Advanced Residential Report Writing / Part 2

Instructor: Mark Smeltzer, MAI, SRA, AI-RRS

Mixed group in business meeting

May 4-5, Sunday OFF, May 7-8

This four-day course meets AQB criteria. In Part 2 of a two-course package, you will be provided with the tools to write sections of a narrative report. You will complete eight writing assignments based on sections of a narrative appraisal report for the case study property you analyzed in Part 1. Successful completion of this course should increase your ability to 1) apply a wide range of appraisal procedures to solve complex appraisal problems and 2) use a narrative reporting format with confidence to explain and support your conclusions convincingly. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as an appraisal subject matter elective. Individuals who are seeking the Appraisal Institute SRA designation can take this course and Advanced Residential Applications and Case Studies/Part 1 as an alternative to the Residential Demonstration Report requirement.

Important Notes:
• If you wish to become a State Certified Residential Appraiser, Advanced Residential Report Writing/Part 2 is approved for 30 hours in the appraisal subject matter elective category. Review the courses for which you have received credit to determine whether this course is necessary for you to meet your education requirements.
• You must not register for this course unless you have registered for Part 1. Attendance at this course is not permitted if you do not take Parts 1 and 2 consecutively at the same location.
• Course materials will be mailed to you before class begins and will be accompanied by a memo explaining the preparations that you should make before coming to class. Be sure to register at least 2 weeks before the course starting date so that you can receive your materials and begin the required preparations.
• For this course, case study solutions are not distributed at the end of class.

Please CLICK HERE to download the REQUIRED files BEFORE the course begins for important tips and tools.

Program Overview
• Table of Contents and Overview (PDF)
• Course Schedule (PDF)

Recommended Text
• The Appraisal Writing Handbook
• Appraising Residential Properties, 4th ed.
• The Appraisal of Real Estate, 14th ed.
• The Dictionary of Real Estate Appraisal, 6th ed.

Ordering Information
To order books and other materials go to
Appraisal Institute store.

Required
• A financial calculator is required. The accepted model used in the course is the HP-12C. Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
• Laptop
• Flash Drive
• Software: Word & Excel OR form software with AI Reports® Form 100, Summary Appraisal Report • Residential, installed OR other word processor and spreadsheet AND Adobe software for converting files to PDF
• Students may not use the URAR form to submit the writing assignments for this course.

AI CE Credit for Designated Members and Practicing Affiliates
• Attend Only = 275 points (residential) or 200 points (general)
• Attend and Pass = 375 points (residential) or 250 points (general)

Prerequisites
Required:
• Proficiency in Word OR Word Perfect AND Excel or similar spreadsheet software
• Basic Appraisal Principles
• Basic Appraisal Procedures
• National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
• Residential Market Analysis and Highest & Best Use
• Residential Site Valuation and Cost Approach
• Residential Sales Comparison and Income Approaches
• Residential Report Writing and Case Studies
• Real Estate Finance, Statistics, and Valuation Modeling
• Advanced Residential Applications and Case Studies/Part 1

Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

Who Should Enroll
Appraisers seeking residential certification with experience and understanding of the fundamental concepts of appraising

Location
Residence Inn
1025 E 35th Ave
Anchorage, AK 99508

Schedule
Registration: 8:00 AM – 8:30 AM
Class: 8:30 AM – 4:30 PM

Register
If you need to pay by check or are a government employee and will need an invoice or other considerations, contact the chapter office at (206) 622-8425.

Tuition
$600.00 Appraisal Institute Member
$700.00 Non-member
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