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    Advanced Concepts & Case Studies

    Register
    March 18-23, 2024 Lafayette, CA
    Date
    March 18-23, 2024
    Location
    Lafayette, CA
    Sponsor
    Northern California Chapter
    Instructor
    Gary S. DeWeese, MAI
    Class Time
    35 hours
    Exam Time
    3 Hours
    Full Price
    $1,400.00
    AI Price
    $1,050.00
    Enroll by March 18!
    View Pricing Options
    Course Description
    This course synthesizes the three approaches to value, examines their applications, and helps you apply basic and advanced valuation techniques. Case studies teach you 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 all the conclusions 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, participants must review all four advanced education courses, as well as basic concepts from qualifying education for certified general real property appraisers.
    Who Should Enroll
    • General real property appraisers who want to improve their ability to apply appraisal methods, techniques, and procedures
    • Candidates for Designation who are working toward an MAI designation
    AI CE Points
    Attend:
    275
    Attend & Pass Exam:
    375
    Pass Only:
    325
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 37 37 Classroom Classroom 08/17/2023 06/15/2026
    AK QE 40 37 3 Classroom Classroom 08/17/2023 07/26/2024
    AL CE 37 37 Classroom Classroom 10/01/2022 09/30/2024 C02794
    AL QE 40 37 3 Classroom Classroom 10/01/2022 09/30/2024 C02794
    AR CE 35 35 Classroom Classroom 11/20/2023 11/19/2025
    AR QE 38 35 3 Classroom Classroom 11/20/2023 11/19/2025
    AZ CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    AZ QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    CA CE 37 37 Classroom Classroom 08/27/2022 08/26/2026 10754207
    CA QE 40 37 3 Classroom Classroom 08/27/2022 08/26/2026 10754207
    CO CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2024
    CO QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026
    CT CE 18 18 Classroom Classroom 08/17/2023 07/12/2026 AAL.001079
    DC CE 35 35 Classroom Classroom 07/19/2023 02/28/2024 6099
    DC CE 35 35 Classroom Classroom 02/29/2024 02/28/2026 6099
    DC QE 38 35 3 Classroom Classroom 03/01/2014 02/28/2024 2989
    DC QE 38 35 3 Classroom Classroom 02/29/2024 02/28/2026 2989
    DE CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    DE QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    FL CE 20 20 Classroom Classroom 12/27/2022 12/27/2024 0009063
    FL QE 30 27 3 Classroom Classroom 12/27/2022 12/27/2024 0009063
    GA CE 38 35 3 Classroom Classroom 01/01/2024 08/16/2026 60542
    GA CE 35 35 Classroom Classroom 01/01/2024 08/16/2026 60544
    GA QE 38 35 3 Classroom Classroom 01/01/2024 08/16/2026 60542
    HI CE 40 37 3 Classroom Classroom 01/01/2024 12/31/2024 23-334
    HI CE 37 37 Classroom Classroom 01/01/2024 12/31/2024 23-334
    HI QE 40 37 3 Classroom Classroom 01/01/2024 12/31/2024 23-334
    IA CE 37 37 Classroom Classroom 08/17/2023 08/16/2026 A518-1144
    IA QE 40 37 3 Classroom Classroom 08/17/2023 08/16/2026 A518-1145
    ID CE 40 37 3 Classroom Classroom 08/17/2023 07/26/2024
    ID QE 40 37 3 Classroom Classroom 08/17/2023 07/26/2024
    IL CE 37 37 Classroom Classroom 01/01/2023 12/31/2024 575.010490
    IL QE 40 37 3 Classroom Classroom 01/01/2023 12/31/2024 573.000701
    IN CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    IN QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    KS CE 35 35 Classroom Classroom 01/01/2024 12/31/2024 156.C24.R
    KS QE 38 35 3 Classroom Classroom 01/01/2024 12/31/2024 291.P24.R
    KY CE 38 35 3 Classroom Classroom 07/01/2023 06/30/2024
    KY QE 38 35 3 Classroom Classroom 07/01/2023 06/30/2024
    LA CE 37 37 Classroom Classroom 08/17/2023 08/16/2026 A0186
    LA QE 40 37 3 Classroom Classroom 08/17/2023 08/16/2026 A0186
    MA CE 35 35 Classroom Classroom 08/17/2023 08/16/2026 10051203
    MA QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 10051235
    MD CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    MD QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    ME CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    ME QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    MI CE 35 35 Classroom Classroom 08/17/2023 09/05/2026 20 - 1103366
