Choose your path
 
Find An Appraiser         Online Store         Donate         Lum Library         Join
 View Cart View Cart
0 Registrations in Cart
 
 
 
Appraisal Institute  
Login
 
 
 
AI Resources Education Publications Professional Practice News Advocacy About Us
 
 
Select an Offering

Advanced Concepts & Case Studies

    Date: July 15 - 20, 2019   Location: Atlanta, GA
 
  Course  
Category  Other [Oth]  
Level  II  
Attendance Hours  37.0  
Exam Hours  3.0  
Current Price  $ 850.00 AI Price  
$ 1,200.00 Full Price  
 
  Instructor  
Larry T. Wright, MAI, SRA, AI-GRS  
    
 
  Location  
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
Website  www.aiatlanta.org  
Contact Name  Suzanne S. Brockway  
Email  sbrockway@aiatlanta.org  
Phone  (770) 803-0024  
Fax  (000) 000-0000  
 
  Description  

The 40-hour Advanced Concepts & Case Studies course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 35 hours of traditional classroom education and wraps up with a three-hour exam on the sixth morning.

Please note Designated Members, Candidates for Designation and Practicing Affiliates will receive the discounted AI Price for Advanced Education courses: Advanced Income Capitalization, Advanced Market Analysis and Highest and Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will receive the Full Price.

For more information on how to become a Candidate for Designation,
click here.

Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; course equivalencies. Click here.

Important Note: Mandatory Diagnostic Test
Before enrolling in this or any other MAI designation course, you must pass a diagnostic test. The Excel diagnostic tests your mastery of solving appraisal problems using spreadsheets. This newly released diagnostic test was intentionally designed to be challenging and ensure participants have adequate Excel skills before taking MAI designation courses.

Excel is used extensively in the MAI designation courses; it is highly recommended that you know how to perform the necessary appraisal functions in Excel to succeed in this course.

The diagnostic test is free and can be taken at any time on your personal computer. To register for the test, please click here.


Course Description
This course synthesizes basic and advanced valuation techniques taught in previous courses, and addresses consistent treatment of the three valuation approaches for various valuation problems. Case studies teach participants how to address common but complex appraisal issues, including a leased fee not at market rent, a proposed property, a property in a market not at equilibrium, and a subdivision. The course emphasizes the need to test the reasonableness of conclusion in an appraisal.

Note. This is primarily a synthesis course, not a review course. Like all advanced education courses sponsored by the Appraisal Institute, the course naturally reviews many concepts taught in previous courses. However, it includes some new material and does not include a complete overview of the other courses. Therefore, Advanced Concepts & Case Studies should not be considered an adequate review for the comprehensive exam. To prepare for the comprehensive exam, participants must review all four advanced education courses, as well as basic concepts from qualifying education for certified general appraisers.

Upon completion of the course, participants should be able to: • Develop and reconcile cost, income, and sales comparison approaches for a leased fee interest rent, including consistent treatment of property rights
• Recognize the typical relationships between yield rates on leased fee and fee simple estates, considering their varying risk
• Review proper procedures for developing a market-supported discounted cash flow analysis, and apply them to practical examples
• Develop and reconcile cost, income, and sales comparison approaches for a proposed property as is, upon completion, and upon stabilization
• Demonstrate a working knowledge of various methods of calculating a rent-up adjustment and a property rights adjustment
• Identify the demographic and economic data used to estimate an absorption period for a development project
• Develop and reconcile cost, income, and sales comparison approaches for a property in a market not at equilibrium
• Conduct inferred and fundamental demand analysis based on data provided in case studies
• Develop and reconcile cost, income, and sales comparison approaches for a subdivision

Downloads
Table of Contents and Overview (PDF)
Schedule (PDF)
 
  Audience  
• General appraisers who want to improve their ability to apply appraisal methods, techniques, and procedures

• Candidates for Designation who are working on MAI designations
 
  Equipment  
• Laptops (recommend external mouse)
• Spreadsheet program: Excel 2007 (participants can use other spreadsheet programs, but those programs won’t be supported in class; demonstrations will be done in Excel)
• Calculators. 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 basic Excel and calculator operation when the course begins. Answers to problems in course material are shown using Excel and the HP-12C. Do not come to class expecting to be taught how to use Excel or 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  
Required:
Advanced Education Diagnostic Test
Advanced Income Capitalization (old 510 or new version)
General Appraiser Sales Comparison Approach 
General Appraiser Market Analysis and Highest & Best Use 
General Appraiser Income Approach/Part 1
General Appraiser Income Approach/Part 2
General Appraiser Report Writing and Case Studies

