The essential relationships between market analysis, highest and best use, the three approaches to value, and the final value opinion are covered in this AQB-approved course. You’ll recognize that market analysis is integral to highest and best use, and that highest and best use is integral to market value. You’ll also learn how to produce credible results in appraisal to develop opinions of market value. Finally, by the end of the course, you’ll be able to answer these three significant questions:
- What information is needed to test for highest and best use?
- Where is this information found?
- How is this information applied?
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AICP members may be able to earn Certification Maintenance (CM) credits for this activity. Visit
www.planning.org/cm for a list of approved offerings. |
Note. Currently, members seeking the MAI designation are required only to pass General Appraiser Market Analysis & Highest and Best Use. This course replaced Highest & Best Use and General Market Analysis (course 520). Starting January 2010, members seeking the MAI designation will be required to pass the exams for two courses: General Appraiser Market Analysis & Highest and Best Use (for Level I education OR be general certified), AND Advanced Market Analysis (for Level II advanced MAI education).
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Program Overview
Table of Contents and Overview [PDF] 
Course Schedule [PDF]
Student Memo [PDF]
Recommended Text
The Dictionary of Real Estate Appraisal, 4th ed.
Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use
The Appraisal of Real Estate, 13th ed.
Ordering Information
To order books and other materials go to
our store
Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.
Required Equipment
HP12C calculator user's manual
You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator.
Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems; and Financial Calculator Practice Exercises
For additional help with the HP12C calculator, take our online seminar, Using Your HP12C Financial Calculator.
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Appraisal Institute Credit Hours
30 hours (including 2-hour exam)
Prerequisites
Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures is required.
Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.
Additional recommended coursework:
General Appraiser Income Approach/Part I
Who Should Enroll
Beginning appraisers seeking general appraiser state certification and experienced appraisers who wish to develop and enhance their market analysis skills, property tax assessors, housing and land use specialists within government agencies, lenders and investors, and review appraisers.
Click here for state approvals
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Class Schedule & Locations |
12/07/2009 - 12/10/2009
Location: Ft. Lauderdale, FL
Click here for location details
Sponsor: South Florida
Contact: Judy Curtis, (954) 229-0499
Instructor: Parli, Richard L., MAI & Dunham, Robert W., MAI, SRA
02/15/2010 - 02/18/2010
Location: Houston, TX
Click here for location details
Sponsor: Houston
Contact: Ginger Coleman, (713) 668-1757
Instructor: Kirby, Thomas R., MAI, SRA & Wright, Larry T., MAI, SRA
02/19/2010 - 02/27/2010
Location: Piscataway, NJ
Click here for location details
Sponsor: Metro New Jersey
Contact: Debra Miller, (732) 494-4716
Instructor: Scribner, Ph.D., David, MAI, SRA & Hedden, Michael P., MAI
02/24/2010 - 02/27/2010
Location: Tigard, OR
Click here for location details
Sponsor: Greater Oregon
Contact: Vicki Champ, (503) 316-1979
Instructor: Larrabee, Matthew, MAI & Pending, Instructor
03/01/2010 - 03/04/2010
Location: Atlanta, GA
Click here for location details
Sponsor: Atlanta Area
Contact: Suzanne Brockway, (770) 803-0024
Instructor: Dunham, Robert W., MAI, SRA & Vernor, PhD, James D., MAI
04/19/2010 - 04/22/2010
Location: Plano, TX
Click here for location details
Sponsor: North Texas
Contact: Ruth Kelton, (972) 233-2244
Instructor: Amorin, Jim, MAI, SRA & Massey, Jay M., MAI, SRA
04/27/2010 - 04/30/2010
Location: Indianapolis, IN
Click here for location details
Sponsor: Hoosier State
Contact: Shannon O'Keefe, (317) 815-1340
Instructor: Rattermann, Mark R., MAI, SRA
06/16/2010 - 06/19/2010
Location: San Diego, CA
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Sponsor: San Diego
Contact: Patti Kreutzer, (858) 292-7324
Instructor: Foss, Maxson Wayne, MAI & Pending, Instructor
06/22/2010 - 06/25/2010
Location: Oakland, CA
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Sponsor: Northern California
Contact: Lisa Estes / Pat Moore, (925) 932-7753
Instructor: DeWeese, Gary S., MAI & Pending, Instructor
07/13/2010 - 07/16/2010
Location: Clive, IA
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Sponsor: Iowa
Contact: Wayne Hennessey, (515) 971-5285
Instructor: Muenks, Rick J., MAI & Ramsey, Ranney L., MAI
08/11/2010 - 08/15/2010
Location: Houston, TX
Click here for location details
Sponsor: Houston
Contact: Ginger Coleman, (713) 668-1757
Instructor: Wright, Larry T., MAI, SRA & Pending, Instructor
08/16/2010 - 08/19/2010
Location: Garden Grove, CA
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Sponsor: Southern California
Contact: Zouka Rosen, (818) 957-5111x21
Instructor: Foss, Maxson Wayne, MAI & Pending, Instructor
08/24/2010 - 08/27/2010
Location: Aurora, CO
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Sponsor: Colorado
Contact: Sherry Engleberg, (303) 691-0487
Instructor: Kirby, Thomas R., MAI, SRA & Pending, Instructor
10/27/2010 - 10/30/2010
Location: Conshohocken, PA
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Sponsor: Philadelphia Metropolitan
Contact: Robin Selkin, (610) 238-0535
Instructor: Hedden, Michael P., MAI & Urubek, John H., MAI
11/01/2010 - 11/04/2010
Location: Indianapolis, IN
Click here for location details
Sponsor: Hoosier State
Contact: Shannon O'Keefe, (317) 815-1340
Instructor: Mann, George R., MAI, SRA
11/01/2010 - 11/04/2010
Location: Plano, TX
Click here for location details
Sponsor: North Texas
Contact: Ruth Kelton, (972) 223-2244
Instructor: Fanning, Stephen F., MAI & Wright, Larry T., MAI, SRA
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