The Philadelphia Chapter of the American Society of Appraisers will sponsor a four-hour Pennsylvania Appraisers/Assessors Class on Adjusting Comparable Sales for Seller Concessions on Wednesday, April 24, 2013 from 9:00 am-2:00 pm at The Willow Inn, 210 North York Rd, Willow Grove, PA 19090 (Telephone: 215-659-9980). The instructor will be Robert J. Luciani, ASA.
The class covers the content of the Appraisal Foundation’s APB Valuation Advisory #2: “Adjusting Comparable Sales For Seller Concessions.” The Advisory provides guidance on generally accepted methods and techniques of seller concession. The course will define sales concessions and financing concessions, explain how to verify concessions and when to adjust for them, review the methodology for calculating concessions, discuss concessions for non-residential comparables and how to deal with them when using the Cost Approach or the Income Approach.
The Pennsylvania State Board of Certified Real Estate Appraisers requires biennial recertification for State Licensed Appraisers and Assessors, with all certificates expiring on June 30 of odd-numbered years (6/30/13). Please register early for this mandatory class which qualifies for four hours of Continuing Education Credit for Pennsylvania Licensed Appraisers and Assessors.
Tuition for the class is $85 per person, which includes course materials, Continental Breakfast and a Buffet Lunch, and and may be paid by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number and email address, to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462. RSVP by email, phone (610-277-1366) or fax (610-277-1366).