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    General Appraiser Market Analysis and Highest & Best Use

    More Info Register
    April 8-11, 2024 Chicago, IL
    Date
    April 8-11, 2024
    Sponsor
    Chicago Chapter
    Association Forum, 10 S Riverside Plaza Location
    Chicago, IL
    Instructor
    Joseph C. Magdziarz, MAI, SRA, AI-GRS, AI-RRS
    Class Time
    28 hours
    Exam Time
    2 Hours
    No Longer Available
    Course Description
    The essential relationships between market analysis, highest and best use, the three approaches to value, and the final value opinion are covered in this AQB-approved course. You'll recognize that market analysis is integral to highest and best use, and that highest and best use is integral to market value. You'll also learn how to produce credible results in appraisal to develop opinions of market value.
    Who Should Enroll
    • Beginning appraisers seeking general real property appraiser certification
    • Experienced appraisers who wish to develop and enhance their market analysis skills
    • Property tax assessors
    • Housing and land use specialists within government agencies
    • Lenders
    • Investors
    • Review appraisers
    AI CE Points
    Attend:
    175
    Attend & Pass Exam:
    225
    Pass Only:
    200
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 30 28 2 Classroom Classroom 11/16/2022 12/03/2024 18985
    AK CE 28 28 Classroom Classroom 09/20/2022 12/03/2024 18985
    AK QE 30 28 2 Classroom Classroom 11/16/2022 12/03/2024 18985
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    AL CE 28 28 Classroom Classroom 10/01/2022 09/30/2024 C02675
    AL QE 30 28 2 Classroom Classroom 10/01/2022 09/30/2024 C02675
    AR CE 28 28 Classroom Classroom 12/02/2023 12/01/2025 AI003
    AR QE 30 28 2 Classroom Classroom 12/02/2023 12/01/2025 AI003
    AZ CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 48964
    AZ CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    AZ QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    CA CE 28 28 Classroom Classroom 06/30/2020 06/29/2024 20CP754601430
    CA QE 30 28 2 Classroom Classroom 06/30/2020 06/29/2024 20CP754601430
    CO CE 28 28 Classroom Classroom 01/04/2024 12/03/2024 2368
    CO CE 28 28 Classroom Classroom 01/04/2024 12/03/2024 2368
    CO QE 30 28 2 Classroom Classroom 01/04/2024 12/03/2024 2368
    CT CE 18 18 Classroom Classroom 02/14/2024 12/03/2024 AAL.001184
    CT QE 30 28 2 Classroom Classroom 02/01/2022 12/03/2024 APR.000237
    DC CE 30 28 2 Classroom Classroom 02/29/2024 02/28/2026
    DC QE 30 28 2 Classroom Classroom 02/29/2024 02/28/2026
    DE CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 48964
    DE CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    DE QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    FL CE 20 20 Classroom Classroom 03/15/2024 03/14/2026 0008724
    FL QE 30 28 2 Classroom Classroom 03/15/2024 03/14/2026 0008725
    GA CE 28 28 Classroom Classroom 11/03/2009 59438
    GA QE 30 28 2 Classroom Classroom 11/03/2009 59437
    HI CE 30 28 2 Classroom Classroom 01/01/2024 12/03/2024 23-502
    HI CE 28 28 Classroom Classroom 01/01/2024 12/03/2024 23-502
    HI QE 30 28 2 Classroom Classroom 01/01/2024 12/03/2024 23-502
    IA CE 28 28 Classroom Classroom 02/07/2022 12/03/2024 A518-1221
    IA CE 30 30 Classroom Classroom 02/07/2022 12/03/2024 A518-1223
    IA QE 30 28 2 Classroom Classroom 02/07/2022 12/03/2024 A518-1222
    ID CE 30 28 2 Classroom Classroom 03/14/2022 12/03/2024
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    IL CE 28 28 Classroom Classroom 01/01/2023 12/31/2024 575.001497
    IL QE 30 28 2 Classroom Classroom 01/01/2023 12/31/2024 573.000538
    IN CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
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    IN QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    KS CE 28 28 Classroom Classroom 01/01/2024 12/31/2024 191.C24.R
    KS QE 30 28 2 Classroom Classroom 01/01/2024 12/31/2024 311.P24.R
    KY CE 30 28 2 Classroom Classroom 07/01/2023 06/30/2024
    KY QE 30 28 2 Classroom Classroom 07/01/2023 06/30/2024
    LA CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 A0178
    LA QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 A0178
    MA CE 28 28 Classroom Classroom 12/04/2021 12/03/2024 10051162
    MA QE 30 28 2 Classroom Classroom 12/04/2021 12/03/2024 10051163
    MD CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    MD CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 48964
    MD QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    ME CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 48964
    ME CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    ME QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    MI CE 28 28 Classroom Classroom 09/14/2022 09/14/2025 1003
    MI QE 30 28 2 Classroom Classroom 09/14/2022 09/14/2025 1003
