Home | Site Map | Contact Us

  View Cart              View Cart             
0 Registrations in Cart
 
 
Welcome. If you are a returning student or previously created an AI website account, please log in.
Back to Schedule  |  Select an Offering  |  Forgot Password?  |  Create Login
 
   


Advanced Concepts & Case Studies

    Date: November 7 - 13, 2013, No Class on November 10th   Location: Ontario, CA
 
  Course    
Category  Other [Oth]  
Level  II  
Attendance Hours  37.0  
Exam Hours  3.0  
Current Price  $ 725.00 AI
$ 1,035.00 Full
 
  Instructor    
Larry T. Wright, MAI, SRA  
    
 
  Location    
Name  University of Phoenix  
Address  3110 E. Guasti Road  
   Suite 100  
City  Ontario  
State  CA  
Zip  91761-1219  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Chapter  Southern California
Website  www.sccai.org  
Contact Name  Lianna Chaparyan / Linda Zimmer  
Email  lianna@sccai.org or linda@sccai.org  
Phone  (818) 957-5111x20  
 
  Description    
The 40-hour Advanced Concepts & Case Studies course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 35 hours of traditional classroom education and wraps up with a three-hour exam on the sixth morning.

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

Course Description
This course synthesizes basic and advanced valuation techniques taught in previous courses, and addresses consistent treatment of the three valuation approaches for various valuation problems. Case studies teach participants how to address common but complex appraisal issues, including a leased fee not at market rent, a proposed property, a property in a market not at equilibrium, and a subdivision. The course emphasizes the need to test the reasonableness of conclusion in an appraisal.

Note. This is primarily a synthesis course, not a review course. Like all advanced education courses sponsored by the Appraisal Institute, the course naturally reviews many concepts taught in previous courses. However, it includes some new material and does not include a complete overview of the other courses. Therefore, Advanced Concepts & Case Studies should not be considered an adequate review for the comprehensive exam. To prepare for the comprehensive exam, associates must review all four advanced education courses, as well as basic concepts from qualifying education for certified general appraisers.
  • Develop and reconcile cost, income, and sales comparison approaches for a leased fee interest rent, including consistent treatment of property rights.
  • Recognize the typical relationships between yield rates on leased fee and fee simple estates, considering their varying risk.
  • Review proper procedures for developing a market-supported discounted cash flow analysis, and apply them to practical examples.
  • Develop and reconcile cost, income, and sales comparison approaches for a proposed property as is, upon completion, and upon stabilization.
  • Demonstrate a working knowledge of various methods of calculating a rent-up adjustment and a property rights adjustment.
  • Identify the demographic and economic data used to estimate an absorption period for a development project.
  • Develop and reconcile cost, income, and sales comparison approaches for a property in a market not at equilibrium.
  • Conduct inferred and fundamental demand analysis based on data provided in case studies.
  • Develop and reconcile cost, income, and sales comparison approaches for a subdivision.


Downloads
  • Table of Contents and Overview [PDF]
  • Course Schedule [PDF]
  •  
      Audience    
    General appraisers who want to improve their ability to apply appraisal methods, techniques, and procedures. Candidates for Designation who are working on MAI designations.
     
      Equipment    
     
      Prerequisites    
    Required:

    Recommended:

    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.  
      Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use  
      Valuation of Apartment Properties  
      Subdivision Analysis  
      Shopping Center Appraisal and Analysis   
      The Valuation of Office 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, $150.00 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.
    ENROLLMENT
    Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The Southern California Chapter reserves the rights to cancel, limit, or reschedule this event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. There are NO transfers; you must cancel out of the offering.

    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 credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

    PREREQUISITES
    Some classes have prerequisites. Be sure to read the course description to find out if there are any prerequisites for this course.

    REQUIRED TEXTBOOKS
    Some classes have required textbooks. Be sure to read the class description to find out if there are any required textbooks for this course. There will not be any textbooks for purchase at the class. You must buy them ahead of time. If you arrive for a class without the required textbook credit for the class cannot be given and there will be no refund.

    REQUIRED EQUIPMENT
    Some classes require you bring a laptop and or other equipment. Be sure to read the class description to determine if any equipment is required. You are responsible for bringing your own extension cord(s). None will be provided. Please safeguard your equipment and personal belongings at all times. The Appraisal Institute, the Southern California Chapter, the Instructor or the facility will not be responsible for any loss of your personal belongings.

    CLASS MATERIALS TO DOWNLOAD
    Some classes are now available with downloadable materials. If you opted to download class materials instead of having them shipped to you, you will be required to bring the materials with you on a laptop or as a hard copy. If you do not have the materials with you credit for the class cannot be given and there will be no refund. Copies will not be available to you in the class. You are responsible for bringing your own extension cord(s). None will be provided.

    ADA COMPLIANCE
    It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute educational programs. If you need accommodations to participate because of a disability, please notify us in writing at least two weeks in advance of the program and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available.

    COMPLETION CERTIFICATES
    For scannable exams, written notification of results will be sent to the examinee approximately 15 business days from the date of receipt of the exams at the national office.
    Certificates of completion for continuing education will be sent to the student in approximately 15 days from the date of the class. Express Grading is available. For more information contact the national office at (312)335-4207.

    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    
    10/16/2013 LAST DAY to register for and submit the diagnostic test*
    10/23/2013 LAST DAY to receive a “pass” confirmation on Diagnostic Test
    10/16/2013 LAST DAY to REGISTER for the course
    10/09/2013 Online Session Begins for Students already registered for the course
    10/30/2013 LAST DAY to complete online session

    11/7/2013 Classroom Session Begins Day 1
    Check in at 8:00am – 8:30am
    Class starts at 8:30am

    11/8/2013 Classroom Session
    11/9/2013 Classroom Session
    11/11/2013 Classroom Session
    11/12/2013 Classroom Session
    11/13/2013 Classroom Session

    *Note, once you have passed the Diagnostic Test, you do not need to take the test again for the other Advanced Education courses.

    NO BREAKFAST OR REFRESHMENTS WILL BE SERVED.

    LUNCH: YOU ARE ON YOUR OWN

    PARKING: FREE

    TEMPERATURES IN CLASS ROOMS VARY. PLEASE DRESS ACCORDINGLY.

      FACILITY INFORMATION AND DIRECTIONS