Supporting Adjustments and Reporting the Sales Comparison Approach in the New URAR
More Info Register
- Date
- August 1, 2025
- Time
- 1:30PM - 4:30PM (MST)
- Sponsor
- Utah Chapter
- Location
- Virtual Classroom
Virtual
- Instructor
- Jared L. Preisler, SRA, AI-RRS
- Class Time
- Classroom: 3 hours<br />Synchronous: 3.0
No Longer Available
Course Description
The new Uniform Residential Appraisal Report (URAR) challenges appraisers to deliver a report in a confident manner to clients with a credible analysis that meets the minimum reporting requirements of the Government-Sponsored Enterprises (GSEs). The new URAR requires that support for adjustments be included directly in the appraisal report, so residential practitioners need to understand the expectations of the GSEs and underwriters around these topics.
Supporting Adjustments and Reporting the Sales Comparison Approach in the New URAR is a three-hour program that focuses on an effective manner of developing and supporting the sales comparison approach section of the new URAR. Case studies will represent real-world residential appraisal valuation problems and the multiple qualitative and quantitative ways that each of the major adjustments in a residential sales grid can be supported. Since the applicable and appropriate techniques for any specific adjustment usually produce some variation in the indicated contributory value, the art and science of reconciliation will also be emphasized through repeated application. The program will be valuable for residential appraisers to strengthen their proficiency in both the sales comparison approach and in supporting the adjustments used in the sales grid. The program will also be valuable for reviewers of residential reports.
Read More
Who Should Enroll
This program is intended for residential appraisers and reviewers of residential appraisal reports.
AI CE Points
Attend:
15
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|---|
| AL | CE | 3 | 3 | Synchronous | Synchronous | 07/10/2025 | 09/30/2026 | C03127 | |
| AR | CE | 3 | 3 | Synchronous | Synchronous | 05/16/2025 | 05/16/2027 | AI125 | |
| CA | CE | 3 | 3 | Synchronous | Synchronous | 05/21/2025 | 05/20/2029 | 25CP754601609 | |
| CO | CE | 3 | 3 | Synchronous | Synchronous | 04/30/2025 | 04/30/2028 | 2905 | |
| CT | CE | 3 | 3 | Synchronous | Synchronous | 05/14/2025 | 05/14/2028 | AAL.001413 | |
| GA | CE | 3 | 3 | Synchronous | Synchronous | 06/02/2025 | 78692 | ||
| IA | CE | 3 | 3 | Synchronous | Synchronous | 05/05/2025 | 05/05/2027 | A518-2340 | |
| IL | CE | 3 | 3 | Synchronous | Synchronous | 05/27/2025 | 12/31/2026 | 575.010822 | |
| KS | CE | 3 | 3 | Synchronous | Synchronous | 06/03/2025 | 12/31/2025 | 649.C25.N | |
| KY | CE | 3 | 3 | Synchronous | Synchronous | 05/23/2025 | 06/30/2026 | ||
| MA | CE | 3 | 3 | Synchronous | Synchronous | 05/09/2025 | 05/08/2027 | 00120209 | |
| MI | CE | 3 | 3 | Synchronous | Synchronous | 04/29/2025 | 04/29/2028 | 20 - 1300340 | |
| MN | CE | 3 | 3 | Synchronous | Synchronous | 07/28/2025 | 07/31/2027 | 1039103 | |
| MS | CE | 3 | 3 | Synchronous | Synchronous | 06/19/2025 | 06/19/2027 | MAB #50681 | |
| MT | CE | 3 | 3 | Synchronous | Synchronous | 05/14/2025 | 05/14/2028 | REA-CEC-REC-19312 | |
| NC | CE | 3 | 3 | Synchronous | Synchronous | 05/27/2025 | 12/31/2025 | 4746 | |
| NE | CE | 3 | 3 | Synchronous | Synchronous | 07/16/2025 | 07/16/2030 | 2253446.02 | |
| NH | CE | 3 | 3 | Synchronous | Synchronous | 06/13/2025 | 06/13/2027 | ||
