- Date
- November 17-21, 2025
- Time
- 8:00AM - 4:00PM (CST)
- Sponsor
- Tennessee Chapter
- Location
- Nashville School of Law
4013 Armory Oaks Drive
NASHVILLE, TN 37204
- 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
- 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
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 | 08/15/2023 | 01/24/2025 | 18511 | |
AK | QE | 35 | 32 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 18511 |
AL | QE | 33 | 30 | 3 | Classroom | Classroom | 11/14/2024 | 09/30/2026 | CO2858 |
AR | CE | 33 | 30 | 3 | Classroom | Classroom | 02/14/2023 | 01/24/2025 | |
AR | QE | 33 | 33 | Classroom | Classroom | 02/14/2023 | 01/24/2025 | ||
AZ | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
AZ | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
AZ | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
CA | CE | 30 | 30 | Classroom | Classroom | 03/17/2022 | 03/16/2026 | 10754180 | |
CA | QE | 33 | 30 | 3 | Classroom | Classroom | 03/17/2022 | 03/16/2026 | 10754180 |
CO | CE | 30 | 30 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 2430 | |
CO | CE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 2430 |
CO | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 2430 |
CT | CE | 18 | 18 | Classroom | Classroom | 08/18/2023 | 01/24/2025 | AAL.001081 | |
CT | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | APR.000306 |
DC | CE | 33 | 30 | 3 | Classroom | Classroom | 02/29/2024 | 02/28/2026 | 3990 |
DC | QE | 33 | 30 | 3 | Classroom | Classroom | 02/29/2024 | 02/28/2026 | 3990 |
DE | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
DE | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
DE | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
FL | CE | 20 | 20 | Classroom | Classroom | 11/26/2023 | 11/25/2025 | 0009138 | |
FL | QE | 33 | 30 | 3 | Classroom | Classroom | 11/26/2023 | 11/25/2025 | 0009138 |
GA | CE | 30 | 30 | Classroom | Classroom | 05/07/2010 | 60127 | ||
GA | QE | 33 | 30 | 3 | Classroom | Classroom | 05/07/2010 | 60126 | |
HI | CE | 35 | 32 | 3 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 23-400 |
HI | CE | 32 | 32 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 23-400 | |
HI | QE | 35 | 32 | 3 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 23-400 |
IA | CE | 35 | 32 | 3 | Classroom | Classroom | 08/15/2023 | 08/14/2026 | A518-1138 |
IA | CE | 32 | 32 | Classroom | Classroom | 08/15/2023 | 08/14/2026 | A518-1137 | |
IA | QE | 35 | 32 | 3 | Classroom | Classroom | 08/15/2023 | 08/14/2026 | A518-1139 |
ID | CE | 30 | 30 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | ||
ID | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | |
IL | CE | 30 | 30 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 575.001526 | |
IL | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 573.000580 |
IN | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
IN | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
IN | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
KS | CE | 30 | 30 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 159.C24.R | |
KS | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 295.P24.R |
KY | CE | 30 | 30 | Classroom | Classroom | 07/01/2024 | 05/30/2025 | ||
KY | QE | 33 | 30 | 3 | Classroom | Classroom | 07/01/2024 | 05/30/2025 | |
LA | CE | 32 | 32 | Classroom | Classroom | 09/09/2019 | |||
LA | QE | 35 | 32 | 3 | Classroom | Classroom | 09/09/2019 | ||
MA | CE | 32 | 32 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 10051197 | |
MA | QE | 33 | 30 | 3 | Classroom | Classroom | 10/11/2024 | 01/24/2028 | 10051233 |
MD | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
MD | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
MD | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
ME | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
ME | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
ME | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
MI | CE | 32 | 32 | Classroom | Classroom | 08/15/2020 | 09/14/2025 | 1521 | |
MI | QE | 35 | 32 | 3 | Classroom | Classroom | 08/15/2020 | 09/14/2025 | 1521 |
MN | CE | 33 | 30 | 3 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 1011424 |
MN | QE | 33 | 30 | 3 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 1011379 |
MO | CE | 30 | 30 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | ||
MO | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | |
MS | CE | 30 | 30 | Classroom | Classroom | 07/28/2019 | 01/24/2025 | MAB #49731 | |
MS | QE | 33 | 30 | 3 | Classroom | Classroom | 07/28/2019 | 01/24/2025 | MAB #49731 |
MT | CE | 30 | 30 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | REA-CEC-REC-16798 | |
MT | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | REA-CEC-REC-16798 |
NC | QE | 30 | 30 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | ||
ND | CE | 33 | 30 | 3 | Classroom | Classroom | 08/21/2023 | 01/24/2025 | CE-223071 |
ND | CE | 35 | 32 | 3 | Classroom | Classroom | 08/21/2023 | 01/24/2025 | CE-223072 |
ND | QE | 35 | 32 | 3 | Classroom | Classroom | 08/15/2014 | ||
NE | QE | 35 | 32 | 3 | Classroom | Classroom | 08/15/2023 | 1151409.02 | |
NH | CE | 32 | 32 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | ||
NH | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | |
NJ | CE | 30 | 30 | Classroom | Classroom | 01/22/2013 | 01/24/2025 | 2013-3091 | |
NJ | QE | 33 | 30 | 3 | Classroom | Classroom | 01/22/2013 | 01/24/2025 | 2013-3091 |
NM | CE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 4294 |
NM | CE | 30 | 30 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 4294 | |
NM | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 4294 |
NY | CE | 30 | 30 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | A4129-28 | |
