Continuing EducationElective

Working With The Appraiser

The appraisal is one of the most critical steps in any real estate transaction — and it's the one agents have the least control over. But that doesn't mean you're powerless.
  • Connecticut
  • Approval # RCE.0001363-CRS
  • 3 hours CE
  • 57 lessons
  • 7 quizzes
  • Online · self-paced

About this course

The appraisal is one of the most critical steps in any real estate transaction — and it's the one agents have the least control over. But that doesn't mean you're powerless. The agents who understand how the appraisal process works, what appraisers are looking for, and how to communicate effectively throughout the process are the ones whose transactions close smoothly.

This course teaches you how the appraisal process works from the inside — how appraisers select comparable sales, how they make adjustments, what they're required to report, and what they can and can't consider. You'll learn how to prepare your clients, how to provide useful information without overstepping, and what your options are when the value doesn't meet the contract price.

Whether you're representing a buyer waiting on the appraisal or coaching a seller through the process, this course gives you the knowledge to manage expectations, communicate with confidence, and keep the transaction on track.

 

What you’ll learn

  • How appraisers are assigned and what their scope of work includes
  • How comparable sales are selected and what makes a comp strong or weak
  • How adjustments are made and what drives the final value opinion
  • What you can and should provide to the appraiser — and what to avoid
  • How to prepare for the appraiser’s site visit
  • What to do when the value does not meet the contract price

Course content

8 sections · 57 lessons · 7 quizzes · 3 hours
01 Before You Begin1 lesson
  1. Start Here
02 The Appraiser's Role and The Appraisal Process9 lessons · 1 quiz
  1. The Appraiser’s Role
  2. Who Is the Appraiser’s Client?
  3. Appraiser Independence Requirements (AIR)
  4. Data vs. Pressure: The Critical Distinction
  5. Appraiser Liability
  6. USPAP and the Appraiser’s Scope of Work
  7. The Appraisal Process Step-by-Step
  8. Lender Overlays: Know Before You List
  9. The Appraiser’s Role and The Appraisal Process Summary
  10. Section 1 Quiz: The Appraiser’s Role
03 Types of Appraisals and Appraisal Ordering3 lessons · 1 quiz
  1. Full and Desktop Appraisals
  2. Appraisal Management Companies (AMCs)
  3. Hybrid Appraisals: When the Appraiser Never Sees the Property
  4. Section 2 Quiz: Types of Appraisals and Appraisal Ordering
04 Market Value vs Market Price7 lessons · 1 quiz
  1. Market Value vs. Market Price
  2. What Is Market Value?
  3. Market Value vs. Market Price vs. Cost
  4. Why Do Appraisers Need the Contract?
  5. Seller Concessions: What You Need to Know
  6. Why Multiple Offers Don’t Determine Value
  7. Market Value vs Market Price Summary
  8. Section 3 Quiz: Market Value vs. Market Price
05 What the appraiser Sees10 lessons · 1 quiz
  1. What the Appraiser Sees in the Property
  2. Condition Ratings (C1–C6)
  3. Quality Ratings (Q1–Q6)
  4. Gross Living Area (GLA)
  5. Effective Age vs. Actual Age
  6. Cost vs. Value: What the Market Pays For
  7. Solar Panels: Owned vs. Leased
  8. Functional & External Obsolescence
  9. In-Law Suites & ADUs: Zoning Matters
  10. What The Appraiser Sees Summary
  11. Section 4 Quiz: What the Appraiser Sees
06 Your Role Working with the appraiser12 lessons · 1 quiz
  1. How You Actually Help the Process
  2. The Appraisal Packet: Your Most Powerful Tool
  3. What Happens During the Inspection
  4. Meeting the Appraiser at the Property
  5. Information, Not Pressure
  6. Can You Provide Comparables to the Appraiser?
  7. Listing Agent vs. Buyer’s Agent: Your Role
  8. After the Appraisal: What to Expect
  9. Pause and Consider: The Seller Problem
  10. Communicating Through the AMC
  11. When the Appraiser Reaches Out: Why Returning the Call Matters
  12. Your Role Working With The Appraiser Summary
  13. Section 5 Quiz: How You Help the Process
07 Comparable Sales and the Reconsideration of Value Process13 lessons · 1 quiz
  1. Comps and the ROV Process
  2. What Makes a Comparable Sale?
  3. Fannie Mae Comparable Sale Requirements
  4. Ownership Type vs. Architectural Style
  5. The Price-Per-Square-Foot Problem
  6. Case Study: Same House, Different Value
  7. When Good Comps Are Hard to Find
  8. When the Appraised Value Doesn’t Support the Contract Price
  9. Reconsideration of Value (ROV)
  10. How to Write an Effective ROV
  11. The Appraisal Gap Clause
  12. Pause and Consider: What’s Your Move?
  13. Value Acceptance (Formerly Appraisal Waivers)
  14. Section 6 Quiz: Comps and the ROV Process
08 Working With The Appraiser Course Summary and Final Exam2 lessons · 1 quiz
  1. Course Summary: Working with the Appraiser
  2. What’s Next
  3. Final Exam — Working with the Appraiser

How it works

1

Enroll online

Check out in a few minutes and start right away.

2

Learn at your pace

On your phone, tablet or laptop, with 6 months to finish.

3

Pass and download

Your certificate is ready as soon as you pass the final exam.

Frequently asked questions

Are these courses approved for continuing education credit?

Courses approved for continuing education credit show the approval on the course page. Select your state to see the courses approved for your license.

How long do I have to complete a course?

You have 6 months from enrollment to finish, at your own pace. Just make sure you finish before your state’s CE deadline.

When do I get my certificate of completion?

As soon as you pass the final exam, your certificate of completion is available to download instantly from your dashboard.

Can I access courses on my phone or iPad?

Absolutely. The platform works on any device, so you can learn from your phone, tablet, or computer.

Working With The Appraiser
$30.00 One-time · 3 hours CE
Sign up for this course
This course includes
  • 3 hours of CE credit
  • 57 lessons in 8 sections
  • 7 quizzes
  • Certificate of completion
  • 6 months to finish
  • Phone, tablet or laptop
Questions? 860-713-9278