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Appraiser Training Course List:
NAIFA Couses sometimes taught by us:
Other classes:
Advanced Residential Applications and Case Studies (OREA #08311009)
Presented in association with Quick Start Seminars. Focuses on complex properties that include valuing unique and high-end residential dwellings; dwellings with excess site/land that have an alternative or interim use as the highest and best use; residential properties with substantial and, sometimes unique, accessory structures and/or amenities. Uses case studies.
AQB approved for 2008 Certified Residential Requirement
15 hours Basic Education or 14 hours of Continuing Education
Advanced Reviewing Techniques (NAIFA course 4.6B; OREA 08748C002)
This is a detailed study of those tools necessary to competently review any type of residential or commercial appraisal report. It is designed for all persons involved in the mortgage loan process and legal matters including tax assessment appeal, foreclosure, matrimonial settlement, and probate. It also prepares the student for Certified Appraisal Reviewer and Certified Mortgage Appraisal Reviewer certifications.
This course includes extensive use of actual appraisal reports that are used as examples and case studies. All students are involved, hands on, in the actual review process during the class.
7 Hours Continuing Education credit.
Appraising Foreclosure Properties and Short Sales
This class focuses on foreclosure & short sale properties, including retrospective & present value assignments. Learn correct methodology for REO and non-REO analysis related to this market. Definitions of value for liquidation, disposition, duress, forced sale. Arm's length transactions. Covers specific client requirement requests. REO Scope of Work are more detailed and extensive compared to a Market Value report. Includes information on mortgage lending fraud.
7 hours Continuing Education credit.
Appraising in a Changing Marketplace (OREA #06256C105)
Requirements for mentors and trainees regarding increasing responsibilities to clients and compliance with ethics and competency. Increasing responsibilities as to Best Practices, and compliance with ethics and competency. Why graphs and charts help the appraiser.
2 hours of Continuing Education credit.
Appraising in A Declining Market
This class covers wide-ranging impacts of declining markets, including trends, impacts on prices, oversupply, housing bubble, impact of a declining economy on assessed values, and recession. Addresses San Francisco, Palm Springs, Phoenix, Los Angeles, and the Central Valley. Presents concepts of charts of indicators an appraiser may consider using in a report and graphs on the impacts of job changes, inventory levels, and mortgage loan changes.
7 hours Continuing Education credit
Appraising In California (OREA #03256C102)
Learn how to utilize MLS information and transfer it into Excel, developing graphs displaying trend lines for price changes. Includes coverage on training and continuing education and Appraiser/Client relationship and responsibilities of appraisers to clients.
Bring your laptop with Excel program installed. Criteria will be provided prior to class. Using MLS concepts for Rapattoni & Paragon. how to put graphs into your appraisals.
2 hours of Continuing Education credit.
Appraising in the Foreclosure Market
This 7-hour seminar covers various assignments associated with the foreclosure market. These assignments include pre-foreclosure appraisals, REO appraisals, and retrospective review assignments. Topics covered include types of value (market, liquidation), developing supportable adjustments, comparable sale selection, developing and supporting a cost-to-cure, appraiser safety, reporting considerations, specific client requirements, and scope of work.
7 hours Continuing Education
The Appraisal of Foreclosure Property (NAIFA course 16.2; OREA #05748C199)
Helps the appraiser understand and properly prepare for the appraisal of foreclosure properties. Primarily considers single-family and two-to four-unit residential properties. The concepts are appropriate for larger residential-use properties, not income-producing properties. There are two sections: Section I covers the management of non-performing real estate assets owned by financial institutions and discusses the probability of the increase in foreclosure properties. Section II speaks to the practical application of the appraisal process of REO properties.
A one day continuing education course (7 hours).
Basic Residential HUD Appraisal Requirements (NAIFA course 4.7; OREA #06748C199)
New for 2006 - HUD appriasal guidelines.
7 hours
Building Transferable Skill Sets
Power point presentation and discussion on impact on the appraiser.
