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Basic Appraisal Principles Course
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[G/R]   30  Sep 17 - 20, 2018 Chicago, IL Chicago Chapter Call          
Basic Appraisal Procedures Course
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[G/R]   30  Oct 9 - 12, 2018 Chicago, IL Chicago Chapter Call          
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[SPP]   15  Oct 22 - 23, 2018 Chicago, IL Chicago Chapter Call          

Basic Appraisal Procedures

CALL   Date: October 9 - 12, 2018   Location: Chicago, IL
 
  Course  
Category  General/Residential [G/R]  
Level  I  
Attendance Hours  28.0  
Exam Hours  2.0  
Current Price  $ 475.00 AI Price  
$ 500.00 Full Price  
 
  Instructor  
Joseph E. Batis, MAI  
Joseph C. Magdziarz, MAI, SRA, AI-GRS, AI-RRS  
    
 
  Location  
Name  Chicago Chapter  
Rep  L A Anderson  
Address  205 W Wacker Dr #202  
City  Chicago  
State  IL  
Zip  60606  
Phone  (312) 616-9400  
 
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  

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



Downloads
Table of Contents and Overview (PDF)
Course Schedule (PDF)
 
  Audience  
• Beginning appraisers

• Real estate professionals

• Users of appraisal services

• College students

• Accountants
 
  Equipment  
• 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.
 
  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.
 
  For Further Reading  
  Basic Appraisal Procedures  
  The Appraisal of Real Estate, 14th ed.  
  The Dictionary of Real Estate Appraisal , 6th ed.  
  Appraising Residential Properties, 4th ed.  
 
  Disclaimer  
Cancellation Policy
  • $50.00 cancellation fee.
  • Less than 2 days prior to program start date, forfeit of payment.
  Transfer Policy
  • $50.00 transfer fee.
  • Less than 2 days prior to program start date, no transfer allowed.
   
The State and the AQB requires that you be in class 100% of the time. You will not receive credit if you don't fulfill this requirement

Program materials can be downloaded by the student.
 
  Additional Information  
Registration - 8:00
Class lecture - 8:30-4:30 daily
Exam is on the afternoon on Oct 12

 

 
















 
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