    MI QE 38 35 3 Classroom Classroom 08/17/2023 11/20/2026 20 - 1107054
    MN CE 35 35 Classroom Classroom 01/01/2024 10/31/2024 1006709
    MN QE 38 35 3 Classroom Classroom 04/30/2022 04/30/2024 1019541
    MO CE 35 35 Classroom Classroom 06/12/2023 08/16/2026
    MO QE 38 35 3 Classroom Classroom 06/12/2023 08/16/2026
    MS CE 35 35 Classroom Classroom 03/31/2023 07/27/2025 MAB#49815
    MS CE 38 35 3 Classroom Classroom 03/31/2023 07/27/2025 MAB#49815
    MS QE 38 35 3 Classroom Classroom 07/30/2023 07/27/2025 MAB #49815
    MT CE 38 35 3 Classroom Classroom 06/25/2023 06/13/2026 REA-CEC-REC-16800
    MT QE 38 35 3 Classroom Classroom 06/25/2023 06/13/2026 REA-CEC-REC-16800
    ND CE 38 35 3 Classroom Classroom 10/18/2010 CE-201031
    ND QE 35 32 3 Classroom Classroom 10/18/2010
    NE QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    NH CE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024
    NH QE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024
    NJ CE 35 35 Classroom Classroom 08/17/2023 08/16/2026 2023-3428
    NJ QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 2023-3428
    NM CE 35 35 Classroom Classroom 08/17/2023 08/16/2026 4293
    NM CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 4293
    NM QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 4293
    NV CE 35 35 Classroom Classroom 11/01/2023 10/31/2024 CE.0009498-A
    NV QE 38 35 3 Classroom Classroom 10/01/2023 09/30/2024 PL.0008418-A
    NY CE 35 35 Classroom Classroom 01/01/2024 12/31/2024 A4424-28
    OH CE 38 35 3 Classroom Classroom 01/01/2024 12/31/2024 084400204A 22
    OH QE 48 35 3 Classroom Classroom 01/01/2012
    OH QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    OK CE 35 35 Classroom Classroom 08/17/2023 08/16/2026 811
    OK QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 674
    OR CE 38 35 3 Classroom Classroom 08/24/2023 08/16/2026 APIN-C-0810-1821
    OR QE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024 APIN-Q-0821-8894
    PA CE 37 37 Classroom Classroom 02/12/2024 07/26/2024
    PA QE 40 37 3 Classroom Classroom 02/12/2024 07/26/2024
    PR CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    PR QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    RI CE 35 35 Classroom Classroom 08/17/2023 07/26/2024 REA.0002039-CE
    RI QE 38 35 3 Classroom Classroom 08/17/2023 07/26/2024 REA.0002039-CE
    RI QE 38 35 3 Classroom Classroom 07/27/2024 08/16/2026 REA.0002094-CE
    SC CE 40 37 3 Classroom Classroom 09/01/2022 08/31/2024 CE1145
    SC QE 38 35 3 Classroom Classroom 09/01/2022 08/31/2024 AC .1145
    SD QE 38 35 3 Classroom Classroom 11/01/2022 01/05/2025 SD 588
    TN CE 35 35 Classroom Classroom 09/01/2022 10/31/2024 1437
    TN QE 38 35 3 Classroom Classroom 09/01/2022 10/31/2024 1437
    TX CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2025 TX Provider #:10 Course #: 43945
    TX QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 TX Provider #: 8038 Course #: 34718
    UT CE 35 35 Classroom Classroom 08/28/2023 08/31/2025 AC230830
    UT QE 38 35 3 Classroom Classroom 10/19/2020 06/30/2025 AQ230628
    VA CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    VA QE 38 35 3 Classroom Classroom 04/01/2022 08/31/2025 4006000909
    VT CE 38 35 3 Classroom Classroom 08/03/2021 07/10/2027
    VT QE 38 35 3 Classroom Classroom 08/03/2021 07/10/2027
    WI CE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    WI QE 38 35 3 Classroom Classroom 08/16/2023 08/16/2026 74437
    WV CE 37 37 Classroom Classroom 08/17/2023 07/26/2024
    WV QE 40 37 3 Classroom Classroom 08/17/2023 07/26/2024
    WY CE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 141
    WY QE 38 35 3 Classroom Classroom 08/17/2023 08/16/2026 141
    Course Objectives
    • Develop and reconcile the cost, income capitalization, 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 the cost, income capitalization, 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 the cost, income capitalization, and sales comparison approaches for a property in a market not at equilibrium.
    • Conduct inferred and fundamental analysis based on data provided in case studies.
    • Develop and reconcile the cost, income capitalization, and sales comparison approaches for a subdivision.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:
    Yes. A pre-class, 2-hour online session.

