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General Market Analysis & Highest and Best Use (Revised)

EMAIL   Date: November 9 - 12, 2009   Location: Jackson, MS
 
  Course    
Category  General [Gen]  
Attendance Hours  28.0  
Exam Hours  2.0  
Current Price  $ 465.00 Member
$ 490.00 Regular
 
  Instructor    
Stephen F. Fanning, MAI  
    
 
  Location    
Name  Mississippi Association of Realtors Conference Center  
Address  4274 Lakeland Drive  
City  Jackson  
State  MS  
Zip  39232  
Phone  (601) 932-5241  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Chapter  Mississippi
Contact Name  Roy Caves  
Email  aimschapter@bellsouth.net  
Phone  (601) 981-7676  
 
  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    
             


    Program materials will be picked up at the site.
     

     
     
    The Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and
    conducts its activities in accordance with federal, state and local laws.
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    All rights reserved.