What You’ll Learn
By the end of this course, you’ll be able to:
Explain the requirements of USPAP, the Fannie Mae Selling Guide, and the HUD Handbook 4000.1.
Identify what appraisers look for during a property inspection and apply ANSI measuring standards.
Recognize market factors (inventory, external influences, functional/external obsolescence) that impact value.
Interpret appraisal reports, including comparable searches, adjustments, and reconciliation techniques.
Understand quality and condition (Q & C) ratings and their effect on valuation.
Communicate effectively with appraisers to support fair and accurate reports.
Course Topics
This course is structured into four sections:
Appraisal Requirements
USPAP rules & standards
Fannie Mae Selling Guide guidance
FHA & USDA appraisal requirements (HUD 4000.1)
Inspection & Measurement
ANSI measurement standards
Property inspection requirements
How market analysis influences value
Reporting & Adjustments
Anatomy of an appraisal report
Comparable search, bracketing, price per square foot
Certifications, C & Q ratings
Reconciliation
Understanding adjusted sale prices
“As is,” “subject to repairs,” and “subject to completion” scenarios
Who Should Enroll?
Perfect for brokers who want to:
Better understand how appraisals impact deals
Communicate confidently with appraisers and clients
Spot potential valuation issues before they derail a closing