How to Read an Appraisal (In Person Only)

Pending NMREC Ratification for 3 hrs CE (Elective)

Pending NMREC Ratification for 3 CE Elective hrs

Gain comprehensive insight into the intricacies of the complete 1004 appraisal form, equipping real estate agents with the expertise to decipher it effectively for their clients. Delve into each line of the form, exploring its origin and pertinent definitions essential for comprehension. Uncover valuable insights into deciphering comments, sketches, and photos, while also discovering the crucial key to understanding abbreviations within the report. Join us to master the art of interpreting appraisals and empowering your clients with informed decisions.

Learning Objectives:

• Locate and Explain the most important parts of an appraisal report so you can walk a client through the results with confidence.
• Describe the "rules of the road" appraisers follow to understand why they chose certain sales and made specific price adjustments.
• Distinguish between a factual mistake in the report and a professional opinion you simply disagree with.

Zoe Liston is a Cornell University graduate with 30 years as a licensed Realtor®, over 25 years as a Certified Residential Real Property Appraiser, and more than 20 years as an industry speaker. She specializes in helping Realtors® understand appraisals and is the NorthStarMLS Matrix expert for the Minneapolis Area Association of Realtors, known for her engaging, humor-driven teaching style and passion for bridging industry knowledge gaps.