Recommended
Advanced Market Analysis and Highest & Best Use

Participants 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  
  Brochure  
  The Dictionary of Real Estate Appraisal , 6th ed.  
  The Appraisal of Real Estate, 14th ed.  
  Market Analysis for Real Estate: Concepts and Applications in Valuation and Highest and Best Use  
  Valuation of Apartment Properties  
  Subdivision Valuation  
  Shopping Center Appraisal and Analysis   
  The Valuation of Office Properties  
 
  Disclaimer  
Cancellation Policy
  • $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, $50.00 transfer fee.
  • Less than 7 days prior to program start date, no transfer allowed.
  Program Material Policy

Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, you will automatically be charged a $25.00 fee and you may keep the material. Once the fee is charged, your refund will be processed. Material returns are no longer accepted. Contact the offering sponsor for more information.
  • Cancel Offering, $25.00 material fee.
Enrollment is on a first-come, first served basis. If the education program is filled, e-mail sbrockway@aiatlanta.org 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 sbrockway@aiatlanta.org. 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 sbrockway@aiatlanta.org so we may arrange for your materials to be available onsite.


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  
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.

REQUIRED DIAGNOSTIC TEST: The diagnostic test must be passed before students can register for this advanced education course. We require that students take the test at least 21 days before the classroom session of the course begins. Follow this link to take the free test: http://www.appraisalinstitute.org/education/AETEST.aspx.

The 40-hour Advanced Concepts & Case Studies course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 35 hours of traditional classroom education and wraps up with a three-hour exam on the sixth morning.

CLASS LOCATION:
ATLANTA REALTORS CENTER
5784 Lake Forrest Drive
Atlanta, Georgia 30328
Phone: (404) 250-0051
Web Site: www.atlantarealtorscenter.com

Lodging in the Area:
http://aiatlanta.org/wp-content/uploads/2015/10/Suggested-Hotels-near-Atlanta-Realtors-Center-ATLAI.pdf

Map: To view these hotels charted on a map, follow this link: http://www.mapquest.com/?version=1.0&hk=3-sB2KlZgL

SCHEDULE:
Prior to the first day of class, a separate 2-hour online session is required. The online session is available 28 days before the classroom session begins. The online session ends 2 days before the classroom session begins.

28 days
2-hour online session begins

21 days
Last day to register for the required diagnostic test and submit.

14 days
Last day to receive a pass confirmation on diagnostic test
Last day to register for the course with printed materials
Last day to cancel registration with a $150 cancellation fee

7 days - Last day to cancel registration with -0- refund

5 days - Last date to register for the course

2 days
Last day to complete 2-hour online session

July 15-19, 2019 - 8:30 a.m. - 5:00 p.m. (Classroom Lecture)
July 20, 2019 - 8:30 a.m. - 11:30 a.m. (Exam)

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

ATTENDANCE POLICY & EXAM:
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 and online time and a passing grade on the exam (75%). Partial credit is not awarded. If you are taking this course for continuing education credit only for the renewal of a current Georgia appraiser classification, the exam is not required. Click here for state approval verification: http://www.myappraisalinstitute.org/education/statecert_prgrm.aspx?id=503GD

STATE APPROVALS:
For verification of state approval hours, review a list of state approval status here: http://www.myappraisalinstitute.org/education/state_aprv.aspx

TEXTBOOK ORDERING INSTRUCTIONS (for recommended reading):
To order books and other materials, go to our online store here: http://www.appraisalinstitute.org/store/

QUESTIONS:
E-mail Suzanne Brockway at sbrockway@aiatlanta.org.


  Lodging in the Area  

  View hotels plotted on a map  

  Classroom Facility Website  

 

 
















 
Appraisal Institute
200 W. Madison, Suite 1500, Chicago, IL 60606
888-7JOINAI (756-4624)  |  aiservice@appraisalinstitute.org
 
Contact Us   |   Site Map   |   Terms & Conditions   |   Privacy Policy   |   Advertise
 
 
  Copyright © 2017 Appraisal Institute. All rights reserved.