Moore Appraisal Education

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Fax: 402.805.4104
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Understanding and Using Comparable Transactions

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Course Information:

Understanding and Using Comparable Transactions

NRPAB approval #2151402.04. 7 Hours continuing education.   100% attendance is required.

The analysis of real estate transactions is a critical component in the valuation of real property. Appraisal
methodology and techniques are based on the comparison of data. Market analysis, highest and best use
analysis, and the three approaches to value—the sales comparison approach, the cost approach, and the income
approach—are developed based on the comparison of data. The proper recognition and identification of what
is a comparable, why it has been selected as a comparable, and how the comparable is used is critical to the
appraisal process.

Appraisers use comparable property information everyday. Often they are used without appraisers consciously
thinking of the reasons behind their selection and use.

Improving an appraiser’s ability to effectively analyze and select relevant comparable properties will result in
better supported, more believable and persuasive appraisals and appraisal reviews. Additionally, an enhanced
understanding of the process of selecting and analyzing properties that possess characteristics that may be
useful for comparative purposes enables an appraiser to more clearly explain and support the analysis in an
appraisal report. Lastly, users of appraisal services will be able to better assess the credibility of an appraiser’s

This seminar is designed to enhance the understanding and use of comparable properties. It does not address
the use of comparables in every valuation situation that may exist. Many situations are beyond the scope of
this presentation. If time permits the instructor will try to answer questions about specific methodology and
techniques. If questions are not able to be answered, students are encouraged to pursue an appropriate course
covering that aspect of valuation.

The primary provider of this course is IAAO.

NRPAB approval #2151402.04.  The course is approved by the Nebraska Real Property Appraiser Board (NRPAB)

The NRPAB approval of this course is honored by the Nebr. Real Estate Commission for Continuing Ed. for sales persons and brokers.  The NRPAB approval of this course is honored by the Nebr. Dept of Revenue for Continuing Ed. for Assessor re-certification.

Appraisers in other states may be eligible to receive continuing education credit and they should check with their state appraiser board.

Moore Appraisal Education is owned and operated by The Moore Group, Inc.  The Moore Group, Inc. is authorized to operate by the Nebraska Department of Education under the provisions of Sections 85-1601 - 85-1658.

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