AR116-WEB - Appraisal Review Report Writing Guide

Registration

Please see the "Upcoming Classes" tab for class offerings and registration information.

Webinar Course Description

This webinar will review the ARM report writing guide. The guide was originally designed to help students of ARM204 in writing a USPAP compliant appraisal review report. However, the guide can be used by any reviewer to ensure that they have met the USPAP appraisal review standards.

Course Audience

Any appraiser curious about how their reports may be reviewed, and any reviewers interested in another appraisal review tool.

Instructor Information

Jack Young, ASA | President | NorCal Valuation

During the S&L crisis of the late 1980s, on the day that the US congress authorized the Uniform Standards of Professional Appraisal Practice (USPAP), Jack was auditing a failed California S&L, surrounded by stacks and file cabinets full of appraisals that were nearly impossible to make sense of. Over the years, as he continued to review loan files at financial institutions, he experienced first hand how appraisals became more comparable and standardized under USPAP.

Today USPAP is an integral part of the appraisal industry in which Jack works and serves. He is a past president of the northern California chapter of the American Society of Appraisers, serves on the chair of the ASA committee for international appraisal review and management, and appraises equipment and machinery throughout California. He also wrote and continues to teach the appraisal review and management accreditation classes currently being offered by the ASA.

Agenda

There is no available agenda for this course.

Learning Outcomes

Upon completion of this course,students will be able to:

• Analyze the scope of work for and appraisal review and determine how it is different from a standard appraisal;
• Decipher the difference between USPAP standards 3-3A and 3-3B which focus on the analysis and reporting respectively;
• Examine the issues that arise when an appraisal review includes an opinion of value; and
• Investigate how the competency rule affects the reviewer.