    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.
    • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
    • For more information and a free review, click here.
    • For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
    • HP-12C calculator User's Manual.

    Additional Information:

    Course Materials Include:

    • Course Handbook (513 pp.)
    • Solutions Booklet (110 pp.)
    • Case Study Booklet (86 pp.)
    • Self-Study Problems (40 pp.)

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

    Designated members, Candidates for Designation and Practicing Affiliates will receive the discounted AI Price for the MAI designation courses: Advanced Income Capitalization, Advanced Market Analysis and Highest Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will pay full price.
    For more information on how to become a Candidate for Designation, click here.

    Important Note: Mandatory Diagnostic Test
    Before enrolling in this or any other MAI designation course, you must take a diagnostic test. The Excel diagnostic tests your mastery of solving appraisal problems using spreadsheets. This diagnostic test was intentionally designed to be challenging and ensure participants have adequate Excel skills before taking MAI designation courses. For more information, check out the Diagnostic FAQ.

     

    Excel is used extensively in the MAI designation courses; it is highly recommended that you know how to perform the necessary appraisal functions in Excel to succeed in this course.

    The diagnostic test is free and can be taken at any time on your personal computer. To register for the test, please click here.

    This course implements a blended learning approach, which includes:
    • A pre-class, 2-hour online session
    • 35 hours of traditional classroom education
    • A 3-hour exam on the 6th morning.

    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

    Requirements:

    • Microsoft Excel 2007 or 2010 must be loaded and operational (external mouse recommended). (You may use other spreadsheet programs, but those programs won’t be supported in class; demonstrations will be done in Excel.)     
    • Do not enroll expecting to be taught how to use Excel. 

    Additional Course Offerings
    Sponsor Date Location Format
    South Texas Chapter February 26 - March 2, 2024 San Antonio, TX Classroom View Details Register
    Appraisal Institute April 1-11, 2024 Synchronous View Details Register
    Chicago Chapter April 8-13, 2024 Chicago, IL Classroom View Details Register
    Tennessee Chapter April 22-27, 2024 Nashville, TN Classroom View Details Register
    Bluegrass Chapter September 9-14, 2024 Louisville, KY Classroom View Details Register
    Appraisal Institute October 21-31, 2024 Synchronous View Details Register
    Event Information

    Location

    Lafayette Library and Learning Center
    Arts and Science Discovery Room
    3491 Mt. Diablo Boulevard
    Lafayette, CA 94549
    925-385-2280
    Directions


    BART and Onsite Parking

    • The Lafayette Library and Learning Center is conveniently located within a short walk of the Lafayette BART Station
    • Parking is available on-site at the LLLC; access garage via Golden Gate Way. Street parking is also available.
    • You can enter the Arts and Science Discovery Room from the hallway off the 2nd Floor of the parking garage
    • The limited parking signs inside the library's garage do not apply; you may confidently park within the library's garage without fear of being ticketed


    Program Hours and Materials

    Onsite check-in will begin at 8:00am on Monday, March 18. "Live / in-person" Instruction will run from 8:30am – 4:30pm (Pacific Time) daily March 18-22.  The three-hour exam will be administered at 8:30am on Saturday, March 23.  Students will be on their own for lunch; numerous eateries are available within close walking distance.


    Tips on Downloading the Course Handbook

    Upon registering, students will have access to the downloadable course materials.  Students are strongly encouraged to have pre-printed and/or pre-downloaded the materials.  Do not wait until the day of the course to download as the files are quite large.  

    • Log in to My Account (https://www.appraisalinstitute.org/)
    • Select Education & Events (right sidebar)
    • See list of all offerings, scroll to Advanced Concepts and Case Studies and select View
    • You will now see a box that contains downloadable program materials
    • Click link(s) to download:

    • Course Handbook (513 pp.)
    • Solutions Booklet (110 pp.)
    • Case Study Booklet (86 pp.)
    • Self-Study Problems (40 pp.)


    Ordered Printed Materials or Need Assistance in Downloading? If you have not received your pre-printed materials (must be selected at the time of online registration; extra fees apply), have any questions or difficulty in accessing the electronic course materials required for this offering, please contact the Appraisal Institute's Education Delivery Department directly at 312-335-4207 or education@appraisalinstitute.org.  


    Required Text

    • None other than the Course Handbook, Solutions Booklet, Case Study Booklet and Self-Study Problems referenced above

    Required Equipment (including Excel)

    • 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.
    • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
    • For more information and a free review, click here.
    • For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator
    • HP-12C calculator User's Manual.

