17 Dec December 2026 Industry Update: Assessment and Appraisal: Making Sense/Cents of Property Value December 2026 Industry Update: Assessment and Appraisal: Making Sense/Cents of Property Value Thursday, December 17, 2026 (9:30 AM to 12:00 PM) 2 Education Credits GMM Details You're Registered! DescriptionLocation December 2026 Industry Update Assessment and Appraisal: Making Sense/Cents of Property Value Date December 17, 2026 Time 9:30 a.m. - 12:00 p.m. Cost Members [FREE] | Nonmembers [$35] Education Sponsorship: [$350] Description Property value is one of the most misunderstood concepts in a real estate transaction. This session brings together two subject-matter experts to address it from both sides. Liz Tobias covers how assessed value is determined and updated, how improvements and permits affect it, and what REALTORS® should know about the tax appeal process and Principal Residence Exemption. Beth Graham addresses how appraisal, market value, and contract price differ, what appraisers look for, and how REALTORS® can support the appraisal process without compromising its integrity. Together, they give members a practical framework for one of the most technically complex aspects of property ownership and transfer. What You'll Learn ✓ Explain how assessed value is determined in Michigan and how it is updated over time. ✓ Explain the Principal Residence Exemption, including eligibility requirements and how it affects a seller’s tax obligation. ✓ Distinguish between assessed value, market value, appraised value, and contract price — and explain why they differ. ✓ Apply best practices for supporting the appraisal process as a REALTOR®, including appropriate documentation and communication, without compromising appraiser independence Instructors Beth Graham Certified Residential Appraiser Liz Tobias Delhi Township Appraiser Continuing Education Continuing education, if applicable, will be awarded as follows: [2] elective real estate continuing education credits (140550) [2] hours of Appraisal continuing education (20-1413693) Continuing education is regulated by the State of Michigan, and it is important for licensed agents to comply with the law. Event Details Procedures: Attendees will be provided access to a QR code to scan into and out of the event. Kindly complete the form in its entirety both at the beginning and end of the session. Please note that only one submission per email address is allowed. Thank you for your cooperation. Photography: The Greater Lansing Association of REALTORS® will have a photographer onsite during this event. Photos and/or video may be used in print and digital communications. Need to log in? Use the orange Log In button at the top of this page. If you have any concerns, please contact [Staff Name] at 517-323-4090.