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    Review Theory - Residential

    More Info Register
    July 8-11, 2024
    Date
    July 8-11, 2024
    Sponsor
    Appraisal Institute
    Appraisal Institute - Synchronous (Live Online) Location
    Instructor
    Craig M. Harrington, SRA, AI-RRS
    Class Time
    15 hours
    Exam Time
    2 Hours
    Full Price
    $1,000.00
    AI Price
    $750.00
    Enroll by July 11!
    View Pricing Options
    Course Description

    All reviewers of residential appraisals should take this fundamental course. You will explore the seven steps in the process as they apply to reviews of residential work including, but not limited to, those subject to GSE requirements. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness to develop reconciled opinions of appropriateness and credibility. You’ll see how requirements of the review process compare with those of the Fannie Mae Form 2000/Freddie Mac Form 1032, One-Unit Residential Review Form as well as other GSE documents such as the Fannie Mae Selling Guide. You’ll also review complex or challenging residential review assignments such as those involving limited data, nonconforming properties, less common ownership types, or unusual properties such as geodesic domes and hobby farms. By taking this course, you'll gain invaluable confidence in the fundamentals of review.

    Who Should Enroll
    • Certified residential real property appraisers
    • Attorneys
    • Accountants
    • Government agency reviewers
    • Users of appraisal services
    AI CE Points
    Attend:
    175
    Attend & Pass Exam:
    225
    Pass Only:
    100
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK QE 17 15 2 Synchronous Synchronous 01/23/2023 01/23/2026 19204
    AL CE 14 14 Synchronous Synchronous 10/01/2022 09/30/2024 C02787
    AL QE 17 15 2 Synchronous Synchronous 09/22/2022 09/30/2024 C02933
    AR CE 17 15 2 Synchronous Synchronous 10/02/2023 10/02/2025 AI111
    AZ CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    AZ CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    AZ CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    AZ QE 17 15 2 Synchronous Synchronous 01/01/2022 01/28/2026
    CA CE 15 15 Synchronous Synchronous 05/09/2021 05/08/2025 17CP754601271
    CA CE 15 15 Synchronous Livestream 01/01/2022 08/04/2025 13CP754601060
    CO CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 2326
    CO CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 2326
    CO CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 2326
    CO CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 2326
    CT CE 15 15 Synchronous Synchronous 01/29/2023 12/09/2025 AAL.001013
    CT CE 15 15 Synchronous Synchronous 01/29/2023 12/09/2025 AAL.001013
    DC CE 17 15 2 Synchronous Synchronous 02/29/2024 02/28/2026
    DE CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    DE CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    DE CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    FL CE 15 15 Synchronous Synchronous 09/16/2022 09/15/2024 0010459
    GA CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 72035
    HI CE 15 15 Synchronous Synchronous 11/07/2023 12/31/2024 23-414
    HI CE 17 15 2 Synchronous Synchronous 11/07/2023 12/31/2024 23-414
    IA CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 A518-1157
    IA CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 A518-1157
    IA CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 A518-1156
    IA CE 15 15 Synchronous Synchronous 01/28/2023 01/28/2026 A518-1156
    ID CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026
    IL CE 15 15 Synchronous Synchronous 01/01/2023 12/31/2024 575.010154
    IN CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    IN CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    IN CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    KS CE 15 15 Synchronous Synchronous 01/01/2024 12/31/2024 241.C24.R
    KY CE 15 14 1 Synchronous Synchronous 07/01/2023 06/30/2024
    KY QE 17 15 2 Synchronous Synchronous 07/01/2023 06/30/2024
    LA CE 17 17 Synchronous Synchronous 06/16/2023 01/28/2026
    LA QE 17 15 2 Synchronous Synchronous 06/16/2023 01/28/2026 A0277
    MA CE 15 15 Synchronous Synchronous 06/16/2023 01/28/2026 120021
