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    Impact of Short-term Rentals (on Real Property Valuation)

    More Info Register
    October 16, 2024
    Date
    October 16, 2024
    Time
    8:30AM - 4:00PM (EST)
    Sponsor
    Southern New Jersey Chapter
    Location
    Virtual Classroom (zoom)
    Zoom
    08080
    Instructor
    Douglas A. Potts, MAI, AI-GRS
    Class Time
    7 hours
    Full Price
    $195.00
    AI Price
    $185.00
    Enroll by October 16!
    View Pricing Options
    Course Description

    NEW SEMINAR! 

     

    Short-term residential rentals (STRs) play an increasing role in the global sharing economy. It’s important that appraisers, lenders, and underwriters become familiar with the nuances of valuing these properties.

    In this seminar, you will gain a basic understanding of the global short-term rental market plus increased awareness about the impact of STRs and the emerging methods, or best practices, required to develop credible valuations of this property type. 

     
    The seminar provides an overview and brief history of the short-term rental industry, information on aspects of value, FF&E, capitalization rates, going-concern value, motivations of property owners, and proper methods of research. Case study examples demonstrate how to value single-unit, multi-unit, and mixed-use properties that include an STR component.

     

    Who Should Enroll

    • General appraisers
    • Advanced residential appraisers


    AI CE Points
    Attend:
    35
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 7 7 Synchronous Livestream 04/23/2024 04/23/2027 19928
    AR CE 7 7 Synchronous Livestream 05/09/2024 05/09/2026 AI120
    AZ CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    CA CE 7 7 Synchronous Livestream 04/30/2024 04/29/2028 24CP754601577
    CO CE 7 7 Synchronous Livestream 04/16/2024 04/16/2027 2620
    CT CE 7 7 Synchronous Livestream 07/10/2024 07/10/2027 AAL.001235
    DC CE 7 7 Synchronous Livestream 04/17/2024 02/28/2026
    DE CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    FL CE 7 7 Synchronous Livestream 07/23/2024 07/23/2026 0010784
    GA CE 7 7 Synchronous Livestream 05/03/2024 77582
    IA CE 6 6 Synchronous Livestream 03/21/2024 03/21/2026 A518-2209
    ID CE 7 7 Synchronous Livestream 04/24/2024 04/03/2029
    IL CE 7 7 Synchronous Livestream 03/27/2024 12/31/2024 575.010721
    IN CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    KY CE 7 7 Synchronous Livestream 07/01/2024 05/30/2025
    MA CE 7 7 Synchronous Livestream 07/12/2024 07/12/2026 00120175
    MD CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    ME CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    MI CE 7 7 Synchronous Livestream 05/08/2024 05/08/2027 20-1200286
    MN CE 7 7 Synchronous Livestream 05/02/2024 05/31/2026 1037086
    MO CE 7 7 Synchronous Livestream 05/15/2024 06/30/2026
    MS CE 7 7 Synchronous Livestream 04/25/2024 04/25/2026 MAB #50579
    MT CE 7 7 Synchronous Livestream 05/09/2024 05/09/2027 REA-CEC-REC-17996
    NC CE 7 7 Synchronous Livestream 04/25/2024 12/31/2024 4642
    ND CE 7 7 Synchronous Livestream 04/23/2024 04/23/2028 CE-224027
    NJ CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 2024-3026
    NV CE 7 7 Synchronous Livestream 05/08/2024 05/31/2025 CE.0009841-A
    NY CE 7 7 Synchronous Livestream 04/01/2024 12/31/2024 A5793-07
    PA CE 7 7 Synchronous Livestream 05/30/2024 05/30/2027
    PR CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    RI CE 7 7 Synchronous Livestream 05/02/2024 05/01/2025 REA.0002186-CE
    SC CE 7 7 Synchronous Livestream 08/12/2024 08/31/2026 AC . 2212
    SD CE 7 7 Synchronous Livestream 04/16/2024 04/16/2027 SD 1665 CE
    TN CE 7 7 Synchronous Livestream 05/13/2024 05/31/2026 2792
    TX CE 7 7 Synchronous Livestream 06/05/2024 06/30/2026 TX Provider #:10 Course #: 49688
    UT CE 7 7 Synchronous Livestream 07/16/2024 07/31/2026 AC240711
    VA CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    VT CE 7 7 Synchronous Livestream 05/28/2024 05/28/2028 CA-245778
    WI CE 7 7 Synchronous Livestream 07/19/2024 07/19/2027 89675
    WV CE 7 7 Synchronous Livestream 04/23/2024 04/23/2027
    Course Objectives

            Recognize properties that are the subject of valuation that have the potential to be short-term rental properties;

            Discuss appraisal projects with clients in order to properly develop a Scope of Work;

            Derive a highest and best use analysis to properly set up the valuation methodology and valuation techniques   to be employed in the appraisal;

            Identify data sources used by one’s appraisal peers for short-term rentals and how to apply market information   in the valuation of the subject property;

            Properly value a short-term rental property and apply a test(s) of reasonableness.

    Course Details

    Program Overview:
    Table of Contents and Overview
    Seminar Schedule

    Additional Information:
    Seminar Material:

    • Seminar Handbook (206 pp)

    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 10/16/2024
    $195.00 $185.00
    Additional Course Offerings
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    Event Information

    Check in at 8:15am; class from 8:30am-4:00pm. Lunch (30min) from 12-12:30.

    Make sure you have downloaded class materials PRIOR to class.

    If you order (and ship) printed materials to you, make sure they arrive 1 week prior to class. Contact the national office if there is any issues at least one week prior to class.

    30 min lunch from 12-1230