Appraising in an Overheated Market
This course is designed to assist both appraisers and agents in the challenge of a very overheated market, with extremely low inventory, and multiple offers above listing price. This market has created friction between appraisers, who must follow USPAP and lender guidelines and can only use the comparable sales that exist, and agents, who are seeing multiple offers, all above list price. Agents are also using escalation clauses, as well as an appraisal contingency. Both groups need to learn what the other side’s role is, as well as consider the inevitable change to this market, and what effect that will have on sellers who bought at the height of the market.
April 20th; 9:00 a.m. – 12:30 p.m. (VIRTUAL ZOOM MEETING)
VIRTUAL ZOOM MEETING
FREE for Appraisal Renewal Package subscribers
3.5 hours PA 19-21 PA Appraisal license renewal
3.5 hours PA 20-22 Real Estate license renewal
3 hours PA Continuing Legal Education credits
Melanie McClane, ABR, CRS, CRB, EPRO, GRI, GREEN, RSPS, PSA, SRES, SRS
To register for the Appraising in an Overheated Market course or to purchase the Appraisal Renewal Package, please email Director of Student Services, Gail Parke, or call 610-560-4900.