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    Review Theory - Residential

    Register
    March 12-13, 2024 Anchorage, AK
    Date
    March 12-13, 2024
    Location
    Anchorage, AK
    Sponsor
    Alaska Chapter
    Instructor
    Mark V. Smeltzer, MAI, SRA, AI-GRS, AI-RRS
    Class Time
    15 hours
    Exam Time
    2 Hours
    Full Price
    $1,000.00
    AI Price
    $750.00
    Enroll by March 12!
    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 CE 17 15 2 Classroom Classroom 07/01/2023 01/28/2026 19400
    AL CE 15 15 Classroom Classroom 10/01/2022 09/30/2024 C02640
    AL QE 17 15 2 Classroom Classroom 09/22/2022 09/30/2024 C02787
    AR CE 17 15 2 Classroom Classroom 10/02/2023 10/02/2025 AI111
    AZ CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    AZ CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    AZ CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    AZ QE 17 15 2 Classroom Classroom 01/01/2022 01/28/2026
    CA CE 15 15 Classroom Classroom 08/05/2021 08/05/2025 13CP754601060
    CO CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 2327
    CO CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 2327
    CO QE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 2327
    CO QE 17 15 2 Classroom Classroom 12/29/2022 01/28/2026 2327
    CT CE 15 15 Classroom Classroom 06/16/2023 01/28/2026 AAL.001057
    DC CE 17 15 2 Classroom Classroom 02/29/2024 02/28/2026 4074
    DE CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    DE CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    DE CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    FL CE 17 15 2 Classroom Classroom 11/26/2023 11/25/2025 0009140
    GA CE 17 15 2 Classroom Classroom 07/20/2013 64072
    GA CE 15 15 Classroom Classroom 07/21/2013 64073
    HI CE 17 15 2 Classroom Classroom 11/07/2023 12/31/2024 23-414
    HI CE 15 15 Classroom Classroom 11/07/2023 12/31/2024 23-414
    IA CE 15 15 Classroom Classroom 06/16/2023 01/28/2026 A518-205
    IA CE 17 15 2 Classroom Classroom 06/16/2023 01/28/2026 A518-206
    ID CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 6651
    ID CE 17 15 2 Classroom Classroom 02/01/2023 01/28/2026
    IL CE 15 15 Classroom Classroom 01/01/2023 12/31/2024 575.001841
    IN CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    IN CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    IN CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    KS CE 15 15 Classroom Classroom 01/01/2024 12/31/2024 239.C24.R
    KY CE 17 15 1 Classroom Classroom 07/01/2023 06/30/2024
    KY QE 17 15 2 Classroom Classroom 07/01/2023 06/30/2024
    LA CE 17 17 Classroom Classroom 06/16/2023 01/28/2026
    LA QE 17 15 2 Classroom Classroom 06/16/2023 01/28/2026
    MA CE 15 15 Classroom Classroom 06/16/2023 01/28/2026 120021
    MA CE 15 15 Classroom Classroom 06/17/2023 01/28/2026 120021
    MD CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    MD CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    MD CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    ME CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    ME CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    ME CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    MI CE 15 15 Classroom Classroom 02/21/2023 01/28/2026 1644
    MN CE 17 15 2 Classroom Classroom 09/01/2023 08/31/2025
    MN CE 15 15 Classroom Classroom 09/01/2023 08/31/2025
    MO CE 15 15 Classroom Classroom 06/16/2023 06/28/2026
    MO QE 17 15 2 Classroom Classroom 04/21/2023 06/28/2026
    MS CE 15 15 Classroom Classroom 08/28/2022 07/27/2025 MAB #49973
    MT CE 15 15 Classroom Classroom 06/19/2023 01/28/2026 REA-CEC-REC-16713
    NC CE 15 15 Classroom Classroom 01/01/2024 12/31/2024 2090
    ND CE 17 15 2 Classroom Classroom 05/12/2023 01/28/2026 CE-223031
    ND CE 17 15 2 Classroom Classroom 06/16/2023 01/28/2026 CE-223031
    NE CE 17 17 Classroom Classroom 02/21/2024 02/20/2029 2141408.02
    NH CE 17 15 2 Classroom Classroom 06/17/2020 01/28/2026
    NJ CE 17 15 2 Classroom Classroom 10/26/2023 01/28/2026 2023-3437
    NM CE 17 15 2 Classroom Classroom 07/19/2023 01/28/2026 4273
    NM CE 15 15 Classroom Classroom 07/19/2023 01/28/2026 4273
    NV CE 15 15 Classroom Classroom 07/01/2020 07/31/2024 E.0009734-A
    NV QE 17 15 2 Classroom Classroom 07/01/2023 06/30/2024 PL.0597005-A
    NY CE 15 15 Classroom Classroom 01/01/2024 12/31/2024 A4690-15
    NY QE 17 15 2 Classroom Classroom 09/30/2023 09/30/2024
    OH CE 15 15 Classroom Classroom 01/01/2024 12/31/2024 084403004A 22
    OK CE 15 15 Classroom Classroom 06/16/2023 01/28/2026 888
    OK CE 17 15 2 Classroom Classroom 06/16/2023 01/28/2026 887
    OR CE 17 15 2 Classroom Classroom 06/16/2023 01/28/2026 APIN-C-1222-8960
    PA CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026
    PA CE 15 15 Classroom Classroom 08/31/2023 08/21/2024
    PR CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    PR CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    PR CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    RI CE 15 15 Classroom Classroom 06/16/2023 01/28/2026 REA.0002020-CE
    SC CE 17 15 2 Classroom Classroom 09/01/2022 08/31/2024 CE1345
    SD CE 15 15 Classroom Classroom 09/04/2022 07/22/2025 SD 990 CE
    TN CE 15 15 Classroom Classroom 10/01/2023 09/30/2025 1686
    TX CE 17 15 2 Classroom Classroom 05/04/2023 01/31/2025 TX Provider #:10 Course #: 46422
    UT CE 15 14 1 Classroom Classroom 05/04/2022 05/31/2024 AC220503
    UT CE 17 15 2 Classroom Classroom 06/01/2022 06/30/2024 AC220601
    VA CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    VA CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    VA CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    VT CE 15 15 Classroom Classroom 06/06/2017 03/16/2025
    WA CE 17 15 2 Classroom Classroom 06/17/2020 01/28/2026 A23019782
    WI CE 17 15 2 Classroom Classroom 01/28/2023 01/28/2026 47906
    WI CE 17 15 2 Classroom Classroom 01/29/2023 01/28/2026 47906
    WI CE 15 15 Classroom Classroom 01/29/2023 01/28/2026 47906
    WV CE 15 15 Classroom Classroom 06/17/2020 01/28/2026
    WV CE 17 15 2 Classroom Classroom 06/17/2020 01/28/2026
    WY CE 17 15 2 Classroom Classroom 06/16/2023 01/28/2026
    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

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    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 designated, view more information on the alternative path.

    If you are currently a Candidate for Designation, or wish to become a Candidate, view here for the specific designation requirements.
     
    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

    Requirements:
    None

    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 03/12/2024
    $1,000.00 $750.00
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute July 8-11, 2024 Synchronous View Details Register
    Event Information

    Registrants will be able to take the test at the end of this class in order to obtain designation credit.

    The test will be given at the end of the class on the 13th.

    • Class registration will start at 8:30 am - Alaska Time
    • Class will be 9:00-5:00 - Alaska Time

    Lunch is included in your registration fee and will be served on site.

    There will be a vegetarian option available.