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    Basic Appraisal Procedures

    Register
    June 17-20, 2024 NASHVILLE, TN
    Date
    June 17-20, 2024
    Location
    NASHVILLE, TN
    Sponsor
    Tennessee Chapter
    Instructor
    James B. Atwood, SRA
    Randall A. Button, MAI, SRA, AI-GRS
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $550.00
    AI Price
    $500.00
    Enroll by June 18!
    View Pricing Options
    Course Description

     

    Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process: defining the problem, collecting and analyzing data, reaching a final opinion of value, and communicating the appraisal. Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation. The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics.

     
    Who Should Enroll
    • Beginning real property appraisers
    • Real estate professionals
    • Users of appraisal services
    • College students
    • Accountants
    AI CE Points
    Attend:
    150
    Attend & Pass Exam:
    200
    Pass Only:
    150
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    Course Objectives
    • Identify the eight steps of the valuation process.
    • Identify the basic components and processes used to derive a value indication when performing the income capitalization approach.
    • Identify the six procedures for analyzing land or site value.
    • Identify the three cost-estimating methods used by appraisers.
    • Apply component costs to estimate the cost of residential building improvements.
    • Identify typical elements of comparison used in the sales comparison approach.
    • Analyze sales to select appropriate comparable properties.
    • Derive adjustments using paired sales analysis.
    • Reconcile the indicated values derived in the sales comparison approach to a single point value opinion.
    • Recognize the types of reports used to communicate an appraisal analysis.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:

    Classroom: No required assignments.
     

    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 (434 pp.)
    • Student Handout (10 pp.)
    • Solutions Booklet (90 pp.)
    National Registry of CPE Sponsors
    The Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. 

    State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: www.nasba.org

    Delivery Method: Group-Live


    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

    Requirements:
    None

    Prerequisites
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 06/18/2024
    $550.00 $500.00
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    Chicago Chapter February 19-22, 2024 Chicago, IL Classroom View Details Register
    Appraisal Institute On Demand Online View Details Register
    Hoosier State Chapter March 12-15, 2024 Indianapolis, IN Classroom View Details Register
    Appraisal Institute June 18-28, 2024 Synchronous View Details Register
    Appraisal Institute October 1-11, 2024 Synchronous View Details Register
    Appraisal Institute December 2-12, 2024 Synchronous 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 closest recommended hotel to the class venue is 6 miles away.


    Four Points by Sheraton Brentwood

    760 Old Hickory BLVD

    Brentwood, TN  37067

    615-964-5500


    Hampton Inn Nashville/Brentwood

    5630 Franklin Pike Circle

    Brentwood, TN 37027

    615-373-2212


    Best Western Brentwood 

    5581 Franklin Pike Circle

    Brentwood, TN  37027

    615-373-8585


    Please note that these are merely suggestions on where to stay.  We do not have a block of rooms anywhere due to the amount of people that use their own points, or choose to utilize cost saving services such as hotwire, priceline, etc... Any hotel in Brentwood will be close and safe to the class venue.  


    Nashville also offers Uber and Lyft service options for those that are flying in to take courses and choose not to rent a car.



    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.