10/20/2026
The Great Lakes Chapter will be offering 4 companion courses to the new URAR next week. If you already, registered - thank you! If you haven't, please see what is available next week:
Reporting Market Analysis and Better Understanding the New URAR October 26, 2026 9:15AM
Course Description
The new Uniform Residential Appraisal Report (URAR) challenges appraisers to deliver a report in a confident manner to clients with a credible analysis that meets the minimum reporting requirements of the Government-Sponsored Enterprises (GSEs). Unlike the existing 1004 report form, the new URAR places more emphasis on supporting and reporting a thorough market analysis for the subject property. In the past, appraisers often kept the market analysis support in the workfile. Going forward, support is expected within the appraisal report.
Reporting Market Analysis and Better Understanding the New URAR is a four-hour program that focuses on lending assignments for residential properties using the new URAR. Appraisers who are not well versed in completing a thorough and credible market analysis will find this program to be most helpful. The program will also be a good refresher for the experienced appraiser and the reviewer of residential reports.
Supporting Adjustments and Reporting the Sales Comparison Approach in the New URAR
October 26, 2026 Time 1:30PM - 4:30PM (EST)
Course Description
The new Uniform Residential Appraisal Report (URAR) challenges appraisers to deliver a report in a confident manner to clients with a credible analysis that meets the minimum reporting requirements of the Government-Sponsored Enterprises (GSEs). The new URAR requires that support for adjustments be included directly in the appraisal report, so residential practitioners need to understand the expectations of the GSEs and underwriters around these topics.
Supporting Adjustments and Reporting the Sales Comparison Approach in the New URAR is a three-hour program that focuses on an effective manner of developing and supporting the sales comparison approach section of the new URAR. Case studies will represent real-world residential appraisal valuation problems and the multiple qualitative and quantitative ways that each of the major adjustments in a residential sales grid can be supported. Since the applicable and appropriate techniques for any specific adjustment usually produce some variation in the indicated contributory value, the art and science of reconciliation will also be emphasized through repeated application. The program will be valuable for residential appraisers to strengthen their proficiency in both the sales comparison approach and in supporting the adjustments used in the sales grid. The program will also be valuable for reviewers of residential reports.
Analyzing Defects, Damages, and Deficiencies in the New URAR
October 27, 2026 9:15AM - 12:15PM (EST)
Course Description
Analyzing Defects, Damages, and Deficiencies in the New URAR is a three-hour program that provides a comprehensive review of the defects, damages, and deficiencies sections of the new URAR. Participants will gain a thorough understanding of how to identify, analyze, and document various property issues that can impact the value and marketability of residential properties. The program covers the definitions and distinctions between damages, defects, and deficiencies, along with practical techniques for analyzing these issues. Additionally, learners will explore the implications of these property conditions on appraisal assignments, including legal and ethical considerations. By the end of the program, participants will be equipped with the knowledge and skills necessary to accurately report and address property damages, defects, and deficiencies in accordance with industry standards.
Analyzing and Reporting the Income Approach in the New URAR
October 27, 2026 1:00PM - 4:00PM
Program Description
The new Uniform Residential Appraisal Report (URAR) includes an income approach section that may present specific “problem” areas in the reporting of 2-to-4-unit properties. Specifically, the practitioner may be confused given the different manner in which property characteristics and market area characteristics are defined, described, and analyzed.
Analyzing and Reporting the Income Approach in the New URAR is a four-hour program. Using practical case studies, this program will allow residential appraisers to enhance their proficiency with the income approach as reported in the new URAR, whether they have plentiful market data, very little market data, or confusing market data. Appraisers who are not well versed in completing a thorough and credible income approach will find this program to be most helpful. The program will also be a good refresher for the experienced appraiser and the reviewer of residential reports.
Bundle prices are available and found on the Appraisal Institute website.
The new Uniform Residential Appraisal Report (URAR) challenges appraisers to deliver a report in a confident manner to clients with a credible analysis that meets the minimum reporting requirements of the Government-Sponsored Enterprises (GSEs). Unlike the existing 1004 report form, the new URAR pla...
