- Date
- June 17-21, 2024
- Sponsor
- Seattle Chapter
- Location
- CBRE
1420 5th Ave
4th floor conference room
Seattle, WA 98101
- Instructor
- Rick L. Carlile, MAI, SRA
- Class Time
- 30 hours
- Exam Time
- 3 Hours
- Full Price
- $1,300.00
- AI Price
- $1,000.00
Course Description
Who Should Enroll
- General real property appraisers with a solid background in the income capitalization approach
- Candidates for Designation who are working toward an MAI designation
- Accountants
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 | 32 | 32 | Classroom | Classroom | 09/01/2023 | 06/15/2026 | 18587 | |
AK | QE | 35 | 32 | 3 | Classroom | Classroom | 09/01/2023 | 06/15/2026 | 18587 |
AL | CE | 32 | 32 | Classroom | Classroom | 10/01/2022 | 09/30/2024 | C02661 | |
AL | QE | 35 | 32 | 3 | Classroom | Classroom | 10/01/2022 | 09/30/2024 | C02661 |
AR | CE | 30 | 30 | Classroom | Classroom | 07/01/2022 | 06/13/2025 | ||
AR | QE | 33 | 30 | 3 | Classroom | Classroom | 07/01/2022 | 06/13/2025 | |
AZ | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
AZ | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
CA | CE | 30 | 30 | Classroom | Classroom | 09/02/2022 | 09/01/2026 | 10754211 | |
CA | QE | 33 | 30 | 3 | Classroom | Classroom | 09/02/2022 | 09/01/2026 | 10754211 |
CO | CE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 2429 |
CO | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 2429 | |
CO | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 2429 |
CT | CE | 18 | 18 | Classroom | Classroom | 09/01/2023 | 07/12/2026 | AAL.001080 | |
CT | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 07/12/2026 | APR.000305 |
DC | CE | 33 | 30 | 3 | Classroom | Classroom | 02/29/2024 | 02/28/2026 | 4063 |
DC | QE | 33 | 30 | 3 | Classroom | Classroom | 02/29/2024 | 02/28/2026 | 4063 |
DE | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
DE | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
FL | CE | 20 | 20 | Classroom | Classroom | 05/07/2024 | 05/06/2026 | 0008737 | |
GA | CE | 30 | 30 | Classroom | Classroom | 06/15/2010 | 60369 | ||
GA | CE | 33 | 30 | 3 | Classroom | Classroom | 06/14/2010 | 60370 | |
GA | QE | 33 | 30 | 3 | Classroom | Classroom | 06/14/2010 | 60370 | |
HI | CE | 33 | 33 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 23-332 | |
HI | CE | 35 | 33 | 2 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 23-332 |
HI | QE | 35 | 33 | 2 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 23-332 |
IA | CE | 33 | 33 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | A518-1142 | |
IA | QE | 35 | 33 | 2 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | A518-1143 |
ID | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | ||
ID | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | |
IL | CE | 32 | 32 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 575.010503 | |
IL | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 573.000705 |
IN | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
IN | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
KS | CE | 30 | 30 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 157.C24.R | |
KS | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 293.P24.R |
KY | CE | 33 | 30 | 3 | Classroom | Classroom | 07/01/2023 | 06/30/2024 | |
KY | QE | 33 | 30 | 3 | Classroom | Classroom | 07/01/2023 | 06/30/2024 | |
LA | CE | 33 | 33 | Classroom | Classroom | 09/01/2023 | 02/18/2025 | ||
LA | QE | 35 | 33 | 2 | Classroom | Classroom | 09/01/2023 | 02/18/2025 | |
MA | CE | 32 | 32 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 10051203 | |
MA | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 10051234 |
MD | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
MD | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
ME | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
ME | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
MI | CE | 30 | 30 | Classroom | Classroom | 03/22/2024 | 12/14/2026 | 20-952143 | |
MI | QE | 33 | 30 | 3 | Classroom | Classroom | 03/22/2024 | 12/14/2026 | 20 - 952099 |
MN | CE | 30 | 30 | Classroom | Classroom | 05/04/2010 | 05/31/2026 | 1005226 | |
MN | QE | 33 | 30 | 3 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 1011378 |
MO | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | ||
MO | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | |
MS | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 07/27/2025 | MAB #49302 | |
MS | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 07/27/2025 | MAB #49302 |
MT | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 06/13/2026 | REA-CEC-REC-16801 | |
MT | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 06/13/2026 | REA-CEC-REC-16801 |
NC | QE | 30 | 30 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | ||
ND | CE | 33 | 30 | 3 | Classroom | Classroom | 04/28/2010 | CE-201005 | |
ND | QE | 33 | 30 | 3 | Classroom | Classroom | 04/27/2010 | ||
NE | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 1211451.02 |
NH | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 02/18/2025 | ||
NJ | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 2023-3430 | |
NJ | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 2023-3430 |
NM | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 4291 | |
NM | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 4291 |
NV | CE | 30 | 30 | Classroom | Classroom | 12/01/2019 | 06/30/2024 | CE.0009729-A | |
NV | QE | 33 | 30 | 3 | Classroom | Classroom | 04/01/2021 | 06/30/2024 | PL.0009434-A |
NY | CE | 30 | 30 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | A4089-28 | |
NY | QE | 33 | 30 | 3 | Classroom | Classroom | 09/30/2023 | 09/30/2024 | A4089-28 |
OH | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 084400104A 22 |
OH | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2012 | ||
