Skip to Content (custom)

    Practical Applications of the Residential Sales Comparison Approach

    More Info Register
    On Demand
    Date
    On Demand
    Sponsor
    Appraisal Institute
    Location
    Instructor
    Alan F. Simmons, SRPA
    Joshua H. Walitt, SRA, AI-RRS
    Class Time
    4 hours
    Full Price
    $95.00
    AI Price
    $80.00
    Course Description
    This program was designed for appraisers who have some knowledge of the process and who wish to advance their skill set and review the basic procedures of sales comparison analysis. For some, this will be a new way to think about the sales comparison approach, but for more experienced appraisers this may be somewhat like an airline pilot going back to ground school to re-familiarize themselves with basic procedures that are not used often but still are important to the job. You’ll study the underlying logic of the sales comparison approach, ways to support adjustments, how to reconcile the evidence of value and why some of the data may be inconsistent. You’ll explore the research and analysis of human behavior in the buying process and why some sales are not good indications of market value. This material is also important to appraisers who receive some push back from clients regarding the logic of the sales comparison approach or in some cases, other non-client users, like homeowners, who object to the conclusions.


    Who Should Enroll
    Residential appraisers
    AI CE Points
    Attend:
    20
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 4 4 Online Online 01/17/2023 12/20/2025 19195
    AL CE 4 4 Online Online 03/16/2023 09/30/2024 C02826
    AR CE 4 4 Online Online 05/07/2024 03/01/2026 AI016
    AZ CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    AZ CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    CA CE 4 4 Online Online 03/03/2024 03/02/2028 20CP754601420
    CO CE 4 4 Online Online 12/21/2022 12/20/2025 2294
    CO CE 4 4 Online Online 12/21/2022 12/20/2025 2294
    CT CE 4 4 Online Online 12/21/2022 12/16/2025 AAL.001008
    CT CE 4 4 Online Online 12/21/2022 12/16/2025 AAL.001008
    DC CE 4 4 Online Online 02/29/2024 02/28/2026 3940
    DE CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    DE CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    FL CE 4 4 Online Online 03/16/2024 03/15/2026 0010153
    GA CE 4 4 Online Online 02/17/2020 12/20/2025 71749
    GA CE 4 4 Online Online 03/01/2020 12/20/2025 71749
    HI CE 4 4 Online Online 11/07/2023 12/31/2024 23-382
    IA CE 4 4 Online Online 12/21/2022 12/20/2025 A518-1087
    IA CE 4 4 Online Online 12/21/2022 12/20/2025 A518-1087
    ID CE 4 4 Online Online 12/23/2022 12/20/2025 17983
    ID CE 4 4 Online Online 10/26/2022 12/20/2025
    IL CE 4 4 Online Online 01/01/2023 12/31/2024 575.010435
    IN CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    IN CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    KS CE 4 4 Online Online 01/01/2024 12/31/2024 214.C24.R
    KY CE 4 4 Online Online 07/01/2023 06/30/2024
    KY CE 4 4 Online Online 07/01/2024 05/30/2025
    LA CE 4 4 Online Online 12/21/2022 12/20/2025 A0318
    MA CE 4 4 Online Online 12/21/2022 12/20/2025 120102
    MA CE 4 4 Online Online 12/09/2022 12/20/2025 120102
    MD CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    MD CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    ME CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    ME CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    MI CE 4 4 Online Online 12/20/2022 12/20/2025 3446
    MN CE 4 4 Online Online 03/01/2024 02/28/2026 1029095
    MO CE 4 4 Online Online 12/21/2022 12/20/2025
    MO CE 4 4 Online Online 10/25/2022 12/20/2025
    MS CE 4 4 Online Online 12/21/2022 11/17/2024 MAB #50211
    MT CE 4 4 Online Online 02/14/2023 12/20/2025 REA-CEC-REC-16765
    NC CE 4 4 Online Online 01/01/2024 12/31/2024 4355
    ND CE 4 4 Online Online 12/21/2022 12/20/2025 CE-222087
    NE CE 4 4 Online Online 02/20/2020 02/20/2025 2202405.02
    NH CE 4 4 Online Online 12/16/2023 12/20/2025
    NJ CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    NJ CE 4 4 Online Online 01/01/2023 12/20/2025 2022-3475
    NM CE 4 4 Online Online 12/21/2022 12/10/2025 4168
    NV CE 4 4 Online Online 10/02/2023 10/31/2024 CE.0009802-A
    NY CE 4 4 Online Online 01/01/2024 12/31/2024 A5146-04
    OH CE 4 4 Online Online 01/01/2024 12/31/2024 923401912A 23
    OK CE 4 4 Online Online 12/21/2022 12/20/2025 902
    OR CE 4 4 Online Online 12/21/2022 12/20/2025 APIN-C-1022-8948
    OR CE 4 4 Online Online 12/21/2022 12/20/2025 APIN-C-1022-8948
    PA CE 4 4 Online Online 12/21/2022 12/20/2025
    PR CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    PR CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    RI CE 4 4 Online Online 10/26/2022 12/20/2025 REA.0001934-CE
    SC CE 4 4 Online Online 09/01/2022 08/31/2024 DE 1861
    SD CE 4 4 Online Online 09/15/2023 09/15/2026 SD 1605 CE
    TN CE 4 4 Online Online 04/01/2024 03/31/2026 2380
    TX CE 4 4 Online Online 12/21/2022 12/07/2024 TX Provider #: 10 Course #44881
    TX CE 4 4 Online Online 12/07/2022 12/07/2024 TX Provider #: 10 Course #:44881
    UT CE 4 4 Online Online 05/01/2024 04/30/2026 AC240413
    VA CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    VA CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    VT CE 4 4 Online Online 02/08/2022 02/08/2026
    WA CE 4 4 Online Online 12/21/2022 12/20/2025 A22034945
    WI CE 4 4 Online Online 12/21/2022 12/20/2025 71265
    WI CE 4 4 Online Online 12/20/2022 12/20/2025 71265
    WV CE 4 4 Online Online 02/02/2023 12/20/2025
    WV CE 4 4 Online Online 02/02/2023 12/20/2025
    WY CE 4 4 Online Online 12/21/2022 12/20/2025 1465
    WY CE 4 4 Online Online 12/21/2022 12/20/2025
    Course Objectives
    • Identify anomalies in sales comparison data that will cause inconsistent indications of market value.
    • Determine when sales are not indications of value for the subject.
    • Recognize how sales comparison analysis is used in other industries besides real estate.
    • Identify what alternatives are available to buyers in a market and why that is important to appraisers.
    Course Details

    Program Overview:
    Online Syllabus

    Assignments:
    None.

    Equipment:
    A financial calculator would be useful for some exercises. AI education programs are developed with HP-12C calculator keystrokes.

    Additional Information:
    Online Course Access
    Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
    1. Click "Education and Events" on the right navigation menu.
    2. Find the course under the “Online Courses” heading and click the “Begin” button.
    IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

    Other Details:
    For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.

    Requirements:

    Prerequisites
    Knowledge and experience with basic appraisal theories and fundamental residential appraisal practices
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 12/31/2050
    $95.00 $80.00
    Event Information
    Students should confirm state approvals prior to registering for any Appraisal Institute program.