
- Date
- June 23 - July 3, 2025
- Time
- 10:00 am - 2:30 pm (CST)
- Sponsor
- Appraisal Institute
- Location
- Appraisal Institute - Synchronous (Live Online)
- Instructor
- Kerry M. Jorgensen, MAI
- Class Time
- 35 hours
- Exam Time
- 3 Hours
- Full Price
- $1,400.00
- AI Price
- $1,050.00
Course Description
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
State Approvals
State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
---|---|---|---|---|---|---|---|---|---|
AK | CE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | 19951 |
AK | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | 19951 |
AL | CE | 38 | 35 | 3 | Synchronous | Synchronous | 11/14/2024 | 09/30/2026 | C03028 |
AL | QE | 38 | 35 | 3 | Synchronous | Synchronous | 11/14/2024 | 09/30/2026 | C03028 |
AR | CE | 38 | 35 | 3 | Synchronous | Synchronous | 11/20/2023 | 11/19/2025 | |
AR | QE | 38 | 35 | 3 | Synchronous | Synchronous | 11/20/2023 | 11/19/2025 | |
AZ | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
AZ | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
CA | CE | 37 | 37 | Synchronous | Synchronous | 11/18/2023 | 08/26/2026 | 10754207 | |
CA | QE | 40 | 37 | 3 | Synchronous | Synchronous | 11/18/2023 | 08/26/2026 | 10754207 |
CO | CE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2021 | 08/16/2026 | 2487 |
CO | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2021 | 08/16/2026 | 2487 |
CT | CE | 18 | 18 | Synchronous | Synchronous | 07/27/2024 | 07/12/2026 | AAL.001079 | |
CT | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 07/12/2026 | APR.000304 |
DC | CE | 35 | 35 | Synchronous | Synchronous | 02/29/2024 | 02/28/2026 | 3989 | |
DC | QE | 38 | 35 | 3 | Synchronous | Synchronous | 02/29/2024 | 02/28/2026 | 3889 |
DE | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
DE | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
FL | CE | 30 | 27 | 3 | Synchronous | Synchronous | 11/22/2024 | 11/21/2026 | 0010456 |
GA | CE | 38 | 35 | 3 | Synchronous | Synchronous | 01/01/2024 | 08/16/2026 | 60544 |
GA | QE | 38 | 35 | 3 | Synchronous | Synchronous | 01/01/2024 | 08/16/2026 | 60542 |
HI | CE | 40 | 37 | 3 | Synchronous | Synchronous | 01/01/2024 | 08/16/2026 | 23-460 |
HI | CE | 37 | 37 | Synchronous | Synchronous | 01/01/2024 | 08/16/2026 | 23-460 | |
HI | QE | 40 | 37 | 3 | Synchronous | Synchronous | 01/01/2024 | 08/16/2026 | 23-460 |
IA | CE | 37 | 37 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | A518-1144 | |
IA | QE | 40 | 37 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | A518-1145 |
ID | CE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | |
ID | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | |
IL | CE | 27 | 27 | Synchronous | Synchronous | 12/18/2024 | 12/31/2026 | 575.010490 | |
IN | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
IN | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
KS | CE | 35 | 35 | Synchronous | Synchronous | 01/01/2025 | 12/31/2025 | 155.C25.R | |
KS | QE | 38 | 35 | 3 | Synchronous | Synchronous | 01/01/2025 | 12/31/2025 | 292.P25.R |
KY | CE | 35 | 35 | Synchronous | Synchronous | 07/01/2024 | 05/30/2025 | ||
KY | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/01/2024 | 05/30/2025 | |
LA | CE | 37 | 37 | Synchronous | Synchronous | 08/17/2023 | 08/16/2026 | A0186 | |
LA | QE | 40 | 37 | 3 | Synchronous | Synchronous | 08/17/2023 | 08/16/2026 | A0186 |
MA | CE | 35 | 35 | Synchronous | Synchronous | 07/27/2023 | 08/16/2026 | 10051203 | |
MA | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/17/2023 | 08/16/2026 | 10051235 |
MD | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
MD | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
ME | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
ME | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
MI | CE | 35 | 35 | Synchronous | Synchronous | 09/05/2023 | 09/05/2026 | 20 - 1103366 | |
