General Appraiser Market Analysis and Highest & Best Use
Register
- Date
- On Demand
- Sponsor
- Appraisal Institute
- Location
- On-Demand Online Education
- Instructor
- Don R. Scheidt, MAI, SRA
Larry T. Wright, MAI, SRA, AI-GRS - Class Time
- 28 hours
- Exam Time
- 2 Hours
- Full Price
- $595.00
- AI Price
- $490.00
Course Description
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.
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Who Should Enroll
- Beginning appraisers seeking general real property appraiser certification
- Experienced appraisers who wish to develop and enhance their market analysis skills
- Property tax assessors
- Housing and land use specialists within government agencies
- Lenders
- Investors
- Review appraisers
AI CE Points
Attend:
175
Attend & Pass Exam:
225
Pass Only:
200
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|---|
| AK | CE | 30 | 28 | 2 | Online | Online | 01/29/2023 | 11/15/2025 | 19157 |
| AK | QE | 30 | 28 | 2 | Online | Online | 01/29/2023 | 11/15/2025 | 19157 |
| AR | CE | 30 | 28 | 2 | Online | Online | 03/04/2024 | 03/03/2026 | AI063 |
| AR | QE | 30 | 28 | 2 | Online | Online | 03/04/2024 | 03/03/2026 | AI063 |
| AZ | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| AZ | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| CA | CE | 28 | 28 | Online | Online | 12/22/2021 | 12/21/2025 | 13CP754601088 | |
| CA | QE | 30 | 28 | 2 | Online | Online | 12/22/2021 | 12/21/2025 | 13CP754601088 |
| CO | CE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/15/2025 | 2295 |
| CO | QE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/15/2025 | 2295 |
| CT | CE | 18 | 18 | Online | Online | 11/19/2022 | 11/19/2025 | AAL.000998 | |
| CT | QE | 30 | 28 | 2 | Online | Online | 11/19/2022 | 11/19/2025 | APR.000280 |
| DC | CE | 28 | 28 | Online | Online | 02/29/2024 | 02/28/2026 | ||
| DC | QE | 30 | 28 | 2 | Online | Online | 02/29/2024 | 02/28/2026 | |
| DE | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| DE | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| FL | CE | 20 | 20 | Online | Online | 07/28/2023 | 07/27/2025 | 0009440 | |
| FL | QE | 30 | 28 | 2 | Online | Online | 07/28/2023 | 07/27/2025 | 0009440 |
| GA | CE | 28 | 28 | Online | Online | 11/16/2022 | 11/15/2025 | 64676 | |
| GA | QE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/25/2025 | 64675 |
| HI | CE | 30 | 28 | 2 | Online | Online | 01/01/2024 | 12/31/2024 | 23-401 |
| HI | QE | 30 | 28 | 2 | Online | Online | 01/01/2024 | 12/31/2024 | 23-401 |
| IA | CE | 28 | 28 | Online | Online | 11/16/2022 | 11/15/2025 | A518-1176 | |
| IA | CE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/15/2025 | A518-1178 |
| IA | QE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/15/2025 | A518-1177 |
| ID | CE | 30 | 28 | 2 | Online | Online | 10/26/2022 | 11/15/2025 | 8750 |
| ID | QE | 30 | 28 | 2 | Online | Online | 10/26/2022 | 11/15/2025 | |
| IL | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2024 | 575.001913 | |
| IL | QE | 30 | 28 | 2 | Online | Online | 01/01/2023 | 12/31/2024 | 573.000620 |
| IN | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| IN | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| KS | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | 191.C24.R | |
| KS | QE | 30 | 28 | 2 | Online | Online | 01/01/2024 | 12/31/2024 | 310.P24.R |
| KY | CE | 30 | 28 | 2 | Online | Online | 07/01/2024 | 05/30/2025 | |
| KY | QE | 30 | 28 | 2 | Online | Online | 07/01/2024 | 05/30/2025 | |
| LA | CE | 28 | 28 | Online | Online | 11/06/2023 | 11/15/2025 | A0232 | |
| LA | QE | 30 | 28 | 2 | Online | Online | 12/19/2013 | 11/15/2025 | A0232 |
| MA | QE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/15/2025 | 120155 |
| MD | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| MD | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| ME | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| ME | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| MI | CE | 28 | 28 | Online | Online | 11/15/2022 | 11/15/2025 | 20-938631 | |
| MI | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 20-938689 |
| MN | CE | 30 | 28 | 2 | Online | Online | 08/01/2023 | 07/31/2025 | 1018762 |
| MN | QE | 30 | 28 | 2 | Online | Online | 08/01/2023 | 07/31/2025 | 1018761 |
| MO | CE | 28 | 28 | Online | Online | 10/25/2022 | 11/15/2025 | ||
| MO | QE | 30 | 28 | 2 | Online | Online | 10/25/2022 | 11/15/2025 | |
| MT | CE | 28 | 28 | Online | Online | 11/15/2022 | 11/15/2025 | REA-CEC-REC-15855 | |
| MT | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | REA-CEC-REC-15855 |
| NC | QE | 30 | 28 | 2 | Online | Online | 01/01/2024 | 12/31/2024 | |
| ND | QE | 30 | 28 | 2 | Online | Online | 02/27/2014 | QE-214001S | |
| NE | QE | 30 | 28 | 2 | Online | Online | 07/25/2019 | 1192465.02 | |
| NH | CE | 30 | 28 | 2 | Online | Online | 12/15/2022 | 11/15/2025 | |
| NH | QE | 30 | 28 | 2 | Online | Online | 12/28/2023 | 11/05/2025 | |
| NJ | CE | 28 | 28 | Online | Online | 01/19/2022 | 2022-3438 | ||
| NJ | QE | 30 | 28 | 2 | Online | Online | 01/19/2022 | 2022-3438 | |
| NM | CE | 30 | 28 | 2 | Online | Online | 09/25/2023 | 11/15/2025 | 4333 |
| NM | QE | 30 | 28 | 2 | Online | Online | 09/25/2023 | 11/15/2025 | 4333 |
| NY | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | A4935-28 | |
| NY | QE | 30 | 28 | 2 | Online | Online | 10/01/2024 | 09/30/2025 | Q0211-G4 |
| OH | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | 923401412A 23 | |
