When:
April 5, 2023 @ 8:30 am – 4:30 pm
2023-04-05T08:30:00-04:00
2023-04-05T16:30:00-04:00
Where:
Greater Capital Area Association of Relators
Diamondback Dr
Maryland
USA
Diamondback Dr
Maryland
USA
Cost:
$185 Member, $205 Non-members
Contact:
This is one of the newest and hottest seminars from the Appraisal Institute and it is being taught by one of the seminar developers, Rick Carlile!
Seminar for commercial appraisers!
Appraisals or reviews of the most experienced appraisers can have inconsistencies in data, analysis, and reporting. This fast-paced and thought-provoking seminar focuses on significant inconsistencies that can have a major impact on the credibility of the appraiser as well as the value opinion. It will bring to light inconsistencies that can affect any part of the appraisal process including the definition of market value, highest and best use, the three approaches, functional and external obsolescence, and reconciliation. Eye-opening discussions and practical problems (including ag problems) will keep you interested and engaged throughout the day.
Objectives
- Recognize inconsistencies with the definition of market value and the need to stay consistent with the type of value opinion developed.
- Understand how the highest and best use decision drives the remainder of the appraisal process and how to stay consistent with highest and best use.
- Realize the need for consistency within and between the three approaches to value.
- Determine what constitutes functional and external obsolescence and how to maintain consistency with both in all three approaches.
- Complete a thorough, meaningful, and consistent reconciliation.