MI | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/17/2023 | 11/20/2026 | 20 - 1107054 |
MN | QE | 38 | 35 | 3 | Synchronous | Livestream | 04/30/2022 | 04/30/2026 | 1019541 |
MO | CE | 35 | 35 | Synchronous | Synchronous | 06/12/2023 | 08/16/2026 | ||
MO | QE | 38 | 35 | 3 | Synchronous | Synchronous | 06/12/2023 | 08/16/2026 | |
MS | CE | 35 | 35 | Synchronous | Synchronous | 07/29/2023 | 07/27/2025 | MAB#49815 | |
MS | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/30/2023 | 07/27/2025 | MAB#49815 |
MT | CE | 38 | 35 | 3 | Synchronous | Synchronous | 01/01/2022 | 06/13/2026 | REA-CEC-REC-16800 |
MT | QE | 38 | 35 | 3 | Synchronous | Synchronous | 01/01/2022 | 06/13/2026 | REA-CEC-REC-16800 |
NC | QE | 40 | 37 | 3 | Synchronous | Synchronous | 01/01/2025 | 12/31/2025 | |
ND | CE | 40 | 37 | 3 | Synchronous | Synchronous | 10/30/2015 | ||
ND | CE | 38 | 35 | 3 | Synchronous | Livestream | 01/01/2022 | CE-201031 | |
ND | CE | 35 | 35 | Synchronous | Livestream | 01/01/2022 | |||
ND | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437, QE-221014 |
ND | QE | 35 | 32 | 3 | Synchronous | Livestream | 01/01/2022 | ||
ND | QE | 38 | 35 | 3 | Synchronous | Synchronous | 05/08/2024 | 08/16/2026 | QE-221014 |
NJ | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/17/2023 | 08/16/2026 | 2023-3428 |
NJ | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/17/2023 | 08/16/2026 | 2023-3428 |
NM | CE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | 4424 |
NM | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | 4424 |
NV | CE | 35 | 35 | Synchronous | Synchronous | 11/04/2024 | 10/31/2025 | CE.0009498-A | |
NY | CE | 28 | 28 | Synchronous | Livestream | 01/01/2025 | 12/31/2025 | A4424 | |
OH | CE | 35 | 35 | Synchronous | Synchronous | 01/01/2025 | 12/31/2025 | 084503503A 25 | |
OH | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
OK | CE | 35 | 35 | Synchronous | Livestream | 08/17/2023 | 08/16/2026 | 811 | |
OK | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/07/2024 | 08/16/2026 | 674 |
OR | CE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | APIN-Q-0424-9031 |
OR | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | APIN-Q-0424-9031 |
PA | CE | 37 | 37 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | ||
PA | QE | 40 | 37 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | |
PR | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
PR | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
RI | CE | 35 | 35 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | REA.0002200-CE | |
RI | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | REA.0002200-CE |
SC | CE | 38 | 35 | 3 | Synchronous | Synchronous | 09/01/2024 | 08/31/2026 | AC . 1145 |
SC | QE | 38 | 35 | 3 | Synchronous | Synchronous | 09/01/2024 | 08/31/2026 | AC . 1145 |
SD | CE | 38 | 35 | 3 | Synchronous | Synchronous | 03/25/2025 | 08/16/2026 | SD 715 |
SD | QE | 38 | 35 | 3 | Synchronous | Synchronous | 03/25/2025 | 08/16/2026 | SD 715 |
TN | CE | 35 | 35 | Synchronous | Synchronous | 01/22/2025 | 10/31/2026 | 1437 | |
TN | QE | 38 | 35 | 3 | Synchronous | Synchronous | 01/22/2025 | 10/31/2026 | 1437 |
TX | CE | 38 | 35 | 3 | Synchronous | Synchronous | 10/01/2023 | 08/16/2025 | TX Provider #:10 Course #: 43945 |
TX | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/17/2023 | 08/16/2026 | TX Provider #: 8038 Course #: 34718 |
UT | CE | 37 | 37 | Synchronous | Synchronous | 03/01/2024 | 02/28/2026 | AC240210 | |
UT | QE | 38 | 35 | 3 | Synchronous | Synchronous | 04/01/2024 | 06/30/2025 | AQ230628 |
VA | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
VA | QE | 40 | 37 | 3 | Synchronous | Synchronous | 07/01/2024 | 08/16/2026 | |
VT | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/03/2021 | 07/10/2027 | |
VT | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/03/2021 | 07/10/2027 | |
