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    Advanced Concepts & Case Studies

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    April 22-27, 2024 Nashville, TN
    Date
    April 22-27, 2024
    Sponsor
    Tennessee Chapter
    Sheraton Music City, 777 McGavock Pike Location
    Nashville, TN
    Instructor
    Rick L. Carlile, MAI, SRA
    Class Time
    35 hours
    Exam Time
    3 Hours
    No Longer Available
    View Pricing Options
    Classroom
    Topics:
    Valuation Approaches
    Continuing education
    Elevate your career
    Commercial
    Advanced Concepts & Case Studies
    Event Information

    Location:

    Sheraton Music City Hotel

    777 McGavock Pike 

    Nashville, TN 37214


    Registration: 7:30 a.m. central time

    Class Begins: 8:00 a.m. central time


    HOTEL RESERVATIONS: A special discounted nightly rate of $164.00 has been arranged for your stay at the Sheraton Music City Hotel.  Please click HERE to book your room reservation. 


    Please Note: Room reservations must be made by the cut-off date of March 22, 2024 in order to guarantee this rate.  Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date.  The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of March 22, 2024. 


    Parking: Parking at this hotel is available to students at a discounted rate of $5 per day.  If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in.  The hotel will give you a parking pass for the duration of your stay.  If you are attending this course as a day student, you will need to have your ticket validated each day. 


    Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m.  Please contact the hotel at 615-885-2200 to request shuttle service during these hours. 


    Tuition:

    Tuition includes a downloadable PDF of the class material.  It does not include a hard copy of the material.  If you want a hard copy of the material for this course mailed to you, you must pay an additional fee + the cost of shipping. 


    Course Material:

    Course material is automatically provided to ALL Students via the download option.  Please bring your computer or other device to class and have the downloaded material or printed copy of the material with you when you get to class.  If you would like to receive a printed copy of the course material, you will have an option during the registration processs to order it.

      **Students requesting printed material will be charged a material fee + Shipping in addition to the cost of tuition.  (Note: If you do not receive your material shipment in time for the course, please download or print a copy of the material from the "Education and Events" section of your AI Account). 


    There will be a charging station in the classroom for your device(s).  If you did not pay an additional fee to have the class materials shipped to you, you must DOWNLOAD the material for this class.


    Here is how to download our material for this class:

    Login to your Appraisal Institute Account at www.appraisalinstitute.org

    Once logged in, make sure to click the "My Account" button on the top right of the page.  It is a green button.

    Click "Education & Events" and then find the title of this class.

    You will be taken to a list of all the AI Classes you have attended.

    Find this class title...

    Click "View".

    You can download your material there. 


    There will not be hard copies of the material available for purchase or pickup on site.  You must come to class prepard with your material. 


    HOTEL RESERVATIONS: A special discounted nightly rate of $164.00 has been arranged for your stay at the Sheraton Music City Hotel.  Please click HERE to book your room reservation. 


    Please Note: Room reservations must be made by the cut-off date of March 22, 2024 in order to guarantee this rate.  Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date.  The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of March 22, 2024. 


    Parking: Parking at this hotel is available to students at a discounted rate of $5 per day.  If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in.  The hotel will give you a parking pass for the duration of your stay.  If you are attending this course as a day student, you will need to have your ticket validated each day. 


    Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m.  Please contact the hotel at 615-885-2200 to request shuttle service during these hours. 
    Course Description
    This course synthesizes the three approaches to value, examines their applications, and helps you apply basic and advanced valuation techniques. Case studies teach you how to address common but complex appraisal issues, including a leased fee not at market rent, a proposed property, a property in a market not at equilibrium, and a subdivision. The course emphasizes the need to test the reasonableness of all the conclusions in an appraisal.