| OH | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| OK | CE | 28 | 28 | Online | Online | 11/16/2022 | 11/15/2025 | 972 | |
| OK | QE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/15/2025 | 60J |
| OR | CE | 28 | 28 | Online | Online | 11/23/2022 | 11/15/2025 | APIN-Q-1022-8949 | |
| OR | QE | 30 | 28 | 2 | Online | Online | 11/23/2022 | 11/15/2025 | APIN-Q-1022-8949 |
| PA | CE | 28 | 28 | Online | Online | 10/25/2022 | 11/15/2025 | ||
| PA | QE | 30 | 28 | 2 | Online | Online | 10/25/2022 | 11/15/2025 | |
| PR | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| PR | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| RI | CE | 28 | 28 | Online | Online | 10/26/2022 | 11/15/2025 | REA.0001933-CE | |
| RI | QE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 11/15/2025 | REA.0001933-CE |
| SC | CE | 30 | 28 | 2 | Online | Online | 09/01/2024 | 08/31/2026 | AC . 1426 |
| SC | QE | 30 | 28 | 2 | Online | Online | 09/01/2024 | 08/31/2026 | AC . 1426, QE10765 |
| SD | CE | 28 | 28 | Online | Online | 02/18/2024 | 11/15/2025 | SD 594 | |
| SD | QE | 30 | 28 | 2 | Online | Online | 02/18/2024 | 11/15/2025 | SD 594 |
| TN | CE | 28 | 28 | Online | Online | 01/01/2022 | 03/31/2025 | 1718 | |
| TN | QE | 30 | 28 | 2 | Online | Online | 03/30/2023 | 03/31/2025 | 1718 |
| UT | CE | 30 | 28 | 2 | Online | Online | 11/01/2020 | 09/30/2025 | AC230906 |
| UT | QE | 30 | 28 | 2 | Online | Online | 06/01/2024 | 05/31/2026 | AQ240505 |
| VA | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| VA | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| VT | CE | 28 | 28 | Online | Online | 01/25/2024 | 11/13/2027 | CA-216767 | |
| VT | QE | 30 | 28 | 2 | Online | Online | 01/25/2024 | 11/13/2027 | CA-216765 |
| WA | CE | 28 | 28 | Online | Online | 04/15/2023 | 11/15/2025 | A23008199 | |
| WA | QE | 30 | 28 | 2 | Online | Online | 04/15/2023 | 11/15/2025 | A23008199 |
| WI | CE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| WI | QE | 30 | 28 | 2 | Online | Online | 11/15/2022 | 11/15/2025 | 82937 |
| WV | CE | 28 | 28 | Online | Online | 02/02/2023 | 11/15/2025 | ||
| WV | QE | 30 | 30 | Online | Online | 02/02/2023 | 11/15/2025 | ||
| WY | CE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 08/08/2025 | 1970 |
| WY | QE | 30 | 28 | 2 | Online | Online | 11/16/2022 | 08/08/2025 | 1970 |
Course Objectives
- Identify the relationship between appraisal and market analysis.
- Identify the purposes for and steps in analyzing the highest and best use of a site as though vacant and of a property as improved.
- Differentiate between inferred and fundamental methods of market analysis.
- Identify differences between market analysis Levels A, B, C, and D and identify the guidelines for determining the level of market analysis for an assignment.
- Recognize and apply the six basic steps in conducting a site-specific marketability analysis for a valuation assignment.
Course Details
Program Overview:
Online Syllabus
Assignments:
Yes. After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins.
To access your Education and Events page, log on to the Appraisal Institute website at https://ai.appraisalinstitute.org/eweb (click on the three horizontal lines to the left of the AI logo and select “My AI Account” from the drop-down menu).
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.
- Free Review: Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises
- 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:
Exam:
You will have 90 days from the time that you complete the course to take the proctored, offline exam. Testing center locations in your area can be found by clicking on this link:www.pearsonvue.com/ai.
Exam FAQ
Online Course Access
Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
1. Click "Education and Events" on the right navigation menu.
2. Find the course under the “Online Courses” heading and click the “Begin” button.
IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.
Technology-Based Education Student Disclaimer
I agree to the terms and policies set forth under the Appraisal Institute Education Policy. I also certify that I am the person identified under Personal Data and that I will personally complete each assigned component of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a Designated member, Candidate for Designation, Practicing Affiliate, or Affiliate of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Code of Professional Ethics and Standards of Professional Practice of the Appraisal Institute, and such peer review proceeding may result in termination of my Appraisal Institute membership, candidacy, and/or affiliation.
Other Details
For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.
Requirements:
Prerequisites
- Basic Appraisal Principles
- Basic Appraisal Procedures
- It is also highly recommended that participants complete General Appraiser Income Approach/Part 1 and General Appraiser Income Approach/Part 2 before enrolling in this course.
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 12/31/2050 |
$595.00 | $490.00 |
Have Exam Questions?
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| North Star Chapter | February 24-27, 2025 | Lake Elmo, MN | Classroom | View Details | Register |
| Bluegrass Chapter | July 28-31, 2025 | Louisville, KY | Classroom | View Details | Register |
| Massachusetts Rhode Island and Maine Chapter | November 12-15, 2025 | Braintree, MA | Classroom | View Details | Register |