DESCRIPTION: This course introduces the elements, terminology, and principles of appraisal. The three approaches to
DESCRIPTION: This course introduces the elements, terminology, and principles of appraisal. The three approaches to value, as well as the forces that influence them are explored in some detail. Practical exercises allow the student to apply each approach to real-life situations.
Upon completion of this course, the student will be able to do the following:
- Generalize the role of the appraiser and the appraisal in a real estate transaction
- Evaluate the forces at work in the marketplace as they affect appraisals
- Classify six types of value
- Illustrate the differences between various types of depreciation and how they affect property value
Students will be exposed to rules and regulations governing appraisals.
INSTRUCTOR: Debbie Mack
Debbie has been a Certified Residential Appraiser since 1990. She believes it’s the best job in the world for a person who has always been in Real Estate (brat- parents were Brokers) and who has a passion for home design. Appraisal requires an open mind for to each appraisal problem; a reasonableness about values; a clear understanding of the definition of “Market Value” which is what a buyer and seller create, NOT created by a Broker/or Appraiser. Using people skills with customers and clients, she helps them understand the appraisal process. There are many myths about appraising. She strives to provide an accurate, reasonable, well understood, and prompt appraisal to the client within 48 hrs. of the inspection date. As a professional instructor teaching “The Broker’s Guide to the Appraisal Process” for 4 hrs CE (CO), she hopes brokers learn more about the appraisal process. Though she has a busy appraisal practice, she enjoys building a bridge with brokers is vital to both professions.
CE Credits: 4 hours CE
SMART Points: 4 Points
Cost: $50 for SMDRA Members / $50 All Others
Refreshments Provided By SMDRA Affiliate Business Partner:
Michael Athens, Gifts with an Edge
(Tuesday) 8:00 am - 12:00 pm MST
South Metro Denver REALTOR® Association
6436 South Racine Circle