- Date
- May 16, 2024
- Sponsor
- Northeast Florida Chapter
- Virtual Classroom, Virtual Classroom Location
- Instructor
- Kerry M. Jorgensen, MAI
- Class Time
- 7 hours
- Full Price
- $210.00
- AI Price
- $190.00
Enroll by May 16!
View Pricing Options
Course Description
Do you find yourself hesitating before taking on an assignment requiring a Level C marketability analysis? Do you think the process is complex and time consuming? When market conditions are changing, an understanding of fundamental demand concepts and the ability to apply them is necessary to do the valuation competently. This seminar simplifies and demystifies the process of fundamental demand analysis. After reviewing market cycles and the basic economic concepts underlying fundamental analysis, you will learn how to implement the six-step process by applying the concepts to three practical case studies dealing with a general office market, land development (subdivision), and a rental apartment building. You will use basic templates that can be used later in your daily work. By the end of the seminar, you should be better prepared to start including fundamental analysis in your work.
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Who Should Enroll
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 | 01/23/2023 | 12/09/2024 | 19203 | |
| AK | CE | 7 | 7 | Synchronous | Livestream | 01/23/2023 | 12/09/2024 | 19203 | |
| AL | CE | 7 | 7 | Synchronous | Livestream | 10/01/2022 | 09/30/2024 | C02785 | |
| AR | CE | 7 | 7 | Synchronous | Livestream | 04/13/2024 | 04/11/2026 | AI067 | |
| AZ | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| CA | CE | 7 | 7 | Synchronous | Livestream | 04/04/2022 | 04/03/2026 | 22CP754601501 | |
| CO | CE | 7 | 7 | Synchronous | Livestream | 03/25/2022 | 12/09/2024 | 2169 | |
| CT | CE | 7 | 7 | Synchronous | Livestream | 04/13/2022 | 12/09/2024 | AAL.000919 | |
| DC | CE | 7 | 7 | Synchronous | Livestream | 02/29/2024 | 02/28/2026 | 6108 | |
| DE | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| FL | CE | 7 | 7 | Synchronous | Livestream | 11/14/2023 | 05/15/2025 | 0010571 | |
| GA | CE | 7 | 7 | Synchronous | Livestream | 03/22/2022 | 12/09/2024 | 74094 | |
| HI | CE | 7 | 7 | Synchronous | Livestream | 11/07/2023 | 12/09/2024 | 23-486 | |
| IA | CE | 7 | 7 | Synchronous | Livestream | 04/05/2022 | 12/09/2024 | A518-1233 | |
| ID | CE | 7 | 7 | Synchronous | Livestream | 03/21/2022 | 12/09/2024 | ||
| IL | CE | 7 | 7 | Synchronous | Livestream | 06/09/2022 | 12/31/2024 | ||
| IN | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| KS | CE | 7 | 7 | Synchronous | Livestream | 01/01/2024 | 12/31/2024 | 344.C24.R | |
| KY | CE | 7 | 7 | Synchronous | Livestream | 10/30/2023 | 06/30/2024 | ||
| LA | CE | 7 | 7 | Synchronous | Livestream | 03/29/2022 | 12/09/2024 | A0349 | |
| MA | CE | 7 | 7 | Synchronous | Livestream | 03/11/2022 | 12/09/2024 | 120136 | |
| MD | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| ME | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| MI | CE | 7 | 7 | Synchronous | Livestream | 09/15/2023 | 09/15/2026 | ||
| MN | CE | 7 | 7 | Synchronous | Livestream | 05/11/2022 | 05/31/2024 | 1033309 | |
| MO | CE | 7 | 7 | Synchronous | Livestream | 04/13/2022 | 12/09/2024 | ||
| MS | CE | 7 | 7 | Synchronous | Livestream | 03/25/2024 | 12/09/2024 | MAB #50395 | |
| MT | CE | 7 | 7 | Synchronous | Livestream | 04/12/2022 | 12/09/2024 | REA-CEC-REC-15311 | |
| NC | CE | 7 | 7 | Synchronous | Livestream | 01/01/2024 | 12/31/2024 | 4480 | |
| ND | CE | 7 | 7 | Synchronous | Livestream | 03/20/2022 | 12/09/2024 | CE-222037 | |
| NE | CE | 7 | 7 | Synchronous | Livestream | 01/03/2024 | 01/03/2029 | 223341F | |
| NH | CE | 7 | 7 | Synchronous | Livestream | 05/11/2022 | 12/09/2024 | ||
| NJ | CE | 7 | 7 | Synchronous | Livestream | 09/21/2022 | 12/09/2024 | 2022-3470 | |
| NM | CE | 7 | 7 | Synchronous | Livestream | 07/30/2022 | 12/09/2024 | 4083 | |
| NV | CE | 7 | 7 | Synchronous | Livestream | 07/21/2023 | 07/31/2024 | CE.0009743-A | |
| NV | CE | 7 | 7 | Synchronous | Livestream | 02/29/2024 | 02/28/2025 | CE.0009555-A | |
| NY | CE | 7 | 7 | Synchronous | Livestream | 01/01/2024 | 12/31/2024 | A5453-07 | |
| OH | CE | 7 | 7 | Synchronous | Livestream | 01/01/2024 | 12/31/2024 | 084403404A 22 | |
| OK | CE | 7 | 7 | Synchronous | Livestream | 04/20/2022 | 12/09/2024 | ||
| PA | CE | 7 | 7 | Synchronous | Livestream | 03/29/2022 | 12/09/2024 | ||
| PR | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| RI | CE | 7 | 7 | Synchronous | Livestream | 03/24/2022 | 12/09/2024 | REA.0001849-CE | |
| SC | CE | 7 | 7 | Synchronous | Livestream | 09/01/2022 | 08/31/2024 | AC.2018 | |
| SD | CE | 7 | 7 | Synchronous | Livestream | 03/30/2022 | 03/30/2025 | SD 1533 CE | |
