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Marketability Studies: Six-Step Process & Basic Applications

FULL   Date: March 8, 2013   Location: Linthicum, MD

  Seminar

Category   General [Gen]
Attendance Hours   7.0
Current Price   $ 195.00 AI
$ 245.00 Full

  Instructor

William D. Otto Spence, MAI



  Location

Name   Maritime Institute (BWI Airport)
Address   692 Maritime Blvd.
City   Linthicum
State   MD
Zip   21090
Phone   (410) 859-8700

Click Here to check state approvals



  Sponsor / Contact

Chapter   Maryland
Website   www.ai-md.org
Contact Name   Tim McKenna
Email   timmckenna@assnhqtrs.com
Phone   (410) 752-3318

  Description

Marketability Studies: The Six-Step Process and Basic Applications will help you understand the fundamentals of market analysis while taking you, step-by-step, through two real world case studies. You’ll leave this seminar with practical exposure and new insights to basic market analysis whether you are a newer or  more experienced practitioner!  Use this seminar as either a refresher or as an introduction to the Appraisal Institute’s General Appraiser Market Analysis and Highest & Best Use course. In addition, the seminar also serves as an excellent prelude to the Appraisal Institute’s counterpart seminar, Marketability Studies: Advanced Considerations and Applications.

In this program, you’ll cover structured market analysis while applying the Six-Step Process on two non-complex appraisal assignments. The process is not advanced, but lays the foundation necessary to apply advanced techniques. Most appraisal assignments can be handled using the process and the techniques demonstrated in this seminar! The two examples in this program can be used as a future guide for use in an appraiser’s practice.

At the end of this seminar participants should be able to:

• Recognize the importance of market analysis and marketability studies to highest and best use and market value.

• Understand the 6-step process of market analysis.

• Apply basic trend analysis.

• Perform a Level B marketability study for a Class B office property.

• Perform a Level B marketability study for a suburban residential subdivision.

• Apply Level B marketability studies to support conclusions for the three approaches to value.

It is recommended that students have a laptop computer with MICROSOFT Excel 2007 or 2010 loaded and operational to perform some hands-on graphing exercises during the seminar. If you do not currently own MICROSOFT EXCEL, you can download a free copy for 60 days at Microsoft Excel Free Trial.

  Equipment

HP-12C calculator.
It is recommended that students have a laptop computer with MICROSOFT Excel 2007 or 2010 loaded and operational to perform some hands-on graphing exercises during the seminar. Be sure that Solver Add-in and Analysis Tool Pak Add-in are installed prior to class. If you do not currently own MICROSOFT EXCEL, you can download a free copy for 60 days at Microsoft Excel Free Trial.

  For Further Reading

•   Table of Contents-Overview
•   Schedule

  Disclaimer

Cancellation Policy
Up To 15 days prior to program start date, $50.00 cancellation fee.
15 - 14 days prior to program start date, $100.00 cancellation fee.
Less than 15 days prior to program start date, forfeit of payment.

ALL STUDENTS MUST BRING THEIR COURSE MATERIALS WITH THEM. ADDITIONAL MATERIALS WILL NOT BE AVAILABLE TO THOSE STUDENTS WHO HAVE NOT BROUGHT THEIR MATERIALS WITH THEM.Cancellation Policy Up To 15 days prior to program start date, $50.00 cancellation fee. 15 - 14 days prior to program start date, $100.00 cancellation fee. Less than 15 days prior to program start date, forfeit of payment unless a student replacement is provided. All cancellations must be submitted in writing. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Other Information If you have a disability and require accommodation, please notify the national office at least two weeks in advance and we will arrange for reasonable accommodation. We reserve the right to cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. 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 credit that verify successful completion and attendance of 100% or better with your grade notification letter. If Appraisal Institute attendance records indicate attendance of less than 100%, the student will not receive a course completion certificate until all missed sessions are made up at a different offering of the course, within one year of the original course dates. The Maryland Real Estate Appraisers Commission requires 100% attendance for each 50-minute lecture hour and a passing grade on the exams. Partial credit is not awarded.

Program materials can be downloaded by the student or can be picked up at the site.

  Additional Information

New Location:
Hyatt Place Baltimore/BWI Airport
940 International Drive, Linthicum Heights, MD, 21090

Class sign-in begins at 7:30 am. Seminar begins at 8:00 am. Coffee will be provided. Lunch is on your own.