Instructor: Stacey Anfindsen

The national, state and local housing markets have seen increasing prices for the majority of years that many practitioners have been in business. The past 12 months has seen house prices fall in numerous segments of this market. Falling markets require a level of analysis not necessary during increasing markets. The goal of this course is to sharpen the pricing skills of practitioners via the following; Identify the reasons for the existence of agents/appraisers, explain the Appraisal Process, explain the steps in the Sales Comparison Approach to Value, critique the various sources of public and private data available to practitioners and the general public, determine trends when analyzing data and integrate the above steps, outputs and trends to determine the correct price for a given house

 

Instructor: Stacey Anfindsen

Many appraisers learned their skills by filling out the URAR appraisal form under Fannie and Freddie guidelines. This type of education produces a skill set that focuses on historic data and does not produce true market analysis. Those who practice relocation appraisal are forced to examine other aspects of the residential market in addition to historic data. Unstable residential markets require a level of analysis and skill sets not necessary during increasing markets. The goal of this course is to reinforce the Appraisal Process, instruct attendees on different methods of market analysis and concepts/definitions within the relocation appraisal process. Two case studies are provided and the majority of class time is spent online gathering and analyzing data from various sources.