    Note. This is primarily a synthesis course, not a review course. Like all advanced education courses sponsored by the Appraisal Institute, the course naturally reviews many concepts taught in previous courses. However, it includes some new material and does not include a complete overview of the other courses. Therefore, Advanced Concepts & Case Studies should not be considered an adequate review for the comprehensive exam. To prepare for the comprehensive exam, participants must review all four advanced education courses, as well as basic concepts from qualifying education for certified general real property appraisers.
    Read More
    Who Should Enroll
    • General real property appraisers who want to improve their ability to apply appraisal methods, techniques, and procedures
    • Candidates for Designation who are working toward an MAI designation
    AI CE Points
    Attend:
    275
    pts
    Attend & Pass Exam:
    375
    pts
    Pass Only:
    325
    pts
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    AZ QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
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    CO CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2024
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    CT CE 18 18 Classroom Classroom 08/17/2023 07/12/2026 AAL.001079
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    GA CE 38 35 3 Classroom Classroom 01/01/2024 08/16/2026 60542
    GA CE 35 35 Classroom Classroom 01/01/2024 08/16/2026 60544
    GA QE 38 35 3 Classroom Classroom 01/01/2024 08/16/2026 60542
    HI CE 40 37 3 Classroom Classroom 01/01/2024 12/31/2024 23-334
    HI CE 37 37 Classroom Classroom 01/01/2024 12/31/2024 23-334
    HI QE 40 37 3 Classroom Classroom 01/01/2024 12/31/2024 23-334
    IA CE 37 37 Classroom Classroom 08/17/2023 08/16/2026 A518-1144
    IA QE 40 37 3 Classroom Classroom 08/17/2023 08/16/2026 A518-1145
    ID CE 40 37 3 Classroom Classroom 08/17/2023 07/26/2024
    ID QE 40 37 3 Classroom Classroom 08/17/2023 07/26/2024
    IL CE 37 37 Classroom Classroom 01/01/2023 12/31/2024 575.010490
    IL QE 40 37 3 Classroom Classroom 01/01/2023 12/31/2024 573.000701
    IN CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    IN QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    KS CE 35 35 Classroom Classroom 01/01/2024 12/31/2024 156.C24.R
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    MI CE 35 35 Classroom Classroom 08/17/2023 09/05/2026 20 - 1103366
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    MN CE 35 35 Classroom Classroom 01/01/2024 10/31/2024 1006709
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    MO CE 35 35 Classroom Classroom 06/12/2023 08/16/2026
    MO QE 38 35 3 Classroom Classroom 06/12/2023 08/16/2026
    MS CE 35 35 Classroom Classroom 03/31/2023 07/27/2025 MAB#49815
    MS CE 38 35 3 Classroom Classroom 03/31/2023 07/27/2025 MAB#49815
    MS QE 38 35 3 Classroom Classroom 07/30/2023 07/27/2025 MAB #49815
    MT CE 38 35 3 Classroom Classroom 06/25/2023 06/13/2026 REA-CEC-REC-16800
    MT QE 38 35 3 Classroom Classroom 06/25/2023 06/13/2026 REA-CEC-REC-16800
    NC QE 40 37 3 Classroom Classroom 01/01/2024 12/31/2024
    ND CE 38 35 3 Classroom Classroom 10/18/2010 CE-201031
    ND QE 35 32 3 Classroom Classroom 10/18/2010
    NE QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    NH CE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024
    NH QE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024
    NJ CE 35 35 Classroom Classroom 08/17/2023 08/16/2026 2023-3428
    NJ QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 2023-3428
    NM CE 35 35 Classroom Classroom 08/17/2023 08/16/2026 4293
    NM CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 4293
    NM QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 4293