    • Microsoft Excel 2007 or 2010 must be loaded and operational (external mouse recommended). (You may use other spreadsheet programs, but those programs won’t be supported in class; demonstrations will be done in Excel.)     
    • Do not enroll expecting to be taught how to use Excel. 

    • Students will need a No. 2 pencil for the exam

    Education Credit Hours and Attendance Verifications
    Those who check in late, leave early or are not in attendance during non-scheduled breaks may jeopardize receipt of credit.

    Appraisal Institute: Full attendance (100%) and successful completion of the exam enables Designated Members, Candidates for Designation and Practicing Affiliates to receive 375 AI CEC points; 275 points for full attendance only (no exam). 

    BREA ContinuingAdvanced Concepts and Case Studies has been approved by the BREA (#10754207) for 37-hours of BREA CEC. Full (100%) attendance required but BREA CEC (continuing education credit) does not require successful completion of the exam.

    BREA Basic/QualifyingAdvanced Concepts and Case Studies is approved for 40-hours of BREA qualifying education (QE) credit (#10754207with full (100%) attendance and successful completion of the course exam.


    If you are seeking credit for this offering from a state outside of California, check with your state licensing board(s) to make sure an out-of-state offering will be accepted before registering.  It is best to speak directly with a representative from your board rather than relying on information posted to the web.  Note: Some states outside of California may have additional reporting requirements that the chapter is not able to comply with.


    Attendance Verification Process Effective 10/01/19
    Verified attendance certificates will be available for downloading within 15 working days of the offering

    • Logging into My Account www.appraisalinstitute.org
    • Select EDUCATION
    • Click on the specific offering that you are seeking the certificate for; it will show REGISTERED
    • Scroll to the very bottom of the screen to (1) COMPLETE EVALUATION FORM and (2) RETRIEVE CERTIFICATE

    Note:  Effective 10/01/19 students will be able to access their attendance certificates 24/7 through the Appraisal Institute's netFORUM association management program.  The Northern California Chapter does not have direct access to certificates for programs held after this time. Any issues in retrieving certificates should be brought directly to the attention of the Appraisal Institute's Education Delivery Department at 312/335-4207 or education@appraisalinstitute.org.  

    Confirmation Emails

    All confirmed registrants will receive a payment receipt plus a separate confirmation by email.  Be sure that you can accept emails from each of the following email addresses: 

    Any last minute updates to this offering will most likely be sent from lisa@norcal-ai.ccsend.com


    Note: 
     If you do not receive emails on a regular basis from the Northern California Chapter (lisa@norcal-ai.ccsend.com), be sure to visit our homepage and sign-up to receive our emails.  Registrants will not want important details like location changes or material downloads defaulting to spam / junk or be classified as undeliverable.  Those who work for financial institutions or government agencies my need to enlist the assistance of their IT Department to insure email delivery.


    Accommodations

    The following hotels are within proximity of the Lafayette Library and Community Center

    • Lafayette Park Hotel - 925/263-1715 - 3287 Mt. Diablo Boulevard, Lafayette, CA
    • Diablo Mountain Inn - 925/937-5050 - 2079 Mt. Diablo Boulevard, Walnut Creek, CA
    • Embassy Suites (at Pleasant Hill BART) - 925/934-2500 - 1345 Treat Boulevard, Walnut Creek, CA
    • Residence Inn (walking distance to WC BART) - 925/433-5215 - 2050 N California Blvd, Walnut Creek, CA

    Click here - for additional lodging options in the Lafayette / Walnut Creek Area.  Some students have also explored options for vrbo and Airbnb options.


    Questions? Contact Us
    Northern California Chapter
    925/932-7753 l 916/972-9700
    via email



    The Northern California Chapter looks forward to welcoming you to a "LIVE" in-person educational offering.

    View additional offerings sponsored by the Northern California Chapter 


    IMPORTANT:  
    CEC Approvals: Approval outside of California or acceptance of out-of-state providers cannot be guaranteed.  If you are seeking credit for this offering from a state outside of California, check directly with your state licensing board(s) - before registering - to make sure that they will accept credit from an out-of-state provider.  Some states may have special pre-approval or reporting requirements that the chapter is not able to comply with.  Use caution in relying on website approvals as they may not be up-to-date.

    This Course Includes
    mandatory 2-hour online pre-course session required for successful completion

    • this self-paced pre-course / on demand session will become available on February 18
    • this self-paced pre-course session/ on demand must be completed by March 12
    There is a 3-hour examination administered on the morning of the 6th day (March 23)

     


    COVID Protocols:  All registrants attending a live-classroom offering do so at their own risk.  Each registrant is individually responsible for being aware of and following state, city and county COVID protocols and guidelines.