Appraisals Start to Finish: The New Report, the Basics, and How Comps Are Chosen
A two-hour class for real estate professionals
Coming soon. Michigan continuing education approval for these courses is pending. Accepting waitlist members now. Waitlist members get booking access 48 hours before the general public, first come, first served.
About This Course
The full picture in one sitting: appraisal basics, how the home is measured, appraisal-day prep, reading the new UAD 3.6 report, how comps are chosen and weighted, and what a good Reconsideration of Value request includes.
What You'll Learn
- Explain the three approaches to value and the five-step appraisal process.
- Apply the measurement rules: ANSI, above and below grade, finished-area tests and the bedroom definition.
- Prepare a home and the sellers for appraisal day.
- Read the new report's Summary page, defects tables, feature-level ratings and room-by-room layout.
- Follow how comps are chosen, adjusted and weighted, and request a Reconsideration of Value through the lender.
How This Course Relates to the Practice of Real Estate
Agents set prices, write offers, and coach clients around the appraisal on every deal, and this course gives them the full picture in one sitting. The basics and measurement modules keep listings accurate, since the bedroom count and square footage an agent markets are the ones the appraiser has to support. Appraisal-day prep protects the contract timeline. Learning how comps are chosen and weighted lets agents pick better listing prices and make better offers, and lets them explain a value factually instead of guessing. Reading the new UAD 3.6 report lets them spot "subject to" repairs early, before they delay a closing. Together, these skills help agents set expectations before the appraisal and handle a low value through the lender without pressuring the appraiser.