Course content
5 sections · 33 lessons · 4 quizzes · 2 hours
01 Before You Begin1 lesson
- Start Here
02 Section 1: The Rules, and Who Enforces Them11 lessons · 1 quiz
- Who the Appraiser Works For
- Who Writes the Rules, and Who Checks the Work
- Market Value
- Do Multiple Offers Reflect Market Value?
- What a Comparable Sale Is
- What Fannie Mae Requires of a Comparable Sale
- Is This Sale a Comparable? If This, Then That
- Exercise: Would You Use This Comp?
- The Appraiser Has to Abide by It — and Is Checked
- The Subject’s Market Area
- Section 1 Summary: What the Appraiser Does
- Section 1 Quiz: The Rules, and Who Enforces Them
03 Section 2: The Updated Report16 lessons · 1 quiz
- One Form, Fields Instead of Sentences
- What the Report Requires About Every Sale
- Exercise: Which Two Would You Set Aside?
- The Search List: What Fits Has to Be Accounted For
- How the Value Gets Pulled Down
- What This Means for the Sales You Use as Comps
- Condition, Quality, and Living Area
- Easements and the Shared Driveway
- Exercise: What Would You Ask This Seller?
- What a Guess Sets Off
- When the Seller Does Not Know
- Defects and Photographs
- An ADU Is a Zoning Question
- Solar, Amenities, and Systems
- What This Does to Your Closing Date
- Section 2 Summary: Build Extra Time Into Your Closing
- Section 2 Quiz: The Updated Report
04 Section 3: Working With the Appraiser4 lessons · 1 quiz
- Everything the Appraiser Will Ask, in Two Documents
- The Packet and the Site Visit
- The Appraiser Is Going to Call
- Section 3 Summary: Starting With Your Current Listing
- Section 3 Quiz: Working With the Appraiser
05 Course Wrap-Up1 lesson · 1 quiz
- What’s Next
- Final Exam: The Updated Appraisal Form and How It Impacts Agents
