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Residential Market Analysis and Highest & Best Use

CALL   Date: December 17 - 18, 2012   Location: Louisville, KY
 
  Course    
Category  Residential [Res]  
Attendance Hours  14.0  
Exam Hours  1.0  
Current Price  $ 275.00
 
  Instructor    
Mark V. Smeltzer, SRA  
    
 
  Location    
Name  Fairfield Inn  
Address  1220 Kentucky Mills Dr.  
City  Louisville  
State  KY  
Zip  40299  
Phone  (502) 240-6171  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Chapter  Bluegrass
Website  www.bluegrasschapter-ai.org  
Contact Name  Susan Katz  
Email  executive.director@bluegrasschapter-ai.org  
Phone  (502) 727-9181  
 
  Description    
This two-day course provides a fresh look at the relationship between market analysis and highest and best use. Discover where to find the information you need to make a highest and best use decision and how to interpret the information you find. Learn how to read and map a market area for a subject property and discover the essential links between market analysis, highest and best use analysis, and the three approaches to value (cost, sales comparison, and income capitalization). Gain practical experience by solving highest and best use problems similar to problems you might encounter in the real world. Theory is translated into practice through extensive and varied classroom activities encouraging you to become actively involved in applying concepts to real-world situations. Successful completion of the course and exam should satisfy most states’ education requirements in the content area identified as residential market analysis and highest and best use.



AICP members may be able to earn Certification Maintenance (CM) credits for this activity. Visit www.planning.org/cm for a list of approved offerings.


Downloads
  • Table of Contents and Overview [PDF]
  • Course Schedule [PDF]
  •  
      Audience    
    Residential appraisers seeking licensing and residential appraisers who want to learn more about how proper market analysis supports highest & best use conclusions and other steps in the valuation process
     
      Equipment    
  • HP12C Calculator
  • Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems
  •  
      Prerequisites    
    Successful completion of Basic Appraisal Principles, Basic Appraisal Procedures, 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    
      Residential Market Analysis and Highest & Best Use  
      The Appraisal of Real Estate, 13th ed.  
      The Dictionary of Real Estate Appraisal, 5th ed.  
     
      Disclaimer    
    Cancellation Policy
    • Up To 15 days prior to program start date, refund in full.
    • 7 - 14 days prior to program start date, $50.00 cancellation fee.
    • Less than 7 days prior to program start date, forfeit of payment.
           

    Cancellations/Refunds: Requests for cancellations must be received in writing at the Chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Please be sure to read "Cancellation Policy".

    The Bluegrass Chapter of the Appraisal Institute is not responsible for students' non-refundable airline reservations or other travel expenses. The Chapter reserve the right to cancel, limit, or reschedule the course and to change the faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.

    Course Attendance: 100% attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

    ADA Policy: If you have a disability and may require special accommodations, please notify the chapter office at least two weeks in advance and we will arrange for reasonable accommodations.



    Program materials will be picked up at the site.
     
      Additional Information    
    Course Schedule: Sign-in 8:15 a.m. Class 8:30 a.m. - 4:30 p.m. Please review "Cancellation Policy". 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. Hotels in area: Country Inn & Suites, 1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434 (Bluegrass Chapter rate $69.99/night); Jamestown Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100; Fairfield Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171 (Bluegrass Chapter rate $85/night) Holiday Inn Express, 1620 Alliant Ave., Louisville, KY (502) 240-0035; Hilton Garden Inn, 1530 Alliant Ave, Louisville, KY (502) 297-8066; Hampton Inn, 1451 Alliant Ave. Louisville, KY (502)809-9901; LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889; Candlewood Suites, 11762 Commonwealth, Louisville, KY (502) 261-0085; Sleep Inn, 1850 Priority Way, Louisville, KY, (502) 266-6776