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    Inconsistency: It’s Hiding in Plain Sight in Your (commercial) Appraisal

    Register
    September 27, 2024 Milwaukee, WI
    Date
    September 27, 2024
    Location
    Milwaukee, WI
    Sponsor
    Wisconsin Chapter
    Instructor
    Rick L. Carlile, MAI, SRA
    Class Time
    7 hours
    Full Price
    $175.00
    AI Price
    $150.00
    Enroll by September 27!
    View Pricing Options
    Course Description

    This seminar concentrates on common inconsistencies found in the reports of even the most seasoned appraisers. For example, developing the income approach using contract rent (leased fee value), developing the cost approach but not adjusting for lease fee (fee simple value), or using the sales comparison approach to analyze comps based on contract rent and other analyzed based on market rent (mixed bag). The results of these inconsistencies make it impossible to reconcile to a proper value regardless of whether the assignment calls for leased fee or fee simple value.


    Who Should Enroll
    General appraisers and reviewers including agriculture appraisers and reviewers.
    AI CE Points
    Attend:
    35
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 7 7 Classroom Classroom 03/27/2024 02/28/2027 19831
    AL CE 7 7 Classroom Classroom 10/01/2022 09/30/2024 C02706
    AR CE 7 7 Classroom Classroom 05/26/2023 05/13/2025 AI046
    AZ CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    CA CE 7 7 Classroom Classroom 04/21/2021 04/20/2025 21CP754601469
    CO CE 7 7 Classroom Classroom 03/27/2024 03/26/2027
    DC CE 7 7 Classroom Classroom 02/29/2024 02/28/2026 5036
    DE CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    FL CE 7 7 Classroom Classroom 07/15/2023 07/14/2025 0010292
    GA CE 7 7 Classroom Classroom 03/27/2024 09/09/2025 75548
    HI CE 7 7 Classroom Classroom 03/27/2024 12/31/2024 20-305
    IA CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 A518-1196
    ID CE 7 7 Classroom Classroom 06/26/2021 05/26/2025
    IL CE 7 7 Classroom Classroom 01/01/2023 12/31/2024 575.010514
    IN CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    KS CE 7 7 Classroom Classroom 01/01/2024 12/31/2024 199.C24.R
    KY CE 7 7 Classroom Classroom 07/01/2023 06/30/2024
    LA CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 A0341
    MA CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 00120125
    MD CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    ME CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    MI CE 7 7 Classroom Classroom 08/24/2021 08/24/2024 2298
    MN CE 7 7 Classroom Classroom 04/19/2021 04/30/2025 1031394
    MO CE 7 7 Classroom Classroom 03/27/2024 03/26/2027
    MS CE 7 7 Classroom Classroom 06/25/2023 04/26/2025 MAB #50322
    MT CE 7 7 Classroom Classroom 03/27/2024 02/27/2027 REA-CEC-REC-17540
    NC CE 7 7 Classroom Classroom 01/01/2024 12/31/2024 4436
    ND CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 CE-221045
    NE CE 7 7 Classroom Classroom 07/26/2021 07/26/2026 2211436.02
    NM CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 3239
    NV CE 7 7 Classroom Classroom 07/01/2023 06/30/2024 CE.0009455-A
    NY CE 7 7 Classroom Classroom 01/01/2024 12/31/2024 A5312-07
    OH CE 7 7 Classroom Classroom 01/01/2024 12/31/2024 084400904A 22
    OK CE 7 7 Classroom Classroom 03/27/2024 09/09/2025 824
    OR CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 APIN-C-0421-8881
    PA CE 7 7 Classroom Classroom 03/27/2024 03/26/2027
    PR CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    RI CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 REA.0002161-CE
    SC CE 7 7 Classroom Classroom 09/01/2022 08/31/2024 CE1961
    SD CE 7 7 Classroom Classroom 06/21/2021 06/21/2024 SD 1479 CE
    SD CE 7 7 Classroom Classroom 06/22/2024 03/26/2027 SD 1658 CE
    TN CE 7 7 Classroom Classroom 07/01/2023 06/30/2025 2472
    TX CE 7 7 Classroom Classroom 07/01/2023 05/31/2024 TX Provider #:10 Course #: 46495
    TX CE 7 7 Classroom Classroom 06/01/2024 03/31/2026 TX Provider #:10 Course #: 46495
    UT CE 7 7 Classroom Classroom 08/01/2023 07/31/2025 AC230718
    VA CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    VT CE 7 7 Classroom Classroom 04/08/2021 04/08/2025
    WA CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 A24004372
    WI CE 7 7 Classroom Classroom 03/27/2024 03/26/2027 77367
    WV CE 7 7 Classroom Classroom 03/27/2024 05/26/2027
    WY CE 7 7 Classroom Classroom 05/26/2021 05/26/2024 1677
    WY CE 7 7 Classroom Classroom 05/27/2024 05/26/2027 1677
    Course Objectives
    • Recognize inconsistencies with the definition of market value and the need to stay consistent with the type of value opinion developed.
    • Understand how the highest and best use decision drives the remainder of the appraisal process and how to stay consistent with highest and best use.
    • Realize the need for consistency within and between the three approaches to value.
    • Determine what constitutes functional and external obsolescence and how to maintain consistency with both in all three approaches.
    • Complete a thorough, meaningful, and consistent reconciliation.
    Course Details

    Program Overview:

    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.
     

    Additional Information:

    Seminar Materials Include:
    • Seminar Handbook (212 pp.)

    Requirements:
    None specified

    Prerequisites
    Recommend some working knowledge of advanced procedures
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 09/27/2024
    $175.00 $150.00
    Event Information

    Registration:  8:00am

    Class:  8:30-4:30pm

    Continental breakfast and lunch will be provided


    Hotel:  Hyatt Place

    11777 W. Silver Spring Dr.

    Milwaukee, WI 53225

    414-462-3500.  Call the hotel directly and mention WAM to receive the room rate of $89