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General Appraiser Market Analysis and Highest & Best Use | Program Details

This AQB-approved course will help you apply meaningful market analysis in valuation assignments. It presents the basic concepts and terminology of market analysis and marketability studies, then shows how marketability studies provide vital information for the highest and best use decision. Throughout the course, the emphasis is on conducting a reliable analysis of demand. You’ll gain practice in applying methods for inferred, or trend, analysis to three property types—a suburban residential subdivision, an existing multifamily property, and an office building. Using the tools introduced in the course will help you increase the reliability of your highest and best use analyses and support the conclusions you reach in the three approaches to value.

The course also provides a transitional discussion to prepare you for marketability studies using fundamental demand analysis, which is covered in the Appraisal Institute’s Advanced Market Analysis and Highest & Best Use course.

AICP members may be able to earn Certification Maintenance (CM) credits for this activity. Visit www.planning.org/cm for a list of approved offerings.


*Note: General Candidates for Designation who pass the Appraisal Institute General Appraiser Market Analysis and Highest & Best Use exam prior to June 1, 2011 will receive equivalency credit for the new Advanced Market Analysis and Highest & Best Use exam for their MAI advanced education requirements. After June 1, 2011 general Candidates for Designation who have not previously received equivalency credit will be required to pass the new Advanced Market Analysis and Highest & Best Use exam instead. Please contact admissions@appraisalinstitute.org or call (312) 335-4111 if you have questions.

Program Overview
Table of Contents and Overview [PDF]
Course Schedule [PDF]

Recommended Text
The Dictionary of Real Estate Appraisal, 5th ed.
Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use
The Appraisal of Real Estate, 13th ed.

Ordering Information
To order books and other materials go to
our store

Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.

Required

Appraisal Institute Hours
30 hours (including 2-hour exam)

To receive credit, participants must attend 100% of the program.

AI CE Credit for Designated Members and Candidates for Designation
This program is approved for 1 hour of Appraisal Institute CE credit for every hour taken.

Prerequisites
Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures is required.

It is strongly recommended that participants complete General Appraiser Income Approach/Part 1 (or its equivalent) before enrolling in this course.

Participants must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.


Who Should Enroll
Beginning appraisers seeking general appraiser state certification and experienced appraisers who wish to develop and enhance their market analysis skills, property tax assessors, housing and land use specialists within government agencies, lenders and investors, and review appraisers.

Click Here for State Approvals


Class Schedule & Locations

06/17/2013 - 06/20/2013
Location: San Diego, CA
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Sponsor: San Diego
Contact: Patti Kreutzer, Executive Director, (858) 292-7324
Instructor: Magdziarz, Joseph C., MAI, SRA
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07/17/2013 - 07/20/2013
Location: Woburn, MA
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Sponsor: Massachusetts and Rhode Island
Contact: Lianne Andreucci, (781) 397-8922
Instructor: Bowler, Edward V., MAI, SRA
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07/24/2013 - 07/27/2013
Location: Aurora, CO
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Sponsor: Colorado
Contact: Sherry Engleberg, (303) 691-0487
Instructor: McCloud, Harold S., MAI
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09/19/2013 - 09/22/2013
Location: Dallas, TX
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Sponsor: North Texas
Contact: Ruth Kelton, (972) 233-2244
Instructor: Fanning, Stephen F., MAI
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09/30/2013 - 10/03/2013
Location: Chicago, IL
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Sponsor: Chicago
Contact: LA Anderson, (312) 616-9406
Instructor: Urubek, John H., MAI
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10/21/2013 - 10/24/2013
Location: Indianapolis, IN
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Sponsor: Hoosier State
Contact: Shannon O'Keefe, (317) 815-1340
Instructor: Scheidt, Don R., MAI, SRA & Mitchell, Mark E., MAI
Register