Skip to Content (custom)

    Practical Application of Fundamental Analysis

    Register
    March 26, 2024
    Date
    March 26, 2024
    Location
    Sponsor
    Savannah Area Chapter
    Instructor
    Kerry M. Jorgensen, MAI
    Class Time
    7 hours
    Full Price
    $200.00
    AI Price
    $175.00
    Enroll by March 19!
    View Pricing Options
    Course Description
    Do you find yourself hesitating before taking on an assignment requiring a Level C marketability analysis? Do you think the process is complex and time consuming? When market conditions are changing, an understanding of fundamental demand concepts and the ability to apply them is necessary to do the valuation competently. This seminar simplifies and demystifies the process of fundamental demand analysis. After reviewing market cycles and the basic economic concepts underlying fundamental analysis, you will learn how to implement the six-step process by applying the concepts to three practical case studies dealing with a general office market, land development (subdivision), and a rental apartment building. You will use basic templates that can be used later in your daily work. By the end of the seminar, you should be better prepared to start including fundamental analysis in your work.


    Who Should Enroll
    General appraisers who have limited knowledge of fundamental demand analysis, MAIs who haven’t taken current market analysis courses in the AI curriculum
    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 Synchronous Livestream 01/23/2023 12/09/2024 19203
    AK CE 7 7 Synchronous Livestream 01/23/2023 12/09/2024 19203
    AL CE 7 7 Synchronous Livestream 10/01/2022 09/30/2024 C02785
    AR CE 7 7 Synchronous Livestream 04/12/2022 04/12/2024
    AR CE 7 7 Synchronous Livestream 04/13/2024 04/11/2026 AI067
    AZ CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    CA CE 7 7 Synchronous Livestream 04/04/2022 04/03/2026 22CP754601501
    CO CE 7 7 Synchronous Livestream 03/25/2022 12/09/2024 2169
    CT CE 7 7 Synchronous Livestream 04/13/2022 12/09/2024 AAL.000919
    DC CE 7 7 Synchronous Livestream 09/20/2023 02/28/2024 6108
    DC CE 7 7 Synchronous Livestream 02/29/2024 02/28/2026 6108
    DE CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    FL CE 7 7 Synchronous Livestream 11/14/2023 05/15/2025 0010571
    GA CE 7 7 Synchronous Livestream 03/22/2022 12/09/2024 74094
    HI CE 7 7 Synchronous Livestream 11/07/2023 12/09/2024 23-486
    IA CE 7 7 Synchronous Livestream 04/05/2022 12/09/2024 A518-1233
    ID CE 7 7 Synchronous Livestream 03/21/2022 12/09/2024
    IL CE 7 7 Synchronous Livestream 06/09/2022 12/31/2024
    IN CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    KS CE 7 7 Synchronous Livestream 01/01/2024 12/31/2024 344.C24.R
    KY CE 7 7 Synchronous Livestream 10/30/2023 06/30/2024
    LA CE 7 7 Synchronous Livestream 03/29/2022 12/09/2024 A0349
    MA CE 7 7 Synchronous Livestream 03/11/2022 12/09/2024 120136
    MD CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    ME CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    MI CE 7 7 Synchronous Livestream 09/15/2023 09/15/2026
    MN CE 7 7 Synchronous Livestream 05/11/2022 05/31/2024 1033309
    MO CE 7 7 Synchronous Livestream 04/13/2022 12/09/2024
    MS CE 7 7 Synchronous Livestream 03/31/2022 03/24/2024 MAB #50395
    MS CE 7 7 Synchronous Livestream 03/25/2024 12/09/2024 MAB #50395
    MT CE 7 7 Synchronous Livestream 04/12/2022 12/09/2024 REA-CEC-REC-15311
