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    Advanced Market Analysis and Highest & Best Use

    Register
    Date
    August 12-16, 2024
    Location
    Louisville, KY
    Sponsor
    Bluegrass Chapter
    Instructor
    Rick L. Carlile, MAI, SRA
    Class Time
    30 hours
    Exam Time
    3 Hours
    Full Price
    $1,300.00
    AI Price
    $1,000.00
    Enroll by August 12!
    View Pricing Options
    Classroom
    Topics:
    Market Analysis
    Continuing education
    Elevate your career
    Professional Development Program
    Commercial
    Course Description
    Combining the analytical processes of market analysis, highest and best use, and income valuation, this course is intended for those who have taken and passed the General Appraiser Market Analysis and Highest & Best Use course and have a thorough understanding of the mathematical and financial principles necessary to perform appraisals of income-producing properties. Building on the Level B marketability analyses that were applied in General Appraiser Market Analysis and Highest & Best Use, you will perform Level C marketability analysis using fundamental analysis and study several real estate markets in a fictional city. You’ll explore the economic base of the fictional city, which serves as the subject and example of both physical and economic forces that affect all communities and consequently all real estate. You’ll also work through four case studies (apartment and condominium conversion, retail, industrial, and land with potential for mixed-use development) that demonstrate both the power of fundamental market analysis and its application to highest and best use decisions.

     

    Note. This course is in the Real Estate Analyst Professional Development Program. View this list of FAQs, which includes information regarding the courses you’ll need to complete the program successfully.  
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    Who Should Enroll
    • Candidates for Designation who are working toward an MAI designation
    • MAIs who want to enhance their knowledge and skill base in market analysis/highest and best use
    AI CE Points
    Attend:
    275
    pts
    Attend & Pass Exam:
    375
    pts
    Pass Only:
    325
    pts
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    AK CE 32 32 Classroom Classroom 08/15/2023 01/24/2025 18511
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    CA CE 30 30 Classroom Classroom 03/17/2022 03/16/2026 10754180
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    CO CE 30 30 Classroom Classroom 08/15/2023 01/24/2025 2430
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    CT CE 30 30 Classroom Classroom 08/18/2023 01/24/2025 AAL.001081
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    PR QE 33 30 3 Classroom Classroom 01/01/2022 01/24/2025 79269
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    WY CE 35 32 3 Classroom Classroom 08/15/2023 08/14/2026 198
    WY QE 35 32 3 Classroom Classroom 08/15/2023 08/14/2026 198
    Course Objectives
    • Recognize the definitions of market analysis, market, market study, and marketability analysis.
    • Recognize how market analysis applies to the determination of highest and best use.
    • Identify ways of determining financial feasibility.
    • Recognize applications of market analysis to the valuation process.
    • Identify ways that social, physical, economic, and institutional support systems in urban areas ultimately determine land use.
    • Identify the six basic steps used to conduct a marketability analysis.
    • Complete rating grids about a subject property’s characteristics to draw conclusions about its competitive position.
    • Recognize procedures for delineating a subject property’s market area.
    • Forecast demand for office, apartment, condominium, retail, and industrial space.
    • Conclude supportable demand for various property types.
    • Calculate residual demand for various types of space.
    • Forecast subject capture and draw conclusions about a property’s market rent and occupancy rate over a given time frame.
    Course Details
    Table of Contents and Overview
    Course Schedule
    Prerequisites
    Course Materials & Recommended Books
    Required Text: 
    Recommended Text:
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 08/12/2024     		$1,300.00 $1,000.00
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute April 22 - May 2, 2024 Synchronous View Details Register
    Appraisal Institute December 3-13, 2024 Synchronous View Details Register
    Washington Idaho Montana Chapter June 24-28, 2024 Spokane Valley, WA Classroom View Details Register
    Chicago Chapter March 11-15, 2024 Chicago, IL Classroom View Details Register
    Disclaimer Information

    Cancellations/Refunds: Requests for cancellations must be received in writing at the Chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.  (Cancellation days are BUSINESS DAYS.)

    Cancel Fees
    7 - 14 days prior to program start date, $100.00 cancellation fee.
    Less than 7 days prior to program start date, forfeit of payment.

     

    The Bluegrass Chapter of the Appraisal Institute is not responsible for students' non-refundable airline reservations or other travel expenses. The Chapter reserve the right to cancel, limit, or reschedule the course and to change the faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations