ABoR: How Big is the House: Understanding Square Footage

Course #42830 | Provider #1 Texas REALTORS® (CE) | 2 CE Hours

When marketing a house, the consumers and license holders want to provide the best information possible. There are several methods to calculate square footage. If there is a guest house, how is that accounted for? This course will explore three methods for calculating size of improvements. Recently, Fannie Mae has stated that real property appraisers should use ANSI standards which causes additional confusion. This course will identify the differences between each of the methods and how this may affect marketing a property. Consumers and license holders need to understand each position. This course will provide explanations and possible solutions for dealing with this confusion.