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Business Practices and Ethics
Friday, September 18, 2020, 8:00 AM - 5:00 PM EDT
Category: Education

Virtual Business Practice and Ethics Course is on September 18, 2020 via Zoom Meeting. This course is NCAB (6 credit hours) and NCREC (4 credit hours) approved.

ACTION REQUIRED: Students will need to send a photo (ex: driver license photo) to [email protected] after registering for the course. The instructor will be verifying photo identification of students during roll call at the beginning and throughout the class. This is a NCAB requirement and you will not receive credit if we do not have a photo to verify your identification with.

IMPORTANT: Our instructor must be able to see you and you must be able to see the instructor. Zoom Meeting allows student/instructor interaction through the video and the chat function. This is a NCAB requirement and you will not receive credit if you do not have video capabilities to see the instructor/allow the instructor to see you.

Zoom Dial-In information will be sent closer to September 18. 

Click Here to Register

Registration Deadline: COB Wednesday, September 16

Business Practices and Ethics is an important course that provides information about standards and ethics requirements for valuers in general and, more specifically, for valuers who belong to the Appraisal Institute. Through discussion questions and examples, the class compares behavior and actions that illustrate violations of the Code of Professional Ethics, and participants learn how referrals can be made. Participants are also introduced to the Appraisal Institute Guide Notes to the Standards of Professional Practice and use these Guide Notes to resolve everyday appraisal practice problems. At the end of the course, they learn about common errors in appraisal reports and review reports, and they respond to questions about challenges that arise in appraisal practice such as requests for updates and requests to change or add intended users. These are common business practice issues that appraisers encounter in various assignments, including mortgage lending, litigation, and property tax appeal. Other real-life scenarios in the course illustrate less common business practice issues such as an appraiser’s obligation when illegal or criminal behavior is observed.

The content emphasizes: 

  • Business practices issues, such as how to respond to seemingly unreasonable requests, how to address client pressure, and how to approach a complex assignment 
  • Which standards apply to Appraisal Institute Designated Members, Candidates for Designation, Practicing Affiliates, and Affiliates, and when they apply 
  • The key principles of the Standards of Valuation Practice 
  • How to identify and avoid behavior that violates the Standards of Valuation Practice 
  • The correct way to use the Appraisal Institute's designations, emblems, and logo 
  • Understanding the Appraisal Institute's enforcement process

Instructor: John Bosworth, MAI, SRA

Since 1984, John Bosworth, MAI, SRA has been involved in many facets of the real estate business. Bosworth holds the MAI and SRA appraisal designations awarded by the Appraisal Institute and is a State Certified General Real Estate Appraiser in North Carolina and South Carolina. In a related real estate capacity, Bosworth is also a licensed North Carolina Real Estate Broker and is a Realtor member of the Charlotte Region Commercial Board of Realtors. Bosworth is a Senior Managing Director for Valbridge Property Advisors | Charlotte Metropolitan Area.