Appraisals are one of the single most important items related to the financing of 1 to 4 family homes for the average person. Too often borrowers rely on “appraised values” from sources that are inaccurate. Many times the estimate of value is highly inaccurate.

These inaccurate values cause a lot of confusion and pain for many borrowers and by extension confusion and pain to the real estate agent.Even though sites like Zillow have millions of home values in their database they are not as accurate and up to date as they need to be.

In addition, many highly qualified real estate agents falsely believe that their own comps should be used. They make a good case but this course will teach them WHY lenders use independent appraisers to come up with a “best effort” opinion of value. Many of the questions that will be addressed in this class are:

What is an appraisal? Why is an appraisal required? Who performs the appraisal? Who picks the appraiser? How can you prepare your home for appraisal? Does the appraiser perform a home inspection? And the #1 question…… What factors affect the appraised value?

Naturally, there are MANY more questions and items to cover in this class… And they will be addressed in an easy to understand, highly interactive class setting.

NYS Department of State Approved Course Codes: Appraiser: A-5558-04 4, Salesperson/Broker: M-16928-04

Instructor: Doug Vairo, Manfred Certified Instructor, since 1998, Doug Vairo has trained thousands of loan officers and real estate agents around the country. Doug has trained for companies such as, Countrywide, Capital One, Wells Fargo, Morgan Stanley, Exit Realty, Brooklyn Real Property, Staten Island Board of Realtors, Brooklyn Board of Realtors, Bronx Board of Realtors, Triple Play and countless other organizations.

Doug is the Director of New York School of Real Estate. The training school was opened as a result of the many positive testimonials received over the years. Doug has been called an ‘Entertrainer” or “Facilitrainer” by many students. He weaves fun and learning into a great experience. Doug has authored “Credit Smart” as well as a full blown “Loan Officer Training Boot Camp” that you are about to study here.

Look for the tips that Doug spreads out in this course. Some are silly, some may be funny, but all will help you understand the subject on a deeper level.

The webinar will be a live course and run the same times as the classroom course. You will be able to log in with any device that has internet access (We do recommend using a device with a large enough screen so you will be able to see the PowerPoint and course material clearly) The instructor will lead the class live, you will be able to ask questions and participate in class discussions all in real-time.

Webinar! Appraisals: How Values are Determined