF models and the subdivision development method
Combine elements of each approach to provide better support for appraisal conclusions
Contrast the strengths and weaknesses of each of the traditional valuation approaches
Assess the internal consistency of statements commonly found in appraisal reports
Evaluate descriptions and exhibits found in appraisal reports
Judge the credibility of appraisal opinions and conclusions
Communicate credible and defensible appraisal reports
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 06/16/2026 |
$245.00 | $225.00 |
Event Information
Course Overview
In appraisal practice, reconciliation is where the rubber meets the road. While seemingly endless supplies of data can be summoned with ever-increasing ease, appraisers maintain a pivotal role: Make It Make Sense for the intended use and to the intended users.
Make It Make Sense: A Reviewers’ Perspective on Reconciliation, developed by Philip J. Swartz, AI-GRS, AI-RRS, R/W-AC, and Derek R. Molen, R/W-AC, SRA, CDEI, aims to synthesize the developers’ 50+ years of experience in appraisal and appraisal review to provide students with tools, tips, and techniques that will prove useful in their daily appraisal practice.
Participants will develop a deeper appreciation for the appraisal process by exploring best practices for consistency, clarity, and credibility throughout the development and reporting of their appraisal assignments.
Hotel Reservations:
You can make your hotel reservation(s) at our discounted rate of $269 by clicking the room block link in blue: ALMS Chapter Summer Meeting Room Block
Class Information:
This seminar is being taught over the two days - June 15-16th, 2026.
Part 1: Monday, June 15th:
12:30 p.m. CT - Check In
1:00 p.m. - 5:00 p.m. - Class Instruction
A cocktail reception will be held immediately following Part 1 of the class (from 5 p.m. - 7 p.m.). Everyone is invited to attend. If you are bringing a guest, please email myra.pitts@appraisalinstitute.org.
Part 2: Tuesday, June 16th
8:30 a.m. – 9:00 a.m. CT– Check In
9:00 a.m. – 12:00 p.m. CT– Class Instruction
All Registrants must attend BOTH days of class to receive their continuing education hours.
CE Approvals:
This seminar is approved for 7 hours of CE in AL, MS, TN, GA, FL, & LA.
It is also approved for 7 hours of CE by the MREC and AREC.
Please Note: Other states may be willing to give credit by reciprocity but it cannot be guaranteed. If you'd like to attempt it, you'll need to turn in a certificate from one of the states where this class IS approved along with a timed outline of the course and ask the state for "credit by reciprocity".