    MD CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    MD CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    MD CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    ME CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    ME CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    ME CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    MI CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 3450
    MI CE 17 17 Synchronous Synchronous 01/28/2023 01/28/2026 3450
    MI CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 3449
    MN CE 17 15 2 Synchronous Synchronous 06/01/2023 05/31/2025 1023121
    MO CE 15 15 Synchronous Synchronous 01/29/2020 06/28/2026
    MO QE 17 15 2 Synchronous Synchronous 04/22/2023 06/28/2026
    MS CE 15 15 Synchronous Synchronous 01/29/2020 07/27/2025 MAB #49973
    MT CE 17 15 2 Synchronous Synchronous 01/30/2023 01/06/2026 REA-CEC-REC-15970
    NC CE 15 15 Synchronous Synchronous 01/01/2024 12/31/2024 4161
    ND CE 17 15 2 Synchronous Synchronous 05/12/2023 01/28/2026 CE-223031
    NE CE 15 15 Synchronous Synchronous 08/18/2022 08/18/2027 2172429.02
    NH CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026
    NJ CE 17 15 2 Synchronous Synchronous 10/26/2023 01/28/2026 2023-3437
    NM CE 15 15 Synchronous Synchronous 12/23/2022 01/28/2026 4183
    NM CE 15 15 Synchronous Synchronous 07/19/2023 01/28/2026 3089
    NM CE 17 15 2 Synchronous Synchronous 07/19/2023 01/28/2026 3089
    NV CE 15 15 Synchronous Synchronous 07/01/2019 07/31/2024 E.0009734-A
    NY CE 15 15 Synchronous Synchronous 01/01/2024 12/31/2024 A4690-15
    NY QE 17 15 2 Synchronous Synchronous 09/30/2023 09/30/2024
    OH CE 15 15 Synchronous Synchronous 02/25/2022 12/31/2025 923200602A22
    OH CE 15 15 Synchronous Synchronous 01/01/2024 12/31/2024 084403004A 22
    OK CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 887
    OK CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 888
    OR CE 17 17 Synchronous Synchronous 12/16/2022 01/28/2026 APIN-C-1222-8960
    PA CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026
    PR CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    PR CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    PR CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    RI CE 17 15 2 Synchronous Synchronous 06/16/2023 01/28/2026
    SC CE 17 15 2 Synchronous Synchronous 09/01/2022 08/31/2024 DE1618
    SD CE 17 15 2 Synchronous Synchronous 04/26/2021 04/26/2024 SD 1218 CE
    SD CE 17 15 2 Synchronous Synchronous 04/27/2024 01/28/2026 SD 1636 CE
    TN CE 15 15 Synchronous Synchronous 10/01/2023 09/30/2025 1686
    TN CE 15 15 Synchronous Synchronous 06/01/2023 05/31/2025 2037
    TX CE 17 15 2 Synchronous Synchronous 01/03/2023 01/28/2025 TX Provider #:10 Course #:45130
    TX CE 17 15 2 Synchronous Synchronous 02/01/2023 01/30/2025 TX Provider #:10 Course #: 46422
    UT CE 15 14 1 Synchronous Livestream 05/04/2022 05/31/2024 AC220503
    UT CE 15 15 Synchronous Synchronous 12/01/2023 11/30/2025 AC231120
    UT CE 17 15 2 Synchronous Synchronous 12/01/2023 11/30/2025 AC231119
    VA CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    VA CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    VA CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    VT CE 17 15 2 Synchronous Synchronous 06/06/2017 03/16/2025
    VT CE 15 15 Synchronous Livestream 01/01/2022 03/16/2025
    WA CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 A23000412
    WA CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 A23000412
    WI CE 17 15 2 Synchronous Synchronous 01/28/2023 01/28/2026 47906
    WI CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    WI CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 47906
    WV CE 15 15 Synchronous Synchronous 01/29/2023 01/28/2026
    WV CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026
    WY CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026 345
    WY CE 17 15 2 Synchronous Synchronous 01/29/2023 01/28/2026
    WY QE 17 15 2 Synchronous Synchronous 04/05/2023 01/28/2026 345
    Course Objectives
    • Define review.
    • Distinguish between appraisal and review.
    • Evaluate the necessary knowledge and skills required to complete reviews.
    • Distinguish between trivial and material errors.
    • Identify types of review assignments and the process employed in the reviewer's scope of work.
    • Recognize regulatory compliance issues for review appraisers.
    • Identify the steps necessary to communicate the review effectively.
    Course Details

    Assignments:
    Yes. After you register for this class, please go to your Education and Events page for
    details on what you must complete BEFORE class begins.

