Review Case Studies-Residential applies the review process to practical problems that residential reviewers face every day. In Review Theory-Residential, participants learned about developing review opinions of completeness, accuracy, adequacy, relevance, reasonableness, appropriateness, and credibility specific to another appraiser’s work, including reasons for disagreement. This course puts the theory into practice through realistic problems, work applications, group discussions, and an extended case study. Come prepared to be challenged. This course will be beneficial for reviewers, appraisers, and other real estate professionals who regularly work with appraisals and reviews.
Please note Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Review Theory-Residential and Review Case Studies-Residential. All others will pay the Full Price.
Upon completion of this course, participants should be able to:
• Apply the steps of the review process to a residential appraisal report
• Evaluate and analyze key sections of the Uniform Residential Appraisal Report (URAR) through work-life review applications
• Effectively develop and communicate opinions of completeness, accuracy, adequacy, relevance, reasonableness, appropriateness, credibility, and reasons for disagreement
• Evaluate appraisal errors to distinguish whether they are trivial or material from a review perspective
Review Case Studies - Residential builds on the concepts presented in Review Theory - Residential, a required course in the Appraisal Institute's Residential Review Designation program (AI-RRS - Appraisal Institute Residential Review Specialist). For more information regarding the requirements for the review designation, please click here.
Current issue of USPAP
• Review Theory and Procedures: A Systematic Approach to Review in Real Property Valuation