Residential Sales Comparison and Income Approaches
Register
- Date
- On Demand
- Location
- Sponsor
- Appraisal Institute
- Instructor
- Edward T. Molinari, SRA, AI-RRS
- Class Time
- 28 hours
- Exam Time
- 2 Hours
- Full Price
- $465.00
- AI Price
- $395.00
Course Description
Through two in-depth case studies, this introductory course provides you with the techniques necessary for completing the sales comparison and income capitalization approaches of the valuation process. You will develop and apply qualitative and quantitative analysis techniques as well as organize and reconcile data.
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Who Should Enroll
- Those seeking residential real property appraiser licensure or certification
- Residential real property appraisers who would like to review the skills needed for completing the sales comparison and income capitalization approaches of the valuation process
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 | Online | Online | 03/03/2021 | 03/03/2024 | 18419 |
| AK | QE | 30 | 28 | 2 | Online | Online | 03/03/2021 | 03/03/2024 | 18419 |
| AL | CE | 30 | 28 | 2 | Online | Online | 10/01/2022 | 09/30/2024 | C02681 |
| AL | QE | 30 | 28 | 2 | Online | Online | 10/01/2022 | 09/30/2024 | C02681 |
| AR | CE | 28 | 28 | Online | Online | 05/12/2022 | 05/12/2024 | ||
| AR | QE | 30 | 28 | 2 | Online | Online | 05/12/2022 | 05/12/2024 | |
| AZ | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| AZ | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| CA | CE | 30 | 28 | 2 | Online | Online | 11/06/2023 | 11/05/2027 | 19CP754601401 |
| CA | CE | 28 | 28 | Online | Online | 11/06/2023 | 11/05/2027 | 19CP754601401 | |
| CA | QE | 30 | 28 | 2 | Online | Online | 11/06/2023 | 11/05/2027 | 19CP754601401 |
| CO | CE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | 2288 |
| CO | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | 2288 | |
| CO | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | 2288 |
| CT | CE | 28 | 28 | Online | Online | 11/19/2022 | 11/19/2025 | APR.000992 | |
| CT | QE | 30 | 28 | 2 | Online | Online | 11/19/2022 | 11/19/2025 | APR.000279 |
| DC | CE | 28 | 28 | Online | Online | 03/01/2020 | 02/28/2024 | 4080 | |
| DC | QE | 30 | 28 | 2 | Online | Online | 03/01/2020 | 02/28/2024 | 4080 |
| DE | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| DE | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| FL | CE | 20 | 20 | Online | Online | 03/25/2022 | 03/25/2024 | 0009398 | |
| FL | QE | 30 | 28 | 2 | Online | Online | 04/28/2022 | 03/25/2024 | 0009398 |
| GA | CE | 28 | 28 | Online | Online | 10/24/2022 | 10/11/2025 | 75749 | |
| GA | QE | 30 | 28 | 2 | Online | Online | 10/24/2022 | 10/11/2025 | 75748 |
| HI | CE | 28 | 28 | Online | Online | 11/07/2023 | 12/31/2024 | 23-390 | |
| HI | CE | 30 | 28 | 2 | Online | Online | 11/07/2023 | 12/31/2024 | 23-390 |
| HI | QE | 30 | 28 | 2 | Online | Online | 11/07/2023 | 12/31/2024 | 23-390 |
| IA | CE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | A518-1168 |
| IA | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | A518-1167 | |
| IA | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | A518-1169 |
| ID | CE | 30 | 28 | 2 | Online | Online | 10/26/2022 | 10/21/2025 | |
| ID | QE | 30 | 28 | 2 | Online | Online | 10/26/2022 | 10/21/2025 | |
| IL | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2024 | 575.001372 | |
| IL | QE | 30 | 28 | 2 | Online | Online | 10/16/2023 | 12/31/2024 | 573.000506 |
| IN | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| IN | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| KS | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | 230.C22.R | |
| KS | QE | 30 | 28 | 2 | Online | Online | 01/01/2023 | 12/31/2023 | 330.P22.R |
| KY | CE | 30 | 28 | 2 | Online | Online | 07/01/2023 | 06/30/2024 | |
| KY | QE | 30 | 28 | 2 | Online | Online | 07/01/2023 | 06/30/2024 | |
| LA | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | A0137 | |
| LA | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | A0137 |
| MA | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | 120161 | |
| MA | QE | 30 | 28 | 2 | Online | Online | 06/19/2023 | 10/21/2025 | 120159 |
| MD | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| MD | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| ME | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| ME | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| MI | CE | 28 | 28 | Online | Online | 09/05/2023 | 09/05/2026 | 20 - 948491 | |
| MN | CE | 30 | 28 | 2 | Online | Online | 08/01/2023 | 07/31/2025 | 1018771 |
| MN | CE | 28 | 28 | Online | Online | 08/01/2023 | 07/31/2025 | 1018769 | |
| MN | QE | 30 | 28 | 2 | Online | Online | 08/01/2023 | 07/31/2025 | 1018770 |
| MO | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | ||
| MO | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | |
| MS | CE | 28 | 28 | Online | Online | 05/27/2021 | 10/27/2024 | MAB #49086 | |
| MS | QE | 30 | 28 | 2 | Online | Online | 05/27/2021 | 10/27/2024 | MAB #49086 |
| MT | CE | 28 | 28 | Online | Online | 11/19/2023 | 10/21/2025 | REA-CEC-REA-16941 | |
| MT | QE | 30 | 28 | 2 | Online | Online | 11/19/2023 | 10/21/2025 | REA-CEC-REC-16941 |