WA | CE | 35 | 35 | Synchronous | Synchronous | 03/08/2024 | 08/16/2026 | A24005445 | |
WA | CE | 38 | 35 | 3 | Synchronous | Livestream | 03/06/2025 | 03/06/2026 | A25007323 (Washington Idaho Montana Chapter) |
WA | QE | 38 | 35 | 3 | Synchronous | Synchronous | 03/08/2024 | 08/16/2026 | A24005445 |
WA | QE | 38 | 35 | 3 | Synchronous | Livestream | 03/06/2025 | 03/06/2026 | A25007323 (Washington Idaho Montana Chapter) |
WI | CE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
WI | QE | 38 | 35 | 3 | Synchronous | Synchronous | 08/16/2023 | 08/16/2026 | 74437 |
WV | CE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | |
WV | QE | 38 | 35 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | |
WY | CE | 40 | 37 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 | |
WY | QE | 40 | 37 | 3 | Synchronous | Synchronous | 07/27/2024 | 08/16/2026 |
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
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 Handbook (513 pp.)
- Solutions Booklet (110 pp.)
- Case Study Booklet (86 pp.)
- Self-Study Problems (40 pp.)
This course implements a blended learning approach which includes:
-
Mandatory diagnostic test. Before enrolling in this or any other MAI designation course, you must take an Excel diagnostic to demonstrate your mastery of solving appraisal problems using spreadsheets. The diagnostic is intentionally designed to be challenging and ensure participants have adequate Excel skills before taking MAI designation courses. The diagnostic test is free and can be taken at any time on your personal computer. To register for the test, please click here. For more information, check out the Diagnostic FAQ.
-
A pre-class, on demand (self-paced) online session component. The on demand component is available beginning 28 days before the live online (synchronous) course begins. The online component requires the completion of a pre-class assignment at least 2 days before the live online (synchronous) course begins.
-
30 hours of live online (synchronous) education. Each live online session runs for 4.0 hours each day with at least 2 breaks during that time. The course runs for 8 half-days (Monday – Thursday) over 2 weeks.
-
A 3-hour proctored exam at an offline testing center. You will have 90 days from the time that you complete the course to take the proctored exam. Testing center locations in your area can be found by clicking on this link: www.pearsonvue.com/ai.
Pricing
Appraisal Institute Designated members, Candidates for Designation, and Associate Members will receive the discounted AI Price for MAI Designation education courses: Advanced Income Capitalization, Advanced Market Analysis and Highest & Best Use, Advanced Concepts & Case Studies, and Quantitative Analysis. All others will pay full price. For more information on how to become a Candidate for Designation, click here.
Other Details
Please review the FAQs for more information regarding registration and cancellation deadlines, the mandatory diagnostic test, on demand online session component, and course equivalencies.
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.
Prerequisites
- Advanced Education Diagnostic Test
- Advanced Income Capitalization
- General Appraiser Sales Comparison Approach
- General Appraiser Market Analysis and Highest & Best Use
- General Appraiser Income Approach/Part 1
- General Appraiser Income Approach/Part 2
- General Appraiser Report Writing and Case Studies
Course Materials & Recommended Books
- Market Analysis for Real Estate, 2nd ed.
- The Valuation of Apartment Properties, 3rd ed.
- Subdivision Valuation, 2nd ed.
- Shopping Center Appraisal and Analysis, 2nd ed.
- The Valuation of Office Properties: A Contemporary Perspective
- The Appraisal of Real Estate, 15th ed.
- The Dictionary of Real Estate Appraisal, 7th ed.