OH | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
OK | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 708 | |
OK | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 673 |
OR | CE | 33 | 33 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | APIN-Q-1121-8900 | |
OR | CE | 35 | 33 | 2 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | APIN-Q-1121-8900 |
OR | QE | 35 | 33 | 2 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | APIN-Q-1121-8900 |
PA | CE | 30 | 30 | Classroom | Classroom | 02/12/2024 | 08/31/2026 | ||
PA | QE | 33 | 30 | 3 | Classroom | Classroom | 02/12/2024 | 08/31/2026 | |
PR | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
PR | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
RI | CE | 32 | 32 | Classroom | Classroom | 09/01/2023 | 02/18/2025 | REA.0001525-CE | |
RI | QE | 35 | 32 | 3 | Classroom | Classroom | 09/01/2023 | 02/18/2025 | REA.0001525-CE |
SC | CE | 32 | 32 | Classroom | Classroom | 09/01/2022 | 08/31/2024 | CE1101 | |
SC | QE | 35 | 32 | 3 | Classroom | Classroom | 09/01/2022 | 08/31/2024 | QEE2031 |
SD | CE | 35 | 32 | 3 | Classroom | Classroom | 03/22/2022 | 03/04/2025 | SD568 |
SD | QE | 35 | 32 | 3 | Classroom | Classroom | 03/04/2022 | 03/04/2025 | SD 568 |
TN | CE | 30 | 30 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 1388 | |
TN | CE | 30 | 30 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 1388 | |
TN | QE | 33 | 30 | 3 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 1388 |
TX | CE | 33 | 30 | 3 | Classroom | Classroom | 10/01/2022 | 08/31/2025 | TX Provider #:10 Course #:44089 |
TX | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | TX Provider #: 8038 Course #: 27890 |
UT | CE | 30 | 30 | Classroom | Classroom | 02/01/2024 | 02/28/2026 | AC240213 | |
UT | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 06/30/2025 | AQ230629 |
VA | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
VA | QE | 33 | 30 | 3 | Classroom | Classroom | 06/16/2022 | 06/30/2024 | 4006000795 |
VA | QE | 33 | 30 | 3 | Classroom | Classroom | 07/01/2024 | 08/31/2026 | |
VT | CE | 32 | 32 | Classroom | Classroom | 01/21/2021 | 01/21/2025 | ||
VT | QE | 35 | 32 | 3 | Classroom | Classroom | 01/21/2021 | 01/21/2025 | |
WA | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 02/18/2025 | A21034321 | |
WA | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2023 | 02/18/2025 | A21034321 |
WI | CE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
WI | QE | 33 | 30 | 3 | Classroom | Classroom | 08/31/2023 | 08/31/2026 | 74607 |
WV | CE | 30 | 30 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | ||
WV | QE | 33 | 30 | 3 | Classroom | Classroom | 06/26/2023 | 08/31/2026 | |
WY | CE | 33 | 33 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 185 | |
WY | QE | 35 | 33 | 2 | Classroom | Classroom | 09/01/2023 | 08/31/2026 | 185 |
Course Objectives
- Recognize operating income issues, including complex lease structures, reimbursements, and tenant improvement allowances.
- Apply property valuation techniques related to property taxes that are a function of market value, reversions, property models, and supporting the discount rate.
- Identify complex mortgage instruments and the effects of leverage.
- Develop an equity valuation.
- Recognize investor motivations, including measures and types of risk, measures of return, and income tax consequences.
- Apply techniques learned to case studies involving an office building, a subdivision, and a proposed development with prospective values and values subject to hypothetical conditions.
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 (539 pp.)
- Solutions Booklet (454 pp.)
- Symbols & Formulas
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.
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
- 30 hours of traditional classroom education
- A 3-hour exam on the 5th morning.
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
- Basic Appraisal Principles
- Basic Appraisal Procedures
- National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
RECENT successful completion:
Recommended:
- Using Spreadsheet Programs in Real Estate Appraisals—The Basics or similar course/seminar
Course Materials & Recommended Books
Pricing Options
Rate | Full Price | AI Price |
---|---|---|
Standard
Today thru 06/17/2024 |
$1,300.00 | $1,000.00 |
Additional Course Offerings
Sponsor | Date | Location | Format | ||
---|---|---|---|---|---|
Bluegrass Chapter | June 3-7, 2024 | Louisville, KY | Classroom | View Details | Register |
Appraisal Institute | May 28 - June 7, 2024 | Synchronous | View Details | Register | |
Metro New Jersey Chapter | August 5-9, 2024 | Branchburg, NJ | Classroom | View Details | Register |
Tennessee Chapter | November 11-15, 2024 | Nashville, TN | Classroom | View Details | Register |
Event Information
Course Schedule:
Sign-in 8:15 a.m. Class 8:30 a.m. – 4:30 p.m. 100% Attendance is required for all Appraisal Institute education programs. Students should not be late or leave early. Those missing class times may not receive credit. Please review "Cancellation Policy".
Tuition: AI Price: $ 1000.00 Full Price: $ 1300.00
Instructor: Rick Carlile, MAI, SRA
Location:
CBRE
4th Floor Conference Room
1420 Fifth Ave
Seattle, WA 98101
Class Materials: Tuition fee includes the pdf downloadable copy of class materials. Students may purchase a print copy of class materials for an additional fee at time of registration. No class materials will be available at class.
Tips on Downloading the class materials:
- Log in to My Account (https://www.appraisalinstitute.org/)
- Select Education & Events (right sidebar)
- See list of your registered offerings, scroll to class name and selectView
You will now see a box that contains downloadable program materials