NEW Discipline Specific Arm Designation
by JACK YOUNG, ASA–MTS/ARM,CPA .
Did you know that you can now add an ARM designation to your existing ASA designation? And you can easily use your required reaccreditation CE hours to get this designation that will add real value to your appraisal practice. Simply take ARM 201-overview and ARM 204-application, pass the exams, and then turn in a demonstration report and application. Upon approval of the demonstration report you will be accredited for ARM in your existing discipline(s).
An ARM designation leads to expanded income opportunities for litigation, loan underwriting, insurance losses, family law matters and many other areas. Attendees of ARM classes overwhelmingly agree that at the very least, the classes help them understand the process of how their report may be reviewed, resulting in their producing much better appraisal reports.
These ARM classes are taught in a dialogue education style that honors the knowledge and experience of the attendees, incorporating their professional contributions into the curriculum. Students enthusiastically report that dialogue with other appraisers in the ARM classes has resulted in some of the best appraisal education that they’ve ever received.
ARM 201 Appraisal Review and Management Overview:
Class focuses on review of basic appraisal terms, uses of the ARM designation, how to avoid defamation, discussion of USPAP Standard 3, logical fallacies, and review of other appraisal standards (IVS, SSVS, etc.). In-class exercises guide you in constructing clear and concise arguments to support your findings while avoiding defamation. Students will review several reports for specific issues including scope of work, ethics, competency, and logic. Students share their finding with the class creating a rich and valuable dialogue with fellow appraisers.
ARM 204 Appraisal Review and Management Application:
Hands-on Appraisal review report writing class. Students bring reports to review (typically not their own) which will become the work under review for their demonstration report. The topics covered in ARM 201 will be discussed in great detail while students review the reports under review and begin to prepare their demonstration report. Students share their findings and how they have specifically worded their argument in support of their findings in an objective way that does not leave the reviewer open to allegations of defamation. Students find great value in the discussion focused on specific findings in the reports they have brought to class. By the end of the class, each student will have the practical application knowledge of the appraisal review and review report writing, including most of the components needed to assemble their demonstration report for submission for advancement. Appraisal management topics of record keeping, working with other appraisers and report signing are also covered.
Both classes are 3 days long with the exam on the 4th day. Classes must be taken sequentially.
NEWS FROM OUR EVENTS
The February 23 chapter meeting addressed a “Macro-Economic View of the World for 2017” with Professor Michael Lehman, Ph.D., Faculty Emeritus, University of San Francisco. Dr. Lehman guided a “step back” review and discussion of macro-economic history and what we can learn from the past as we seek to navigate the economic road ahead.
Two members received their ASA certificates and the congratulations of the chapter.
<Cameron Hendricks, ASA-BV received his ASA certificate, presented ASA NorCal Business Valuation Chair, Joe Orlando.
>Anirudh Rekulapalli, ASA-MTS was presented his ASA certificate by Past President Garrett Schwartz.
|