Calendar

Sales Comparison Approach (4 hours): Submitted to NJ and NY State Board of Real Estate Appraisal Boards (PA is reciprocal with NJ)

This program focuses on understanding nuances of the subject being appraised and how its physical, legal and

locational aspects contribute to value. The focus concentrates on a direct comparison among properties. It

begins with a discussion of what is a suitable competitive property. Emphasis will be on the ten (10) elements

of comparison which are criteria for comparison. These criteria can be subdivided for a more detailed analysis.

There is also a recommended procedure when processing the elements in two basic categories. The

adjustment process seeks to simulate a typical buyer’s decision making process tempered by market patterns

and trends. The importance of the practitioner’s logic and rationale will be visited. There is also an overview

of various peer tested techniques to develop adjustments. Lastly, defining what is necessary to meet USPAP’s

minimum requirements and what is supporting documentation for opinions and conclusions will be discussed

Virtual Meeting Participation Guidelines:

Students must have webcam/iphone/ipad/smartphone capability to participate and receive continuing education credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor.

You must send a copy of a picture ID (if you have attended a chapter class or meeting, your ID will be on file), which can be your driver’s license with all details blacked out except the name and picture emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date.

You cannot take virtual education from a vehicle; you must be able to see the presentation, be seen and respond if necessary.

ZOOM access link will be emailed to student prior to the offering in separate email from registration confirmation.

If you are using your Ipad/Iphone/smartphone please download the ZOOM app prior to offering.

Please check your webcam privacy settings on your computer.

If you have a Lenovo laptop, you must have the Lenovo Vantage App installed on your computer for webcam to work.

Check state approvals before registering to make sure the states you are licensed have approved the course/seminar and allow Virtual education in place of classroom education during the pandemic.