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Residential Site Valuation and Cost Approach
October 25 - 26, 2012, (Thursday - Friday)
Gary F. Scott, SRPA, SRA
Greater Tampa Association of REALTORS
2918 W. Kennedy Blvd
to check state approvals
Sponsor / Contact
Florida Gulf Coast
Designed for participants with introductory experience and understanding of fundamental concepts of appraising, it focuses on the valuation of vacant land parcels and the development of the cost approach. Develop your skills by creating a current cost estimate using market extraction, interview techniques, and information provided by professional cost data sources. An in-depth case study takes you from the origin of the appraisal assignment to a final value estimate using various cost approach applications. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as residential site valuation and cost approach.
Table of Contents and Overview
Beginning appraisers seeking residential licensure and/or certification with introductory experience and an understanding of the fundamental concepts of appraising
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.
Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems;
Financial Calculator Practice Exercises
For additional help with the HP12C calculator, take our online seminar,
Using Your HP12C Financial Calculator.
Laptops NOT REQUIRED
Successful completion of
Basic Appraisal Principles
Basic Appraisal Procedures
National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
Residential Market Analysis and Highest & Best Use
, or equivalent courses 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.
For Further Reading
The Appraisal of Real Estate, 13th ed.
The Dictionary of Real Estate Appraisal, 5th ed.
Up To 20 days prior to program start date, refund in full.
7 - 19 days prior to program start date, $75.00 cancellation fee.
Less than 7 days prior to program start date, forfeit of payment.
Up To 15 days prior to program start date, $30.00 transfer fee.
7 - 14 days prior to program start date, $50.00 transfer fee.
Less than 7 days prior to program start date, no transfer allowed.
Attendance: 100% attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualifications Board minimum criteria requirements. A “classroom hour” is defined as 50 minutes out of each 60-minute segment. A 10-minute break per hour is allowed and a student would still meet the 100% attendance requirement. Students should not be late or leave if they are late or leave early, they will not receive credit. Enrollment is on a first come, first serve basis.
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. Other Information: We reserve the right to cancel, limit, or reschedule the course and to change faculty assignments and locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.
Registration Deadline Date: If you register 30 days prior to class, you will receive the Early Registration Discount. After 30 days, regular tuition price will be in effect. The chapter sets a registration deadline date, however, there is no guarantee that space will still be available by that date. Enrollment is based on space limitations and the availability of ordering extra sets of student materials. We strongly recommend that you register prior to the deadline date to help ensure a seat in the class. Once we reach the maximum seating limit, registration will be closed.
ENROLLMENT CANCELLATION NOTICE All enrollment cancellations must be submitted in writing via fax 813-962-4006 or email email@example.com. A confirmation of your cancellation will be e-mailed once it is processed by the Chapter office. See details regarding cancellation fees. Weather and/or Emergency Procedures for courses and seminars: In the event of bad weather or a state of emergency, call the chapter office at (813) 962-4003 for any message about the status of the class. If there is no message, the class will continue as scheduled. In the event the class needs to be cancelled due to bad weather, you will be notified of new class date.
Program materials will be picked up at the site.
Class Location: Greater Tampa Association of Realtors, 2918 W. Kennedy Boulevard, Tampa, FL 33609. The Realtors office is located approximately one mile east of Dale Mabry Highway. Parking lot is located in the rear of the building.
Class Hours: 8:45 a.m. - 5:00 p.m. Morning coffee and beverages will be available. Please arrive by 8:30 AM for registration/check-in.
This course is approved for 15 hours of qualifying education (QE) with all states and 14 hours of CE with all states and the Appraisal Institute.
Course materials will be shipped to students who register up to ten business days prior to the class. If you register less than ten days prior to class, there will be an additional $15 shipping fee and you will receive the course materials at class. Continuing Education Credit: Appraisal Institute - Student Rosters: Students that do not wish to have their name, address, phone number and email address published to other students in the class must notify the Chapter at least five (5) days prior to the beginning of the course.