- Date
- July 7-10, 2026
- Time
- 11:00am - 2:30 pm (CST)
- Sponsor
- Appraisal Institute
- Location
- Appraisal Institute - Synchronous (Live Online)
- Instructor
- Mark V. Smeltzer, Sr., MAI, SRA, AI-GRS, AI-RRS
- Class Time
- 14 hours
- Exam Time
- 1 Hour
- Full Price
- $500.00
- AI Price
- $400.00
Course Description
In Part 1 of a two-course program, you'll apply appraisal techniques to solve a complex residential case study appraisal assignment. Putting your knowledge of terminology, concepts, procedures, and methods to the test, you'll demonstrate competence in the areas of appraisal analysis learned in previous courses. By successfully completing the course and exam, you'll have met most states' education requirements in the content area identified as advanced residential applications and case studies. If you are seeking the Appraisal Institute SRA designation, this course and Advanced Residential Report Writing/Part 2 serves as an alternative to complete your Residential Demonstration of Knowledge requirement.
PRECLASS VIDEO AND ASSIGNMENT!
To ensure success in this course, it is important that you watch a short preclass video, which details the unique expectations not only for this course/package, but also the preclass assignment as well.
- If you wish to become a State Certified Residential Appraiser, Advanced Residential Applications and Case Studies/Part 1 is approved by the Appraiser Qualifications Board for 15 content hours in advanced residential applications and case studies. Advanced Residential Report Writing/Part 2 is approved for 30 hours in the appraisal subject matter elective category. Review the courses for which you have received credit to determine whether these courses are necessary for you to meet your education requirements.
The 45-Hour Package is comprised of two courses:
- Advanced Residential Applications & Case Studies/Part 1
- Advanced Residential Report Writing/Part 2
- You must register for a paired package of Part 1 and Part 2.
- Part 1 and Part 2 of a paired package are generally scheduled 3 - 4 weeks apart.
- It is not permissible to register or take Part 2 unless it is in the same pairing as Part 1
- Course materials will be sent to you before class begins and will be accompanied by a memo explaining the preparations that you should make before coming to class. Be sure to register at least 2 weeks before the course starting date so that you can receive your materials in time to complete the required preparations. More details on the pre-class assignment can be found under View Details: Assignment.
- For this course, case study solutions are not distributed at the end of class.
Who Should Enroll
AI CE Points
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|
| AK | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/17/2027 | 19929 |
| AK | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/17/2027 | 19929 |
| AL | CE | 14 | 14 | Synchronous | 11/24/2025 | 09/30/2026 | C02665 | |
| AL | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 09/30/2026 | CO2665 |
| AR | CE | 15 | 14 | 1 | Synchronous | 03/02/2026 | 03/03/2028 | AI060 |
| AR | QE | 15 | 14 | 1 | Synchronous | 03/02/2026 | 03/03/2028 | AI060 |
| AZ | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| AZ | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| CA | CE | 14 | 14 | Synchronous | 02/24/2026 | 02/23/2030 | 18CP754601304 | |
| CA | QE | 15 | 14 | 1 | Synchronous | 02/24/2026 | 02/23/2030 | 18CP754601304 |
| CO | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 2666 |
| CO | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | 2666 | |
| CO | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 2666 |
| CT | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | AAL.001441 | |
| CT | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | APR.000349 |
| DC | CE | 15 | 14 | 1 | Synchronous | 03/01/2026 | 02/28/2028 | |
| DC | QE | 15 | 14 | 1 | Synchronous | 03/01/2026 | 02/28/2028 | |
| DE | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| DE | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| FL | CE | 15 | 14 | 1 | Synchronous | 02/05/2026 | 02/05/2028 | 0010952 |
| FL | QE | 15 | 14 | 1 | Synchronous | 02/05/2026 | 02/04/2028 | 0010952 |
| GA | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | 45574 | |
| GA | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 45573 |
| HI | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | 25-025 | |
| HI | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 25-025 |
| IA | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | A518-1173 | |
| IA | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | A518-1174 |
| IA | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | A518-1175 |
| IL | CE | 14 | 14 | Synchronous | 11/24/2025 | 12/31/2026 | 575.001158 | |
| IL | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 12/31/2026 | 573.000421 |
| IN | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| IN | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| KS | CE | 14 | 14 | Synchronous | 01/01/2026 | 12/31/2026 | C119-10 | |
| KS | QE | 15 | 14 | 1 | Synchronous | 01/01/2026 | 12/31/2026 | Q119-09 |
| KY | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 06/30/2026 | |
| KY | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 06/30/2026 | |
| LA | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | A0409 |
| MA | QE | 15 | 14 | 1 | Synchronous | 03/24/2025 | 04/10/2027 | 00120197 |
| MD | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| MD | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| ME | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| ME | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| MI | CE | 14 | 14 | Synchronous | 11/24/2025 | 05/29/2027 | 20-1212632 | |
| MI | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 05/29/2027 | 20-1212546 |
| MO | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | ||
| MO | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | |
| MS | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/15/2026 | MAB #49019 |
