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Welcome. If you are a returning student or member of the Appraisal Institute, please log in. Back to Schedule  |  Select an Offering  |  View Cart  |  Forgot Password?  |  Create Login       Rates and Ratios: Making sense of GIMs, OARs, and DCFs     Date: March 18, 2010   Location: Indianapolis, IN     Seminar     Category   Electives [E]   Level   Intermediate   Attendance Hours   7.0   Current Price   $ 155.00 Member $ 175.00 Regular     Instructor     James D. Vernor, PhD, MAI            Location     Name   Indianapolis, IN   Address   9247 North Meridian Street       Classroom I (first floor - north end)   City   Indianapolis   State   IN   Zip   46260     Click Here to check state approvals          Sponsor / Contact     Chapter   Hoosier State Website   www.aihsc.org   Contact Name   Shannon O'Keefe   Email   AIHoosierState@sbcglobal.net   Phone   (317) 815-1340   Fax   (317) 815-1341       Description     Do you understand how various rates and ratios used in the income capitalization approach relate to each other? Do you know what effect these relationships may have on your selection and interpretation of data from comparable sales? This seminar will provide a conceptual framework for thinking about key relationships among models, ranging from gross income multipliers to discounted cash flow models. Up until now, little focus has been placed on how these models relate to each other. These relationships have important implications for how differences in these rates and multipliers are interpreted and, in turn, for selecting and using data from comparable sales. Using a case study that follows logical progression from GIMs to DCF models, you’ll analyze specific relationships (i.e., between going-in verses going-out capitalization rates and between before-and after-tax rates). During a fast-fast moving day, you’ll gain a comprehensive overview of the broad range of relationships among key multipliers and rates. After completing this seminar, you will be able to Produce reports that are more consistent and defensible. Understand differences in the levels of the various rates and ratios. Recognize how relationships between rates affect your selection and interpretation of data from comparable sales.     Equipment     An HP-19BII, HP-17BII, HP-12C, or equivalent calculator     For Further Reading     •   Rates and Ratios Used in the Income Capitalization Approach       Disclaimer     Cancellation Policy Up To 15 days prior to program start date, refund in full. 10 - 14 days prior to program start date, $100.00 cancellation fee. Less than 10 days prior to program start date, forfeit of payment.   Transfer Policy Up To 15 days prior to program start date, $25.00 transfer fee. 10 - 14 days prior to program start date, $50.00 transfer fee. Less than 10 days prior to program start date, no transfer allowed.     Program materials will be picked up at the site.     Additional Information     CLASS LOCATION: 9247 N. Meridian Street, Indianapolis, IN 46260. Classroom is on the first floor north end of building. Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit. **If needed, sleeping rooms are available at a discounted rate. To take advantage of special rates that The Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking the following accommodations. The Comfort Inn and Suites located at 9090 Wesleyan Road, Indianapolis, IN 46268 (317-875-7676) offers a room and deluxe continental breakfast for $59.95. Homewood Suites located at 2501 E. 86th Street, Indianapolis, IN 46240 (317-253-1919) offers a room, complimentary hot breakfast, dinner/cocktails (M-Thurs.), and shuttle to classroom for $99.00.

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