Sep
10
Mon
2018
General Appraiser Report Writing and Case Studies
Sep 10 @ 8:00 am – Sep 13 @ 5:00 pm

Instructor: Richard C. DuBay, SRPA, SRA

Description: 

General Appraiser Report Writing & Case Studies provides instruction in effectively communicating a sound analysis of selected parts of a valuation. The course addresses USPAP requirements and the three types of writing most often used in appraisal reports: descriptive, numerical, and analytical. Lectures on writing principles, discussions of various sections of the appraisal report, and in-class writing exercises and presentations provide guidance and practice in effective communication of a valuation analysis.

Specific assignments include writing a thesis statement, summarizing data, creating effective tables, writing a conclusion, communicating highest and best use, communicating an analysis, writing a letter of transmittal, and writing a reconciliation and opinion of value. During this four-day course, participants will use data provided in case studies as the basis for writing assignments that will help them recognize and produce effective reports. A two-hour multiple-choice examination that focuses on components of good writing concludes the course.

Sep
25
Tue
2018
FHA Single Family Housing Appraisal Requirements
Sep 25 @ 8:00 am – 4:30 pm

Instructor: Byron E. Miller, SRA, AI-RRS

Description: 

Did you attend one of the early FHA update programs in 2015 that was based on drafts of the proposed changes to the 4000.1 Handbook? Are you one of the many appraisers who attended an FHA update seminar in 2015, but still have questions about the latest FHA requirements?

If you are looking for an FHA seminar that offers a thorough perspective and the most current informationFHA Appraising for Valuation Professionals: FHA Single Family Housing Appraisal Requirements is for you! This seminar will help you develop an understanding of the FHA Handbook 4000.1 and the accompanying Appraisal Report and Data Delivery Guide. These two documents provide all of FHA’s guidance and requirements when completing an appraisal for a mortgage involving FHA insurance. While many of the requirements are specific to appraisals for FHA insured mortgages, the concepts and guidance are applicable to most if not all residential appraisal assignments.

Oct
15
Mon
2018
Review Theory – General
Oct 15 @ 8:00 am – Oct 19 @ 12:30 pm

Instructor: Paul R. Gillespie, MAI, AI-GRS, AI-RRS

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.

Dec
6
Thu
2018
Ignorance Isn’t Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency
Dec 6 @ 8:30 am – 4:30 pm

Ignorance Isn’t Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency
Co-sponsored by the North Star Chapter of the Appraisal Institute
Presented by Craig Steinley, SRA, AI-RRS

Date & Time:
December 6, 2018 8:30 AM – 4:30 PM

Location:
1400 E. Interchange Ave
Bismarck, ND 58501 (MAP)

Room: TBD

Instructor: Craig Steinley, SRA, AI-RRS

CE Hours: 7

Network Provider: North Dakota Appraisers Association (NDAA) & North Star Chapter of the Appraisal Institute

To Register, Please Contact:
Debbie Ellerton
Executive Secretary, NDAA
www.ndappraisers.org
PO Box 7521
Rapid City, SD 57709
Ph: 605-484-1054

Dec
17
Mon
2018
Quantitative Analysis
Dec 17 @ 8:30 am – Dec 21 @ 5:00 pm

Instructor: Thomas W. Hamilton, PhD, MAI

Description: 

This course focuses on the practical application of quantitative tools for analyzing data, drawing appropriate conclusions from data sets, and presenting both the analysis and conclusions in ways that enhance communication with appraisal clients. It reviews and furthers the application of basic statistical measures (mean, median, mode, standard deviation, etc.) and spends a good deal of time on graphical and regression analysis.

Central goals of the course include showing participants how to understand the reliability and validity of data used to draw conclusions, providing the knowledge needed to support the conclusions others may draw from the same or similar datasets. Presentation and activities make extensive use of real-world appraisal applications and are aimed at furthering an appraiser’s ability to provide credible analysis of real property-related issues.

Jan
7
Mon
2019
General Appraiser Sales Comparison Approach
Jan 7 @ 8:30 am – Jan 10 @ 4:30 pm

Instructor: Rick L. Carlile, MAI

Description: 

General Appraiser Sales Comparison Approach is an in-depth look at this valuation analysis method. It begins with detailed discussions of property comparability, techniques used to gather and verify data for a subject property, and use of this data in selecting appropriate comparable properties and neighborhoods for analysis in the approach. The course explores ways to sort and analyze data and effectively apply certain statistical analysis tools. Quantitative and qualitative analysis of comparable sales using units and elements of comparison is approached through extensive practice problems, case studies, and lecture.

