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Basic Appraisal Procedures Education Schedule (PDF)
Education Catalog (PDF)
Some AI educational programs may not be approved in every state.
Students should check state approvals prior to registering for any Appraisal Institute program.

ClassroomOn-Demand Online EducationLive Online (Synchronous)

Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process:

• Defining the problem
• Collecting and analyzing data
• Reaching a final opinion of value
• Communicating the appraisal

Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation.

The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics.

National Registry of CPE Sponsors

The Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Delivery Method: Group-Live

Program Overview
• Table of Contents and Overview (PDF)
• Course Schedule (PDF)

Recommended Text
• The Dictionary of Real Estate Appraisal, 5th ed.
• Appraising Residential Properties, 4th ed.
• The Appraisal of Real Estate, 14th ed.

Ordering Information
To order books and other materials go to
our store

Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.

Required
• A financial calculator is required. The accepted model used in the course is the HP-12C. Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
• You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP-12C. Do not come to class expecting to be taught how to use a financial calculator.
• Free Review: Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar, Using Your HP-12C Financial Calculator.

AI CE Credit for Designated Members and Practicing Affiliates
• Attend Only = 150 points
• Attend and Pass = 200 points
• Pass Exam Only = 150 points

Prerequisites
Successful completion of Basic Appraisal Principles or equivalent course is required.

Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

Who Should Enroll
• Beginning appraisers
• Real estate professionals
• Users of appraisal services
• College students
• Accountants

Click Here for State Approvals


  
Class Schedule & Locations

06/06/2015 - 06/10/2015
Location: San Diego, CA
Click here for location details
Sponsor: San Diego
Contact: Patti L. Kreutzer, (858) 292-7324
Instructor: Backer, Robert M., MAI, SRA & Warren, Jeffrey T., MAI, SRA
Call



06/15/2015 - 06/18/2015
Location: Nashville, TN
Click here for location details
Sponsor: Greater Tennessee
Contact: Myra Withers, (615) 515-9700
Instructor: Sellers, Leslie P., MAI, SRA & Atwood, James B., SRA
Register


06/22/2015 - 06/25/2015
Location: Pittsburgh, PA
Click here for location details
Sponsor: Pittsburgh Metropolitan
Contact: Kari Ballenger, (412) 563-1900
Instructor: Smeltzer, Mark V., SRA
Register


07/08/2015 - 07/11/2015
Location: Burlington, MA
Click here for location details
Sponsor: Massachusetts and Rhode Island
Contact: Lianne C. Andreucci, (781) 397-8922
Instructor: Bowler, Edward V., MAI, SRA & Elliott, Steven G., SRA
Register


07/13/2015 - 07/16/2015
Location: Chicago, IL
Click here for location details
Sponsor: Chicago
Contact: L.A. Anderson, (312) 616-9406
Instructor: Flynn, Brian J., MAI, AI-GRS
Register


09/14/2015 - 09/17/2015
Location: Indianapolis, IN
Click here for location details
Sponsor: Hoosier State
Contact: Shannon O'Keefe, (317) 815-1340
Instructor: Tillema, Nick A., MAI, SRA, AI-GRS
Register


09/21/2015 - 09/24/2015
Location: Omaha, NE
Click here for location details
Sponsor: Nebraska
Contact: Karie Walker, (804) 721-5958
Instructor: Alford, Kenneth N., MAI
Register


10/12/2015 - 10/15/2015
Location: Chicago, IL
Click here for location details
Sponsor: Chicago
Contact: L.A. Anderson, (312) 616-9406
Instructor: Flynn, Brian J., MAI, AI-GRS
Register


10/12/2015 - 10/15/2015
Location: Linthicum Heights, MD
Click here for location details
Sponsor: Maryland
Contact: Tim McKenna, (410) 752-3318x208
Instructor: Smeltzer, Mark V., SRA
Register


11/02/2015 - 11/05/2015
Location: Plano, TX
Click here for location details
Sponsor: North Texas
Contact: Ruth A. Kelton, (972) 233-2244
Instructor: Naeter, George N., MAI
Register






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