    NC CE 7 7 Synchronous Livestream 01/01/2024 12/31/2024 4480
    ND CE 7 7 Synchronous Livestream 03/20/2022 12/09/2024 CE-222037
    NE CE 7 7 Synchronous Livestream 01/03/2024 01/03/2029
    NH CE 7 7 Synchronous Livestream 05/11/2022 12/09/2024
    NJ CE 7 7 Synchronous Livestream 09/21/2022 12/09/2024 2022-3470
    NM CE 7 7 Synchronous Livestream 07/30/2022 12/09/2024 4083
    NV CE 7 7 Synchronous Livestream 07/21/2023 07/31/2024 CE.0009743-A
    NY CE 7 7 Synchronous Livestream 01/01/2024 12/31/2024 A5453-07
    OH CE 7 7 Synchronous Livestream 01/01/2024 12/31/2024 084403404A 22
    OK CE 7 7 Synchronous Livestream 04/20/2022 12/09/2024
    OR CE 7 7 Synchronous Livestream 03/28/2022 12/09/2024 APIN-C-0322-8922
    PA CE 7 7 Synchronous Livestream 03/29/2022 12/09/2024
    PR CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    RI CE 7 7 Synchronous Livestream 03/24/2022 12/09/2024 REA.0001849-CE
    SC CE 7 7 Synchronous Livestream 09/01/2022 08/31/2024 AC.2018
    SD CE 7 7 Synchronous Livestream 03/30/2022 03/30/2025 SD 1533 CE
    TN CE 7 7 Synchronous Livestream 04/04/2022 04/30/2024 2580
    TX CE 7 7 Synchronous Livestream 04/07/2022 04/30/2024 TX Provider #:10 Course #: 43282
    TX CE 7 7 Synchronous Livestream 10/11/2023 04/30/2024 TX Provider #10 Course #43282
    TX CE 7 7 Synchronous Livestream 05/01/2024 12/09/2024 TX Provider #10 Course #43282
    UT CE 7 7 Synchronous Livestream 03/29/2022 03/31/2024 AC220322
    VA CE 7 7 Synchronous Livestream 03/28/2022 03/31/2024
    VA CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    VT CE 7 7 Synchronous Livestream 05/25/2022 04/08/2026
    WI CE 7 7 Synchronous Livestream 01/01/2022 12/09/2024 79267
    WV CE 7 7 Synchronous Livestream 08/25/2023 12/09/2024
    WY CE 7 7 Synchronous Livestream 03/30/2022 03/30/2024
    WY CE 7 7 Synchronous Livestream 03/31/2024 03/30/2026 1809
    Course Objectives
    • Distinguish between the fundamental (space-user) and capital (buy-sell) markets and identify the impact each has on real estate values.
    • Identify the four stages of the real estate cycle and recognize the characteristics of each stage.
    • Recognize the characteristics of a market at equilibrium, including equilibrium vacancy, feasibility/equilibrium rent, entrepreneurial incentive, and affordability index.
    • Name the six steps in the six-step marketability analysis process and describe the typical process in each step.
    • Given an equilibrium vacancy rate and quantified estimates of demand and supply, calculate residual demand and the ratio of demand to supply and interpret the result.
    • Calculate subject capture for a property based on a given ratio to pro-rata share of supply.
    • Recognize the strengths and weaknesses of fundamental analysis and identify situations when fundamental analysis should be included in the scope of work.


    Course Details

    Program Overview:

    Assignments:
    No

    Equipment:

    Required equipment: 
    Calculator such as the HP-12C
     
    Strongly recommended:
    Laptop or notebook computer with a spreadsheet program such as Microsoft Excel or Google Sheets.

    Additional Information:

    Seminar Material includes:
    • Seminar Handbook (160 pp.)
    • Preclass Letter (1 p.)
     Required equipment:
    • Calculator such as the HP-12C 
    Strongly recommended:
    • Laptop or notebook computer with a spreadsheet program such as Microsoft Excel or Google Sheets.

