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    General Appraiser Income Approach/Part 1

    More Info Register
    March 10-13, 2025 Branchburg, NJ
    Date
    March 10-13, 2025
    Time
    8:30AM - 4:30PM (EST)
    Sponsor
    Metro New Jersey Chapter
    Location
    Chubb Risk Engineering Center
    35 Columbia Rd.
    Branchburg, NJ 08876
    Instructor
    Victor D. DiSanto, MAI
    Class Time
    27 hours
    Exam Time
    3 Hours
    Full Price
    $550.00
    AI Price
    $525.00
    Enroll by March 10!
    View Pricing Options
    Course Description
    After a brief review and introduction, General Appraiser Income Approach/Part 1 opens with a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. A thorough, detailed analysis of gross income including leases and the various expenses appropriately deducted from gross income follows, with realistic case studies of several income property types. Direct capitalization is then presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the taught concepts to prepare participants for the exam.

    Who Should Enroll
    • Those seeking general real property appraiser certification    
    • Underwriters    
    • Lenders    
    • Assessors    
    AI CE Points
    Attend:
    175
    Attend & Pass Exam:
    225
    Pass Only:
    200
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    Course Objectives
    • 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.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:
    No

    Equipment:

    Additional Information:
    Course Materials Include:

    • Course Handbook (488 pp.)
    • Solutions Booklet / Self-Study Problems (390 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 specified

    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Massachusetts Rhode Island and Maine Chapter February 12-15, 2025 Braintree, MA Classroom View Details Register
    Bluegrass Chapter March 17-20, 2025 Louisville, KY Classroom View Details Register
    Chicago Chapter October 6-9, 2025 Chicago, IL Classroom View Details Register
    Event Information

    Classes start at 8:30 am and end at approximately 4:30 pm

    The exam is at the end of the day on March 13, 2025

    You are on your own for food

    Local Hotel - Hyatt House, 3141 US-22, Branchburg, NJ 08876 (908) 704-2191