Course Information
           
 
 Class Schedule                            General Information                            Continuing Education Credits                            Contact Us 


 

Course:

Valuation by Comparison: Residential Analysis & Logic

SAP Course Number:

78TECH401166

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Course can be found when searching
"By Topic" under these categories:

Right-of-Way/Acquisition/Appraisal



Class Schedule


No Offerings Are Currently Scheduled









General Information

Summary:
This training is intended for an audience of real estate appraisers. Real estate markets and residential appraisal requirements have changed significantly due to market volatility and increased oversight, which has left residential appraisers searching for new strategies to handle their appraisal assignments. This seminar revisits valuation fundamentals and illustrates why you need data collection and analytical skills more than ever. The seminar uses and is based on the 2018 updated 2nd edition of Valuation by Comparison. You’ll learn why clients need an appraisal, why you must have appropriate market data, and why it is imperative that you know your market. You’ll discover how to find the information you need in markets where data is scarce, inconsistent, or misleading. And you’ll explore techniques to accurately interpret and then anticipate the actions of buyers and sellers in today’s market. Whether you are an experienced appraiser or

Learning Outcomes:
• Identify factors that affect property prices.
• Select the best tools for market analysis of residential properties.
• Recognize consistency issues in residential appraisals.
• Recognize common search errors and some search tools for use in the future.
• Recognize how the back stories of comparable sales impact sale prices and value opinions in appraisals.
• Understand the logic of sales comparison analysis and the methods for supporting adjustments.
• Recognize and describe the commonly used sales comparison spreadsheets and their logic.
• Extract and apply the rates of adjustment for sales comparison analysis.

Teaching Method:
Virtual Classroom Training

Final Exam:
No



Continuing Education Credits


Miscellaneous
CEHs
Classes
After
 
CEUs
Classes
After
 
PDHs
Classes
After
 
Continuing Legal Education:
7.50
12/09/21
 

Awarding continuing education credits (PDH/CEU/CEH) to a training course or other training event does not imply or guarantee that the training course/event is approved by the Pennsylvania State Registration Board of Professional Engineers, Geologists and Land Surveyors.

According to Pennsylvania Act 25, “Credit determination for activities…shall be the responsibility of the licensee.  Continuing professional competency obtained by a licensee should maintain, improve or expand skills or knowledge obtained prior to initial licensure, including law and ethics applicable to the profession, or develop new and relevant skills and knowledge.”

For informational purposes only:1 CEU is equal to 10 hours of instruction
1 CEH is equal to 1 hour of instruction



Course Contact Information

                    For technical questions regarding this course, contact the following...
Name:
Kimberly Rice
Phone:
(717) 783-4722
Email:
RA-PDHighAdminTrain@pa.gov

                    For general questions about the Training Calendar (such as those regarding schedules,
                    locations, instructors or registrations), see Contact Information in specific classes.

 
Created
Last Modified
By Rhiannan Nearhood/PennDOT
On 12/09/21 At 11:41 AM
By Rhiannan Nearhood/PennDOT
On 09/07/23 At 08:41 AM