Appraisers who want to familiarize themselves with the Residential Measurement Standard (RMS) can now access and enroll in the Real Estate Update 2017 (Residential/Rural) course. This new course covers all aspects of the RMS.
Real estate appraisal professionals are not required to complete this course, but it may be of interest to residential property appraisers. Real estate appraisal professionals may want to use the RMS to measure a subject property when the size of the comparable properties has been calculated using the RMS.
The course is available online, free-of-charge through your myRECA account under Education/Course Catalogue. AIC and CNAREA are giving their members 5 CPD Credits for this course.
The course is divided into six sessions, which enables you to complete it in segments; it takes about five hours to complete the entire course. You can complete it using a computer or a mobile device; just review the online material, view the videos, and complete the activities.