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    General Appraiser Income Approach/Part 1

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    Date
    June 22-25, 2027
    Time
    8:00AM - 4:30PM (CST)
    Sponsor
    Chicago Chapter
    Location
    Hyatt House
    210 W 22nd St,
    Oak Brook, IL 60523
    Instructor
    John H. Urubek, MAI, AI-GRS
    Class Time
    27 hours
    Exam Time
    3 Hours
    Full Price
    $550.00
    AI Price
    $525.00
    Enroll by June 1!
    View Pricing Options
    Classroom
    Topics:
    Valuation Approaches
    Get Licensed/Certified
    Commercial
    General Appraiser Income Approach/Part 1
    Event Information

    Class Schedule
    Check-in begins at 7:30 am; class begins at 8:00 am and runs until approximately 4:00 pm. On the final day, class concludes when the exam is complete.

    Course Materials
    The Chapter does not provide printed materials for this course. When registering, students may choose to purchase printed materials or download a PDF of the course materials.

    Hotel Reservations

    https://www.hyatt.com/events/en-US/group-booking/CHIXO/G-CA06

    Group code: G-CA06

    Cut-off date: 5/24/2027
    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.

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    Who Should Enroll
    • Those seeking general real property appraiser certification    
    • Underwriters    
    • Lenders    
    • Assessors    
    AI CE Points
    Attend:
    175
    pts
    Attend & Pass Exam:
    225
    pts
    Pass Only:
    200
    pts
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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
    Prerequisites
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Early-Bird
    Today thru 06/01/2027     		$550.00 $525.00
    Standard
    06/02/2027 thru 06/22/2027     		$575.00 $550.00
    Have Exam Questions?
    Exam FAQ
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Bluegrass Chapter March 15-18, 2027 Louisville, KY Classroom View Details Register
    Event Information

    Class Schedule
    Check-in begins at 7:30 am; class begins at 8:00 am and runs until approximately 4:00 pm. On the final day, class concludes when the exam is complete.

    Course Materials
    The Chapter does not provide printed materials for this course. When registering, students may choose to purchase printed materials or download a PDF of the course materials.

    Hotel Reservations

    https://www.hyatt.com/events/en-US/group-booking/CHIXO/G-CA06

    Group code: G-CA06

    Cut-off date: 5/24/2027