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Residential Market Analysis and Highest & Best Use
September 22 - 23, 2014
* includes late fee
Brian J. Flynn, MAI, AI-GRS
205 W Wacker Dr #202
to check state approvals
Sponsor / Contact
This two-day course provides a fresh look at the relationship between market analysis and highest and best use. Discover where to find the information you need to make a highest and best use decision and how to interpret the information you find. Learn how to read and map a market area for a subject property and discover the essential links between market analysis, highest and best use analysis, and the three approaches to value (cost, sales comparison, and income capitalization). Gain practical experience by solving highest and best use problems similar to problems you might encounter in the real world. Theory is translated into practice through extensive and varied classroom activities encouraging you to become actively involved in applying concepts to real-world situations. Successful completion of the course and exam should satisfy most states’ education requirements in the content area identified as residential market analysis and highest and best use.
AICP members may be able to earn Certification Maintenance (CM) credits for this activity. Visit
for a list of approved offerings.
Table of Contents and Overview
Residential appraisers seeking licensing and residential appraisers who want to learn more about how proper market analysis supports highest & best use conclusions and other steps in the valuation process
A financial calculator is required. The accepted model used in the course is the HP-12C.
Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
• Free Review--
Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems
Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar,
Using Your HP12C Financial Calculator
Successful completion of
Basic Appraisal Principles
Basic Appraisal Procedures
, or equivalent courses 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.
For Further Reading
Residential Market Analysis and Highest & Best Use
The Appraisal of Real Estate, 14th ed.
The Dictionary of Real Estate Appraisal, 5th ed.
$50.00 cancellation fee.
Less than 2 days prior to program start date, forfeit of payment.
$50.00 transfer fee.
Less than 2 days prior to program start date, no transfer allowed.
The Chicago Chapter enforces the attendance requirements as mandated by the State of Illinois and the AQB. There is a 100% attendance policy. . If you are late the first day of the course, you may stay in class but you will not receive full credit.
Registration begins at 8:00 am for every course. Each course begins promptly at 8:30 am each day. Program Material Policy You will be picking your materials up at the beginning of the class from the Chapter. If you would like to review the materials prior to class, you may go to the Knowledge Center (KC) at http://knowledgecenter.appraisalinstitute.org/
Cancellation & Transfer Policy: Please read carefully.
The Chicago Chapter charges a $50 cancellation AND $50 transfer fee.
If you cancel less than 3 BUSINESS DAYS before the start of the course or seminar you will receive NO REFUND. Most classes start on Monday so if, for example, you cancel on Wednesday of the week before the class begins you will FORFEIT YOUR TUITION.
The Chicago Chapter reserves the right to cancel, limit or reschedule the programs and to change faculty assignments at any time. Prospective students should confirm their registrations before making any non-refundable airline reservations.
If you cancel there is an additional $25 material charge from the national office. You do not return course materials any longer.
HOTEL INFO: We have a corporate rate at the Holiday Inn Mart Plaza, right across the street from the chapter office.
Call Tony at 312.529.1127 and tell him you’re a student with the Chicago Chapter and he will make your reservation for you. Call by August 18, 2014 in order to receive the corporate rate.
CHICAGO IS A VERY BUSY CITY ….YOU NEED TO MAKE YOUR HOTEL RESERVATIONS EARLY TO GET OUR CORPORATE RATE OR EVEN GET A HOTEL ROOM BECAUSE THE HOTELS FILL UP QUICKLY WITH CONVENTIONS.
Program materials can be downloaded by the student or can be picked up at the site.
September 22, 2014 8:00a-8:30a
Class: 8:30 -4:30
Sept 22 & 23
Please contact LA LA@ccai.org 312.616.9400
if you have any questions or need assistance.
200 W. Madison, Suite 1500, Chicago, IL 60606
888-7JOINAI (756-4624) |
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