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Solving Land Valuation Puzzles
September 24, 2018
* SAVE! early registration
Mark V. Smeltzer, MAI, SRA, AI-RRS
Brandywine Country Club
6904 Salisbury Road
to check state approvals
Sponsor / Contact
122 W. Murphy St.
Learn how to solve a variety of land valuation and feasibility problems using less commonly used land valuation techniques in this one-day seminar. Interactive case studies and discussion topics cover highest and best use considerations, land residual analysis, contamination, impacts of tax increment financing on feasibility, condemnation, subdivision analysis, unit of comparison selection, and alternatives when inadequate land sales exist. Problem identification, assignment conditions, scope of work decisions, and standards of practice are reviewed in each problem and solutions are discussed. Lively class discussion and interaction will result as problems are explored.
Upon completion of the seminar, participants should be able to
Summarize the six recognized land valuation techniques
Employ land residual analysis as part of a highest and best use decision
Calculate and use internal rates of return as a method of testing feasibility
Recognize terms and concepts used for valuation of contaminated land
Test alternative units of comparison
Perform allocation and market extraction when land sales are lacking
Understand the basics of subdivision valuation
Understand the basics of condemnation valuation
Properly apply special/extraordinary assumptions, hypothetical conditions, and the Jurisdictional Exception Rule of USPAP in unusual situations.
Up To 15 days prior to program start date, $30.00 cancellation fee.
7 - 14 days prior to program start date, $50.00 cancellation fee.
Less than 7 days prior to program start date, forfeit of payment.
Enrollment is on a first-come, first-served basis. The Ohio Chapter reserves the right to cancel this course if the minimum enrollment level is not reached. The chapter recommends that students reserve their hotel room directly with the hotel where the courses are being held and not with a third-party reservation service. In the case of a cancellation, by booking directly with the recommended hotel you may typically cancel your hotel room within 24+ hours of the reservation with no cancellation fee. Students are responsible for their own hotel and airline fees in the event of a cancellation.
Attendance requirements mandated by the state of Ohio will be strictly enforced. Certificates will be issued to those in attendance for 100% of the course hours or better. If you have a disability and may require some accommodation, please notify us in writing at least 2 weeks in advance and we will arrange for reasonable accommodation.
Program materials can be downloaded by the student or can be shipped directly to the student. If you choose to have the material shipped and do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
Program materials can be downloaded by the student.
Materials will be available via
Please do not forget to download to an e-device or print and to bring them with you to class
as there will not be any available on-site!!
: 9/24/18: 8:00 a.m. -- 8:30 a.m.
: 9/24/18: 8:30 a.m. -- 4:30 p.m.
CE Credit Approvals
: 35 points
OH Appraisal Board
: 7 Hours
OH Real Estate CE
: 6.5 Hours
For Other States
The Appraisal Institute, AQB, and OHLB require full attendance (100%) at the course. If the attendance roster reflects less than 100%, it could/will show up on the roster submission to the states.
Seminar materials, breaks....AND LUNCH.
Brandywine Country Club
, 6904 Salsibury Rd., Maumee, OH 43537; T 419-865-2393
200 W. Madison, Suite 1500, Chicago, IL 60606
888-7JOINAI (756-4624) |
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