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Advanced Market Analysis and Highest & Best Use

    Date: August 22 - 27, 2013   Location: Aurora, CO
 
  Course    
Category  General [Gen]  
Level  II  
Attendance Hours  32.0  
Exam Hours  3.0  
Current Price  $ 675.00 AI
$ 965.00 Full
 
  Instructor    
Harold S. McCloud, MAI  
Nelson Bowes, MAI  
    
 
  Location    
Name  Summit Conference and Event Center  
Address  411 Sable Blvd.  
City  Aurora  
State  CO  
Zip  80011  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Chapter  Colorado
Website  www.colo-ai.org  
Contact Name  Sherry Engleberg  
Email  cochap@colo-ai.org  
Phone  (303) 691-0487  
 
  Description    

The 35-hour Advanced Market Analysis and Highest & Best Use course implements a blended learning approach, which includes a pre-class, two-hour onlinesession combined with 30 hours of traditional classroom education and wraps up with a three-hour exam on the fifth morning.

Please note Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Advanced Income Capitalization, Advanced Market Analysis and Highest and Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will receive the Full Price.
For more information on how to become a Candidate for Designation, click here.

Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; course equivalencies. Click here.

COURSE DESCRIPTION

Combining the analytical processes of market analysis, highest and best use, and income valuation, this course is intended for those who have taken and passed the General Appraiser Market Analysis and Highest & Best Use course and have a thorough understanding of the mathematical and financial principles necessary to perform appraisals of income-producing properties.

Building on the Level B marketability studies that were applied in General Appraiser Market Analysis and Highest & Best Use, you will perform Level C marketability studies using fundamental demand analysis and study several real estate markets in a fictional city.

The economic base of the community is explored, and it is used as the subject and example for both physical and economic forces that affect all communities and consequently all real estate.

The remainder of the course consists of four case studies (apartment and condominium conversion, retail, industrial, and land with potential for mixed-use development) that are intended to demonstrate both the power of fundamental market analysis and its application to highest and best use decisions.

Note. Because this course builds on concepts learned in the Appraisal Institute’s General Market Analysis & Highest and Best Use course, it is HIGHLY recommended that you take the Appraisal Institute’s General Market Analysis & Highest and Best Use course before you take this advanced course.

By taking both courses, you should gain a solid knowledge base of market analysis and highest and best use concepts. If you elect only to take this course, be advised that you’ll need to factor in additional study time to learn the general concepts presented in the previous course.

Required Text



Downloads
  • Table of Contents and Overview [PDF]
  • Course Schedule [PDF]
  •  
      Audience    
    Candidates for Designation working on MAI designations, MAIs who want to further market analysis/highest & best use knowledge and skill base
     
      Equipment    
     
      Prerequisites    
    Required:

    Participants 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 Dictionary of Real Estate Appraisal, 5th ed.  
      The Appraisal of Real Estate, 13th ed.  
      Shopping Center Appraisal and Analysis   
      Valuation of Apartment Properties  
     
      Disclaimer    
    Cancellation Policy
    • Up To 15 days prior to program start date, $50.00 cancellation fee.
    • 2 - 14 days prior to program start date, $100.00 cancellation fee.
    • Less than 2 days prior to program start date, forfeit of payment.
          Program Material Policy

    Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, you will automatically be charged a $25.00 fee and you may keep the material. Once the fee is charged, your refund will be processed. Material returns are no longer accepted. Contact the offering sponsor for more information.
    • Cancel Offering, $25.00 material fee.
    Cancellation/Refunds: Requests for cancellation must be received in writing at the Chapter Office. Confirmed students should not assume that a cancellation has been granted until a confirmation has been received. Direct your e-mail requests to cochap@colo-ai.org. Event Cancellation: The Colorado Chapter reserves the right to cancel any event, course or seminar if the minimum enrollment level is not reached. Prospective students should confirm their registration before making any non-refundable airline reservations. Attendance: The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education that verify successful completion and attendance of 100% at the completion of the course or seminar. Please note: If Appraisal Institute records indicate attendance of less than 100%, the student’s certificate will reflect this, and state agencies may refuse to award credit. ADA Policy: If you have a disability and may require some accommodation at any event, please notify us in writing at least 2 weeks in advance and we will arrange for reasonable accommodations. PROGRAM MATERIALS: Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them. Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. IF YOUR COURSE MATERIALS WERE SENT DIRECTLY TO YOU, PLEASE MAKE SURE YOU BRING THEM WITH YOU TO CLASS EACH DAY.

    Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
     
      Additional Information    
    COURSE SCHEDULE:
    REGISTRATION AND MATERIALS DISTRIBUTION - AUGUST 22 - 7:30 am - 8:00 am
    Continental breakfast is included.
    COURSE LECTURE - AUGUST 22 - 8:00 am - 5:00 pm
    COURSE LECTURE - AUGUST 23 - 8:00 am - 5:00 pm
    COURSE LECTURE - AUGUST 24 - 8:00 am - 5:00 pm
    ***NO CLASS*** - AUGUST 25
    COURSE LECTURE - AUGUST 26 - 8:00 am - 5:00 pm
    EXAMINATION - AUGUST 27 - 8:00 am - 11:00 am

    CERTIFICATES OF COMPLETION will be e-mailed from the Appraisal Institute upon receipt of course materials within five (5) BUSINESS days after the completion of the course.

    LOCATION:
    THE SUMMIT CONFERENCE & EVENT CENTER
    411 SABLE BLVD.
    AURORA, CO 80011

    LODGING OPTION:
    COUNTRY INN AND SUITES BY CARLSON, DENVER INTERNATIONAL AIRPORT
    4343 N. AIRPORT WAY
    DENVER, CO 80239
    1.800.830.5222
    SPECIAL RATE: $84.00 per night
    http://www.countryinns.com/thesummit


    FOR HOTEL TRANSPORTATION SERVICES, PLEASE VERIFY THAT THE HOTEL YOU ARE STAYING IN WILL PROVIDE SHUTTLE SERVICE TO AND FROM THE SUMMIT CONFERENCE & EVENT CENTER.