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    Residential Market Analysis and Highest & Best Use

    More Info Register
    February 24-25, 2025 Indianapolis, IN
    Date
    February 24-25, 2025
    Time
    8:00AM - 5:00PM (EST)
    Sponsor
    Hoosier State Chapter
    Location
    Egis (F/K/A BLN)
    8320 Craig Street
    Indianapolis, IN 46250
    Instructor
    Jason A. Tillema, SRA, AI-RRS
    Class Time
    14 hours
    Exam Time
    1 Hour
    Full Price
    $350.00
    AI Price
    $300.00
    Enroll by January 19 and save $25!
    View Pricing Options
    Classroom
    Topics:
    Market Analysis
    Upgrade your career
    Residential
    Residential Market Analysis and Highest & Best Use
    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 

     
    Course Description
    This course provides a fresh look at the relationship between market analysis and highest and best use. Discover where to find and interpret the information you need to make a highest and best use decision. Learn how to read and map a market area for a subject property and discover the essential links between market analysis, highest and best use analysis, and the three approaches to value (cost, sales comparison, and income capitalization). Gain practical experience by solving highest and best use problems similar to problems you might encounter in the real world. Theory is translated into practice through extensive and varied classroom activities where you’ll apply concepts to real-world situations.

    Successful completion of the course and exam should satisfy most states' education requirements in the content area identified as residential market analysis and highest and best use.
     
     
     
