Real-World Adjustments

Seminar Description:  This course is designed to reinforce methods and techniques for deriving adjustment estimates for the sales comparison approach. The material is appropriate for trainees, new appraisers, and veteran appraisers needing review of concepts and real-world illustrations of carrying out recognized methods and techniques. Although many examples and illustrations relate to residential properties, the concepts apply to the sales comparison approach in general. 

  Adjustments are explored for elements including market conditions, garages, square  footage, location, condition, and others. Methods employed include paired sales, paired groups, paired resales, graphs and trending, and regression. Content also discusses market indexes and guidance on expectations for addressing market condition changes.

 Discuss the reason for researching and applying adjustments

• Identify paired sales
• Analyze and explain paired sales
• Identify paired groupings of sales
• Analyze and explain paired groupings of sales Identify paired resales
• Analyze and explain paired resales
• Identify components and apply conclusions of a regression model using available data sources
• Calculate market condition changes by analyzing sales data
• Calculate physical characteristic contributory values by analyzing sales data

 Instructor: Joshua Walitt, SRA, AI-RRS

 Class Schedule:

Login and Roll Call:  11:30 – 12:00 PM ET

Class Instruction:  12:00 – 2:00 PM ET