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Review Theory - General

EMAIL   Date: September 18 - 22, 2017   Location: Columbus, OH
 
  Course  
Category  General [Gen]  
Attendance Hours  30.0  
Exam Hours  3.0  
Current Price  $ 800.00 AI Price  
$ 1,100.00 Full Price  
 
  Instructor  
Stephen F. Fanning, MAI, AI-GRS  
    
 
  Location  
Name  Sheraton 4 Points  
Rep  Dani Moore  
Address  8505 Pulsar Place  
City  Columbus  
State  OH  
Zip  43240  
Phone  (614) 844-5888  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Ohio
Website  www.aiohio.org  
Contact Name  Nancy Linton-Hall  
Address  122 W. Murphy St.  
   Suite 3  
City  Madison  
State  NC  
Zip  27025  
Email  nancy@aiohio.org  
Phone  (336) 297-9511  
Fax  (336) 297-9055  
 
  Description  

Review Theory—General is the fundamental review course that all reviewers should have in their education background. It is a required course for individuals pursuing the Appraisal Institute General Review Designation.* Participants embark on an in-depth journey of the seven steps that are outlined through the review process, which is at the core of this course. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness in order to develop opinions of appropriateness and credibility. By taking this course, participants may gain invaluable confidence on the fundamentals of review.

Please note: Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Review Theory-General and Review Case Studies-General. All others will receive the Full Price.

Upon completion of the course, participants should be able to:
• Define review
• Distinguish between appraisal and review
• Evaluate the necessary knowledge and skills required to complete reviews
• Distinguish between trivial and material errors
• Identify types of review assignments and the process employed in the reviewer’s scope of work
• Recognize regulatory compliance issues for review appraisers
• Identify the steps necessary to effectively communicate the review

The Review Theory—General course is required for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS – Appraisal Institute General Review Specialist). For more information regarding the requirements for the review designation, please click here.

If you are currently designated, click here for more information on the alternative path.

If you are currently a candidate for designation, or wish to become a candidate, click here for the specific designation requirements.


Required Texts
• Current edition of USPAP
• Current edition of Standards of Valuation Practice

Recommended Texts
The Dictionary of Real Estate Appraisal, 6th ed.
The Appraisal of Real Estate, 14th ed.
Appraising the Appraisal: The Art of Appraisal Review, 2nd ed.
Capitalization Theory and Techniques Study Guide
Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use
Subdivision Valuation
Scope of Work, 2nd ed.
Review Theory and Procedures: A Systematic Approach to Review in Real Property Valuation

Downloads
Table of Contents and Overview (PDF)
Schedule (PDF)
 
  Audience  
• General Certified Appraisers

• Attorneys

• Accountants

• Government agency members

• Users of appraisal services
 
  Equipment  
• Laptop. This course includes writing exercises. Each participant will need his or her own laptop with word processing software.
• A financial calculator is required. The accepted model used in the course is the HP-12C. Note. Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
• You must be familiar with basic calculator operations when the course begins. Answers to problems in the course material are shown using the HP-12C.
• Free Review: Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems and Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar, Using Your HP-12C Financial Calculator.
 
  Prerequisites  
None. However, please note that this course was written for appraisers at the General Certified level.

Participants must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, $50.00 cancellation fee.
  • 7 - 14 days prior to program start date, $150.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
       
Special Note
Enrollment is on a first-come, first-served basis. The Ohio Chapter reserves the right to cancel this course if the minimum enrollment level is not reached. The chapter recommends that students reserve their hotel room directly with the hotel where the courses are being held and not with a third-party reservation service. In the case of a cancellation, by booking directly with the recommended hotel you may typically cancel your hotel room within 24+ hours of the reservation with no cancellation fee. Students are responsible for their own hotel and airline fees in the event of a cancellation.

Attendance requirements mandated by the state of Ohio will be strictly enforced. Certificates will be issued to those in attendance for 100% of the course hours or better. If you have a disability and may require some accommodation, please notify us in writing at least 2 weeks in advance and we will arrange for reasonable accommodation.

Program materials can be downloaded by the student or can be shipped directly to the student. If you choose to have the material shipped and do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.


Program materials can be downloaded by the student.
 
  Additional Information  
Course Materials
Materials will be available via download only.
Please do not forget to download to an e-device or print and to bring them with you to class!!

Course Classroom Schedule
Registration: 9/18/17: 8 a.m. -- 8:30 a.m.
Class: 9/18-9/21/17 : 8:30 a.m. -- 5 p.m
Exam: 9/22/17: 8:30 a.m. -- 11:30 a.m.

Required Equipment
Laptop with Spreadsheet Program: Excel 2007 or greater on it; others are OK, but not supported;
External mouse highly recommended;
Financial calculator

Hours
33 Hours (30 Hrs: Classroom; 3 Hr Exam)

CE Credit Approvals
Appraisal Institute: Attend Only: 275 Points; :Attend and Pass: 375 Points; Pass Exam Only: 100 Points
OH Appraisal Board: General Certification Credit and 33 hours of CE
OH Real Estate CE: 28 Hours

Attendance Policy
The Appraisal Institute, AQB, and OHLB require full attendance (100%) at the course. If the attendance roster reflects less than 100%, it could/will show up on the roster submission to the states.

Tuition Includes
Course materials and breaks

Course Location/Lodging Information
Four Points by Sheraton Polaris, 8505 Pulsar Place, Columbus, OH 43240; T 614-844-5888
OH Appraisal Institute Group Rate $109++ per night, includes a Full American Breakfast, a $12 value.


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