     
    To access your Education and Events page, log on to the Appraisal Institute website at https://ai.appraisalinstitute.org/eweb (click on the three horizontal lines to the left of the AI logo and select “My
    AI Account” from the drop-down menu).
     

    Equipment:
    A basic-function calculator is required. You may use a financial calculator if you wish.

    Additional Information:

    Course Materials Include:
    • Course Handbook (370 pp.)
    • Pre-Class Downloads (3.32 MB)
    • Pre-Class Memo (1 p.)
    Designated members, Candidates for Designation, and Practicing Affiliates will receive the discounted AI Price for review designation education courses: Review Theory—Residential and Review Case Studies—Residential. All others will pay full price. Review Theory—Residential is required for individuals pursuing the Appraisal Institute Residential Review Designation (AI-RRS – Appraisal Institute Residential Review Specialist). See more information regarding the requirements for the review designation.
     
    • If you are currently a Candidate for Designation, or wish to become a Candidate, view here for the specific designation requirements.
     
    Disclaimer
    I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a Designated member, Candidate for Designation, Practicing Affiliate, or Affiliate of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Code of Professional Ethics and Standards of Professional Practice of the Appraisal Institute, and such peer review proceeding may result in termination of my Appraisal Institute membership, candidacy, and/or affiliation.

    Requirements:

    Live Online Education FAQ 

    Prerequisites
    Required:

    None. However, this course was written for appraisers at the certified residential level.

    Recommended:

    Residential Market Analysis and Highest & Best Use

    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 07/11/2024
    $1,000.00 $750.00
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    Northern California Chapter June 19-21, 2024 Walnut Creek, CA Classroom View Details Register
    Event Information

    Location:
    This course will be held via live interactive classroom technology. See below for important participation requirements.

    State Credit:
    A course may NOT be approved in every state for every delivery format. For example, some states do NOT allow any virtual education. When registering for any Appraisal Institute course, all participants will be required to check state approvals based on delivery format. For more information, see our state approvals page.

    Class Schedule:
    Class begins each day at 10:00AM Central time (8:00AM Pacific, 9:00AM Mountain, 11:00AM Eastern). Each class runs for four (4) hours each day with at least two breaks during that time.  The course runs for four (4) half-days as follows. Times shown are U.S. Central (Chicago) time.

    • Day 1: Monday, July 8, 10:00 am - 2:00 pm
    • Day 2: Tuesday, July  9, 10:00 am - 2:00 pm
    • Day 3: Wednesday, July 10, 10:00 am - 2:00 pm
    • Day 4: Thursday, July 11, 10:00 am - 2:00 pm

    AI National Synchronous Participation Requirements:
    • All students are required to have a computer, webcam, and microphone capability to participate and receive continuing or qualifying education credit where approved. It is the student’s responsibility to have the required equipment to participate and receive credit. Visit the System Requirements for Attendees and Share Webcam pages for help.

    • All students are required to keep their webcam on at all times while class is in session. Attendance will be monitored throughout the day through webcams and polling. A photo ID must be presented during roll call at the beginning of class on the first day. 

    • The instructor must be able to interact with all students. Instructors and administrators will direct questions to each student in the morning and afternoon to which students must respond. Students must be in a location that allows for their full attention and interaction at all times.

    For questions regarding these classroom participation requirements, contact the Appraisal Institute at sync@appraisalinstitute.org or call (312) 335-4473.


    Connection Information:
    Several minutes after you receive your Appraisal Institute receipt email, you will receive a second email from GoToTraining which will include instructions on connecting to the live session and a link to a small download of the GoToTraining software. The software runs on almost all operating systems and popular browsers. Connection email reminders are re-sent 1 week, 1 day, and 1 hour prior to the live session start time. If you do not receive the connection information, please check your junk, spam, or quarantine folders. For questions, please email 
    sync@appraisalinstitute.org or call (312) 335-4473.

    Download Course Materials:
    Log onto your AI Account at 
    www.appraisalinstitute.org with the username and password you used when you registered. Click on “Education and Events” located on the right navigation menu. On the My Events page, find the course under the “Classroom Offerings/Synchronous Offerings/Conferences” heading and click the "View" button. Scroll down to the “Download Course Materials” section and click on each link to download the course materials.