In this webinar episode on Grouped Data, Tim Andersen and Scott Cullen cover the advantages and perils of calculating grid adjustments using the recognized technique of Grouped Data.
Grouped Data works well for Market-to-Market adjustments, but not so well for others! We will show you why.
According to the GSEs, Market-to-Market adjustments are crucial to avoid bias in property valuation. In this 90 minute, NON-CE webinar, Scott and Tim will show you how to document an adjustment or, more importantly, show why you DID NOT make one.
This webinar includes an Excel workbook that calculates Grouped Data adjustments and applies an annual rate of change to the comps in your grid.
Aired on Thursday, April 18th, 2024 from 10AM – 11AM Central Time.
Course Author
Scott Cullen is a boots-on-the-ground Certified Residential appraiser from Minneapolis / St Paul with over 20 years of experience. He is a cofounder of Solomon, a suite of cloud-based calculators that help over 500 appraisers daily to quickly support their adjustments using the recognized technique of depreciated cost analysis.
His calculators come with licensed cost data built-in, making it easy and economical to support your sales grid adjustments. Beyond grid adjustments, Solomon supports other assignment results such as effective age, remaining economic life and site value.
Course Instructor
Tim Andersen is an AQB Certified USPAP Instructor, consultant, and reviewer. He also does commercial real estate appraisal and Florida tax appeal work. He travels throughout the US teaching USPAP, and is an Approved Instructor for the Appraisal Institute. Have PowerPoint, Will Travel. Besides all facets of commercial real estate appraisal, other areas of expertise include writing, producing, and presenting webinars on all areas of real estate appraisal.
Specialties: Appraisal Institute member, designated as an MAI, Master of Science degree in Real Estate Appraisal , AQB Certified, USPAP Instructor, State Certified General Real Estate Appraiser, Instructor with the Appraisal Institute, Experienced Public Speaker
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