CPD 232 - Beyond Mortgage Reports: Next Level Residential Appraisal
Pre-requisite: Students require a thorough understanding of appraisal theory and practices for residential properties. BUSI 330 or CPD 130 or equivalent are recommended.
This webinar explores areas of valuation practice for residential appraisers beyond appraisal reports for mortgage financing purposes. The instructors will outline a number of potential specializations where a more intensive scope of work is expected, such as litigation, estates, matrimonial disputes, foreclosures, or assessment appeals. The appraiser must fully understand the client’s purpose and the intended use, and develop a workplan that addresses expectations for both quality and quantity of reporting – both for the client and with professional standards in mind. The webinar will also delve into the practical challenges in this next-level appraisal work, such as client development and establishing professional fees.