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    Supporting Adjustments and Reporting the Sales Comparison Approach in the New URAR

    More Info Register
    August 1, 2025 Salt Lake City, UT
    Date
    August 1, 2025
    Time
    1:30PM - 4:30PM (MST)
    Sponsor
    Utah Chapter
    Location
    Security National Building
    433 Ascension Way
    Salt Lake City, UT 84123
    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.
    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 Classroom Classroom 07/10/2025 09/30/2026 C03127
    AR CE 3 3 Classroom Classroom 05/16/2025 05/16/2027 AI125
    CA CE 3 3 Classroom Classroom 05/21/2025 05/20/2029 25CP754601609
    CO CE 3 3 Classroom Classroom 04/30/2025 04/30/2028 2905
    CT CE 3 3 Classroom Classroom 05/14/2025 05/14/2028 AAL.001413
    GA CE 3 3 Classroom Classroom 06/02/2025 78692
    IA CE 3 3 Classroom Classroom 05/02/2025 05/02/2027 A518-2335
    IL CE 3 3 Classroom Classroom 05/27/2025 12/31/2026 575.010822
    KS CE 3 3 Classroom Classroom 06/03/2025 12/31/2025 649.C25.N
    KY CE 3 3 Classroom Classroom 05/23/2025 06/30/2026
    MA CE 3 3 Classroom Classroom 05/09/2025 05/08/2028 00120209
    MI CE 3 3 Classroom Classroom 04/29/2025 04/29/2028 20 - 1300340
    MN CE 3 3 Classroom Classroom 07/28/2025 07/31/2027 1039103
    MS CE 3 3 Classroom Classroom 06/19/2025 06/19/2027 MAB #50681
    MT CE 3 3 Classroom Classroom 05/14/2025 05/14/2028 REA-CEC-REC-19312
    NC CE 3 3 Classroom Classroom 05/27/2025 12/31/2025 4746
    NE CE 3 3 Classroom Classroom 07/16/2025 07/16/2030 2251445.02
    NH CE 3 3 Classroom Classroom 06/13/2025 06/13/2027
    NJ CE 3 3 Classroom Classroom 05/21/2025 2025-3011
    NV CE 3 3 Classroom Classroom 06/30/2025 06/30/2026 CE.0009927-A
    OH CE 3 3 Classroom Classroom 05/16/2025 12/31/2025 084505505A 25
    OK CE 3 3 Classroom Classroom 07/11/2025 06/06/2028 764
    OR CE 3 3 Classroom Classroom 04/30/2025 04/30/2028 APIN-C-0425-9042
    PA CE 3 3 Classroom Classroom 05/15/2025 05/15/2028
    TN CE 3 3 Classroom Classroom 05/02/2025 07/31/2027 2915
    TX CE 3 3 Classroom Classroom 05/30/2025 05/31/2027 52701
    UT CE 3 3 Classroom Classroom 06/11/2025 06/30/2027 AC250631
    VT CE 3 3 Classroom Classroom 05/28/2025 05/28/2029 CA-293784
    WA CE 4 4 Classroom Classroom 06/02/2025 06/02/2028 A25017150
    WV CE 3 3 Classroom Classroom 06/11/2025 05/28/2028
    WY CE 3 3 Classroom Classroom 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 Full Price AI Price
    Standard
    07/11/2025 thru 08/01/2025
    $85.00 (no longer available) $75.00 (no longer available)
    Additional Course Offerings
    Sponsor Date Location Format
    Utah Chapter August 1, 2025 Synchronous View Details Register
    Appraisal Institute August 14, 2025 Paradise, NV Classroom View Details Register
    Event Information
    The class will be held IN-PERSON at the Security National Building, 433 Ascension Way, Salt Lake City, Utah.
    Registration will begin at 1:00pm (MT)
    Class will begin at 1:30pm (MT)
    Class will end at 4:30pm (MT)