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Residential Market Analysis and Highest & Best Use

EMAIL   Date: May 2 - 3, 2019   Location: Indianapolis, IN
 
  Course  
Category  Residential [Res]  
Attendance Hours  14.0  
Exam Hours  1.0  
Current Price  $ 330.00 AI Price *  
$ 350.00 Full Price *  
* includes late fee
Late Fee  $ 25.00 AI Price
$ 20.00 Full Price  
 
  Instructor  
Nick A. Tillema, MAI, SRA, AI-GRS, AI-RRS  
    
 
  Location  
Name  Office Building - 2nd Floor Classroom  
Address  9247 North Meridian Street  
City  Indianapolis  
State  IN  
Zip  46260  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Hoosier State
Website  www.aihsc.org  
Contact Name  Shannon O'Keefe  
Email  AIHoosierState@sbcglobal.net  
Phone  (317) 815-1340  
Fax  (317) 815-1341  
 
  Description  

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.






Downloads
Table of Contents and Overview (PDF)
Schedule (PDF)
 
  Audience  
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
 
  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.
• 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 or equivalent
Basic Appraisal Procedures or equivalent

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 , 6th ed.  
 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 10 - 14 days prior to program start date, $100.00 cancellation fee.
  • Less than 10 days prior to program start date, forfeit of payment.
  Transfer Policy
  • Up To 15 days prior to program start date, $25.00 transfer fee.
  • 10 - 14 days prior to program start date, $50.00 transfer fee.
  • Less than 10 days prior to program start date, no transfer allowed.
   


Program materials can be downloaded by the student.
 
  Additional Information  
CLASS LOCATION: 9247 N. Meridian Street, Indianapolis, IN 46260. Classroom is on the second floor of building in Classroom II.

ATTENDANCE: Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit.

HOTELS: To take advantage of special rates that the Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking any of the following accommodations:

HILTON HOMEWOOD SUITES
2501 East 86th Street
Indianapolis, IN 46240
1-800-225-5466
317-253-1919
Call Sales Department for negotiated price of $119 on large 1 bedroom suites with a separate kitchen and living room, fully renovated in 2016. All stays include a complimentary full hot breakfast, evening social M-TH, high speed internet, a workout facility & transportation to the classroom. To register online, cut and paste the following into your web browser: http://homewoodsuites.hilton.com/en/hw/reservations/index.jhtml?hotel=INDKCHW&corporateCode=560004829

HOLIDAY INN
251 E. Pennsylvania Parkway
Indianapolis, IN 46280
317-574-4600
($108, Standard King/Double or $118, Suite + 14% occupancy/sales tax) Hotel has full service restaurant & lounge, fitness center, indoor pool/jacuzzi, & high speed internet access. All rooms have refrigerators & microwaves. one complimentary breakfast buffet and shuttle service to and from the classroom is included. When booking this hotel online at: www.holildayinn.com/indycarmel please use the following Corporate ID# 100215437 or request Appraisal Institute rate if calling to get quoted rate.

HYATT PLACE
9104 Keystone Crossing
Indianapolis, IN 46240
1-888-492-8847
317-843-0064
tracy.walkup@Hyatt.com
($102 King or Double Bed)Complimentary continental breakfast, internet, Hyatt's Stay Fit Gym, & outdoor swimming pool.

MARRIOTT SPRINGHILL SUITES
11855 North Meridian Street
Carmel, IN 46032
317-846-1800
($99): all-suite hotel with newly renovated suites, complimentary hot breakfast buffet, free Wi-Fi, complimentary health club membership in addition to onsite workout facility, indoor pool and whirlpool

COMFORT INN & SUITES
9090 Wesleyan Road
Indianapolis, IN 46268
1-800-414-6423
317-875-7676
($54): room and deluxe continental breakfast, outdoor pool, and internet


 

 
















 
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