Helping Agents provide better BPO's/CMA's and appraisers with more accurate values.

This class every agent and appraiser needs to know.

The appraisal process is supposed to reflect reality - the reaction of buyers and sellers in the market place. Appraisers typically utilize three approaches to value. The appraisal process usually requires the appraiser to apply "market adjustments" when determining market value. The adjustments used throughout the appraisal are not the appraisers opinion, but must be based upon the market’s response. This class will explain the various methods for determining or measuring the market’s response to a component and the processes available to the appraiser when creating an appraisal.

As a result of taking this class, agents and appraiser will have an understanding of:

• How to determine adjustments
• What does and does not impact value
• How agents can produce better more accurate CMA's
• How the appraisal process works - opinions are not enough

This class has been approved for Continuing Education (CE) credits for AGENTS only.
(3 Hours)