General Appraiser Income Approach/Part 1

• Expand competencies in performing income and expense analysis.    
• Gain a foundation in direct capitalization techniques and applications.    
• Extract and apply rates from the market.    
• Identify fundamentals of risk and investment analysis.    
• Expand competency in compound interest theory and calculations.    
• Forecast revenues.    
• Estimate expenses.    
• Value partial interests.

Program Overview:

Online Syllabus

Assignments:
No

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.
• Free Review: Using a Financial Calculator: Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises.
• 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:

Exam:
You will have 90 days from the time that you complete the course to take the proctored, offline exam. Testing center locations in your area can be found by clicking on this link:www.pearsonvue.com/ai.
Exam FAQ

Requirements:

Online Education FAQ

• Basic Appraisal Principles    
• Basic Appraisal Procedures

• Rates and Ratios Used in the Income Capitalization Approach
• Mathematics for Real Estate Appraisers
• Capitalization Theory and Techniques Study Guide, 3rd ed.
• The Appraisal of Real Estate, 15th ed.
• The Dictionary of Real Estate Appraisal, 7th ed.