| MS | QE | 15 | 14 | 1 | Synchronous | 04/16/2026 | 04/15/2027 | MAB #49019 |
| MT | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | REA-CEC-REC-18026 |
| NC | QE | 15 | 14 | 1 | Synchronous | 01/01/2026 | 12/31/2026 | |
| ND | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| ND | QE | 15 | 14 | 1 | Synchronous | 01/01/2022 | 04/10/2027 | QE2601, 88587 |
| NE | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 1192462.02 |
| NH | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | ||
| NH | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | |
| NJ | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | 2024-3017 | |
| NJ | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 2024-3017 |
| NM | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | 4416 | |
| NM | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 4416 |
| NV | CE | 14 | 14 | Synchronous | 12/16/2025 | 12/31/2026 | CE.0009996-A | |
| NV | QE | 15 | 14 | 1 | Synchronous | 04/01/2025 | 03/31/2027 | PL.0007894-A |
| NY | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 09/30/2026 | Q0209-R11 |
| OH | CE | 14 | 14 | Synchronous | 01/01/2026 | 12/31/2026 | 084601702A 25 | |
| OH | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| OK | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | 889 | |
| OK | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 622 |
| PA | CE | 14 | 14 | Synchronous | 02/03/2026 | 04/10/2027 | ||
| PA | QE | 15 | 14 | 1 | Synchronous | 02/03/2026 | 04/10/2027 | |
| PR | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| PR | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| RI | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/11/2027 | REA.0002189-CE | |
| RI | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/11/2027 | REA.0002189-CE |
| SC | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 08/31/2026 | AC . 778 |
| SC | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 08/31/2026 | OE9778, AC . 778 |
| SD | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | SD90129Q | |
| SD | QE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | SD90129Q | |
| TN | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 03/31/2026 | 975 |
| TN | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 03/31/2026 | 975 |
| TX | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | 03144-ACE |
| TX | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | TX Provider #8038 Course #: 00685-AQC |
| UT | CE | 14 | 14 | Synchronous | 10/01/2024 | 09/30/2026 | AC240905 | |
| UT | QE | 15 | 14 | 1 | Synchronous | 12/03/2025 | 12/31/2027 | AQ251201 |
| VA | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| VA | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 07/31/2026 | 4006000399 |
| VT | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 11/29/2027 | |
| VT | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 11/29/2027 | |
| WA | CE | 14 | 14 | Synchronous | 11/24/2025 | 04/10/2027 | A25011746 | |
| WA | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/10/2027 | A25011746 |
| WI | CE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 88587 | |
| WI | QE | 15 | 14 | 1 | Synchronous | 04/16/2024 | 04/10/2027 | 88587 |
| WV | CE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/23/2027 | |
| WV | QE | 15 | 14 | 1 | Synchronous | 11/24/2025 | 04/23/2027 | |
| WY | CE | 15 | 14 | 1 | Synchronous | 01/28/2026 | 04/10/2027 | 340 |
| WY | QE | 15 | 14 | 1 | Synchronous | 01/28/2026 | 04/10/2027 | 340 |
Course Objectives
- Identify and document pertinent information from the market for neighborhood/market analysis.
- Identify a preliminary highest and best use and support the preliminary conclusions after cumulative analysis.
- Support cost estimates through extraction; reconcile a cost per square foot; and determine physical deterioration by the age/life method and the breakdown method.
- Derive and reconcile a GRM, market rent, and support for adjustments through the income capitalization approach.
- Complete paired sales analysis for specific elements and provide support for adjustments.
- Reconsider your preliminary highest and best use and provide additional support and rationale for the conclusions.
- Reconcile a final opinion of value for the subject property.
Course Details
Program Overview:
Table of Contents and Overview
Course Schedule
Assignments:
Equipment:
- A laptop computer is required with a flash drive and Microsoft Word and Excel OR form software with AI Reports® Form 100, Summary Appraisal Report • Residential, installed OR other word processing/spreadsheet program AND Adobe Acrobat Reader software for converting files to PDFs.
- 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.
- Free Review: Using a Financial Calculator: Financial Calculator Practice Exercises.Formulas, Symbols, Math Review, and Sample Problems; and
- 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 (241 pp.)
- Case Study Booklet (52 pp.)
- Reference Guide (56 pp.)
- Downloads (1.62 KB)
To ensure success in this course, it is important that you watch a short preclass video, which details the unique expectations not only for this course/package, but also the preclass assignment as well.
Requirements:
None specified
Prerequisites
- Basic Appraisal Principles
- Basic Appraisal Procedures
- National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
- Residential Market Analysis and Highest & Best Use
- Residential Site Valuation and Cost Approach
- Residential Sales Comparison and Income Approaches
- Residential 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 07/09/2026 |
$500.00 | $400.00 |
Event Information
Class Schedule:
Class begins each day at 11:00AM Central time (9:00AM Pacific, 10:00AM Mountain, 12:00PM Eastern). Each class runs for three and half hours (3.50) each day with at least two breaks during that time. The course runs for four (4) 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: Tuesday, July 7, 11:00 am - 2:30 pm
Day 2: Wednesday, July 8, 11:00 am - 2:30 pm
Day 3: Thursday, July 9, 11:00 am - 2:30 pm
Day 4: Friday, July 10, 11:00 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.