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General Appraiser Income Approach/Part 1

    Date: September 18 - 21, 2017   Location: Chicago, IL
 
  Course  
Category  General [Gen]  
Attendance Hours  27.0  
Exam Hours  3.0  
Current Price  $ 475.00 AI Price  
$ 500.00 Full Price  
Note
Please register early  
After Sep 11, 2017
$ 25.00  
 Late Fee
 
  Instructor  
Ron D. DeVries, MAI, SRA  
    
 
  Location  
Name  Chicago Chapter  
Address  205 W. Wacker Dr.  
   #200A  
City  Chicago  
State  IL  
Zip  60606  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Chicago
Website  www.ccai.org  
Contact Name  L.A. Anderson  
Email  LA@ccai.org  
Phone  (312) 616-9406  
Fax  (312) 616-9404  
 
  Description  

After a brief review and introduction, General Appraiser Income Approach/Part 1 opens with a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. A thorough, detailed analysis of gross income including leases and the various expenses appropriately deducted from gross income follows, with realistic case studies of several income property types. Direct capitalization is then presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the taught concepts to prepare participant for the exam.


National Registry of CPE SponsorsThe 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


Downloads
Table of Contents and Overview (PDF)
Schedule (PDF)
 
  Audience  
• Those seeking General Appraiser certification

• Underwriters

• Lenders

• Assessors
 
  Equipment  
• Laptops NOT 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.
• HP-12C calculator user's manual
• 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
 
  Prerequisites  
Basic Appraisal Principles
Basic Appraisal Procedures

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  
  The Appraisal of Real Estate, 14th ed.  
  The Dictionary of Real Estate Appraisal , 6th ed.  
  Rates and Ratios Used in the Income Capitalization Approach  
  Mathematics for Real Estate Appraisers  
  Capitalization Theory and Techniques Study Guide, 3rd ed.  
 
  Disclaimer  
Cancellation Policy
  • $50.00 cancellation fee.
  • Less than 3 days prior to program start date, forfeit of payment.
  Transfer Policy
  • $50.00 transfer fee.
  • Less than 3 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. 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 312.529.1127 and tell them you’re a student with the Chicago Chapter and they will make your reservation for you. 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. This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program. The content of this Program, including but not limited to any written materials and presenter comments, do not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute may not even have reviewed the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations. This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.

Program materials can be downloaded by the student.
 
  Additional Information  

Class Schedule: Registration: September 18, 2017 8:00a-8:30a Class: 8:30 -4:30 September 18-21,2017. Please contact LA LA@ccai.org 312.616.9400 if you have any questions or need assistance.

 

 
















 
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