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    Residential Sales Comparison and Income Approaches

    More Info Register
    September 16-19, 2024 Nashville, TN
    Date
    September 16-19, 2024
    Sponsor
    Tennessee Chapter
    Sheraton Music City Hotel , 777 McGavock Pk Location
    Nashville, TN
    Instructor
    James B. Atwood, SRA
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $550.00
    AI Price
    $500.00
    Enroll by September 17!
    View Pricing Options
    Course Description

    Through two in-depth case studies, this introductory course provides you with the techniques necessary for completing the sales comparison and income capitalization approaches of the valuation process. You will develop and apply qualitative and quantitative analysis techniques as well as organize and reconcile data.


    Who Should Enroll
    • Those seeking residential real property appraiser licensure or certification
    • Residential real property appraisers who would like to review the skills needed for completing the sales comparison and income capitalization approaches of the valuation process
    AI CE Points
    Attend:
    175
    Attend & Pass Exam:
    225
    Pass Only:
    200
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    MT CE 28 28 Classroom Classroom 11/19/2023 09/14/2024 REA-CEC-REC-16945
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    TN CE 30 28 2 Classroom Classroom 05/01/2023 04/30/2024 2149
    TN CE 28 28 Classroom Classroom 03/30/2022 04/30/2024 2149
    TN CE 28 28 Classroom Classroom 05/01/2024 04/30/2026 2149
    TN CE 30 28 2 Classroom Classroom 05/01/2024 04/30/2026 2149
    TN QE 30 28 2 Classroom Classroom 05/01/2023 04/30/2024 2149
    TN QE 30 28 2 Classroom Classroom 05/01/2024 04/30/2026 2149
    TX CE 30 28 2 Classroom Classroom 07/09/2018 09/30/2024 TX Provider #:10 Course #: 37503
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    WI QE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    WV CE 28 28 Classroom Classroom 02/02/2023 09/14/2024
    WV QE 30 30 Classroom Classroom 02/02/2023 09/14/2024
    WY CE 30 28 2 Classroom Classroom 07/09/2021 11/01/2024 83
    WY QE 30 28 2 Classroom Classroom 07/09/2021 11/01/2024 83
    Course Objectives
    • Recognize the relationship between the sales comparison and income capitalization approaches and the rest of the valuation process.
    • Extract and support adjustments using paired data analysis.
    • Extract and support adjustments using income analysis.
    • Extract and support adjustments using cost and depreciation analysis.
    • Apply the adjustment techniques most appropriate for given data. 
    • Calculate appreciation rates for the subject property and comparable sales.
    • Use the estimated gross monthly market rent and the reconciled GRM to derive a value indication from the income capitalization approach.
    • Apply the reconciled GRM to the gross monthly rent estimate to derive a value indication for the subject property by the income capitalization approach.
    • Derive an indication of value by the sales comparison approach.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:

    Yes. Participants must complete mandatory assignments in this program. Please plan your time accordingly and allow up to 5 days for the instructor to review your assignments. The instructor may ask for a re-submission of incomplete assignments. You may advance through the program while you are waiting for your instructor to review your work. You may also contact the instructor to request expedited review.

    Equipment:

    Additional Information:

    Course Materials Include:

    • Course Handbook (456 pp.)
    • Case Studies Packet (12 pp.)
    • Solutions Booklets (112 pp.)

    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.

    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Appraisal Institute May 13-23, 2024 Synchronous View Details Register
    Appraisal Institute August 5-15, 2024 Synchronous View Details Register
    Hoosier State Chapter November 5-8, 2024 Indianapolis, IN Classroom View Details Register
    Event Information

    Location:

    Sheraton Music City Hotel

    777 McGavock Pike 

    Nashville, TN 37214


    Registration: 7:30 a.m. central time

    Class Begins: 8:00 a.m. central time

    HOTEL RESERVATIONS: A special discounted nightly rate of $179.00 has been arranged for your stay at the Sheraton Music City Hotel.  Please click HERE to book your room reservation. 


    Please Note: Room reservations must be made by the cut-off date of August 16, 2024 in order to guarantee this rate.  Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date.  The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of August 16, 2024


    Parking: Parking at this hotel is available to students at a discounted rate of $5 per day.  If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in.  The hotel will give you a parking pass for the duration of your stay.  If you are attending this course as a day student, you will need to have your ticket validated each day. 


    Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m.  Please contact the hotel at 615-885-2200 to request shuttle service during these hours. 


    Tuition:

    Tuition includes a downloadable PDF of the class material.  It does not include a hard copy of the material.  If you want a hard copy of the material for this course mailed to you, you must pay an additional fee + the cost of shipping. 


    Course Material:

    Course material is automatically provided to ALL Students via the download option.  Please bring your computer or other device to class and have the downloaded material or printed copy of the material with you when you get to class.  If you would like to receive a printed copy of the course material, you will have an option during the registration processs to order it.

      **Students requesting printed material will be charged a material fee + Shipping in addition to the cost of tuition.  (Note: If you do not receive your material shipment in time for the course, please download or print a copy of the material from the "Education and Events" section of your AI Account). 


    There will be a charging station in the classroom for your device(s).  If you did not pay an additional fee to have the class materials shipped to you, you must DOWNLOAD the material for this class.


    Here is how to download our material for this class:

    Login to your Appraisal Institute Account at www.appraisalinstitute.org

    Once logged in, make sure to click the "My Account" button on the top right of the page.  It is a green button.

    Click "Education & Events" and then find the title of this class.

    You will be taken to a list of all the AI Classes you have attended.

    Find this class title...

    Click "View".

    You can download your material there. 


    There will not be hard copies of the material available for purchase or pickup on site.  You must come to class prepard with your material.



    HOTEL RESERVATIONS: A special discounted nightly rate of $179.00 has been arranged for your stay at the Sheraton Music City Hotel.  Please click HERE to book your room reservation. 


    Please Note: Room reservations must be made by the cut-off date of August 16, 2024 in order to guarantee this rate.  Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date.  The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of August 16, 2024


    Parking: Parking at this hotel is available to students at a discounted rate of $5 per day.  If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in.  The hotel will give you a parking pass for the duration of your stay.  If you are attending this course as a day student, you will need to have your ticket validated each day. 


    Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m.  Please contact the hotel at 615-885-2200 to request shuttle service during these hours.