    Read More
    Who Should Enroll
    • Those seeking residential real property appraiser licensure or certification
    • Residential real property appraisers who want to learn more about how proper market analysis supports highest and best use conclusions and other steps in the valuation process
    AI CE Points
    Attend:
    70
    pts
    Attend & Pass Exam:
    140
    pts
    Pass Only:
    125
    pts
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 15 14 1 Classroom Classroom 02/12/2024 05/22/2026 19752
    AK QE 15 14 1 Classroom Classroom 02/12/2024 05/22/2026 19752
    AL QE 15 14 1 Classroom Classroom 11/14/2024 09/30/2026 C02684
    AR CE 15 14 1 Classroom Classroom 10/02/2020 06/13/2025
    AR QE 15 14 1 Classroom Classroom 10/02/2020 06/13/2025
    AZ CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    AZ QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    CA CE 14 14 Classroom Classroom 08/22/2022 08/10/2026 14CP754601125
    CA QE 15 14 1 Classroom Classroom 08/22/2022 08/10/2026 14CP754601125
    CO CE 14 14 Classroom Classroom 05/22/2023 05/22/2026 2467
    CO CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 2467
    CO QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 2467
    CT CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 AAL.001074
    CT QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 APR.000302
    DC CE 15 14 1 Classroom Classroom 02/29/2024 02/28/2026 3100
    DC QE 15 14 1 Classroom Classroom 02/29/2024 02/28/2026 3100
    DE CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    DE QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    GA CE 14 14 Classroom Classroom 03/09/2004 40585
    GA CE 15 14 1 Classroom Classroom 03/08/2004 40584
    GA QE 15 14 1 Classroom Classroom 03/09/2004 40584
    IA CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 A518-1107
    IA CE 14 14 Classroom Classroom 05/22/2023 05/22/2026 A518-1106
    IA QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 A518-1108
    ID CE 14 14 Classroom Classroom 05/22/2023 05/22/2026
    ID QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026
    IL CE 14 14 Classroom Classroom 12/23/2024 12/31/2026 575.001926
    IL QE 15 14 1 Classroom Classroom 12/23/2024 12/31/2026 573.000622
    IN CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    IN QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    KY CE 14 14 Classroom Classroom 07/01/2024 05/30/2025
    KY QE 15 14 1 Classroom Classroom 07/01/2024 05/30/2025
    LA CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 A0005
    LA QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 A0005
    MA CE 14 14 Classroom Classroom 11/30/2020 03/01/2025 120146
    MA QE 15 14 1 Classroom Classroom 05/22/2023 05/21/2025 10051268
    MD CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    MD QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    ME CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    ME QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    MI CE 14 14 Classroom Classroom 09/13/2023 09/13/2026 20 - 1107026
    MI QE 15 14 1 Classroom Classroom 09/13/2023 09/13/2026 20 - 1107026
    MN CE 14 14 Classroom Classroom 09/01/2023 08/31/2025 996072
    MN CE 15 14 1 Classroom Classroom 09/01/2023 08/31/2025 43883
    MN QE 15 14 1 Classroom Classroom 09/01/2023 08/31/2025
    MO CE 14 14 Classroom Classroom 05/22/2020 05/22/2026
    MO QE 15 14 1 Classroom Classroom 05/22/2020 05/22/2026
    MS CE 14 14 Classroom Classroom 05/22/2023 07/27/2025 MAB #49713
    MS QE 15 14 1 Classroom Classroom 05/22/2023 07/27/2025 MAB #49713
    MT CE 14 14 Classroom Classroom 05/22/2023 05/22/2026 REA-CEC-REC-16797
    MT QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 REA-CEC-REC-16797
    NC QE 15 14 1 Classroom Classroom 01/01/2025 12/31/2025
    ND QE 15 14 1 Classroom Classroom 08/20/2014 QE-214009S
    NH CE 14 14 Classroom Classroom 05/22/2023 05/22/2026
    NH QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026
    NJ CE 15 14 1 Classroom Classroom 01/01/2024 05/22/2026 2023-3435
    NJ QE 15 14 1 Classroom Classroom 01/01/2024 05/22/2026 2023-3435
    NM CE 15 14 1 Classroom Classroom 08/09/2022 05/22/2026 4279
    NM QE 15 14 1 Classroom Classroom 07/19/2023 05/22/2026 4279
    NY QE 15 14 1 Classroom Classroom 10/01/2024 09/30/2025 Q0205-R7
    OH QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    OK CE 14 14 Classroom Classroom 05/22/2023 05/22/2026 759
    OK QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 611
    OR CE 15 14 1 Classroom Classroom 07/13/2023 03/21/2026 APIN-Q-0323-8982
    OR QE 15 14 1 Classroom Classroom 07/31/2024 03/21/2026 APIN-C-
    PA CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026
    PA QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026
    PR CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    PR QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    RI CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 REA.0002084-CE
    RI QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026
    SC CE 15 14 1 Classroom Classroom 09/01/2024 08/31/2026 AC . 773
    SC QE 15 14 1 Classroom Classroom 09/01/2024 08/31/2026 QE4773, AC . 773
    SD CE 15 14 1 Classroom Classroom 03/22/2022 03/09/2025 SD 364
    SD QE 15 14 1 Classroom Classroom 03/09/2022 03/09/2025 SD 364
    TN CE 14 14 Classroom Classroom 08/01/2024 09/30/2026 1787
    TN QE 15 14 1 Classroom Classroom 08/01/2024 09/30/2026 1787
    TX CE 14 14 Classroom Classroom 05/22/2023 05/31/2025 TX Provider #:10 Course #:46263
    TX QE 15 14 1 Classroom Classroom 03/01/2023 01/31/2025 TX Provider #: 8038 Course #: 49741
    UT CE 15 14 1 Classroom Classroom 10/10/2024 09/30/2026 AQ240906
    UT QE 15 14 1 Classroom Classroom 10/10/2024 09/30/2026 AQ240906
    VA CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    VA QE 15 14 1 Classroom Classroom 10/01/2023 05/31/2025 4006000474
    VT CE 14 14 Classroom Classroom 01/21/2021 01/21/2025
    VT QE 15 14 1 Classroom Classroom 01/21/2021 01/21/2025
    WA CE 15 14 1 Classroom Classroom 05/22/2020 05/22/2026 A23016585
    WA QE 15 14 1 Classroom Classroom 05/22/2020 05/22/2026 A23016585
    WI CE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    WI QE 15 14 1 Classroom Classroom 05/22/2023 05/22/2026 84801
    WV CE 14 14 Classroom Classroom 05/22/2023 05/22/2026
    WV QE 15 15 Classroom Classroom 05/22/2023 05/22/2026
    WY CE 15 14 1 Classroom Classroom 05/22/2023 05/21/2026
    WY QE 15 14 1 Classroom Classroom 05/22/2023 05/21/2026
    Course Objectives
    • Identify how highest and best use and market analysis fit into the valuation process.
    • Identify ways that market analysis is applied in the valuation process.
    • Recognize major value-influencing forces in residential properties. 
    • Identify variables that affect the supply of residential properties.
    • Apply market analysis information in a highest and best use analysis.
    • Apply market analysis information in the cost, sales comparison, and income capitalization approaches to value.
    • Apply market analysis information in the reconciliation to a final value opinion.
    • Demonstrate how highest and best use analysis incorporates data from the cost, sales comparison, and income capitalization approaches to value.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:

    No required assignments for Online. You will work through case studies as you advance through the material.
     
    Yes, for Classroom. 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:

    Additional Information:

    Course Materials Include:

    • Course Handbook (377 pp.)
    • Pre-Class Download (7 pp.)
    • Pre-Class Memo (1 p.)
    • Overview (18 pp.) 
    Required/Recommended Equipment:

    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

    Requirements:
    None
    Prerequisites
    Course Materials & Recommended Books
    Other useful texts:
     
    Pricing Options
    Rate Full Price AI Price
    Early-Bird
    Today thru 01/19/2025     		$350.00 $300.00
    Standard
    01/20/2025 thru 02/09/2025     		$375.00 $325.00
    Late
    After 02/10/2025     		$395.00 $355.00
    Have Exam Questions?
    Exam FAQ
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online 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