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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.
Copyright © Appraisal Institute.
All rights reserved.