- Date
- April 18-26, 2025
- Time
- 8:00AM - 5:00PM (EST)
- Sponsor
- Massachusetts Rhode Island and Maine Chapter
- Location
- Hyatt Place Boston Braintee
50 Forbes Road
Braintree, MA 02184
- Instructor
- Joseph V. Comperchio, MAI, SRA
- Class Time
- 28 hours
- Exam Time
- 2 Hours
- Full Price
- $499.00
- AI Price
- $450.00
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
State Approvals
State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
---|---|---|---|---|---|---|---|---|---|
AK | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 19768 | |
AK | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 19768 |
AL | QE | 30 | 28 | 2 | Classroom | Classroom | 11/14/2024 | 09/30/2026 | CO2670 |
AR | CE | 30 | 28 | 2 | Classroom | Classroom | 05/07/2024 | 06/12/2026 | AI030 |
AR | QE | 30 | 28 | 2 | Classroom | Classroom | 05/07/2024 | 06/12/2026 | AI030 |
AZ | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
AZ | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
CA | CE | 30 | 28 | 2 | Classroom | Classroom | 03/10/2024 | 03/09/2028 | 20CP754601423 |
CA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/10/2024 | 03/09/2028 | 20CP754601423 |
CO | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 2537 |
CO | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 2537 | |
CO | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 2537 |
CT | CE | 18 | 18 | Classroom | Classroom | 03/26/2024 | 06/01/2025 | AAL.001169 | |
CT | QE | 30 | 28 | 2 | Classroom | Classroom | 03/27/2024 | 06/12/2026 | APR.000324 |
DC | CE | 28 | 28 | Classroom | Classroom | 01/18/2024 | 02/28/2026 | 4079 | |
DC | QE | 30 | 28 | 2 | Classroom | Classroom | 01/18/2024 | 02/28/2026 | 4079 |
DE | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
DE | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
FL | CE | 20 | 20 | Classroom | Classroom | 01/12/2023 | 01/11/2025 | 0007532 | |
FL | QE | 30 | 28 | 2 | Classroom | Classroom | 09/27/2023 | 09/26/2025 | 0010537 |
GA | CE | 28 | 28 | Classroom | Classroom | 03/26/2023 | 05/28/2026 | 77202 | |
GA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2023 | 05/28/2026 | 77202 |
IA | CE | 30 | 28 | 2 | Classroom | Classroom | 03/25/2012 | 06/12/2026 | A518-648, A518-1188 |
IA | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | A518-649 | |
IA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | A518-648 |
ID | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | |
ID | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | |
IL | CE | 30 | 28 | 2 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 573.000382 |
IL | QE | 30 | 28 | 2 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 573.000382 |
IN | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
IN | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
KS | CE | 28 | 28 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 448.C24.N | |
KS | QE | 30 | 28 | 2 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 306.P24.R |
KY | CE | 28 | 28 | Classroom | Classroom | 07/01/2024 | 05/30/2025 | ||
KY | QE | 30 | 28 | 2 | Classroom | Classroom | 07/01/2024 | 05/30/2025 | |
LA | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | A0002 |
LA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | A0002 |
MA | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 10051184 | |
MA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 10051050 |
MD | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
MD | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
ME | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
ME | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
MI | CE | 28 | 28 | Classroom | Classroom | 08/09/2021 | 09/05/2026 | 20 - 1103234 | |
MI | QE | 30 | 28 | 2 | Classroom | Classroom | 03/12/2024 | 03/12/2027 | 20-1179834 |
MN | CE | 28 | 28 | Classroom | Classroom | 09/01/2023 | 08/31/2025 | 996075 | |
MN | QE | 30 | 28 | 2 | Classroom | Classroom | 09/01/2023 | 08/31/2025 | 44357 |
MO | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | ||
MO | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | |
MS | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 03/25/2026 | MAB #49108 | |
MS | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 03/25/2026 | MAB #49108 |
MT | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 05/28/2026 | REA-CEC-REC-17192 | |
MT | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 05/28/2026 | REA-CEC-REC-17192 |
NC | QE | 30 | 28 | 2 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | |
ND | QE | 30 | 28 | 2 | Classroom | Classroom | 05/28/2004 | QE2404 | |
NE | QE | 30 | 28 | 2 | Classroom | Classroom | 05/17/2018 | 1181403.02 | |
NH | CE | 30 | 28 | 2 | Classroom | Classroom | 04/05/2021 | 06/12/2026 | |