Case Study of Doing an Actual Appraisal
Using instructor-provided property information, this class will process data, make analysis, write a report and go through the development of conclusions. The goal is to present the work flow and process of doing an entire appraisal. This is an in-class exercise, not an actual property inspection.
The class is intended for students wanting a better understanding of the process, including professional assistants, trainees and licensed appraisers. Some format filling language and clauses will be included.
Changes to USPAP (CE 06256C104)
Discussion of recent changes to the Uniform Standards of Professional Appraisal Practice (USPAP).
2 hours continuing education.
Cost Approach Using Marshall Swift Cost Manual
This course covers in detail the concepts of the Marshall Swift Cost Manual. It includes in-depth coverage of functional in the cost approach, including land values and costs for on- and off-site indicators.
Current FHA Appraisal Requirements
This seminar provides a review and update of requirements from HUD on completing FHA appraisals. Topics covered include FHA terminology, the consumer protection notice, location and property analysis, reporting protocol on the current appraisal forms and special considerations.
7 hours Continuing Education
Excel for Appraisers (OREA # 08660 C002)
Anthony Young will present information to prepare for the George Dell Stats & Graphs course. Practical application of Excel in appraising. How to use Excel in various ways to enhance your data presentation. The class includes discussion and hands-on practice. Bring your computer.
7 hours Continuing Education credit
Foundations for Multiple Regression (OREA approval pending)
This is a George Dell class. Learn this powerful analysis tool and bring your computer for lots of hands-on practice using it. The class provides a step-by-step outline for identifying the right market and rules and shows you how to use a model and market data set. Can improve your support of analysis. Prerequisite: Stats and Graphs
7 hours Continuing Education credit
FHA Appraisal Protocol Update (NAIFA course 4.7)
This course is designed to give the FHA appraiser a more thorough understanding of the new protocol issued by HUD in mortgagee letters 2005 – 24 and 2005 – 48, both of which are included in the text. Also included is the most recent update of Appendix D – the focal point of the material. Other available information includes Mortgagee Letter 2005 – 35 regarding REO properties and 2005 0-02 regarding seller concessions. It is not mandatory that the student have knowledge of FHA protocol prior to the changes effective January 1, 2006, but it may be helpful.
8 Hours
Graphing MLS and Public Record Data (OREA 08226C108)
Transferring data from MLS and public record sources into Excel for use in graphing and placing charts into your reports. Data presentation needed to support the report data.
2 hours continuing education
Income Property Appraisal (new for Fall 2006)
Overview on the appraisal of income property, concentrating on single family to four properties. The course will include all criteria on the Income Approach, including valuation of partial interests, needed to qualify for the Certified Residential and General Licenses.
Designed for licensed appraiser upgrading their license or renewing a license.
Qualifies for 15 hours Basic Education with the test, or14 hours Continuing Education without the test.
This course has been written to stimulate the professional in examining their ethics. Fraud manifests itself in many directions and can occur in various forms and to various persons or entities. The course is a compilation of timely and exhaustive research into the subject of fraud and its possible consequences within the industry. Adjudicated cases from throughout the United States are utilized in the presentation of this course, along with current pending cases. Through these cases, students will be made aware of the extraordinary time involved from the initial investigation through final adjudication.
This class covers the concepts of working with attorney clients, getting recognized as an expert witness, scope of work issues, documentation, and preparing for depositions and trial.
7 hours continuing education
Manufactured Home Guide (8 hours)
This course is designed to assist the practicing appraiser in the identification of quality from fair to good in manufactured houses. A history of the evolution of manufactured housing will be presented along with the overall basic construction of manufactured houses from the 1960's to current construction techniques.
The course is designed to enhance the appraiser's knowledge of current lending guidelines established by Fannie Mae, HUD and Freddie Mac in the valuation of manufactured housing.
An overview of the forms utilized in the appraisal of manufactured housing will be presented along with current the newly adopted 1004- C (2005). Included within the appendix of the text is the complete Fannie Mae Announcement 03/06 .
