Skip to Content (custom)

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

    More Info Register
    April 24, 2025
    Date
    April 24, 2025
    Time
    8:00AM - 4:00PM (EST)
    Sponsor
    Atlanta Area Chapter
    Location
    Zoom
    Zoom Livestream Broadcast
    Instructor
    Jeffrey T. Miller, MAI, AI-GRS
    Class Time
    7 hours
    Full Price
    $175.00
    AI Price
    $150.00
    Enroll by April 18 and save $30!
    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, 120175
    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
    Early-Bird
    Today thru 04/18/2025
    $175.00 $150.00
    Standard
    04/19/2025 thru 04/24/2025
    $205.00 $180.00
    Additional Course Offerings
    Sponsor Date Location Format
    Wyoming, North Dakota, and South Dakota Chapter January 22, 2025 Synchronous View Details Register
    Wyoming, North Dakota, and South Dakota Chapter January 22, 2025 Chamberlain, SD Classroom View Details Register
    South Florida Chapter January 30, 2025 Synchronous View Details Register
    Northeast Florida Chapter January 30, 2025 Synchronous View Details Register
    Florida Gulf Coast Chapter January 30, 2025 Synchronous View Details Register
    East Florida Chapter January 30, 2025 Synchronous View Details Register
    Metro New Jersey Chapter February 12, 2025 Synchronous View Details Register
    Colorado Chapter March 4, 2025 Synchronous View Details Register
    Northeast New Jersey Chapter March 4, 2025 Synchronous View Details Register
    Event Information

    SCHEDULE:

    April 24, 2025 (Eastern Time Zone)

    • 7:30 a.m. - 8:00 a.m. - Zoom Login & Roll Call
    • 8:00 a.m. - 3:30 p.m. - Class Instruction
    • There will be a 30-minute lunch break.


    REQUIRED EQUIPMENT & TECHNOLOGY:

    • basic free Zoom Application software (https://zoom.us/pricing)
    • reliable internet connection
    • computer, iPad, or tablet
    • web camera (built into laptop computer or external attachment)
    • audio with speaker and microphone capability (built into your computer, headphone, or earbuds)


    Livestream/Interactive Participation Requirements:

    • Students must have a reliable internet connection, computer (or tablet), web camera, audio (speaker and microphone) capability to participate and receive continuing education credit.
    • Students must wear full proper attire.
    • Your webcam must always be in the on position, with you in front of it. Check your webcam privacy settings and allow the Zoom software to access it. If you have a Lenovo laptop, some participants have noticed that they need to install the Lenovo Vantage App on their computers for the webcam to operate.
    • A paid Zoom account is not required to participate; however, you need to sign up for the free basic Zoom account/ application (zoom.us) and install the zoom app on your computer, prior to the seminar start date.
    • The Zoom platform will be interactive and live. The instructor must be able to see and interact with all students and students must be able see and interact with the instructor.
    • Students must be in a location that allows for their full attention and interaction.
    • A copy of your driver's license must be emailed to the Chapter office as verification of your identity after you have registered for the seminar and prior to the start date. We recommend covering private information on your ID except your full name and photo.


    Registrants will receive a separate email from Suzanne Brockway, approximately 24 hours before class, with Zoom login information. Contact the chapter office if you have any questions regarding the participation guidelines, at sbrockway.brockway@appraisalinstitute.org.


    ATTENDANCE POLICY:

    To receive AI and State credit, 100% attendance is required for all Appraisal Institute education programs.

    • attendance will be monitored throughout the day, via webcam and zoom chat roll call
    • students are required to be visible on the virtual platform during the entirety of class time
    • students are required to be in front of the camera with the camera in the on position (100% of the time)
    • instructor may direct questions to each student in the morning and afternoon


    Important: Please have your photo ID ready at the start of class. To expedite check-in, we will view all attendees' IDs at the same time and take a screenshot. We recommend covering private information on your ID except your full name and photo.


    CONTINUING EDUCATION APPROVAL:

    This livestream synchronous seminar is approved for 35 AI CE Points. The Georgia Real Estate Appraisers Board has approved 7 hours continuing education credit. 100% attendance is required for credit and will be verified throughout the day. Note, it is the student's responsibility to verify his/her state(s)' approval of this livestream synchronous offering.   CLICK HERE to view additional state approval information.  Note that this seminar is also approved for Georgia real estate sales and broker licenses.


    TUITION:

    Tuition includes a downloadable set of student materials. It does not include a shipped printed set of materials.


    STUDENT MATERIAL:

    The student manual is automatically provided to ALL students via a download option. Please have your computer/reader available with the downloaded material or have a printed copy of the material with you. If you would like to receive a printed copy of the student manual, you will have an option during the registration process to order a set. **Students requesting printed material will be charged a material fee plus shipping in addition to the course tuition. (Note that if you do not receive the material shipment in time for the class please download or print a copy of the material from the Education and Events section of your AI account portal.)


    How to Download Student Materials:

  • Sign into your AI Account at www.appraisalinstitute.org with the username and password you used when you registered.
  • Click on "Education and Events" located on the right navigation menu.
  • On the My Events page, find the course under the "Classroom Offerings/Synchronous Offerings/Conferences" heading and click the "View" button.
  • Scroll down to the "Download Course Materials" section and click on each link to download the course materials.