AR204 Appraisal Review & Management Application

  • Registration Closed

Tuesday, May 31, 2022 - Friday, June 3, 2022

Important Class Information

AR204 is being presented online via Zoom and will be taught by a live instructor over the course of  three days with an exam on the fourth day. Students will meet virtually with the instructor over the internet and will engage in discussions, exercises, and post-session assignments.

ASA-accredited members (AM, ASA, FASA) who would like to attend this class will receive a 50% discount. Pricing reflected at checkout.

Virtual Registration Includes

  • One registrant log-in to the live sessions
  • Electronic student materials

All course materials included with your registration are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. All downloadable materials are accessible via your ASA profile in ASA Central (login required). Once eMaterials have been posted for download, the class is no longer refundable.

Description

AR204 focuses on application and review report writing. Course content includes:

  • Applications and discussions on USPAP Standards Rules 3 and 4
  • Report compliance
  • Logical arguments
  • Credible results
  • Competency
  • Scope of work
  • Ethics
  • Review report writing
  • Management of multidiscipline appraisal assignments;
  • Management of appraisers
  • Much more

The course will demonstrate the application of the appraisal review paradigm, methods of reviewing non-compliant reports, and record keeping requirements. Attendees will review the concepts learned in previous Appraisal Review Principles of Valuation (POV) courses and directly apply them to reports from various areas of practice. Attendees will conclude the class with a working understanding of what an appraisal review report should include as well as exclude. 

Instructional Methods

This is a 'hands-on' report writing class.  Along with class lecture, attendees will work in teams and review appraisal reports in all disciplines.

Course Audience

AR204 is the fourth and final Principle of Valuation (POV) course in the 4-course series (AR201-AR204) for those seeking the AM or ASA designation in Appraisal Review.  This course is also the last of two classes (AR201 and AR204) needed for ASA credential holders who wish to obtain the ARM Specialty Designation within their discipline.

AR204 also serves as the last of two required courses (AR201 and AR204) for attorneys, lenders, and other non-appraiser professionals who are interested in earning an ARM Certificate of Completion.

Students seeking the AM or ASA designation, it is recommended to take the POV courses in order starting with 201 and ending with 204 (but is not required) with the exception of those who already have an ASA and are earning another designation in ARM (meaning they must take AR201 and AR204). Those seeking the ARM Specialty Designation or the ARM Certificated of Completion need to take 201 followed by 204.  

Course Requirements

Students must bring a laptop to class and two (2) redacted reports for review are necessary for the course activities.vvv

State Approvals

ASA has received approval from the following states for up to 27 hours of continuing education credit for this course. Please note - some states may not accept all 27 hours. Contact your state real estate appraisal board for more information.
CA - expires 12/31/2024.

Learning Level 

Fundamental 

Continuing Education and Contact Hours

28.8 ASA CE Instructional Hours and 3 Exam Hours

Prerequisites

Professionals seeking the Accredited Member (AM) or Accredited Senior Appraiser (ASA) designation in Appraisal Review & Management:

AR204 is the final Principle of Valuation (POV) course in the four (4) course POV series.  AR201 must be successfully completed prior to registering for this course.  After successfully completing the AR201 course, AR202- AR204 may be taken in any order.

Current ASA credential holders who wish to additionally accredit with another ASA in Appraisal Review & Management:

AR204 is the second of two (2) required courses, AR201 and AR204.  AR201 must be successfully completed prior to taking AR204.

Non-appraisal professionals seeking the ARM Certificate of Completion:

AR204 is the second of two (2) required courses, AR201 and AR204.  AR201 must be successfully completed prior to taking AR204.

Professionals only taking ARM POV classes for continuing education purposes (not for a designation, additional designation, or certification of completion).

ARM POV courses may be taken in any order.  You will need to call ASA Headquarters at 800-272-8258 to register over the phone in order to bypass online prerequisite screening.

 


Schedule (All times listed in Eastern US)

Session 1 - Tuesday, May 31 - 10:00 a.m. - 6:00 p.m.
Session 2 - Wednesday, June 1 - 10:00 a.m. - 6:00 p.m.
Session 3 - Thursday, June 2 - 10:00 a.m. - 6:00 p.m.
Session 4 - Friday, June 3 - 10:00 a.m. - 1:00 p.m.

Please note: Partial credit will not be awarded for this offering. Students must participate in four (4) live online sessions to complete the course and receive full credit. The sessions will not be recorded and/or made available after the class.


Learning Outcomes

Upon completion of this course, students will be able to:

By the end of the course participants will have
1. Reviewed the USPAP Standards 3 & 4 for their key components
2. Reviewed the IRAC and CRAC format to begin the appraisal review report writing process
3. Reviewed the Ethics Rule for its key components of impartiality, objectivity, and independence; analyzed a redacted appraisal report and utilized the IRAC and CRAC format to write an objective review for compliance with the Ethics Rule
4. Reviewed the Competency Rule for its key components; analyzed a redacted appraisal report and utilized the IRAC and CRAC format to write an objective review for compliance with the Competency Rule
5. Reviewed the Scope of Work (SoW) Rule for its key components
6. Written a Scope of Work for the appraisal review of the redacted report
7. Analyzed a redacted appraisal report and utilized the IRAC and CRAC format to begin the appraisal review report writing process for compliance with the Scope of Work Rule
8. Reviewed the USPAP standards relevant to the redacted appraisal report for its key components. Analyzed a redacted appraisal report and utilized the IRAC and CRAC format to begin the appraisal review report writing process for compliance with the relevant USPAP standards.
9. Reviewed the flaws of logic common to appraisal reports
10. Prepared a written Appraisal Review Report and developed an opinion in compliance with USPAP Standard 4
11. Reviewed the Record Keeping Rule for its key components
12. Reviewed the Advisory Opinions 21, 24 and 31 for their key components


Key:

Complete
Failed
Available
Locked
Session 1
Join Virtual Class Session #1
05/31/2022 at 10:00 AM (EDT)   |  480 minutes
05/31/2022 at 10:00 AM (EDT)   |  480 minutes
Session 2
Join Virtual Class Session #2
06/01/2022 at 10:00 AM (EDT)   |  480 minutes
06/01/2022 at 10:00 AM (EDT)   |  480 minutes
Session 3
Join Virtual Class Zoom Session #3
06/02/2022 at 10:00 AM (EDT)   |  480 minutes
06/02/2022 at 10:00 AM (EDT)   |  480 minutes
Session 4
Join Virtual Exam Session - Day #4
06/03/2022 at 10:00 AM (EDT)   |  180 minutes
06/03/2022 at 10:00 AM (EDT)   |  180 minutes
Course Wrap-Up
AR204 Class Evaluation
16 Questions
Required Action Post Exam
1 Question  |  1 attempt  |  0/1 points to pass
1 Question  |  1 attempt  |  0/1 points to pass After you complete the final exam for ASA processing, this submission step is required in order to receive a certificate of completion depending on your exam results. Allow 24-48 hours for processing. Please just hit ENTER (there is not submit button)
AR204 Course Certificate
Live Viewing: 31.80 CE credits and certificate available
Live Viewing: 31.80 CE credits and certificate available Open certificate for the option to print.