    NV CE 35 35 Classroom Classroom 11/01/2023 10/31/2024 CE.0009498-A
    NV QE 38 35 3 Classroom Classroom 10/01/2023 09/30/2024 PL.0008418-A
    NY CE 35 35 Classroom Classroom 01/01/2024 12/31/2024 A4424-28
    OH CE 38 35 3 Classroom Classroom 01/01/2024 12/31/2024 084400204A 22
    OH QE 48 35 3 Classroom Classroom 01/01/2012
    OH QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    OK CE 35 35 Classroom Classroom 08/17/2023 08/16/2026 811
    OK QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 674
    OR CE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024 APIN-C-0810-1821
    OR QE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024 APIN-Q-0821-8894
    PA CE 37 37 Classroom Classroom 02/12/2024 07/26/2024
    PA QE 40 37 3 Classroom Classroom 02/12/2024 07/26/2024
    PR CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    PR QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    RI CE 35 35 Classroom Classroom 08/17/2023 07/26/2024 REA.0002039-CE
    RI QE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024 REA.0002039-CE
    RI QE 38 35 3 Classroom Classroom 07/27/2024 08/16/2026 REA.0002094-CE
    SC CE 40 37 3 Classroom Classroom 09/01/2022 08/31/2024 CE1145
    SC QE 38 35 3 Classroom Classroom 09/01/2022 08/31/2024 AC .1145
    SD QE 38 35 3 Classroom Classroom 11/01/2022 01/05/2025 SD 588
    TN CE 35 35 Classroom Classroom 09/01/2022 10/31/2024 1437
    TN QE 38 35 3 Classroom Classroom 09/01/2022 10/31/2024 1437
    TX CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2025 TX Provider #:10 Course #: 43945
    TX QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 TX Provider #: 8038 Course #: 34718
    UT CE 35 35 Classroom Classroom 08/28/2023 08/31/2025 AC230830
    UT QE 38 35 3 Classroom Classroom 10/19/2020 06/30/2025 AQ230628
    VA CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    VA QE 38 35 3 Classroom Classroom 04/01/2022 08/31/2025 4006000909
    VT CE 38 35 3 Classroom Classroom 08/03/2021 07/10/2027
    VT QE 38 35 3 Classroom Classroom 08/03/2021 07/10/2027
    WA CE 35 35 Classroom Classroom 03/08/2024 08/16/2026 A24005445
    WA QE 38 35 3 Classroom Classroom 03/08/2024 08/16/2026 A24005445
    WI CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    WI QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    WV CE 37 37 Classroom Classroom 08/17/2023 07/26/2024
    WV QE 40 37 3 Classroom Classroom 08/17/2023 07/26/2024
    WY CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 141
    WY QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 141
    Course Objectives
    • Develop and reconcile the cost, income capitalization, and sales comparison approaches for a leased fee interest rent, including consistent treatment of property rights.
    • Recognize the typical relationships between yield rates on leased fee and fee simple estates, considering their varying risk.
    • Review proper procedures for developing a market-supported discounted cash flow analysis and apply them to practical examples.
    • Develop and reconcile the cost, income capitalization, and sales comparison approaches for a proposed property as is, upon completion, and upon stabilization.
    • Demonstrate a working knowledge of various methods of calculating a rent-up adjustment and a property rights adjustment.
    • Identify the demographic and economic data used to estimate an absorption period for a development project.
    • Develop and reconcile the cost, income capitalization, and sales comparison approaches for a property in a market not at equilibrium.
    • Conduct inferred and fundamental analysis based on data provided in case studies.
    • Develop and reconcile the cost, income capitalization, and sales comparison approaches for a subdivision.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:
    Yes. A pre-class, 2-hour online session.

