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Appraising in an Overheated Market – Zoom Class

February 17 @ 8:30 am - 12:00 pm

This course will help both appraisers and agents navigate the challenges presented by this very overheated market, with extremely low inventory, and multiple offers above listing price. Our current  market has created friction between appraisers, who must follow USPAP and lender  guidelines, and can only use the comparable sales that exist, and agents, who are seeing multiple offers, all above list price. Agents are also using escalation clauses, as well as an appraisal contingency. Both groups must learn the other side’s role, as well as consider the inevitable change to this market, and what effect that will have on sellers who bought at the height of the market.

Details

Date:
February 17
Time:
8:30 am - 12:00 pm