Market Analysis & Highest and Best Use
This class covers educational requirements that commenced 1/1/2008 from AQB requirements. It covers various forms of value definitions; value principles; determination of market value; and use of market analysis. We also discuss defining the market, segmentation, disaggregation and what is driving the market. Analyzing the market and forces that can change the market, conclusions from the market, highest and best use, land use restrictions, and economic considerations. Lots of discussion and examples of analysis.
The course conforms to the AQB criteria requirement and will be needed to be taken for the AQB requirements for licensing, and for upgrading to the new 2008 criteria. This is a 2-day class that counts for 15 hours for licensing or 14 hours of continuing education credit.
Market Segmentations and Supporting Market Trends
This class inclues conisderation of Arm's Length Transactions and the concept of substitution in conclusions of value. Data analysis; supporting adjustments in your report; what is a market?; boundaries; type of property improvement; supporting data and conclusions from market data. Evidence needed by the appraiser in a report. Why the appraiser shoud identify REOs and not using REOs as data.
7 hours Continuing Education
Mortgage Fraud: A Dangerous Business (OREA 08311C101)
This class covers what an appraiser should know to improve their awareness and recognize possible fraud in sales transactions, both in the subject being appraised as well as comparable sales found in MLS data. Many sales include various forms of fraud, including non-disclosed related parties, non-disclosed financial terms, undisclosed concessions, and creative financing schemes. When the real estate market sales slowed and prices declined, this became a critical issue. Make yourself more aware of the issues to protect against unintentional involvement in fraud.
7 hours Continuing Education
Office Operations for the Real Estate Appraiser (OREA 06256C103)
This course covers a wide variety of issues related to office operations. Includes information on record-keeping requirements, OREA expectations, and errors and omissions requirements and concerns. Discussion of professional assistance, engagement agreements, maintenance of work files, logs of experience. Also covers new 2008 requirements on numbers of trainees and the relationships between trainees, appraisers and supervisory appraisers.
2 Hours of Continuing Education credit.
1007 & 216 Documents (OREA 08226C109)
Details of requirements for completing the FNMA 1007 and 216 documents. Covers Common errors, concepts of data resources, and the choices of comps and units of comparison.
2 hours Continuing Education.
OREA License Test Preparation Course
Live sessions on preparing for the OREA license exam. Day one will cover mathematical questions of the type commonly found on the test. Coverage includes several areas commonly tested on, including Township, Ranges, Sections; confirguration of Sections to understand the acreage breakdown of a Section; discussion of Metes and Bounds; and definitions common to the test. Day two continues from day one, with basic to advanced questions, including concepts of Capitalization, Land Residual, Building Residual, Operating Expenses, Reconstructed Operating Statement; and more complex math questions. Over 200 questions are covered in the course content. Individual student concerns and questions are addressed. Suggestions for successfull test-taking are covered. Once you understand the information, your test scores should improve!
The first day covers the outline and answers questions for the AT and AL test. Day one is also helpful for the AR. The second day covers more advanced questions and is helpful for the AT and AL test taker. The AT test candidate should take both days. It's also recommended that the AR licensee take both days. If only one day is taken for AR, it should be day two; however, missing day one will reduce the benefits of preparing for the test.
This may be taken as a 2-day class, or either day may be taken alone.
Intensive course on the requirements that the appraiser needs to consider, including relevant characteristics of property, verification of permits, legal description, zoning, FNMA criteria, FHA criteria, manufactured home criteria. Why the appraiser should verify this information. Disclosure; measuring the home; what is an accessory swelling; defining what is living area and non-living area; basement, attic, room descriptions; environmental issues; site analysis issues. Clarification of condominium versus PUD. How to read basis legal descriptions. Title reports & why to read them if available. The class includes an open discussion and exploration of questions from attendees. It is designed to improve your understanding of responsibilities and capacity to report property characteristics correctly.
7 hour C.E.; OREA approval pending
Property Inspection as an Appraiser (OREA #03226002; Nevada 00007868A)
Detailed discussion of the responsibilities of the residential appraiser. Requirements and steps of a residential appraisal inspection and observation for use in the appraisal. Covers critical information for the appraiser to use. Discusses characteristics of a property that are commonly in error in reports.
