Download and view the complete Supporting Adjustments Series.
Collateral Underwriter is here and while we will not really know exactly how this will affect appraisers until after the implementation has had time to roll out, we can prepare with a return to some common sense methods. Join presenter Woody Fincham, SRA, for these on demand webinars.
Reviewed Paired Sales and Regression Analysis. Part one also explored some techniques on fundamental report writing, how to make technical sense and having a consist flow.
Part two reviews some basic statistical metrics used in regression analysis. Woody provides insight on how valuable sales agent interviews are when gathering data, and the benefit of using other approaches to support adjustments in the sales comparison approach.
In the final part of this series, Woody provides some real life examples of using the Cost Approach to support and add credibility in the Sales Comparison Approach. Woody also reviews Residual Improvement Value and how this can be an effective defense against overall price per square foot concerns and in conclusion reconciling each step of the valuation process.