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General Market Analysis & Highest and Best Use (Revised)

    Date: December 7 - 10, 2009, Monday - Thursday   Location: Fort Lauderdale, FL
 
  Course    
Category  General [Gen]  
Attendance Hours  28.0  
Exam Hours  2.0  
Current Price  $ 475.00 Member *
$ 550.00 Regular *
* SAVE! early registration
 
  Instructor    
Richard L. Parli, MAI  
Robert W. Dunham, MAI, SRA  
    
 
  Location    
Name  Courtyard by Marriott  
Address  2440 West Cypress Creek Road  
City  Fort Lauderdale  
State  FL  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  South Florida
Website  www.southflorida-ai.org  
Contact Name  Judy Curtis  
Email  sfchap@bellsouth.net  
Phone  (954) 229-0499  
Fax  (954) 229-0498  
 
  Description    
The essential relationships between market analysis, highest and best use, the three approaches to value, and the final value opinion are covered in this AQB-approved course. You’ll recognize that market analysis is integral to highest and best use, and that highest and best use is integral to market value. You’ll also learn how to produce credible results in appraisal to develop opinions of market value. Finally, by the end of the course, you’ll be able to answer these three significant questions:

  • What information is needed to test for highest and best use?

  • Where is this information found?

  • How is this information applied?






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. Currently, members seeking the MAI designation are required only to pass General Appraiser Market Analysis & Highest and Best Use. This course replaced Highest & Best Use and General Market Analysis (course 520). Starting January 2010, members seeking the MAI designation will be required to pass the exams for two courses: General Appraiser Market Analysis & Highest and Best Use (for Level I education OR be general certified), AND Advanced Market Analysis (for Level II advanced MAI education).



Downloads
  • Table of Contents and Overview [PDF]
  • Course Schedule [PDF]
    		•
     
      Audience    
    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.
     
      Equipment    
  • HP12C calculator user's manual
  • You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator.
  • Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems; and Financial Calculator Practice Exercises
  • For additional help with the HP12C calculator, take our online seminar, Using Your HP12C Financial Calculator.
    		•
     
      Prerequisites    
    Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures is required.

    Students 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.

    Additional recommended coursework:
  • General Appraiser Income Approach/Part I

    Required
  • Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use
    		•
     
      For Further Reading    
    •  The Appraisal of Real Estate, 13th ed.  
    •  The Dictionary of Real Estate Appraisal, 4th ed.  
    •  Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use  
     
      Disclaimer    
    Cancellation Policy
    • Up To 15 days prior to program start date, $50.00 cancellation fee.
    • 7 - 14 days prior to program start date, $200.00 cancellation fee.
    • Less than 7 days prior to program start date, forfeit of payment.
    		       Program Material Policy

    Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, a call tag will be issued for the return of this material. A registration refund will not be issued until the material has been returned.
    Cancellations/Refunds: Requests for cancellations must be received in writing at the chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Direct your email requests to: sfchap@bellsouth.net.

    The South Florida Chapter of the Appraisal Institute is not responsible for students' non-refundable airline reservations or other travel expenses. The Chapter reserves the right to cancel, limit, or reschedule the program and to change faculty assignments and facility locations at any time.

    Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the South Florida Chapter at 954-229-0499 to inform them.

    Course Attendance: One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

    State Certification: Students should contact their specific state to determine current education approval and requirements. Please follow the link above under locations to verify certification in your state.

    Florida Real Estate Appraisal Board Credit: 30-Hours Qualifying and Post Licensing Education, 0008589. Continuing Education, 17-Hours, 0008560.

    ADA Policy: If you have a disability and may require special accommodation, please notify us in writing at least two (2) weeks in advance and we will arrange for reasonable accommodation.

    Florida Students: Florida law requires students receive a grade of 75% or higher on any classroom exam administered by education providers. The Appraisal Institute requires students to achieve 70% or higher to receive exam credit. Therefore, if any student who wishes to receive pre-licensure credit from Florida receives between 70-74%, he/she will receive a completion certificate from the Appraisal Institute that will clearly indicate that they will receive classroom and exam credit for the Appraisal Institute only. In turn, if a student receives between 70-74%, they will not get exam credit from the state of Florida (but will only receive classroom credit from Florida). If a student receives 75% or higher, they will receive both Appraisal Institute and state of Florida credit for the classroom and exam hours. If you have any questions regarding this law, please visit the Florida website at: http://www.state.fl.us/dbpr/re/freab_welcome.shtml


    Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
     
      Additional Information    
    Location:
    Courtyard by Marriott
    2440 West Cypress Creek Road
    Fort Lauderdale, FL 33309

    Course Schedule:
    Registration/Class, Monday, December 7, 2009: 8:00 a.m. – 4:30 p.m.
    Tuesday, December 8, 2009: 8:00 a.m. – 4:30 p.m.
    Wednesday, December 9, 2009: 8:00 a.m. – 4:30 p.m.
    Thursday: December 10, 2009: 8:00 a.m. – 2:30 p.m.
    Exam: 2:30 p.m. – 4:30 p.m.

    Prerequisites:
    Basic Appraisal Principles
    Basic Appraisal Procedures

    Required Equipment: HP12-C Calculator. You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator.

    Hotel Accommodations: Courtyard by Marriott, 954-772-7770 at $79 per night, includes breakfast. Mention the Appraisal Institute when reserving a room. Register early! Thirty (30) days prior to arrival date.

    Directions:
    Fort Lauderdale Airport (12 miles north): Exit the Airport following direction signs to I-95 North. Proceed North on I-95 to Cypress Creek Road WEST, Exit 33B. Proceed west off of the Exit 1.9 miles. The hotel is located on the left hand side of the road. Estimated taxi fare: $42.00 (one way).

    Miami International Airport (37 miles north): Merge onto Airport Expressway/FL-112 E toward I-95 N/ BEACHES (Portions toll). 4.4 miles and take the I-95 South exit toward DOWNTOWN. 0.2 miles. Merge onto I-95 N via the exit on the LEFT toward FT. LAUDERDALE/ORLANDO approximately 29.1 miles. Exit on Cypress Creek Road WEST, Exit 33B. Proceed west off of the exit 1.9 miles. The hotel is located on the left hand side of the road. Estimated taxi fare: $70.00 (one way).

    Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the South Florida Chapter at 954-229-0499.

    NO ADDITIONAL COURSE MATERIALS WILL BE AVAILABLE AT THE CLASS.



    •  Courtyard by Marriott  
     

     
     
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