8:30 a.m. - 4:30 p.m.
Appraiser CE: "Transforming the Sales Comparison Approach"
Instructor: Josh Walitt
Markets constantly change, with continued scrutiny on appraisers’ work. Now more than ever, strengthening your sales comparison approach is critical to preserve public trust — through understanding the
market, analyzing comparable sales, reporting conclusions, and using consistent and data-based methods.
Designed for residential appraisers of all experience levels, this course is broken into units that mirror an appraiser’s work process, beginning with a review of the basics, then moving to the market
and subject property, then to the comparable sales, and finally to the adjustments and narrative support summary. Industry guidance documents are referenced throughout the course, including USPAP,
Valuation Advisories, Frequently Asked Questions, and the Fannie Mae Selling Guide. With each document, the key points are extracted, discussed and applied to appraisal work.
Specifically, this course will touch on the following topics:
- Multiple areas of the sales comparison approach
- Various techniques for deriving adjustments
- Distressed sales and other nontypical transactions
- Communicating market analysis conclusions to the client
- And much more
A note from the instructor: "We all know there is increased scrutiny on appraisals right now. Take this time to sharpen your sales comparison approach to ensure a consistent process and transparent
reporting. This class is not a review but looks at the sales comparison in a new light."
This course is approved for 7 hours of Wisconsin appraiser CE credit.