2024 Val Expo Day 2

Course overview

In today's rapidly evolving appraisal landscape, residential appraisers have a variety of career paths and specializations available to them. This course will explore these options and delve into the specialized areas of appraising, including eminent domain, and the concept of highest and best use. One key focus of this course will be the analysis of technology and tools that can aid in the selection of comparable properties (comps), with a practical application for appraisers. Understanding how to leverage these tools effectively can greatly enhance the accuracy and efficiency of the appraisal process. We will also examine how the appraisal report plays a crucial role in promoting public trust in the industry. Additionally, we will explore how issues related to diversity can undermine this trust and strategies to address them. Adjustments are a critical aspect of the appraisal process, and this course will provide insights into how to make sustainable adjustments that support your opinion of value. By the end of this course, appraisers will have gained practical knowledge that can be applied in their daily practice, ultimately increasing reliability, competency, and the quality of their end product. The ultimate goal is to provide valuable knowledge that aligns with the key stakeholders' objectives related to housing finance.