Syllabus: Introduction Module 1. The Appraisal Institute Demonstration Requirement Module 2. The Demonstration Report and Alternatives Module 3. Traditional Demonstration Reports Module 4. Three Appraisal Reports Alternative (TARA) Module 5. E-Demo Module 6. Grading Module 7. Demonstration Property Selection Module 8. Format and Introductory Information Module 9. Site and Improvement Descriptions and Analyses Module 10. Zoning and Taxes Module 11. Market Analysis Module 12. Highest and Best Use Analysis Module 13. Cost Approach Module 14. Sales Comparison Approach Module 15. Income Capitalization Approach Module 16. Reconciliation Module 17. Certification, Assumptions, and Addenda Conclusion
Learning Objectives • The purpose of the demonstration of knowledge appraisal report admissions requirement. • The suggested timing in the associate designation path when this admissions requirement should be challenged. • Requirements for a successful demonstration appraisal report. • Selection of a subject property that provides the optimal opportunity for success. • The type of market information required. • How the report should be prepared. • How the completed report should be submitted for grading. • The technical grading process. • Revision and resubmission of an initial submission that did not receive a satisfactory technical grade. • The factual verification process for submissions that have received a satisfactory technical grade.
AI CE Credit for Designated members, Candidates for Designation and Practicing Affiliates This program is approved for 1 hour of Appraisal Institute CE credit for every hour taken.