- Date
- May 7, 2025
- Time
- 8:30AM - 4:30PM (EST)
- Sponsor
- Hoosier State Chapter
- Location
- Egis (F/K/A BLN)
8320 Craig Street
Indianapolis, IN 46250
- Instructor
- Lillian S. Letton, MAI, SRA
- Class Time
- 7 hours
- Full Price
- $185.00
- AI Price
- $170.00
Course Description
NEW SEMINAR!
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.
Who Should Enroll
- General appraisers
- Advanced residential appraisers
AI CE Points
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 | Classroom | Classroom | 04/23/2024 | 04/23/2027 | 19928 | |
| AR | CE | 7 | 7 | Classroom | Classroom | 05/09/2024 | 05/09/2026 | AI120 | |
| AZ | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| CA | CE | 7 | 7 | Classroom | Classroom | 04/30/2024 | 04/29/2028 | 24CP754601577 | |
| CO | CE | 7 | 7 | Classroom | Classroom | 04/16/2024 | 04/16/2027 | 2620 | |
| CT | CE | 7 | 7 | Classroom | Classroom | 07/10/2024 | 07/10/2027 | AAL.001235 | |
| DC | CE | 7 | 7 | Classroom | Classroom | 04/17/2024 | 02/28/2026 | ||
| DE | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| GA | CE | 7 | 7 | Classroom | Classroom | 05/03/2024 | 77582 | ||
| IA | CE | 6 | 6 | Classroom | Classroom | 03/21/2024 | 03/21/2026 | A518-2209 | |
| ID | CE | 7 | 7 | Classroom | Classroom | 04/24/2024 | 04/03/2029 | ||
| IL | CE | 7 | 7 | Classroom | Classroom | 12/26/2024 | 12/31/2026 | 575.010721 | |
| IN | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| KY | CE | 7 | 7 | Classroom | Classroom | 07/01/2024 | 05/30/2025 | ||
| MA | CE | 7 | 7 | Classroom | Classroom | 07/12/2024 | 07/12/2026 | 00120175, 120175 | |
| MD | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| ME | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| MI | CE | 7 | 7 | Classroom | Classroom | 05/08/2024 | 05/08/2027 | 20-1200286 | |
| MO | CE | 7 | 7 | Classroom | Classroom | 05/15/2024 | 06/30/2026 | ||
| MS | CE | 7 | 7 | Classroom | Classroom | 04/25/2024 | 04/25/2026 | MAB #50579 | |
| MT | CE | 7 | 7 | Classroom | Classroom | 05/09/2024 | 05/09/2027 | REA-CEC-REC-17996 | |
| NC | CE | 7 | 7 | Classroom | Classroom | 01/01/2025 | 12/31/2025 | 4642 | |
| ND | CE | 7 | 7 | Classroom | Classroom | 04/23/2024 | 04/23/2028 | CE-224027 | |
| NJ | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 2024-3026 | |
| NV | CE | 7 | 7 | Classroom | Classroom | 05/08/2024 | 05/31/2025 | CE.0009841-A | |
| NY | CE | 7 | 7 | Classroom | Classroom | 01/01/2025 | 12/31/2025 | A5793 | |
| PA | CE | 7 | 7 | Classroom | Classroom | 05/30/2024 | 05/30/2027 | ||
| PR | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| RI | CE | 7 | 7 | Classroom | Classroom | 05/02/2024 | 05/01/2025 | REA.0002186-CE | |
| SC | CE | 7 | 7 | Classroom | Classroom | 08/12/2024 | 08/31/2026 | AC . 2212 | |
| SD | CE | 7 | 7 | Classroom | Classroom | 04/16/2024 | 04/16/2027 | SD 1665 CE | |
| TN | CE | 7 | 7 | Classroom | Classroom | 05/13/2024 | 05/31/2026 | 2792 | |
| TX | CE | 7 | 7 | Classroom | Classroom | 06/05/2024 | 06/30/2026 | TX Provider #:10 Course #: 49688 | |
| UT | CE | 7 | 7 | Classroom | Classroom | 07/16/2024 | 07/31/2026 | AC240711 | |
| VA | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| VT | CE | 7 | 7 | Classroom | Classroom | 05/28/2024 | 05/28/2028 | CA-245778 | |
| WI | CE | 7 | 7 | Classroom | Classroom | 07/19/2024 | 07/19/2027 | 89675 | |
| WV | CE | 7 | 7 | Classroom | Classroom | 04/23/2024 | 04/23/2027 | ||
| WY | CE | 7 | 7 | Classroom | Classroom | 11/26/2024 | 11/26/2027 | 2376 |
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:
Additional Information:
- Seminar Handbook (206 pp)
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Early-Bird
Today thru 03/16/2025 |
$185.00 | $170.00 |
| Standard
03/17/2025 thru 04/27/2025 |
$195.00 | $180.00 |
| Late
After 04/28/2025 |
$205.00 | $195.00 |
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| 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 | |
| Chicago Chapter | March 7, 2025 | Springfield, IL | Classroom | View Details | Register |
| Nevada Chapter | March 27, 2025 | Synchronous | View Details | Register | |
| Alaska Chapter | April 1, 2025 | Synchronous | View Details | Register | |
| Alaska Chapter | April 1, 2025 | Anchorage, AK | Classroom | View Details | Register |
| Washington Idaho Montana Chapter | April 9, 2025 | Synchronous | View Details | Register | |
| Atlanta Area Chapter | April 24, 2025 | Synchronous | View Details | Register | |
| Tennessee Chapter | September 11, 2025 | Synchronous | View Details | Register |
Event Information
CLASS LOCATION: 8320 Craig Street, Indianapolis, IN 46250.
ATTENDANCE: Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit.
HOTELS: To take advantage of a special rate the Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking any of the following accommodations:
* HILTON HOMEWOOD SUITES 2501 East 86th Street Indianapolis, IN 46240 1-800-225-5466 317-253-1919 Call Sales Department for negotiated rate - includes a large 1 bedroom suites with a separate kitchen and living room, fully renovated in 2016. All stays include a complimentary full hot breakfast, evening social M-TH, high speed internet, a workout facility & transportation to the classroom. To register online, cut and paste the following into your web browser: http://homewoodsuites.hilton.com/en/hw/reservations/index.jhtml?hotel=INDKCHW&corporateCode=560004829