    Equipment:

    • A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
    • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
    • For more information and a free review, click here.
    • For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
    • HP-12C calculator User's Manual.

    Additional Information:

    Course Materials Include:

    • Course Handbook (513 pp.)
    • Solutions Booklet (110 pp.)
    • Case Study Booklet (86 pp.)
    • Self-Study Problems (40 pp.)

    Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; and course equivalencies.

    Designated members, Candidates for Designation and Practicing Affiliates will receive the discounted AI Price for the MAI designation courses: Advanced Income Capitalization, Advanced Market Analysis and Highest Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will pay full price.
    For more information on how to become a Candidate for Designation, click here.

    Important Note: Mandatory Diagnostic Test
    Before enrolling in this or any other MAI designation course, you must take a diagnostic test. The Excel diagnostic tests your mastery of solving appraisal problems using spreadsheets. This diagnostic test was intentionally designed to be challenging and ensure participants have adequate Excel skills before taking MAI designation courses. For more information, check out the Diagnostic FAQ.

     

    Excel is used extensively in the MAI designation courses; it is highly recommended that you know how to perform the necessary appraisal functions in Excel to succeed in this course.

    The diagnostic test is free and can be taken at any time on your personal computer. To register for the test, please click here.

    This course implements a blended learning approach, which includes:
    • A pre-class, 2-hour online session
    • 35 hours of traditional classroom education
    • A 3-hour exam on the 6th morning.

    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

    Requirements:

    • Microsoft Excel 2007 or 2010 must be loaded and operational (external mouse recommended). (You may use other spreadsheet programs, but those programs won’t be supported in class; demonstrations will be done in Excel.)     
    • Do not enroll expecting to be taught how to use Excel. 
    Prerequisites
    Required:
    Recommended:
    Course Materials & Recommended Books
    Pricing Options
    Rate
    Have Exam Questions?
    Exam FAQ
    Additional Course Offerings
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    Appraisal Institute October 21-31, 2024 Synchronous View Details Register
    Event Information

    Location:

    Sheraton Music City Hotel

    777 McGavock Pike 

    Nashville, TN 37214


    Registration: 7:30 a.m. central time

    Class Begins: 8:00 a.m. central time


    HOTEL RESERVATIONS: A special discounted nightly rate of $164.00 has been arranged for your stay at the Sheraton Music City Hotel.  Please click HERE to book your room reservation. 


    Please Note: Room reservations must be made by the cut-off date of March 22, 2024 in order to guarantee this rate.  Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date.  The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of March 22, 2024. 


    Parking: Parking at this hotel is available to students at a discounted rate of $5 per day.  If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in.  The hotel will give you a parking pass for the duration of your stay.  If you are attending this course as a day student, you will need to have your ticket validated each day. 


    Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m.  Please contact the hotel at 615-885-2200 to request shuttle service during these hours. 


    Tuition:

    Tuition includes a downloadable PDF of the class material.  It does not include a hard copy of the material.  If you want a hard copy of the material for this course mailed to you, you must pay an additional fee + the cost of shipping. 


    Course Material:

    Course material is automatically provided to ALL Students via the download option.  Please bring your computer or other device to class and have the downloaded material or printed copy of the material with you when you get to class.  If you would like to receive a printed copy of the course material, you will have an option during the registration processs to order it.

      **Students requesting printed material will be charged a material fee + Shipping in addition to the cost of tuition.  (Note: If you do not receive your material shipment in time for the course, please download or print a copy of the material from the "Education and Events" section of your AI Account). 


    There will be a charging station in the classroom for your device(s).  If you did not pay an additional fee to have the class materials shipped to you, you must DOWNLOAD the material for this class.


    Here is how to download our material for this class:

    Login to your Appraisal Institute Account at www.appraisalinstitute.org

    Once logged in, make sure to click the "My Account" button on the top right of the page.  It is a green button.

    Click "Education & Events" and then find the title of this class.

    You will be taken to a list of all the AI Classes you have attended.

    Find this class title...

    Click "View".

    You can download your material there. 


    There will not be hard copies of the material available for purchase or pickup on site.  You must come to class prepard with your material. 


    HOTEL RESERVATIONS: A special discounted nightly rate of $164.00 has been arranged for your stay at the Sheraton Music City Hotel.  Please click HERE to book your room reservation. 


    Please Note: Room reservations must be made by the cut-off date of March 22, 2024 in order to guarantee this rate.  Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date.  The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of March 22, 2024. 


    Parking: Parking at this hotel is available to students at a discounted rate of $5 per day.  If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in.  The hotel will give you a parking pass for the duration of your stay.  If you are attending this course as a day student, you will need to have your ticket validated each day. 


    Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m.  Please contact the hotel at 615-885-2200 to request shuttle service during these hours.