Find more information and register on the AI website.

Jan
18
Fri
2019
7-Hour National USPAP Update Course – 2018/19
Jan 18 @ 8:30 am – 4:30 pm

Instructor: Brett W. Hall, MAI, SRA

Description: 

This one-day update course, copyrighted by The Appraisal Foundation, focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. The course, which clarifies several commonly misunderstood aspects of USPAP, will aid participants in all areas of appraisal practice seeking updated competency in USPAP, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.

Find more information and register on the AI website.

Feb
4
Mon
2019
Basic Appraisal Principles
Feb 4 @ 8:30 am – Feb 7 @ 4:30 pm

Instructor: Craig M. Harrington, SRA, AI-RRS

Description: 

This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, market area analysis, highest and best use, and ethical considerations.

The course should provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue.

By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as basic appraisal principles.

If you are considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles.

Co-developed by the Appraisal Institute, ASA, and ASFMRA

Find more information and register on the AI website.

Feb
22
Fri
2019
Supervisory Appraiser/Trainee Appraiser Course
Feb 22 @ 8:30 am – 3:30 pm

Instructors: Byron E. Miller, SRA, AI-RRS, and Brett W. Hall, MAI, SRA

Description: 

This six hour Minnesota Supervisory Appraiser/Trainee Course targets all individuals who became Supervisory Appraisers or Trainee Appraisers on Jan. 1. Many MN Appraiser Supervisors were under the impression, that if they were a supervisor, or a trainee, prior to 1/1/2015; that the new law did not apply to them. Appraisers understood they would be ‘grandfathered’ into this new law. This is correct, they are, but for the original supervisor/trainee relationship they had as of January 1. HOWEVER, if a supervisor adds any NEW trainees, or if a trainee works with another licensed/certified appraiser, who was NOT their supervisor on January 1; then attending this course is a requirement for these individuals involved.

Find more information and register on the AI website.

Feb
25
Mon
2019
Basic Appraisal Procedures
Feb 25 @ 8:30 am – Feb 28 @ 5:00 pm

Instructor: Craig M. Harrington, SRA, AI-RRS

Description: 

Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process:

  • Defining the problem
  • Collecting and analyzing data
  • Reaching a final opinion of value
  • Communicating the appraisal

Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation.

The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics.

Find more information and register on the AI website.

Mar
28
Thu
2019
Review Case Studies – Residential
Mar 28 @ 8:30 am – Mar 29 @ 4:30 pm

Instructor: Craig Steinley, SRA, AI-RRS

Description: 

Review Case Studies-Residential is unlike anything you’ve experienced in other review courses. In this two-day course, you will apply the review process that you learned in Review Theory-Residential by walking through a case study that focuses on a two-stage review assignment. Day one begins with a quick refresher of review concepts. From there, you will work on an assignment that gets dropped on your desk much like it does in real life. Working in groups, as well as individually, you’ll identify and analyze the components of the case study review assignment.

For many, this will be the first opportunity to work through all seven steps of the review process and apply them within a simulated, very real-to-life assignment. Problem identification and scope of work is where the process begins and that quickly leads to the tougher analytical work where you’ll analyze the subject appraisal report and develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness (including tests of reasonableness). From there, you’ll learn to develop opinions of appropriateness and creditability to both the appraiser’s development work as well as opinions on whether the appraiser’s report is appropriate and not misleading—including the reviewer’s development of reasons for disagreement.

Day two begins with the reviewer’s development of his or own opinion of value in this two-stage review assignment. You will analyze additional field data to facilitate review decisions whether the opinion of value in the subject appraisal report is credible. From the start of the case study, you will take notes to prepare an individual review report which is submitted to the instructor (the review supervisor) before the exam.

If you’re an appraiser, reviewer, or other real estate professional who regularly works with reviews, this hands-on, application-based course is for you!

Find more information and register on the AI website.

Apr
12
Fri
2019
Valuation by Comparison: Residential Analysis and Logic
Apr 12 @ 8:30 am – 4:30 pm

Instructor: Byron E. Miller, SRA, AI-RRS

Description: 

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 newer to the profession, you’ll learn about a variety of approaches and resources that are available for gleaning indications of market value, and you’ll better understand which items require adjustment and which items can be ignored.

Find more information and register on the AI website.