Qualifies for 15 hours Basic Education with the test, or 14 hours Continuing Education without the test, for both California and Nevada .
This class covers the concepts, criteria and process of doing Relocation Appraisals, including the analysis of the process and forecasting. It also covers the ERC report.
7 hours Continuing Education
This course is a 1-day seminar designed to help the appraiser understand the necessity of, and the process to, present assignment results to the client and other intended users in a meaningful format while meeting all of the report requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). The course includes a mix of lecture and student participation. Ample opportunity will be provided for questions from students. This program is a good review for practicing appraisers.
7 hours Continuing Education
Residential Report Writing (OREA #05226005; Nevada A7846)
How to write an appraisal report, proper disclosures, and narrative report writing concepts. Compares narrative report writing, form report writing, and development of writing techniques. Appraisal Update documents are also covered. This course includes the Narrative Report Writing and Direct Capitalization requirements for the AR upgrade. These are required as Basic Education to upgrade licensing to AR and AG levels. Excellent for both new and experienced appraisers.
This class has been revised with 2005 criteria and includes the new FNMA forms in order to understand the more than 25 significant changes to the use of forms for FNMA and the documents overall.
Qualifies for 15 hours Basic Education for AR upgrade with the test, or 14 hours Continuing Education without the test, for both California and Nevada .
Residential Site Valuation & Cost Approach (OREA #07311008)
Presented in association with Quick Start Seminars. Various theories and methodologies of arriving at residential site values and applying the cost approach in everyday appraisal work.
AQB approved for 15 hours Basic Education, or 14 hours CE.
Reviewing Residential Appraisals (NAIFA course 4.6A; OREA 08748C002)
This class is designed to help any person who is involved in the underwriting process and/or the handling of appraisal reports, to better understand single family residential appraisal reports and the appraisal review process. It also prepares the student for the Certified Appraisal Re vi ewer and Certified Mortgage Appraisal Reviewer certifications.
This course includes extensive use of actual appraisal reports as examples and as case studies. All students are involved, hands on, in the actual review process during the class. 7 Hours CE credit.
Scope of Work (NAIFA course 5.3)
This class presents topics relating to scope of work by lecture (with PowerPoint slides), quizzes, and case studies. Classroom interaction between the teacher and students will be encouraged. The class will be helpful in preparation for, or in supplement to, attendance of the mandatory USPAP Update Course developed by the Appraiser Qualifications Board of the Appraisal Foundation.
7 hour class.
This class presents detailed coverage of site vauation from the site sales comparison approach. Abstraction of site value from improved land sales; how to identify factors that influence site improvements to ascertain market value of sites from house sales.
4 hours continuing education
Statistics & Graphs (OREA approval pending)
Preview course to 4 day Stats & Graphs I & II course. Support your analysis with graphs. Helps appraiser to support market time adjustments with charts and graphs.
Statistics and Graphs I (14 hours)
This hands-on workshop provides fundamentals of valuation modeling and application of three fundamental analytical tools:
Examples and procedural guides enable you to immediately begin using these powerful tools, and help comply with the 2008 USPAP “all information necessary” rule. Spreadsheet statistical/graphics software, a workbook reference, handouts, and software/data disk are provided as part of the seminar benefits.
Stats and Graphs II (14 hours)
This hands-on workshop builds on the experiences in Stats and Graphs I.
Statistical Review with Appraisal Applications - “Power tools for Appraisers”
This seminar reviews useful statistical tools, with practical applications. Students learn the context of modeling, econometrics, the scientific method, and critical thinking. Hands-on practice in graphical visualization and quantifying adjustments enables you to immediately begin using these powerful tools, and help comply with the 2008 USPAP “all information necessary” rule. Laptop highly recommended (desktop OK). The emphasis is on current issues: market conditions, time-adjustment price-indexing, and sales concessions.
Statistics, Modeling, and Finance (OREA #08311010)
Presented in association with Quick Start Seminars. Required for Certified Residential license. This class presents important information on the theory and practice of statistics, valuation modeling, terminology, terms of financing, and how financing affects values.
AQB approved for 15 hours Basic Education or 14 hours CE
Supporting Adjustments in the Sales Comparison Approach (OREA # 0622006)
This course covers the concept and application of adjustments in the sales comparison approach.
Qualifies for 15 hours of Basic Education with the test, or 14 hours of Continuing Education without the test.
Understanding Appraising Subdivisions (NAIFA course, 4 hours)
This course is designed to teach appraisers how to analyze, investigate, understand, present and appraise subdivisions. After taking this course, real estate appraisers should understand the qualifications needed to perform these type assignments, and they should gain the necessary knowledge to guide them through the appraisal process to appraise subdivisions provided they are competent to perform them. Since subdivisions are a form of land appraisal, and since they involve the development of land in various stages, these assignments can be complex. Subdivisions appraisal assignments can involve the appraisal of land as a “what if” type of assignment whereby values are projected into the future based on a consideration of the client. They can be partially engineered, partially recorded, partially finished, or totally finished lots. This course will teach students how to recognize these various statuses and will teach them when land in a subdivision must be discounted to a present value.
Understanding Relevant Characteristics of Real Property (NAIFA course 10.3)
This course is designed to provide an understanding of which characteristics of a property are relevant and which characteristics are not. Determining and defending the decision of which characteristics are relevant is a big part of the Scope-of-Work concept. With the Scope-of-Work concept being the “hot topic” of USPAP, this is a must-have course.
7 Hours ContinuingEducation; approved for Caifornia and Oregon.
Using the HP-12C Calculator in Analysis (4 hours Continuing Education)
Designed to orient the appraiser to the HP-12C calculator for appraisal purposes and for preparing for OREA test questions. Includes keys, keystrokes, uses. Hands on, practical application and use. Covers some of the AR & AG applications on regression and discounted cash flow.
USPAP National Certification Course (OREA #0326003; Nevada PL0007815-A)
This is the USPAP 15-hour course required for licensing. This course is required for upgrade to AR or AG level license if it was not already completed in the National Certification level. Early enrollment is recommended so the materials can be sent for pre-study. Don't delay as the class can fill up rapidly!
Course includes the current year's USPAP book, course materials, and Frequently Asked Questions.
Qualifies for 15 hours Basic Education with the test. It cannot be used for license renewal (except as continuing education).
USPAP 7-hour Renewal Course (OREA #3256C101; Nevada CE0007816-A)
This course is designed to review professional standards, ethics and updates to the Uniform Standards of Professional Appraisal Practice.
This class is not appropriate for Basic Education. The current USPAP manual is recommended and is available for a $30 fee; the manual is required for use with course. FAQ also available for $20. Manual and FAQ combined are $40. Pre-study is not a requirement.
7 hour class.
Qualifies for Continuing Education credit only, both in California and Nevada.
USPAP 7-hour Update (NAIFA course 5.0a)
This course is designed to review professional standards, ethics and updates to the Uniform Standards of Professional Appraisal Practice.
This class is not appropriate for Basic Education. The current USPAP manual is recommended and is available for a $30 fee; the manual is required for use with course. FAQ also available for $20. Manual and FAQ combined are $40. Pre-study is not a requirement.
7 hour class.
Qualifies for Continuing Education credit only, both in California and Nevada.
Valuing Real Estate in a Changing Market (8 hours)
The primary focus of this course is to help the student better understand that real estate markets are no different than other types of markets. An understanding of the macro economic factors which drive markets and their reactions to particular types of events are extremely important to grasping what direction the market is trending. Throughout the course, examples will be given in markets other than real estate in order to better illuminate some of the misconceptions and fallacies about real estate markets. These examples will utilize the labor market, the grocery market, and the stock market for this purpose.
Continuing education.
If you would like more information on any of these classes, email Barry Cleverdon with your request.