NH | QE | 30 | 28 | 2 | Classroom | Classroom | 04/05/2021 | 06/12/2026 | |
NJ | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 2024-3003 | |
NJ | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 2024-3003 |
NM | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/01/2025 | 4367 | |
NM | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/01/2025 | 4367 |
NM | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/01/2025 | 4367 |
NV | CE | 28 | 28 | Classroom | Classroom | 11/04/2024 | 10/31/2025 | CE.0009604-A | |
NV | QE | 30 | 28 | 2 | Classroom | Classroom | 08/01/2024 | 07/31/2025 | PL.0009465-A |
NY | CE | 28 | 28 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | A5481-28 | |
NY | QE | 30 | 28 | 2 | Classroom | Classroom | 10/01/2024 | 09/30/2025 | Q0204-R6 |
OH | CE | 28 | 28 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 084404203A 23 | |
OH | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
OK | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 773 |
OK | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | 602 |
OR | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | APIN-Q-1223-9016 |
OR | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | APIN-Q-1223-9016 | |
OR | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | APIN-Q-1223-9016 |
PA | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | |
PA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | |
PR | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
PR | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
RI | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | REA.0002130-CE | |
RI | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | REA.0002130-CE |
SC | CE | 30 | 28 | 2 | Classroom | Classroom | 09/01/2024 | 08/31/2026 | AC . 771 |
SC | QE | 30 | 28 | 2 | Classroom | Classroom | 09/01/2024 | 08/31/2026 | AC . 771, QE2771 |
SD | CE | 30 | 28 | 2 | Classroom | Classroom | 03/22/2022 | 03/04/2025 | SD 367 |
SD | QE | 30 | 28 | 2 | Classroom | Classroom | 03/04/2022 | 03/04/2025 | SD 367 |
TN | CE | 28 | 28 | Classroom | Classroom | 08/01/2024 | 07/31/2026 | 837 | |
TN | QE | 30 | 28 | 2 | Classroom | Classroom | 08/01/2024 | 07/31/2026 | 837 |
TX | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | TX Provider #:10 Course #:48150 | |
TX | QE | 30 | 28 | 2 | Classroom | Classroom | 03/25/2024 | 06/12/2026 | TX Provider #:8038 Course #: 48172 |
UT | CE | 28 | 28 | Classroom | Classroom | 12/01/2023 | 11/30/2025 | AC231112 | |
UT | QE | 30 | 28 | 2 | Classroom | Classroom | 12/01/2023 | 11/30/2025 | AQ231126 |
VA | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
VA | QE | 30 | 28 | 2 | Classroom | Classroom | 10/01/2023 | 06/12/2026 | |
VT | CE | 28 | 28 | Classroom | Classroom | 02/15/2024 | 11/29/2027 | CA-218772 | |
VT | QE | 30 | 28 | 2 | Classroom | Classroom | 02/15/2024 | 11/29/2027 | CA-218771 |
WA | CE | 28 | 28 | Classroom | Classroom | 03/26/2024 | 06/01/2025 | A23037208 | |
WA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/01/2025 | A23037208 |
WI | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 76957 |
WI | QE | 30 | 28 | 2 | Classroom | Classroom | 06/23/2023 | 06/12/2026 | 76957 |
WV | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | |
WV | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 06/12/2026 | |
WY | CE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 03/25/2027 | 41 |
WY | QE | 30 | 28 | 2 | Classroom | Classroom | 03/26/2024 | 03/25/2027 | 41 |
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:
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.)
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 04/19/2025 |
$499.00 | $450.00 |
Additional Course Offerings
Sponsor | Date | Location | Format | ||
---|---|---|---|---|---|
Appraisal Institute | On Demand | Online | View Details | Register | |
Chicago Chapter | March 10-13, 2025 | Chicago, IL | Classroom | View Details | Register |
Event Information
Course Location/Schedule:
Hyatt Place, 50 Forbes Road, Braintree, MA
Check-in: 8:00 am on April 18,2025
Classroom Hours: 8:30 am - 5:00 pm unless other stated by the instructor
Course Attendance: One hundred percent (100%) attendance is required for all Appraisal Institute education programs. Credit and a course completion certificate can only be issued by attending 100% of the course. Please plan accordingly and be on time as late arrival or leaving early could jeopardize your receiving a certificate of attendance.
Course Materials/Breaks: A downloaded copy of materials is included in tuition.
Overnight Accommodations: We now have a discounted rate for students attending AI programs who wish to book overnight accommodations. Contact the Chapter office for details.