- Date
- September 27, 2024
- Sponsor
- Wisconsin Chapter
- WCAI Chapter Offices, 11801 W. Silver Spring Dr. Location
- Milwaukee, WI
- Instructor
- Rick L. Carlile, MAI, SRA
- Class Time
- 7 hours
- Full Price
- $175.00
- AI Price
- $150.00
Enroll by September 27!
View Pricing Options
Course Description
This seminar concentrates on common inconsistencies found in the reports of even the most seasoned appraisers. For example, developing the income approach using contract rent (leased fee value), developing the cost approach but not adjusting for lease fee (fee simple value), or using the sales comparison approach to analyze comps based on contract rent and other analyzed based on market rent (mixed bag). The results of these inconsistencies make it impossible to reconcile to a proper value regardless of whether the assignment calls for leased fee or fee simple value.
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Who Should Enroll
AI CE Points
Attend:
35
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|---|
| AK | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 02/28/2027 | 19831 | |
| AL | CE | 7 | 7 | Classroom | Classroom | 10/01/2022 | 09/30/2024 | C02706 | |
| AR | CE | 7 | 7 | Classroom | Classroom | 05/26/2023 | 05/13/2025 | AI046 | |
| AZ | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| CA | CE | 7 | 7 | Classroom | Classroom | 04/21/2021 | 04/20/2025 | 21CP754601469 | |
| CO | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | ||
| DC | CE | 7 | 7 | Classroom | Classroom | 02/29/2024 | 02/28/2026 | 5036 | |
| DE | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| FL | CE | 7 | 7 | Classroom | Classroom | 07/15/2023 | 07/14/2025 | 0010292 | |
| GA | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 09/09/2025 | 75548 | |
| HI | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 12/31/2024 | 20-305 | |
| IA | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | A518-1196 | |
| ID | CE | 7 | 7 | Classroom | Classroom | 06/26/2021 | 05/26/2025 | ||
| IL | CE | 7 | 7 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 575.010514 | |
| IN | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| KS | CE | 7 | 7 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 199.C24.R | |
| KY | CE | 7 | 7 | Classroom | Classroom | 07/01/2023 | 06/30/2024 | ||
| LA | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | A0341 | |
| MA | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 00120125 | |
| MD | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| ME | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| MI | CE | 7 | 7 | Classroom | Classroom | 08/24/2021 | 08/24/2024 | 2298 | |
| MN | CE | 7 | 7 | Classroom | Classroom | 04/19/2021 | 04/30/2025 | 1031394 | |
| MO | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | ||
| MS | CE | 7 | 7 | Classroom | Classroom | 06/25/2023 | 04/26/2025 | MAB #50322 | |
| MT | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 02/27/2027 | REA-CEC-REC-17540 | |
| NC | CE | 7 | 7 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 4436 | |
| ND | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | CE-221045 | |
| NE | CE | 7 | 7 | Classroom | Classroom | 07/26/2021 | 07/26/2026 | 2211436.02 | |
| NM | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 3239 | |
| NV | CE | 7 | 7 | Classroom | Classroom | 07/01/2023 | 06/30/2024 | CE.0009455-A | |
| NY | CE | 7 | 7 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | A5312-07 | |
| OH | CE | 7 | 7 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 084400904A 22 | |
| OK | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 09/09/2025 | 824 | |
| OR | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | APIN-C-0421-8881 | |
| PA | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | ||
| PR | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| RI | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | REA.0002161-CE | |
| SC | CE | 7 | 7 | Classroom | Classroom | 09/01/2022 | 08/31/2024 | CE1961 | |
| SD | CE | 7 | 7 | Classroom | Classroom | 06/21/2021 | 06/21/2024 | SD 1479 CE | |
| SD | CE | 7 | 7 | Classroom | Classroom | 06/22/2024 | 03/26/2027 | SD 1658 CE | |
| TN | CE | 7 | 7 | Classroom | Classroom | 07/01/2023 | 06/30/2025 | 2472 | |
| TX | CE | 7 | 7 | Classroom | Classroom | 07/01/2023 | 05/31/2024 | TX Provider #:10 Course #: 46495 | |
| TX | CE | 7 | 7 | Classroom | Classroom | 06/01/2024 | 03/31/2026 | TX Provider #:10 Course #: 46495 | |
| UT | CE | 7 | 7 | Classroom | Classroom | 08/01/2023 | 07/31/2025 | AC230718 | |
| VA | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| VT | CE | 7 | 7 | Classroom | Classroom | 04/08/2021 | 04/08/2025 | ||
| WA | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | A24004372 | |
| WI | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 03/26/2027 | 77367 | |
| WV | CE | 7 | 7 | Classroom | Classroom | 03/27/2024 | 05/26/2027 | ||
| WY | CE | 7 | 7 | Classroom | Classroom | 05/26/2021 | 05/26/2024 | 1677 | |
| WY | CE | 7 | 7 | Classroom | Classroom | 05/27/2024 | 05/26/2027 | 1677 |
Course Objectives
- Recognize inconsistencies with the definition of market value and the need to stay consistent with the type of value opinion developed.
- Understand how the highest and best use decision drives the remainder of the appraisal process and how to stay consistent with highest and best use.
- Realize the need for consistency within and between the three approaches to value.
- Determine what constitutes functional and external obsolescence and how to maintain consistency with both in all three approaches.
- Complete a thorough, meaningful, and consistent reconciliation.
Course Details
Program Overview:
Equipment:
A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
Additional Information:
Seminar Materials Include:
- Seminar Handbook (212 pp.)
Requirements:
None specified
Prerequisites
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 09/27/2024 |
$175.00 | $150.00 |
Event Information
Registration: 8:00am
Class: 8:30-4:30pm
Continental breakfast and lunch will be provided
Hotel: Hyatt Place
11777 W. Silver Spring Dr.
Milwaukee, WI 53225
414-462-3500. Call the hotel directly and mention WAM to receive the room rate of $89