Overview:
This 15 hour online program will focus on the mechanics of demonstration appraisal report writing and will help ensure that the appraiser's presentation is logical and understandable. The seminar also provides an extensive examination of the cost, sales comparison and income capitalization approaches; highest and best use; reconciliation and the final value opinion. Associate members of the Appraisal Institute are encouraged to attend the seminar before beginning their demonstration report. (Attendance is mandatory for those associates who have never taken the seminar and need to review and resubmit their demo report.) Designated members are encouraged to attend at any time. Students are allowed six months to complete the class.
Syllabus:
Module 1: Demonstration Appraisal Report Overview
Module 2: Choosing the Right Subject Property
Module 3: Graphics and Exhibits
Module 4: Outline of a Typical Demonstration Appraisal Report
Module 5: Introductory Information
Module 6: Descriptions, Anaysis, Value Options
Module 7: Neighborhood Analysis
Module 8: Tax and Assessment Analysis
Module 9: Site Data and Analysis
Module 10: Improvement Analysis
Module 11: Highest and Best Use
Module 12: Valuation Process
Module 13: Cost Approach: Site Valuation
Module 14: The Cost Approach
Module 15: Sales Comparison Approach
Module 16: Income Capitalization Approach
Module 17: Reconciliation and Final Value Opinion
Module 18: Certification Through Addenda
Learning Objectives:
Provide a better understanding of the residential demonstration report.
Learn what helps make a good demonstration report.
Further understand the cost, sales comparison and income capitalization approaches.
Know how the highest and best use relates to the demonstration report.
Further understand reconciliation and the final value opinion.
AI CE Credit for Designated and Associate Members
This program is approved for 1 hour of Appraisal Institute CE credit for every hour taken.
