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General Appraiser Income Approach/Part 1

    Date: May 6 - 9, 2019   Location: Atlanta, GA
Category  General [Gen]  
Attendance Hours  27.0  
Exam Hours  3.0  
Current Price  $ 490.00 AI Price *  
$ 520.00 Full Price *  
* SAVE! early registration
Jeffrey M. Bowling, MAI, SRA  
Alexander B. Rubin, MAI, AI-GRS  
Name  Atlanta Realtors Center  
Address  5784 Lake Forrest Drive  
City  Atlanta  
State  GA  
Zip  30328  
Click Here to check state approvals
  Sponsor / Contact  
Chapter  Atlanta Area
Contact Name  Suzanne S. Brockway  
Phone  (770) 803-0024  
Fax  (000) 000-0000  

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:

Delivery Method: Group-Live

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

• Underwriters

• Lenders

• Assessors
• 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
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.  
Cancellation Policy
  • Up To 15 days prior to program start date, $25.00 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.
  Transfer Policy
  • Up To 15 days prior to program start date, no transfer fee.
  • 7 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 7 days prior to program start date, no transfer allowed.
Enrollment is on a first-come, first served basis. If the education program is filled, e-mail to be placed on a waiting list.

The Atlanta Area Chapter Appraisal Institute is not responsible for students' non-refundable airline reservations, lodging, or other expenses incurred by the student. The Atlanta Area Chapter Appraisal Institute is not responsible for the quality of lodging facilities.

If you have a disability and require accommodation, please notify the Atlanta Area Chapter office at least two weeks in advance and we will arrange for reasonable accommodation.

Enrollment Cancellation Policy:
If a student wishes to cancel enrollment, a cancellation notice must be submitted in writing via email A confirmation of the cancellation will be e-mailed to the student once it is processed by the Chapter office. See course details regarding cancellation fees. This confirmation will serve as your receipt.

Course Materials:
Course 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 contact the chapter office at so we may arrange for your materials to be available onsite.

Program materials can be downloaded by the student.
  Additional Information  
Upon completion of the course registration, you will receive an enrollment confirmation/receipt via e-mail. Look out for the e-mail and save it for future reference via a print-out or save to your smartphone.

Note: Be advised that with the material download only option, printed materials will NOT be shipped to you or available onsite. It is your responsibility to have the documents available in class on a digital device or printed and brought with you.

5784 Lake Forrest Drive
Atlanta, Georgia 30328
Phone: (404) 250-0051
Web Site:

Lodging in the Area:

Map: To view these hotels charted on a map, follow this link:

May 6-8, 2019, 8:30 a.m. - 5:00 p.m. - Classroom Instruction
May 9, 2019, 8:30 a.m. - 2:00 p.m. - Classroom Instruction
May 9, 2019, 2:00 p.m. - 5:00 p.m. - Exam
Lunch is on your own each day.

To receive credit, 100% attendance is required for all Appraisal Institute education programs. Students should not be late or leave early; if they are late or leave early, they will not receive credit. The Georgia Real Estate Appraisers Board requires 100% attendance of the classroom time and a passing grade on the exam (75%). Partial credit is not awarded.


TEXTBOOK ORDERING INSTRUCTIONS (for recommended reading):
To order books and other materials, go to our online store here:

EXAM GRADING POLICY – 5-7 Business Days:
The Appraisal Institute's national office will e-mail exam results and certificates of attendance to the students within 5-7 business days from the date the exams are received at the National Appraisal Institute office. QUESTIONS: E-mail the Chapter Office at

  Lodging in the Area  

  Hotels charted on a map  



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