OH | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 084401804A 22 |
OH | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
OK | CE | 32 | 32 | Classroom | Classroom | 01/26/2022 | 01/24/2025 | 875 | |
OK | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | 675 |
OR | CE | 30 | 30 | Classroom | Classroom | 01/21/2022 | 01/24/2025 | APIN-Q-0122-8911 | |
OR | QE | 33 | 30 | 3 | Classroom | Classroom | 01/21/2022 | 01/24/2025 | COUAPIN-Q-0122-8911 |
PA | CE | 30 | 30 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | ||
PA | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | |
PR | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
PR | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
PR | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
RI | CE | 32 | 32 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | REA.0001526-CE | |
RI | QE | 35 | 32 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | REA.0001526-CE |
SC | CE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2024 | 08/31/2026 | AC . 1135 |
SC | QE | 33 | 30 | 3 | Classroom | Classroom | 09/01/2024 | 08/31/2026 | AC . 1135 |
SD | CE | 35 | 32 | 3 | Classroom | Classroom | 03/22/2022 | 03/04/2025 | SD 570 |
SD | QE | 35 | 32 | 3 | Classroom | Classroom | 03/04/2022 | 03/04/2025 | SD 570 |
TN | CE | 33 | 30 | 3 | Classroom | Classroom | 07/01/2024 | 06/30/2027 | 1404 |
TN | QE | 33 | 30 | 3 | Classroom | Classroom | 07/01/2020 | 06/30/2025 | 1404 |
TX | CE | 33 | 30 | 3 | Classroom | Classroom | 08/17/2023 | 01/31/2025 | TX Provider #10 Course #:35888 |
TX | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/31/2025 | TX Provider #8038 Course #: 46962 |
UT | CE | 33 | 33 | Classroom | Classroom | 06/01/2024 | 05/31/2026 | AC240507 | |
UT | QE | 33 | 30 | 3 | Classroom | Classroom | 06/01/2020 | 06/30/2025 | AQ230630 |
VA | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
VA | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
VA | QE | 33 | 30 | 3 | Classroom | Classroom | 04/01/2022 | 07/31/2025 | 4006000897 |
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 | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | A4088 |
WA | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | A4088 |
WI | CE | 30 | 30 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 | |
WI | CE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
WI | QE | 33 | 30 | 3 | Classroom | Classroom | 01/01/2022 | 01/24/2028 | 79269 |
WV | CE | 30 | 30 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | ||
WV | QE | 33 | 30 | 3 | Classroom | Classroom | 08/15/2023 | 01/24/2025 | |
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
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 (597 pp.)
- Self-Study Booklet (39 pp.)
- Pre-Class Download (18 pp.)
- Community Profile (16 pp.)
- Suggested Solutions (192 pp.)
Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; and course equivalencies.
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
- 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
- Advanced Income Capitalization
- Basic Appraisal Principles
- Basic Appraisal Procedures
- National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
- General Appraiser Market Analysis and Highest & Best Use
- General Appraiser Income Approach/Part 1
- General Appraiser Income Approach/Part 2
- General Appraiser Site Valuation and Cost Approach
- General Appraiser Sales Comparison Approach
- General Appraiser Report Writing and Case Studies
- Real Estate Finance, Statistics, and Valuation Modeling
Course Materials & Recommended Books
Pricing Options
Rate | Full Price | AI Price |
---|---|---|
Standard
Today thru 11/17/2025 |
$1,300.00 | $1,000.00 |
Additional Course Offerings
Sponsor | Date | Location | Format | ||
---|---|---|---|---|---|
Northern California Chapter | January 27-31, 2025 | Walnut Creek, CA | Classroom | View Details | Register |
Chicago Chapter | February 10-14, 2025 | Chicago, IL | Classroom | View Details | Register |
Southern California Chapter | April 28 - May 2, 2025 | Santa Ana, CA | Classroom | View Details | Register |
Bluegrass Chapter | August 11-15, 2025 | Louisville, KY | Classroom | View Details | Register |
Event Information
Location:
Nashville School of Law
4013 Armory Oaks Drive
Nashville, TN 37204
Schedule:
Registration: 7:30 a.m. central time
Class Begins: 8:00 a.m. central time
Class Ends: 4 (ish) p.m. central time
Refreshments will not be provided but you are allowed to bring in your own. You will have one hour on your own for lunch. There are a lot of options near the class venue. Some are within walking distance even.
Vending machines are available, but they are CASH ONLY. There are water fountains available if you would like to bring your own water bottle and refill it during the day.
Area Hotels/Lodging:
**Please Note: You will need access to a vehicle. The recommended hotel to the class venue is 6 miles away.
A block of rooms has been reserved at a discounted rate at the Sheraton Nashville Brentwool Hotel.
Sheraton Nashville Brentwood
760 Old Hickory BLVD
Brentwood, TN 37067
615-964-5500
Book your group rate for Appraisal Institute
Event Summary:
Appraisal Institute
Start Date: Sunday, November 16, 2025
End Date: Friday, November 21, 2025
Hotel(s) offering your special group rate:
- Sheraton Nashville Brentwood for 149.00 USD per night
- Last Day to Book: Friday, October 17, 2025
- Cancelation Policy: 72 hours prior to arrival of 6pm CST to avoid a penalty of room and tax
- Please select your dates prior to searching
Book your group rate for Appraisal Institute
Nashville offers Uber and Lyft service options for those that are flying in to take courses and choose not to rent a car.