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Residential Sales Analysis: Supporting the Adjustments (Let's be Reasonable!)
Presented by Denis DeSaix, MAI, SRA
This class will present specific examples of how the boots-on-the-ground appraiser can supplement her or his report with the data and analysis necessary to support sales comparison adjustments and meet client expectations. The following key concepts will be discussed:
· What clients expect to see... and what to do when there is something unexpected
· Reasonable vs. Precision... why "reasonable" is the more credible of the two
· Appraiser Judgment... the ingredient that transforms a mathematical exercise into a credible analysis
With the introduction of UAD, CU, and other Big Data analytic tools, there is a renewed focus by our lending clients on analyzing adjustments applied in our appraisal report. Statistical analysis tools can provide specific and precise point-value adjustments to apply in the grid, but does the market really react with that same precision? And, different analyses of the same element may conclude different adjustments; how should these differences be reconciled?
This is not a regression class (... leave the laptop at the office!) but be prepared to learn some tools and techniques you cantake with you and apply in your practice with the data you already analyze.
Tuesday, April 12th
Registration is from 6:00-6:30 PM
Dinner is from 6:30-7:00 PM
Class is from 7:00-9:00 PM
*Dante Club*
2330 Fair Oaks Boulevard
Sacramento, CA 95825
Members: $30
Non Members: $60
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** Pre-Register by Friday, April 8th by Noon **
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Education Provider: Real Estate Appraisers Association, P.O. Box 661706, Sacramento, CA 95866
BREA Course Provider #986603
BREA Course "Residential Sales Analysis - Supporting the Adjustments" - #TBD
- 2 CE Hours
***If you plan on using your free 2 hour course, please register online and indicate you are paying by COD.***
Walk-in's will be charged an additional $10 at the door.
Must be logged in as a member to receive
member pricing
By taking one of our classes at the REAA (whether a member or non-member), you are agreeing to create an online account to receive your certification. There is no fee to create an online account and you do not have to be an REAA member to obtain your CE certificates. These certifications will, typically, be available online within 1 week of the end of the course.
For further information call REAA Sacramento:
916-790-6671
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