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Quantitative Analysis 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)

Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; course equivalencies. Click here.

This course focuses on the practical application of quantitative tools for analyzing data, drawing appropriate conclusions from data sets, and presenting both the analysis and conclusions in ways that enhance communication with appraisal clients. It reviews and furthers the application of basic statistical measures (mean, median, mode, standard deviation, etc.) and spends a good deal of time on graphical and regression analysis.

Central goals of the course include showing participants how to understand the reliability and validity of data used to draw conclusions, providing the knowledge needed to support the conclusions others may draw from the same or similar datasets. Presentation and activities make extensive use of real-world appraisal applications and are aimed at furthering an appraiser’s ability to provide credible analysis of real property-related issues.

Upon completion of the course, participants should be able to:
• Properly apply and explain statistical methods such as simple and multiple regression analysis using market information
• Understand and critique statistical applications
• Understand how to incorporate statistical analysis in valuation reports
• Understand how to evaluate the reliability of various types of data used in valuation
• Understand the language of quantitative analysis
• Use graphs to present data and analysis
• Understand research design issues such as hypothesis construction, data reliability and validity, and sampling issues

Note: This course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 30 hours of traditional classroom education and wraps up with a three-hour exam on the fifth morning.

Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Advanced Income Capitalization, Advanced Market Analysis and Highest and Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will pay full price.

This course is in the Analytics for Valuation Professional Development Program. For more information, click here.

For more information on how to become a Candidate for Designation, click here.

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

Recommended Text
• The Dictionary of Real Estate Appraisal, 5th ed.

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

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

An Introduction to Statistics for Appraisers
• Laptops (recommend external mouse)
• Spreadsheet program: Excel 2010  
• 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 basic Excel and calculator operation when the course begins. Answers to problems in course material are shown using Excel 2010. Do not come to class expecting to be taught how to use Excel.

Note to Mac users: Microsoft does not support the Data Analysis Tool Pack in Mac Office Excel 2008 or Mac Office  Excel 2011.  However, they do suggest free third-party add-ins with similar functionality. For more information, select Excel 2008 or Excel 2011.

AI CE Credit for Designated Members and Practicing Affiliates
• Attend Only = 275 points
• Attend and Pass = 375 points
• Pass Exam Only = 325 points

Advanced Education Diagnostic Test

Real Estate Finance, Statistics, and Valuation Modeling or university-level introduction to statistics course
Using Spreadsheet Programs in Real Estate Appraisals - The Basics or similar course/seminar

Participants 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
• General or Residential Associates working on their designations
• MAIs or SRAs who want to further their statistics knowledge and skill base
• Residential or general certified appraisers
• Tax assessors
• Attorneys
• Bankers
• Review appraisers
• Market researchers

Click Here for State Approvals

Class Schedule & Locations

06/15/2015 - 06/19/2015, Diagnostic test deadline May 22; Registration deadline May 29; 2-hr online session deadline Jun 8
Location: Louisville, KY
Click here for location details
Sponsor: Bluegrass
Contact: Susan Katz, (502) 727-9181
Instructor: Spence, William D. Otto, MAI, AI-GRS

08/03/2015 - 08/07/2015, Online Session Starts: 7/6; Last Day to Register: 7/20; Diag Test Deadline: 7/208; Online Session Ends: 7/27
Location: Greensboro, NC
Click here for location details
Sponsor: North Carolina
Contact: Nancy S. Linton-Hall, (336) 297-9511
Instructor: Wright, Larry T., MAI, SRA, AI-GRS

08/17/2015 - 08/21/2015
Location: Chicago, IL
Click here for location details
Sponsor: Chicago
Contact: L.A. Anderson, (312) 616-9406
Instructor: Hamilton PhD, Thomas W., MAI & Urubek, John H., MAI

08/17/2015 - 08/21/2015
Location: Roanoke, VA
Click here for location details
Sponsor: Virginia Commonwealth
Contact: Jamey Leonard,SRA, (540) 774-2033
Instructor: Spence, William D. Otto, MAI, AI-GRS

10/01/2015 - 10/06/2015
Location: Aurora, CO
Click here for location details
Sponsor: Colorado
Contact: Sherry Engleberg, (303) 691-0487
Instructor: Bowes, Nelson, MAI

11/09/2015 - 11/13/2015
Location: East Brunswick, NJ
Click here for location details
Sponsor: Metro New Jersey
Contact: Debra J. Miller, (732) 560-0072
Instructor: Spence, William D. Otto, MAI, AI-GRS

11/12/2015 - 11/17/2015, November 15: DAY OFF
Location: Orlando, FL
Click here for location details
Sponsor: Appraisal Institute
Contact: National Programs, (312) 335-4207
Instructor: Wright, Larry T., MAI, SRA, AI-GRS

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