How to Support and Prove Your Adjustments – June 2015

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Two Part Webinar with Richard Hagar, SRA

(Purchase the complete series and save.)

“Over the past several weeks I have applied your single line regression method for determining the sq.ft adjustment and found it incredibly useful. I have felt more confident in my comments about justification for the amounts as well as my comments about site value and the location adjustments.” – Rene D.

“The Adjustments webinar was fantastic! I would LOVE to review it again.” – Jack L.

“Really enjoyed it. Looking forward to Part 2. Thank you for offering it.” Camile P.

Don’t miss this valuable two-part Webinar!

How to Support and Prove Your Adjustments – A Closer Look

Presented by: Richard Hagar, SRA

*All webinars are recorded and available at your convenience.

Will support for your adjustments hold up under scrutiny? How do you determine the right adjustment? Is it based on what you were told when you were learning the appraisal business, someone else’s opinion or…are you clear about how to apply the correct methods (according to Fannie Mae) in your appraisal practice?

Regulations state that appraisal adjustments cannot be based upon an appraiser’s opinion. Failure to provide proof and analysis to support your adjustments mean a rough road from now on out: state board complaints, license revocation, panel removal, lawsuits, and now Fannie Mae cites “use of adjustments that do not reflect market reaction” as number one on a list of 16 reasons why an appraiser can be placed on its “Do Not Use” List. This list is a fast ticket to a career change.

In this two-part webinar, Hagar explains 14 of the most common methods that can be used for determining adjustments.  There are at least 25+ different methods available to appraisers. One of the methods involves a regression analysis and the use of Excel.  Hagar says, “In the Excel example I’ll take the appraiser through a step by step process of what information goes into the cells and how to click on a few buttons to obtain the results. So there is no need to be an Excel Wiz, but you will need the program or its equivalent on the computer. The goal is to get appraisers thinking about how to prove adjustments and to show them easy steps they can follow to make their reports better. I’ll show appraisers how to use the adjustments in the Cost, Income and Sales comparison approaches. And I’ll have examples of how it applies to numerous components through-out the appraisal.”

This Two Part webinar will help you utilize quick and simple methods for proving adjustments that improve the quality of your reports and help you avoid problems, blacklisting and legal actions.

Two Part Webinar Series

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*These webinars will be recorded. This allows you to review the course later at you own convenience, in its entirety, if you have a scheduling conflict and can’t make the live version or if you want to view it again.

**Disclaimer: Webinar is not approved for CE.

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