| NJ | CE | 3 | 3 | Synchronous | Synchronous | 05/21/2025 | 2025-3011 | ||
| NV | CE | 3 | 3 | Synchronous | Synchronous | 06/30/2025 | 06/30/2026 | CE.0009927-A | |
| OH | CE | 3 | 3 | Synchronous | Synchronous | 05/16/2025 | 12/31/2025 | 084505505A 25 | |
| OK | CE | 3 | 3 | Synchronous | Synchronous | 07/11/2025 | 06/06/2028 | 764 | |
| OR | CE | 3 | 3 | Synchronous | Synchronous | 04/30/2025 | 04/30/2028 | APIN-C-0425-9042 | |
| PA | CE | 3 | 3 | Synchronous | Synchronous | 05/15/2025 | 05/15/2028 | ||
| TN | CE | 3 | 3 | Synchronous | Synchronous | 05/02/2025 | 07/31/2027 | 2915 | |
| TX | CE | 52701 | 3 | Synchronous | Synchronous | 05/30/2025 | 05/31/2027 | 52701 | |
| UT | CE | 3 | 3 | Synchronous | Synchronous | 06/11/2025 | 06/30/2027 | AC250631 | |
| VT | CE | 3 | 3 | Synchronous | Synchronous | 05/28/2025 | 05/28/2029 | CA-293784 | |
| WV | CE | 3 | 3 | Synchronous | Synchronous | 06/11/2025 | 05/28/2028 | ||
| WY | CE | 3 | 3 | Synchronous | Synchronous | 07/16/2025 | 07/16/2028 |
Course Objectives
After completing the program, participants will be able to:
- Illustrate the completion of the sales comparison approach in the URAR.
- Identify the proper sequence of adjustments and the typical elements of comparison in the sales comparison approach.
- Explain and demonstrate the comparable selection.
- List the methods for supporting adjustments and opinions.
- Understand how to provide a meaningful reconciliation of various accepted methods and techniques to support an adjustment.
- Apply and explain the comparable weighting.
Course Details
Program Overview:
Program Outline
Part 1: Overview of the Sales Comparison Approach in the New URAR
- Overview of Data Fields
- Identifying Comparable Sales
- Elements of Comparison
- Methods and Techniques to Support Adjustments
- Adjustments to Comparables
Part 2: Case Study 1: Single-Unit Property
- Market Concessions
- Market Conditions Adjustment
- Site Size Adjustment
- Gross Living Area Adjustment
- Vehicle Storage Adjustment
- Solar Photovoltaic (PV) Adjustment
- Pool Adjustment
- Value Indications
Part 3: Case Study 2: Single-Unit Property with Limited Data
- Energy Efficiency Guidelines and Support
- Reconciliation of the Methods
Assignments:
None.
Equipment:
None.
Requirements:
Important Preclass Download Assignment: For the best learning experience, it is imperative that you download the materials prior to class and come prepared to take notes. You can either print the handbook or bring a laptop with materials saved where they are ready to be accessed.
Reporting Market Analysis and Better Understanding the New URAR is fast-paced, and class time will not be spent waiting for students who did not download materials prior to class. The electronic files may be obtained by logging 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 selecting “My AI Account” from the drop-down menu).
Prerequisites
The following program is highly suggested but not required: The Appraiser’s Guide to the New URAR.
Pricing Options
| Rate |
|---|
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Utah Chapter | August 1, 2025 | Salt Lake City, UT | Classroom | View Details | Register |
| Appraisal Institute | August 14, 2025 | Paradise, NV | Classroom | View Details | Register |
Event Information
| The class will be held Virtual by Zoom. You must have a web-camera and microphone available for use. Registration will begin at 1:15pm (MT) Class will begin at 1:30pm (MT) Class will end at 4:30pm (MT) |