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Overview:
An objective of this seminar is to explore together the several ways in which land parcels are developed and relate the various utilizations to the site valuation process. Site Use and Valuation Analysis is a practical hands-on seminar designed in a manner that addresses the actual employment and application of appraisal methods and techniques. In this seminar you will translate theory into practice through extensive and varied online activities. By applying concepts to real-world situations, participants can discover new ways to use their knowledge and analytical skills.
This class provides 6.0 hours of education and is divided into four modules:
Syllabus:
Introduction
Module 1: Highest and Best Use
Module 2: Sales Comparison Extraction and Allocation Approaches
Module 3: Income Capitalization Procedures
Module 4: Subdivision Analysis
Conclusion
Learning Objectives:
Conclude the highest and best use of a vacant site and an improved property.
Estimate site value using the Sales Comparison method.
Estimate site value using Market Extraction.
Estimate site value using the Allocation Method.
Estimate site value using Income Capitalization procedures.
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Appraisal Institute Credit Hours
Attendance Hours: 6.0
Exam Hours: 0.0
Category
General [Gen]
Prerequisites
Successful completion of Appraisal Principles, Appraisal Procedures, and Basic Income Capitalization, or an equivalent educational background is required.
Required Technology
Financial Calculator is required for this class.You can take a financial calculator into the exam provided you clear the memory banks before hand. The allowed calculators are: HP 10b, HP 10bii, HP 12c, HP 17bii, HP 19bii calculators or Texas Instruments (TI) BA II PLUS. Other calculators are prohibited for the exam.
Recommended Text
None.
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Tuition
Member: $ 98.00
Regular: $ 116.00
Click Here for State Approvals 
Instructor
Arlen C. Mills, MAI, SRA
Contact Name
John Witham
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Disclaimer
I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a member of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, that I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Appraisal Institute's Code of Professional Ethics and Standard of Professional Appraisal Practice, and that such peer review proceeding may result in termination of my Appraisal Institute membership.
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Additional Information
For online education, you will receive an email from the instructor on the morning of the session start date that will remind you of your login information and the website address to begin your program.
To start immediately if you registered for an online education session in progress (on or after the session start date), go to www.appraisalinstitute.org and log in with the username and password you used when you registered. You will automatically be taken to the "My Appraisal Institute" page. Near the middle of that page your course will be listed with a link next to it that says "Go To Class".
If you have any questions, please email us at tbe@appraisalinstitute.org.
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Online Class Schedule |
Can I enroll in a session that is already in progress?
11/01/2009 - 12/01/2009
11/15/2009 - 12/15/2009
12/01/2009 - 12/31/2009
12/15/2009 - 01/14/2010
01/01/2010 - 01/31/2010
01/15/2010 - 02/14/2010
02/01/2010 - 03/03/2010
02/15/2010 - 03/17/2010
03/01/2010 - 03/31/2010
03/15/2010 - 04/14/2010
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