Not Your Momma's Appraisal Process: Appraising in a Modern World

Appraisal methodologies and procedures have been over 120 years.  Although there's been minor improvements in how we develop and report appraisals, the inspection process has not changed significantly since it's inception in the 1890s. With the upcoming release of the new Unified Appraisal Dataset (UAD), mortgage appraisers, and their clients are about to see a revolution, and how appraisals are inspected, data collected, analyzed, and reported.


Modernization is all around us and it took a while for the appraisal industry to catch up!  New innovative tools & techniques refine the workflow process and augment the production of appraisal reports. Specifically, with regards to data collection, data analysis, and the applications of the approaches to value. This seminar provides a glimpse of the future, since the future is here now!   Moreover, it discusses changes occurring to the appraisal process for producing credible results.

Four case studies are discussed: Water-Front Highest & Best Use (HBU) Analysis, Utilizing the Sales Comparison Approach for valuing a hobby farm, Using Statistical Analysis to calculate elements of adjustments, and Enhanced Market Analysis using AI.  Each case study walks you through a various component of the appraisal process utilizing new technology that streamlines workflow, increases productivity, enhances your potential income, and reduces errors associated with traditional data collection.  Additionally, these case studies super-charge your analysis, and reporting skills!