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General Demonstration Report-Capstone Program

    Date: September 16 - 22, 2019   Location: Synchronous
 
  Course  
Current Price  $ 1,750.00 AI Price  
    
 
  Location  
Name  Synchronous  
City  Synchronous  
State     
    
 
  Sponsor / Contact  
  Appraisal Institute  
Email  OL-Help@appraisalinstitute.org  
Phone  (312) 335-4473  
 
  Description  

The General Demonstration Report—Capstone Program is an option Candidates for Designation may choose to complete their demonstration of knowledge requirement for their MAI designation. Like the traditional requirement, the same skills and knowledge base are required to produce a complete demonstration appraisal report. However, this program was designed to offer an option that accelerates the completion of the report. Instead of selecting and compiling data on a property, participants are provided with a subject property and data to analyze and then write the report in a limited time span of approximately two months. Participants must attend two webinars and a 7-day synchronous session where facilitators will be on hand to answer questions and offer guidance. The full report is submitted for grading at noon on the seventh day.

The program is designed to be completed in approximately two months; therefore, participants must realize they will need to commit a considerable amount of that time on analysis and writing tasks PRIOR to the synchronous setting. One pre-class writing assignment (fundamental market analysis) is required before the second webinar. It is important that participants understand they will need to spend a minimum of 150-200 hours to successfully complete this program. And during the 7-day synchronous session, participants should expect to work on their reports after the 7-hour days spent in the synchronous session. 10-12 hours a day that week will not be unusual.

Because of the nature of this program, NO REFUNDS or TIME EXTENSIONS will be granted.

Participant deliverables
• Submit pre-class assignment
• Complete assignments at the end of each day to gauge progress
• Finish all sections of the demonstration appraisal report by noon on seventh day

Time frame to complete program & demo report
Days 1-21Download materials, begin review of materials
Day 22WEBINAR #1: Introduction to program & Intro to Fundamental Market Analysis
Days 23-38Complete Assignment: FMA
Day 39Assignment due
Day 47WEBINAR #2: Feedback on Fundamental Market Analysis
Days 48-66Continue working on other parts of the report up to HBU
Days 67-73SYNCHRONOUS SESSION
Day 73General demonstration report due

Schedule
• Pre-class session 1: Webinar – 1.5 hours
• Pre-class session 2: Webinar – 1 hour
• Day 1: Synchronous – 7 hours
• Day 2: Synchronous – 7 hours
• Day 3: Synchronous – 7 hours
• Day 4: Synchronous – 7 hours
• Day 5: Synchronous – 7 hours
• Day 6: Synchronous – 7 hours
• Day 7: Synchronous – 3.5 hours

IMPORTANT! A pre-class writing assignment is a required component of The General Demonstration Report—Capstone Program as written under the section Fundamental Market Analysis Submission in The Official Guide to the Demonstration of Knowledge Requirement: General.

To be eligible for review, the submission must include, at minimum, all sections of the report through the Fundamental Market Analysis (FMA). The FMA assignment must be completed and submitted by 11:59 p.m. central time at least one week prior
to the second webinar via an online portal that is accessible upon logging into the AI website and clicking on the Go-To-Class link for the Capstone.

If a Candidate does not submit the assignment by the deadline, or the submitted assignment fails to contain the minimum requirements, AI will terminate the Candidate’s non-refundable enrollment in the Capstone program offering.

Furthermore, the final draft of the demonstration appraisal report must meet certain requirements that make it eligible for grading as written under the section Capstone Report Submission Requirements in The Official Guide to the Demonstration of Knowledge Requirement: General.

Objectives
• Test ability to analyze the necessary data properly, support conclusions, and write an appraisal report providing analysis and conclusions which will lead the reader to concur with the opinion of value
• Demonstrate critical thinking and technical expertise
• Demonstrate the ability to interpret real-world market knowledge
• Present a consistent theme throughout the entire report
• Support and defend your analysis
• Communicate effectively and consistently
• Demonstrate knowledge of valuation methods and analytical techniques

Subject property types
• Multifamily
• Office building

What Previous Participants Have to Say About the General Demonstration Report Capstone Program…
Overall, the Capstone program was a great option and definitely sped up my designation process.
The program was very beneficial as I have been overly reluctant to choose the “perfect” property to use as the subject for my Demo. This program solved that issue and put me on a stringent time-line for completion.
I have been putting off the demo for about 10 years. I am not sure I would have ever written it without an alternative like this. While it was extremely beneficial to have all the basic research done, in my opinion the analysis was probably more difficult and the education experience greater as I would have made strong efforts to avoid some of the issues that I was forced to deal with and analyze under this format.
The week in class provided answers to questions that a lot of us had about various aspects of the report and process. Getting some answers helped me better understand the concepts we were to demonstrate and apply them successfully.
It was very challenging and in my opinion more difficult than a traditional demo report…it was a rewarding experience where I learned more than I probably would have in a traditional demo.
The facilitators were incredibly helpful helping me talk through some concepts I was not exactly clear on. The light finally went on about Wednesday with how the FMA and HBU tied through the report…the Capstone helped me break the demo down into bite-sized chunks and the deadlines are exactly what I needed.

More than 80% of participants said they would highly recommend this alternative.



Downloads
Schedule 
  Audience  
Candidates for Designation working towards MAI
 
  Equipment  
Textbooks
Market Analysis for Real Estate
The Appraisal of Real Estate, 14th edition
The Dictionary of Real Estate Appraisal, 6th edition
General Demonstration Appraisal Report Writing (seminar handbook)

Equipment
• Laptop
• Word processing & spreadsheet software
• HP-12C calculator Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
 
  Prerequisites  
Advanced Market Analysis and Highest & Best Use or equivalent
General Demonstration Appraisal Report Writing Seminar within the last 5 years
 
  For Further Reading  
  Brochure  
 
  Disclaimer  
Cancellation Policy
  • $150.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
       
Cancellations
This confirmation will serve as your receipt. Due to the nature of this program, no cancellations or extensions can be granted.

Other Information
If you have a disability and require accommodation, please notify the national office at least two weeks in advance and we will arrange for reasonable accommodation. The Appraisal Institute reserves the rights to cancel, limit, or reschedule the seminar and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.



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.
 
  Additional Information  
To access the online component of this course:
http://www.appraisalinstitute.org/my-account/login/
Under the course name, click [GO TO ONLINE COMPONENT].

Schedule:
  • Materials Released: July 12, 2019
  • Webinar #1: August 2, 2019
  • Assignment due: 11:59 PM CST on August 19, 2019
  • Webinar #2: August 27, 2019

  • Synchronous session: September 16 - 18, 2019

  • September 16: WEBINAR 10:00 AM - 11:30 AM CST
  • September 17: WEBINAR 10:00 AM - 11:30 AM CST
  • September 18: WEBINAR 10:00 AM - 11:30 AM CST

  • The Facilitator will be available via email and phone to answer any questions during the week of September 16 - 22.


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