    MN CE 28 28 Classroom Classroom 02/01/2024 01/31/2026 1004453
    MN QE 30 28 2 Classroom Classroom 02/01/2024 01/31/2026 1004452
    MO CE 28 28 Classroom Classroom 12/13/2021 12/03/2024
    MO QE 30 28 2 Classroom Classroom 12/13/2021 12/03/2024
    MS CE 28 28 Classroom Classroom 11/16/2022 12/03/2024 MAB #49556
    MS CE 28 28 Classroom Classroom 11/16/2022 04/25/2025 MAB #49647
    MS QE 30 28 2 Classroom Classroom 11/16/2022 04/25/2025 MAB #49647
    MS QE 30 28 2 Classroom Classroom 11/16/2022 12/03/2024 MAB #49556
    MT CE 28 28 Classroom Classroom 12/27/2021 12/03/2024 REA-CEC-REC-14585
    MT QE 30 28 2 Classroom Classroom 12/27/2021 12/03/2024 REA-CEC-REC-14585
    NC QE 30 28 2 Classroom Classroom 01/01/2024 12/31/2024
    ND QE 30 28 2 Classroom Classroom 02/19/2010 QE-201002
    NE CE 28 28 Classroom Classroom 01/01/2022 12/03/2024
    NE QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    NH CE 28 28 Classroom Classroom 01/28/2022 01/28/2025
    NH QE 30 28 2 Classroom Classroom 01/28/2022 01/28/2025
    NJ CE 28 28 Classroom Classroom 01/19/2022 12/03/2024 2022-3437
    NJ QE 30 28 2 Classroom Classroom 01/19/2022 12/03/2024 2022-3437
    NM CE 28 28 Classroom Classroom 03/01/2022 12/03/2024 1896
    NM CE 30 28 2 Classroom Classroom 03/01/2022 12/03/2024 1896
    NM QE 30 28 2 Classroom Classroom 03/01/2022 12/03/2024 1896
    NV CE 28 28 Classroom Classroom 11/01/2023 10/31/2024 CE.0009605-A
    NV QE 30 28 2 Classroom Classroom 02/01/2024 03/31/2025 PL.0008350-A
    NY CE 28 28 Classroom Classroom 01/01/2024 12/31/2024 A4935-28
    NY QE 30 28 2 Classroom Classroom 10/01/2023 09/30/2024 Q0211
    OH CE 28 28 Classroom Classroom 01/01/2024 12/31/2024 084303504A 22
    OH QE 30 28 2 Classroom Classroom 04/01/2010
    OH QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    OK CE 28 28 Classroom Classroom 12/13/2021 12/03/2024 734
    OK QE 30 28 2 Classroom Classroom 12/13/2021 12/03/2024 631
    OR CE 28 28 Classroom Classroom 12/16/2021 12/03/2024 APIN-Q-1221-8907
    OR QE 30 28 2 Classroom Classroom 12/16/2021 12/03/2024 APIN-Q-1221-8907
    PA CE 28 28 Classroom Classroom 01/06/2022 12/03/2024
    PA QE 30 28 2 Classroom Classroom 01/06/2022 12/03/2024
    PR CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 48964
    PR CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    PR QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    RI CE 28 28 Classroom Classroom 12/21/2021 12/03/2024 REA.0001805-CE
    RI QE 30 28 2 Classroom Classroom 12/21/2021 12/03/2024 REA.0001805-CE
    SC QE 30 28 2 Classroom Classroom 08/31/2014 08/31/2024 AS.1QE-10
    SD CE 30 28 2 Classroom Classroom 09/18/2021 08/17/2024 SD 503
    SD QE 30 28 2 Classroom Classroom 09/18/2021 08/17/2024 SD 503
    TN CE 30 28 2 Classroom Classroom 01/01/2024 12/31/2025 1348
    TN CE 28 28 Classroom Classroom 03/01/2024 02/28/2026 2567
    TN QE 30 28 2 Classroom Classroom 01/01/2024 12/31/2025 1348
    TN QE 30 28 2 Classroom Classroom 03/01/2024 02/28/2026 2567
    TX CE 28 28 Classroom Classroom 04/03/2023 12/03/2024 TX Provider #:10 Course #:46134
    TX QE 30 28 2 Classroom Classroom 05/22/2023 12/31/2024 TX Provider #:8038 Course #: 27884
    UT CE 30 28 2 Classroom Classroom 12/01/2022 06/30/2024 AQ220607
    UT QE 30 28 2 Classroom Classroom 12/01/2022 06/30/2024 AQ220607
    VA CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 48964
    VA CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    VA QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    VA QE 30 28 2 Classroom Classroom 01/01/2024 12/31/2025 4006000609
    VA QE 30 28 2 Classroom Classroom 01/01/2023 12/31/2025 4006000609
    VT CE 28 28 Classroom Classroom 12/10/2020 12/10/2024
    VT QE 30 28 2 Classroom Classroom 12/10/2020 12/10/2024
    WA CE 28 28 Classroom Classroom 12/16/2021 12/03/2024 A21037320
    WA QE 30 28 2 Classroom Classroom 12/16/2021 12/03/2024 A21037320
    WI CE 28 28 Classroom Classroom 01/01/2022 12/03/2024 48964
    WI CE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    WI QE 30 28 2 Classroom Classroom 01/01/2022 12/03/2024 48964
    WV CE 28 28 Classroom Classroom 02/02/2023 12/03/2024
    WV QE 30 28 2 Classroom Classroom 12/04/2021 12/03/2024
    WY CE 28 28 Classroom Classroom 12/22/2021 12/22/2024
    WY QE 30 28 2 Classroom Classroom 12/22/2021 12/22/2024
    Course Objectives
    • Identify the relationship between appraisal and market analysis.
    • Identify the purposes for and steps in analyzing the highest and best use of a site as though vacant and of a property as improved.
    • Differentiate between inferred and fundamental methods of market analysis.
    • Identify differences between market analysis Levels A, B, C, and D and identify the guidelines for determining the level of market analysis for an assignment.
    • Recognize and apply the six basic steps in conducting a site-specific marketability analysis for a valuation assignment.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:

    Yes. After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins.

    To access your Education and Events page, log on to the Appraisal Institute website at https://ai.appraisalinstitute.org/eweb (click on the three horizontal lines to the left of the AI logo and select “My AI Account” from the drop-down menu).

    Equipment:

    Additional Information:

    Course Materials Include:

    • Course Handbook (606 pp.)
    • Self Study Booklet (43 pp.)
    • Solutions Booklet (198 pp.)
    • Pre-Class Memo (1 p.)
    • Download (18 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
    • The Appraisal of Real Estate, 15 th ed.
    • Market Analysis for Real Estate, 2 nd ed.
    • The Dictionary of Real Estate Appraisal, 7 th ed.
    Pricing Options
    Rate
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Tennessee Chapter May 6-9, 2024 Nashville, TN Classroom View Details Register
    Central Texas Chapter May 13-16, 2024 Fort Worth, TX Classroom View Details Register
    Bluegrass Chapter July 22-25, 2024 Louisville, KY Classroom View Details Register
    Appraisal Institute August 19-29, 2024 Synchronous View Details Register
    Hoosier State Chapter September 10-13, 2024 Indianapolis, IN Classroom View Details Register
    North Texas Chapter November 18-21, 2024 Dallas, TX Classroom View Details Register
    Event Information

    This class is at the Association Forum, 10 S. Riverside Plaza Suite 800.  This is a secure building and you will need to show your ID to get up to the classroom.

    CCAI has negotiated discounted rates at CCAI has negotiated discounted rates at Royal Sonesta Allegro Hotel at 171 W. Randolph , Hilton Garden Inn , Hampton Inn Majestic Theater District , and the Canopy by Hilton Chicago Central Loop . All are within walking distance to the class location. Please click on the name of the hotel for discounts.. All are within walking distance to the class location. Please click on the name of the hotel for discounts.



    The class begins at 8:30 everyday and registration will start at 8 am on 4/11.  The class is scheduled to go until 4:30 pm.  The exam is on the afternoon of the last day.

    Print materials can be purchased before the class they will not be available onsite.