The Problem:
Qualifying education (the classes required for licensing and exams) teaches the “what” and the “why” of appraisal, the knowledge required to pass the state exams and become an appraiser. It is assumed that new appraisers are taught the “HOW” by their initial supervisor.
The biggest problem in our industry stems from a shortage of trained supervisors. This results in appraisers who lack skills, either in report quality or in business knowledge. Appraisers rarely even realize they are lacking specific skills or knowledge, they simply know that they are struggling to make ends meet. The result of struggle is the strong temptation to bend to lender pressure, which is... BAD!
The Solution:
Appraisal
Once an appraiser has learned the expectations of the mortgage industry (underwriters and reviewers, USPAP, FNMA and HUD, etc.), he or she is half way there. The next step is to learn how to perform these tasks efficiently, so that the appraiser can earn a good living and still have a life Outside of appraisal. A career which keeps you in the office 90 hours a week is not the goal!
Our ultimate goal is to teach our students how to do good work, get it done, and still have time for family, hobbies and interests.
Classes:
- 421 - Residential Appraisal Mastery: The "How-To" URAR report writing and problem solving course, focusing on meeting mortgage lender underwriter requirements. (click here)
- 422 - Pefecting the URAR (FNMA 1004): Section-by-section instruction on USPAP and Fannie Mae requirments, comments, and responses. (click here)
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