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Residential Applications: Using Technology to Measure and Support Assignment Results

    Date: June 14, 2013   Location: Chicago, IL
 
  Seminar    
Category  Residential [Res]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 145.00 AI
$ 175.00 Full
Note
Please register early  		After May 31, 2013
$ 30.00 Late Fee
 
  Instructor    
Kern G. Slucter, MAI, SRA  
    
 
  Location    
Name  Chicago Chapter Education Center  
Address  205 W. Wacker Drive  
   Suite 202  
City  Chicago  
State  IL  
Zip  60606  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Chicago
Website  www.ccai.org  
Contact Name  L A Anderson  
Email  la@ccai.org  
Phone  (312) 616-9400  
 
  Description    

This seminar provides easy-to-use, highly efficient tools to supplement and enhance the traditional methods of adjustment and support through the use of technology. You will gain practical, hands-on, step-by-step training on how to use charts, graphs, spreadsheets, and pivot tables to support residential assignment results for market conditions; days on market, sales-to-list price ratio; adjustments for location, design, quality of construction, and other property amenities; market extraction for cost and depreciation estimates; and market extraction for market rent and gross rent multipliers.

"I created this pivot table in less than 10 minutes to prove a swimming pool adjustment. Supporting my adjustments are much easier now that I attended the Residential Applications seminar and learned to use Excel with data downloaded from the MLS."

-- Sandy Adomatis, SRA

Participants will learn how to provide market-derived support for the following assignment results:

  • Market conditions
  • Days on market
  • Sales-to-list-price ratio
  • Adjustments for location, design, quality of construction, and numerous other property amenities
  • Market extraction for cost and depreciation estimates
  • Market extraction for market rent and gross rent multipliers
This seminar provides easy-to-use, highly efficient tools to supplement and enhance the traditional methods of adjustment and support through the use of technology. Residential appraisers of the future may be required to use these tools to produce slick, professional charts and graphs as clients become more technologically sophisticated.

At the conclusion of the seminar, participants should be able to:
  • Recognize the connection between statistics and residential appraising.
  • Apply graphic analysis to solve and support market analysis issues.
  • Apply graphic analysis to support conclusions for the three approaches to value.
  • Apply Excel techniques to analyze data that can be imported into the Fannie Mae 1004MC appraisal report form.
Prerequisites
This seminar is for participants with a basic level of knowledge of spreadsheets, especially Excel, such as those obtained from

Note. This seminar will be taught from Windows using Excel 2007. If you are taking the seminar and plan to use an Apple laptop, you will need to have the latest version of Excel (2011) in order to perform some of the exercises. 

Recommended Texts
 
  Equipment    
AI strongly recommends, but does not require, that participants bring a laptop computer to class. All participants with a laptop MUST HAVE Microsoft Excel 2007 or 2010 loaded and operational. No version prior to Excel 2007 will be taught in the seminar.

Note. This seminar will be taught from Windows using Excel 2007. If you are taking the seminar and plan to use an Apple laptop, you will need to have the latest version of Excel (2011) in order to perform some of the exercises.

Be sure that Solver Add-in and Analysis Tool Pak Add-in are installed prior to class.

If you do not currently own Excel, you can download a free copy for 60 days at http://office.microsoft.com/en-us/try.

Note. This seminar is hands on! When participants receive a registration e-mail confirmation, a secure link will be available where they will be instructed to download Excel files to use for in-class exercises. These files must be downloaded prior to the seminar.
 
  Disclaimer    
Cancellation Policy
  • $25.00 cancellation fee.
  • Less than 2 days prior to program start date, forfeit of payment.
   Transfer Policy
  • $25.00 transfer fee.
  • Less than 2 days prior to program start date, no transfer allowed.
   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.
The Chicago Chapter enforces the attendance requirements as mandated by the State of Illinois and the AQB. There is a 100% attendance policy, if you are late, you will not receive credit. If you are late the first day of the course, you may stay in class but you will not receive credit. Registration begins at 8:00 am for every course. Each course begins promptly at 8:30 am each day.

Program Material Policy Beginning four weeks before the course start date, program materials will be shipped to the student. Standard ground shipping is INCLUDED in the tuition price. HOWEVER, ADDITIONAL CHARGES are added for express shipping. These charges will be reflected in late registration.

If you do not receive your materials within five business days of the start date, PLEASE NOTIFY the Chicago Chapter office immediately. All students must bring their materials with them to class; there will be NO EXTRA’s available.

Cancellation & Transfer Policy: Please read carefully.
The Chicago Chapter charges a $25 cancellation AND $25 transfer fee.
If you cancel less than 48 hours before the start of the course or seminar you will receive NO REFUND. All cancellations must be submitted in writing to receive a refund. The Chicago Chapter reserves the right to cancel, limit or reschedule the programs and to change faculty assignments at any time. Prospective students should confirm their registrations before making any non-refundable airline reservations.

If you cancel there is an additional $25 material charge from the national office. You do not return course materials any longer.




Program materials can be downloaded by the student or can be shipped directly to the student. If you choose to have the material shipped and do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
 
  Additional Information    
Class Schedule:
Registration: 8:00a-8:30a
Class begins at 8:30 each morning/ends at 4:30

CHICAGO IS A VERY BUSY CITY…..MAKE YOUR RESERVATIONS EARLY!!!!
HOTEL INFO: We have a corporate rate at the Holiday Inn Mart Plaza, right across the street from the chapter office.
Call Stephen Bee at 312-529-1127 or email him at sbee@martplaza.com. Tell him you’re a student with the Chicago Chapter and he will make your reservation for you.

Please contact Jennifer Jennifer@ccai.org 312.616.9400 or LA LA@ccai.org
if you have any questions or need assistance.

CCAI office: 312.616.9400 FX: 312.616.9404