PP202 Development of a Personal Property Appraisal: Research and Analysis
Includes Multiple Live Events. The next is on 03/06/2023 at 11:00 AM (EST)
Monday, March 6, 2023 - Friday, March 10, 2023
11:00am - 7:00pm
Class registration will close Monday, February 27, 2023.
- One registrant log-in to the live sessions
- Electronic student materials
PP202 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.
All Times are Eastern US
Session 1 - Monday, March 6 - 11:00am - 7:00pm
Session 2 - Wednesday, March 8 - 11:00am - 7:00pm
Session 3 - Friday, March 10 - 11:00am - 7:00pm
Exam Proctoring - Monday, March 13 - 11:00am - 2:00pm
Please note: Partial credit will not be awarded for this offering. Students must participate in three (3) live online sessions to complete the course and receive full credit. The sessions will not be recorded and/or made available after the class.
Continuing Education (CE)
Class provides 28.8 ASA CE Instructional Hours and 3 Exam Hours.
ASA-accredited members (AM, ASA, FASA) who would like to attend this class will receive a 50% discount. This discount will be automatically applied at checkout.
PP202 is the second class in the Principles of Valuation course of study of the American Society of Appraisers (ASA) for Personal Property Appraisers. The PP202 class covers the development of the scope of work for appraisal assignments, including methods of research and analysis of markets, and Approaches to Value. This course also provides students with expanded appraisal terminology. Students research the property they selected in PG201 and learn to analyze the data to conclude value - they will learn to communicate that information in a professional appraisal report in PP203. The class instructor will be available to assist in final selection of the property. Note: The property should have a Replacement Value of at least $5,000.00 but not exceeding $250,000.00. This course is a prerequisite for PP203. Successful completion of PP201 is a prerequisite for this course.
Instructor will present material through lecture and PowerPoint as well as classroom exercises and group discussions. Overnight assignments may be given for review and discussion, as well as for the next class.
This course provides individuals wishing to become appraisers, or related professionals interested in augmenting their valuation skills, with the second course introducing the research and appraisal development concepts necessary for appraisal practice. Candidates who have previously successfully completed this course and designated appraisers may wish to retake this class to brush up and stay informed about the currently accepted appraisal research and development requirements.
Required Pre-Course Readings
Please obtain and review the required and recommended readings prior to attending class.
Upon completion of this course, students will gain a solid knowledge of:
- The scope of work process
- Research methods Analysis of markets and sales
- Approaches to value
- Developing the workfile for the appraisal assignment
- Review and expansion of appraisal terminology
Continuing Education and Contact Hours
28.8 ASA CE Instructional Hours and 3 Exam Hours
Students must successfully complete PP201 prior to registering for PP202.
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 education dashboard (login required). Once eMaterials have been posted for download, the class is no longer refundable.
eMaterials are provided electronically in PDF format and posted to the class within the Education Dashboard for all registrants to securely access prior to the start of the class. Attendees should come to class prepared with an electronic or printed copy of all eMaterials to use as a reference. OnDemand course registrants receive access to materials immediately following registration.
PDF course materials are presented in color, are bookmarked, and comment enabled. When opting to print downloaded materials, it is recommended that personal print settings be adjusted to print in black and white (or grayscale) and consider printing double-sided on recycled paper.
Certificate of Completion
Please allow 5-10 business day following successful completion of the course or final exam to receive a formal status notification and access to a certificate of completion. The certificate will be available to view and/or download from within the class listed in your Education Dashboard.
ASA’s Educational Foundation recognizes students who choose to invest their time in appraisal studies by providing assistance to students demonstrating a financial need. Please visit the Educational Foundation's webpage for more information and to download an application.
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