    Requirements:
    None specified

    Prerequisites
    None
    Course Materials & Recommended Books
    None specified
    Pricing Options
    Rate Full Price AI Price
    Early-Bird
    Today thru 03/19/2024
    $200.00 $175.00
    Additional Course Offerings
    Sponsor Date Location Format
    Central Texas Chapter March 21, 2024 Synchronous View Details Register
    Northeast Florida Chapter May 16, 2024 Synchronous View Details Register
    Florida Gulf Coast Chapter May 16, 2024 Synchronous View Details Register
    South Florida Chapter May 16, 2024 Synchronous View Details Register
    East Florida Chapter May 16, 2024 Synchronous View Details Register
    Event Information

    SCHEDULE (EASTERN TIME)

    March 26, 2024

    • 8:00 a.m. - 8:30 a.m. - Zoom Check In
    • 8:30 a.m. - 4:00 p.m. - Class
    • *There will be a 30-minute lunch break.


    CONTINUING EDUCATION:

    This 7-hour Appraisal Institute developed seminar is approved by the GA and SC Real Estate Appraisers Board for 7 hours of continuing education.  100% attendance is required for credit.  Go to this site and scroll down to view all current state approvals.  https://appraisalinstitute.org/education/search/practical-application-of-fundamental-analysis/523086



    TUITION:

    Tuition includes a downloadable set of student materials. It does not include a shipped printed set of materials.


    STUDENT MATERIAL:

    The student manual is automatically provided to ALL students via a download option. Please have your computer/reader available with the downloaded material or have a printed copy of the material with you. If you would like to receive a printed copy of the student manual, you will have an option during the registration process to order a set. **Students requesting printed material will be charged a material fee plus shipping in addition to the course tuition. (Note that if you do not receive the material shipment in time for the class please download or print a copy of the material from the Education and Events section of your AI account portal.)


    How to Download Student Materials:

    • Sign into your AI Account at www.appraisalinstitute.org with the username and password you used when you registered.
    • Click on “Education and Events” located on the right navigation menu. 
    • On the My Events page, find the course under the “Classroom Offerings/Synchronous Offerings/Conferences” heading and click the "View" button. 
    • Scroll down to the “Download Course Materials” section and click on each link to download the course materials.




    REQUIRED EQUIPMENT & TECHNOLOGY:

    • basic free Zoom Application software (https://zoom.us/pricing)
    • reliable internet connection
    • computer, iPad, or tablet
    • web camera (built into laptop computer or external attachment)
    • audio with speaker and microphone capability (built into your computer, headphone, or earbuds)

     

    New to ZOOM?

    If you are new to ZOOM or need a little refresher, please take their FREE tutorial How to Join a Zoom Meeting?

    • Livestream/Interactive Participation Requirements: 
    • Students must have a reliable internet connection, computer (or tablet), web camera, audio (speaker and microphone) capability to participate and receive continuing education credit.  
    • Students must wear full proper attire.
    • Your webcam must always be in the on positions, with you in front of it.  Check your webcam privacy settings and allow the Zoom software to access it. If you have a Lenovo laptop, some participants have noticed that they need to install the Lenovo Vantage App on their computers for the webcam to operate. 
    • A paid Zoom account is not required to participate; however, you need to sign up for the free basic Zoom account/ application (zoom.us) and install the zoom app on your computer, prior to the seminar start date.
    • The Zoom platform will be interactive and live. The instructor must be able to see and interact with all students and students must be able see and interact with the instructor.
    • Students must be in a location that allows for their full attention and interaction.
    • A copy of your driver's license must be emailed to the Chapter office as verification of your identity after you have registered for the seminar and prior to the start date. 

     

    Registrants will receive a separate email from Suzanne Brockway, approximately 24 hours before class, with Zoom login information. Contact the chapter office if you have any questions regarding the participation guidelines, at sbrockway@aiatlanta.org.


    ATTENDANCE POLICY:

    To receive AI and State credit, 100% attendance is required for all Appraisal Institute education programs.

    • attendance will be monitored throughout the day, via webcam and zoom chat roll call
    • students are required to be visible on the virtual platform during the entirety of class time
    • students are required to be in front of the camera with the camera in the on position (100% of the time)
    • instructor may direct questions to each student in the morning and afternoon