| TN | CE | 7 | 7 | Synchronous | Livestream | 05/01/2024 | 04/30/2026 | 2580 | |
| TX | CE | 7 | 7 | Synchronous | Livestream | 05/01/2024 | 12/09/2024 | TX Provider #10 Course #43282 | |
| UT | CE | 7 | 7 | Synchronous | Livestream | 04/01/2024 | 03/31/2026 | AC240306 | |
| VA | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| VT | CE | 7 | 7 | Synchronous | Livestream | 05/25/2022 | 04/08/2026 | ||
| WA | CE | 7 | 7 | Synchronous | Livestream | 01/01/2024 | 12/09/2024 | A22004880 | |
| WI | CE | 7 | 7 | Synchronous | Livestream | 01/01/2022 | 12/09/2024 | 79267 | |
| WV | CE | 7 | 7 | Synchronous | Livestream | 08/25/2023 | 12/09/2024 | ||
| WY | CE | 7 | 7 | Synchronous | Livestream | 03/31/2024 | 03/30/2026 | 1809 |
Course Objectives
- Distinguish between the fundamental (space-user) and capital (buy-sell) markets and identify the impact each has on real estate values.
- Identify the four stages of the real estate cycle and recognize the characteristics of each stage.
- Recognize the characteristics of a market at equilibrium, including equilibrium vacancy, feasibility/equilibrium rent, entrepreneurial incentive, and affordability index.
- Name the six steps in the six-step marketability analysis process and describe the typical process in each step.
- Given an equilibrium vacancy rate and quantified estimates of demand and supply, calculate residual demand and the ratio of demand to supply and interpret the result.
- Calculate subject capture for a property based on a given ratio to pro-rata share of supply.
- Recognize the strengths and weaknesses of fundamental analysis and identify situations when fundamental analysis should be included in the scope of work.
Course Details
Program Overview:
Assignments:
No
Equipment:
Required equipment:
Calculator such as the HP-12C
Strongly recommended:
Laptop or notebook computer with a spreadsheet program such as Microsoft Excel or Google Sheets.
Laptop or notebook computer with a spreadsheet program such as Microsoft Excel or Google Sheets.
Additional Information:
Seminar Material includes:
- Seminar Handbook (160 pp.)
- Preclass Letter (1 p.)
Required equipment:
- Calculator such as the HP-12C
Strongly recommended:
- Laptop or notebook computer with a spreadsheet program such as Microsoft Excel or Google Sheets.
Requirements:
None specified
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 05/16/2024 |
$210.00 | $190.00 |
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Bluegrass Chapter | May 10, 2024 | Synchronous | View Details | Register | |
| Bluegrass Chapter | May 10, 2024 | Louisville, KY | Classroom | View Details | Register |
| Florida Gulf Coast Chapter | May 16, 2024 | Synchronous | View Details | Register | |
| South Florida Chapter | May 16, 2024 | Synchronous | View Details | Register | |
| East Florida Chapter | May 16, 2024 | Synchronous | View Details | Register |
Event Information
Live stream/Synchronous Continuing Education: 7-Hours. Please note this live stream/synchronous class is approved by the Florida Real Estate Appraisal Board and Appraisal Institute for continuing education credit. This class is also approved in other states live stream/synchronous. Students licensed in other states should determine current approval and requirements prior to registering.
View additional offerings sponsored by the Northeast Florida Chapter
Class Schedule:
Log-in and Roll Call: 8:30 – 9:00 AM ET
Class Instruction: 9:00 AM – 4:30 PM ET
Lunch: 30 minutes
This class will be held by virtual interactive classroom technology via Zoom. Students are required to have a computer, webcam and microphone. It is the student’s responsibility to have the required equipment to participate and receive continuing education credit.
Live stream/Synchronous Classroom Guidelines:
- Students must have a computer, webcam and microphone capabilities to participate and receive continuing education credit
- The instructor must be able to physically see and interact with all students and students must be able to interact with the instructor
- A copy of your driver’s license must be emailed to the chapter office as verification after you have registered and prior to the start date
- You will receive a separate email from the chapter office with log-in access information. Please contact the chapter office if you have any questions regarding the participation guidelines
Attendance Requirements:
- Attendance will be monitored throughout the day
- Students are required to hold up photo ID at roll call, if requested
- Students are required to be visible on the virtual platform during the entire class – 100% attendance policy applies
- Instructors will direct questions to each student in the morning and afternoon