This product is a recording of the Appraisal Institute webinar that was conducted on December 7, 2011.
Form 1004MC: Accurately Analyzing and Reporting Market Rebounds and Declines
Once the Appraisal Institute confirms your payment, you will receive an e-mail containing a link to the webinar recording.
Please note: The interactive features of the webinar (e.g. poll/survey questions and the final evaluation) are NOT available in the recording. In addition, Appraisal Institute continuing education credit is NOT available for viewing the recording.
Date: December 7, 2011
Duration: 2 hours
This webinar recording faces head on a difficult issue when using Form 1004MC - dealing with directional changes in the market such as rebounds and declines. ‘Averaging’ sale prices into groupings of 3 and 6 months can delay identification of market changes and result in inaccurate market conditions (time) adjustments. Learn the econometric best practice wherever exact dates of sale are available. Also, understand how to reconcile and report the indicated market conditions adjustment and the resulting valuation - and stay in compliance with the 1004MC instructions.
George Dell, MAI, SRA, ASA, CEO and chief instructor for Valuemetrics, Inc.
Richard L. Borges II, MAI, SRA, Partner, Borges & Borges Real Estate Advisors