AR208-000 - Appraisal Review Report Writing Workshop
Category: Appraisal Review & Management
Continuing Education: 16.8
Registration
Please see the "Upcoming Classes" tab for class offerings and registration information.
Course Description
Have you taken
ARM201 and ARM204 and not yet submitted your demonstration report for
advancement? Do you have a working knowledge of USPAP Standard 3 and
would like some new ideas to improve upon your appraisal review reports? ASA has the program for
you!
ARM208 is a hands-on appraisal review report writing
workshop. Students will bring appraisal reports to class (typically not their own) that will
become the work under review for their demonstration report. The relevant topics
covered in ARM 201 and ARM 204 will be discussed in great detail
while students critically analyze the reports under review and begin to prepare
their own demonstration report. Students will share their findings and their arguments
in support of their findings and they will learn to write in an objective way
that does not leave the reviewer open to allegations of defamation.
This class provides on-going, rich and valuable dialogue among appraisers. Students
will find great value in the peer discussions coverging scope of work, ethics, competency,
and logic as well as the use of the IRAC/CRAC paradigm. By the end
of the class, each student will have the practical and applicable knowledge of
appraisal review report writing, including most of the components needed to
assemble their demonstration report for submission for advancement.
Instructional Methods
This workshop will be taught in a dialogue education style that honors the knowledge
and experience of the attendees, and incorporates their professional
contributions into the curriculum. Students enthusiastically report that
dialogue with other appraisers in the ARM classes has resulted in some of the
best appraisal education that they've ever received.
Course Audience
This is a 2-day workshop with no exam. Students should already have
taken and have good knowledge of the topics covered in ARM 201 and ARM 204;
however, others are welcome providing they have a good working knowledge of
USPAP and Standard 3. Please note, this is NOT an ARM Principles of
Valuation (POV) class.
No prerequisites for this course.
Agenda
Day 1
- Review USPAP Standard 3: Appraisal Review
- Review the Most Common Appraisal Report Errors
- Review Due Care, Negligence and Defamation
- Review Logical Arguments
- Typical ARM report layout
- Review the IRAC / CRAC Review Paradigm
Day2
- Compliance with the USPAP Scope of Work Rule
- Compliance with the USPAP Ethics Rule
- Compliance with the USPAP Competency Rule
- Compliance with Relevant USPAP Standards and Industry Practices
- Identify Issues of Due Care
Learning Outcomes
Upon completion of this course, students will:
- Gain practical and applicable knowledge of
appraisal review report writing
- Understand the components needed to assemble their demonstration
report for submission for advancement.