Pricing Options
Rate | Full Price | AI Price |
---|---|---|
Standard
Today thru 07/02/2025 |
$1,400.00 | $1,050.00 |
Additional Course Offerings
Sponsor | Date | Location | Format | ||
---|---|---|---|---|---|
North Texas Chapter | May 19-24, 2025 | Irving, TX | Classroom | View Details | Register |
Washington Idaho Montana Chapter | July 14-19, 2025 | Spokane, WA | Classroom | View Details | Register |
Southern California Chapter | September 8-13, 2025 | Costa Mesa, CA | Classroom | View Details | Register |
Bluegrass Chapter | September 22-27, 2025 | Louisville, KY | Classroom | View Details | Register |
Event Information
Class Schedule:
Class begins each day at 10:00AM Central time (8:00AM Pacific, 9:00AM Mountain, 11:00AM Eastern). Each class runs for four and half hours (4.50) each day with at least two breaks during that time. The course runs for eight (8) half-days. Times shown are U.S. Central (Chicago) All students must be 100% present for the class in order to receive credit. Partial credit will not be awarded. Anyone who isn’t present 100% receives no credit and is responsible for continuing the program on their own time.
Day 1: Monday, June 23, 10:00 am - 2:30 pm
Day 2: Tuesday, June 24, 10:00 am - 2:30 pm
Day 3: Wednesday, June 25, 10:00 am - 2:30 pm
Day 4: Thursday, June 26, 10:00 am - 2:30 pm
(No class on Friday, Saturday, or Sunday)
Day 5: Monday, June 30, 10:00 am - 2:30 pm
Day 6: Tuesday, July 1, 10:00 am - 2:30 pm
Day 7: Wednesday, July 2, 10:00 am - 2:30 pm
Day 8: Thursday, July 3, 10:00 am - 2:30 pm
Exam:
You will have 90 days from the time that you complete the course to take the proctored exam, either online or at a testing center. You can schedule the exam within 48 business hours after the course has been marked for completion. Review your account for the “Schedule Your Exam” messaging.
Testing center locations in your area can be found by clicking on this link: www.pearsonvue.com/ai. For more information, visit our Exam FAQ page.
Download Course Materials:
- Login to your AI Account at www.appraisalinstitute.org with the username and password you used when you registered.
- Click on “Education and Events” located in the menu on the right-hand side.
- On the My Events page, find the course under the “Classroom Offerings/Synchronous Offerings/Conferences” heading and click the "View" button.
- Scroll down to the “Download Course Materials” section and click on each link to download the course materials.
Location:
This course will be held via live interactive classroom technology. See below important participation requirements.
State Credit:
A course may NOT be approved in every state for every delivery format. For example, some states do NOT allow any virtual education. When registering for any Appraisal Institute course, all participants will be required to check state approvals based on delivery format. For more information, see our state approvals page.
Participation Requirements: AI National Synchronous students are required to have a computer, webcam, and microphone capability to participate and receive continuing or qualifying education credit where approved. It is the student’s responsibility to have the required equipment to participate and receive credit. Visit the System Requirements for Attendees and Share Webcam pages for help.
- All students are required to always keep their webcam on with their entire face fully visible while class is in session.
- Attendance will be monitored throughout the day through webcams and polling.
- A photo ID must be uploaded to the offering page prior to the start date of the offering. Please refer to the Appraisal Institute Synchronous Resources for instructions on how to upload your ID.
- Any issues with the upload, please contact customerservice@appraisalinstitute.org or call (888) 756-4624.
The instructor must be able to interact with all students. Instructors and administrators will direct questions to each student in the morning and afternoon to which students must respond. Students must be in a location that allows for their full attention and interaction at all times.
For questions regarding these classroom participation requirements, contact the Appraisal Institute at customerservice@appraisalinstitute.org or call (888) 756-4624.
Connection Information:
Several minutes after you receive your Appraisal Institute receipt email, you will receive a second email from GoToTraining which will include instructions on connecting to the live session and a link to a small download of the GoToTraining software. The software runs on almost all operating systems and popular browsers. Connection email reminders are sent at specific intervals: 1 week, 1 day, and 1 hour prior to the live session start time. If you do not receive the connection information, please check your junk, spam, or quarantine folders. For questions, please email customerservice@appraisalinstitute.org or call (888) 756-4624
Note: Work devices with strong VPNs or firewalls have trouble connecting to GTT systems. It is recommended to use your personal device or to reach out to your organization’s IT department for assistance prior to the first session.