This course will provide both the novice assessor and the seasoned professional with a review of the basic procedures that should be followed when Real Estate Transfer Declarations are received in their offices. Procedures covered include: most common editing techniques, purpose of edits, component parts of the RETD, relevance to the assessment office, and use of RETDs in the appraisal process. Students will perform simple sales ratio studies including the development of ratios, coefficients of dispersion, and the price related differential. Statistical interpretation and application of the analytical results for reassessment purposes, job evaluation, and public awareness will conclude the course.
Hours: 15 CE Hours