| NC | QE | 30 | 28 | 2 | Online | Online | 01/01/2023 | 12/31/2023 | |
| ND | QE | 30 | 28 | 2 | Online | Online | 04/08/2008 | QE-2810 | |
| NE | QE | 30 | 28 | 2 | Online | Online | 09/01/2019 | 10/21/2022 | 1192484.02 |
| NE | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| NH | CE | 30 | 28 | 2 | Online | Online | 10/21/2019 | 10/21/2025 | |
| NH | QE | 30 | 28 | 2 | Online | Online | 09/06/2023 | 10/21/2025 | |
| NJ | CE | 30 | 28 | 2 | Online | Online | 10/19/2022 | 10/21/2025 | 2022-3472 |
| NJ | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | 2022-3472 |
| NM | CE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | 4281 |
| NM | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | 4281 | |
| NM | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | 4281 |
| NV | CE | 28 | 28 | Online | Online | 06/01/2022 | 06/30/2024 | CE.0009720-A | |
| NV | QE | 30 | 28 | 2 | Online | Online | 08/01/2023 | 07/31/2024 | PL.0009348-A |
| NY | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | A5479-28 | |
| NY | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | A5481-28 | |
| NY | QE | 30 | 28 | 2 | Online | Online | 10/01/2022 | 09/30/2024 | Q0207 |
| OH | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | 923005012A 20 | |
| OH | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | 923402606A 23 | |
| OH | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| OK | CE | 28 | 28 | Online | Online | 10/13/2022 | 10/21/2025 | 60F | |
| OK | QE | 30 | 28 | 2 | Online | Online | 10/13/2022 | 10/21/2025 | 60F |
| OR | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | APIN-Q-1022-8946 | |
| OR | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | APIN-Q-1022-8946 |
| PA | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | ||
| PA | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | |
| PR | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| PR | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| RI | CE | 28 | 28 | Online | Online | 10/22/2022 | 10/21/2025 | REA.0001928-CE | |
| RI | QE | 30 | 28 | 2 | Online | Online | 10/22/2022 | 10/21/2025 | REA.0001928-CE |
| SC | QE | 30 | 28 | 2 | Online | Online | 09/01/2022 | 08/31/2024 | AS.1DQE-6 |
| SD | CE | 28 | 28 | Online | Online | 10/12/2022 | 10/21/2025 | SD 475 | |
| SD | QE | 30 | 28 | 2 | Online | Online | 10/12/2022 | 10/21/2025 | SD 475 |
| TN | CE | 14 | 14 | Online | Online | 04/01/2022 | 05/31/2025 | 02171 | |
| TN | QE | 30 | 28 | 2 | Online | Online | 03/01/2022 | 12/31/2024 | 1169 |
| TX | CE | 28 | 28 | Online | Online | 10/01/2023 | 09/30/2024 | TX Provider #:10 Course #:37503 | |
| TX | CE | 30 | 28 | 2 | Online | Online | 10/31/2024 | TX Provider #:10 Course #:37503 | |
| TX | QE | 30 | 28 | 2 | Online | Online | 11/07/2022 | 10/21/2024 | TX Provider #:8038 Course#: 27854 |
| UT | CE | 30 | 28 | 2 | Online | Online | 11/01/2020 | 06/30/2025 | AC230617 |
| UT | QE | 30 | 28 | 2 | Online | Online | 10/01/2020 | 06/30/2025 | AQ230618 |
| VA | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| VA | QE | 30 | 28 | 2 | Online | Online | 04/08/2022 | 05/31/2024 | 4006000733 |
| VT | CE | 28 | 28 | Online | Online | 04/08/2019 | 02/23/2025 | ||
| VT | QE | 30 | 28 | 2 | Online | Online | 04/08/2019 | 02/23/2025 | |
| WA | CE | 28 | 28 | Online | Online | 10/26/2022 | 10/21/2025 | A22028815 | |
| WA | QE | 30 | 28 | 2 | Online | Online | 10/26/2022 | 10/21/2025 | A22028815 |
| WI | CE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| WI | QE | 30 | 28 | 2 | Online | Online | 10/11/2022 | 10/21/2025 | 82866 |
| WV | CE | 28 | 28 | Online | Online | 02/02/2023 | 10/21/2025 | ||
| WV | QE | 30 | 30 | Online | Online | 02/02/2023 | 10/21/2025 | ||
| WY | CE | 30 | 28 | 2 | Online | Online | 03/19/2008 | 10/21/2025 | |
| WY | QE | 30 | 28 | 2 | Online | Online | 03/19/2008 | 10/21/2025 |
Course Objectives
- Recognize the relationship between the sales comparison and income capitalization approaches and the rest of the valuation process.
- Extract and support adjustments using paired data analysis.
- Extract and support adjustments using income analysis.
- Extract and support adjustments using cost and depreciation analysis.
- Apply the adjustment techniques most appropriate for given data.
- Calculate appreciation rates for the subject property and comparable sales.
- Use the estimated gross monthly market rent and the reconciled GRM to derive a value indication from the income capitalization approach.
- Apply the reconciled GRM to the gross monthly rent estimate to derive a value indication for the subject property by the income capitalization approach.
- Derive an indication of value by the sales comparison approach.
Course Details
Table of Contents and Overview
Course Schedule
Online
Online Syllabus
Prerequisites
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 12/31/2050 |
$465.00 | $395.00 |
Have Exam Questions?
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Appraisal Institute | August 5-15, 2024 | Synchronous | View Details | Register | |
| Appraisal Institute | May 13-23, 2024 | Synchronous | View Details | Register | |
| Tennessee Chapter | September 16-19, 2024 | Nashville, TN | Classroom | View Details | Register |