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    Thinking Outside the Form: Tools, Techniques, and Opportunities for Residential Appraising

    Register
    On Demand
    Date
    On Demand
    Sponsor
    Appraisal Institute
    Location
    On-Demand Online Education
    Instructor
    Alan F. Simmons, SRPA
    Mark R. Freitag, SRA
    Class Time
    4 hours
    Full Price
    $95.00
    AI Price
    $80.00
    Course Description
    Almost everyone is familiar with the now worn-out phrase, “thinking outside the box.” It is an attempt to encourage people to be creative by moving beyond the simple and the routine. This seminar coins a new, similar phrase for residential real estate appraisers: “thinking outside the form.” Designed with a three-fold purpose: to review appraisal standards required for appraisal reporting; to provide practical ways to supplement residential report forms with techniques and examples that improve compliance with appraisal standards and produce meaningful and understandable reports; and to suggest and promote alternatives to mortgage appraisal assignments and encourage residential appraisers to search for new appraisal products and business opportunities.

    Who Should Enroll
    Residential real property appraisers
    AI CE Points
    Attend:
    20
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 4 4 Online Online 07/08/2021 07/08/2024 16621
    AK CE 4 4 Online Online 07/09/2024 03/16/2027 19947
    AL CE 4 4 Online Online 02/02/2023 09/30/2024 CO2812
    AR CE 4 4 Online Online 04/25/2024 07/10/2025 AI093
    AZ CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    CA CE 4 4 Online Online 06/02/2019 08/27/2027 23CP754601550
    CO CE 4 4 Online Online 04/25/2024 04/24/2027
    CT CE 4 4 Online Online 04/25/2024 04/10/2027 AAL.001219
    DE CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    GA CE 4 4 Online Online 04/25/2024 04/24/2027 77568
    HI CE 4 4 Online Online 01/01/2024 12/31/2024 23-362
    ID CE 4 4 Online Online 04/25/2024 04/27/2027
    IL CE 4 4 Online Online 01/01/2023 12/31/2024 575.002020
    IN CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    KS CE 4 4 Online Online 01/01/2024 12/31/2024 250.C24.R
    KY CE 4 4 Online Online 07/01/2023 06/30/2024
    KY CE 4 4 Online Online 07/01/2024 05/30/2025
    LA CE 4 4 Online Online 04/25/2024 03/16/2027 A0254
    MA CE 4 4 Online Online 04/25/2024 03/16/2027 10051275
    MD CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    ME CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    MI CE 4 4 Online Online 05/29/2024 05/29/2027 20-1212776
    MO CE 4 4 Online Online 04/25/2024 04/24/2027
    MS CE 4 4 Online Online 04/25/2024 04/24/2026 MAB #49776
    MT CE 4 4 Online Online 04/23/2024 03/16/2027 REA-CEC-REC-17968
    NC CE 4 4 Online Online 01/01/2024 12/31/2024 4009
    ND CE 4 4 Online Online 04/25/2024 03/16/2027 CE-222026
    NE CE 4 4 Online Online 01/26/2021 01/20/2026 2212402.02
    NJ CE 4 4 Online Online 04/25/2024 03/16/2027 2024-3013
    NM CE 4 4 Online Online 04/25/2024 03/16/2027 4405
    NV CE 4 4 Online Online 06/01/2021 08/31/2024 CE.0009782-A
    OH CE 4 4 Online Online 01/01/2024 12/31/2024 923400503A 22
    OK CE 4 4 Online Online 04/25/2024 03/16/2027 987
    OR CE 4 4 Online Online 04/25/2024 03/16/2027 APIN-C-0324-9025
    PA CE 4 4 Online Online 04/25/2024 03/16/2027
    PR CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    RI CE 4 4 Online Online 04/25/2024 03/16/2027 REA.0002174-CE
    SC CE 4 4 Online Online 09/01/2022 08/31/2024 DE 1499
    SD CE 4 4 Online Online 06/21/2021 08/14/2026 SD 1599 CE
    TN CE 4 4 Online Online 07/01/2023 06/30/2025 1860
    TX CE 4 4 Online Online 04/25/2024 05/31/2026 TX Provider #:10 Course #: 47766
    UT CE 4 4 Online Online 07/01/2023 06/30/2025 AC230613
    VA CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    VT CE 4 4 Online Online 04/10/2024 04/10/2028 CA-232767
    WA CE 4 4 Online Online 04/25/2024 04/24/2027 A23024065
    WI CE 4 4 Online Online 04/25/2024 03/16/2027 88588
    WV CE 4 4 Online Online 04/25/2024 03/16/2027
    WY CE 4 4 Online Online 05/15/2024 04/24/2027 31
    Course Objectives
    • Prioritize and apply pertinent parts of the Uniform Standards for Professional Appraisal Practice that govern effective appraisal communication.
    • Discern the meaning of terms such as summarize, analyze, and meaningful, as they relate to professional appraisal standards.
    • Perform and report a higher level of market analysis than is typically required by preprinted residential appraisal report forms.
    • Recognize the value of spreadsheets, charts, and graphs in supporting assignment conclusions.
    • Write an effective highest and best use summary.
    • Identify and apply six critical tests for appropriate selection of comparable sales in the sales comparison approach.
    • Provide real-world solutions to appraisal problems regarding comparable selection.
    • Recognize the advantages of qualitative sales comparison analysis and use qualitative techniques to provide credible assignment results when data for quantitative analysis is limited.
    • Support adjustments in the sales comparison approach using tools, techniques, and methods derived from market analysis.
    • Improve on the development and reporting of the cost and income capitalization approaches in residential appraisal assignments.
    • Benefit from using the restricted appraisal report format in non-mortgage residential appraisal assignments.
    • Recognize the process of reconciliation as one of the most useful tools available to the appraiser for analyzing, summarizing, and supporting conclusions in the appraisal report.
    Course Details

    Program Overview:
    Online Syllabus

    Assignments:

    Yes. Participants must complete mandatory assignments in this program. Please plan your time accordingly and allow up to 5 days for the instructor to review your assignments. The instructor may ask for a re-submission of incomplete assignments. You may advance through the program while you are waiting for your instructor to review your work. You may also contact the instructor to request expedited review.

    Equipment:
    None specified

    Additional Information:

    Online Course Access
    Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
    1. Click "Education and Events" on the right navigation menu.
    2. Find the course under the “Online Courses” heading and click the “Begin” button.
    IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

    Other Details
    For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.

    Requirements:

    Online Education FAQ

    Course Materials & Recommended Books
     None specified
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 12/31/2050
    $95.00 $80.00