- 2 CE Hours
- Sign in at 2:45
- Seminar is 3 – 5 pm
- Developed and Instructed by Jason A. Tillema, SRA, AI-RRS
The Market Conditions Analysis session has become even more crucial in light of Fannie Mae’s recent policy updates. Effective February 4, 2025, Fannie Mae has introduced new requirements for appraisers, emphasizing the importance of thorough market analysis and time adjustments. This class is specifically designed to help appraisers meet these new GSE guidelines and will provide practical methods for developing value trends and corresponding market condition adjustments.
Participants will learn how to:
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Establish a minimum 12-month timeframe for deriving overall market trends
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Differentiate between overall market trends and adjustments applied to individual comparable sales
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Provide comprehensive market analysis supporting both the indicated overall market trend and market-derived time adjustments
The session will also address Fannie Mae’s emphasis on the importance of analyzing comparable sales for changes in market conditions between the contract date and the effective date of the appraisal. Attendees will gain insights into acceptable practices for making time adjustments, including:
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Utilizing home price indices (HPIs)
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Using MLS data and reports
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Conducting statistical analysis
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Exploring other commonly accepted methods
By participating in this seminar, appraisers will not only enhance their technical expertise but also ensure compliance with the latest GSE requirements. This event aligns perfectly with the Appraisal Institute’s commitment to providing quality education and upholding ethical standards in the appraisal profession. Don’t miss this opportunity to elevate your skills, deepen your understanding of the evolving appraisal landscape, and connect with fellow professionals dedicated to excellence in the field.
This seminar is on Zoom!
Students must have computer, webcam & microphone capability to participate & receive CE credit. The instructor must be able to physically see and interact with all students; students must be able see and interact with the instructor. FOR USPAP, a copy of your driver’s license must be emailed to the Chapter prior to the offering start date. You will receive a separate email from the Chapter with log-in information.
If you are using your iPad/iPhone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education.
Contact the chapter with questions: LisaMay.weiss@appraisalinstitute.org