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Rural Valuation Basics

EMAIL   Date: May 17, 2019   Location: Little Rock, AR
 
  Seminar  
Category  General/Residential [G/R]  
Attendance Hours  7.0  
Current Price  $ 190.00 AI Price  
$ 205.00 Full Price  
 
  Instructor  
Michael V. Tankersley, MAI, SRA, AI-RRS  
    
 
  Location  
Name  Arkansas REALTORS Association  
Rep  Shannon O'Neal  
Address  11224 Executive Center Dr.  
City  Little Rock  
State  AR  
Zip  72211  
Phone  (501) 225-2020  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Arkansas
Website  www.arkansasai.org  
Contact Name  Anna Swaim  
Email  annaswaim@gmail.com  
Phone  (501) 680-5154  
 
  Description  

Explore New Markets!

This 7-hour seminar teaches residential and commercial appraisers the fundamental skills they will need to complete rural appraisal assignments. Instruction focuses on land mix analysis, valuing improvements with extraction and allocation, and developing adjustments. Participants will learn how to find and analyze comparable sales and apply the data that is available in rural markets to support a credible opinion of value. Excel spreadsheets and real-world examples will be provided.

Upon completion of this course, participants should be able to:

  • Identify the characteristics of rural properties that affect value
  • Locate data sources for rural properties
  • Find the best data available in markets that have limited data
  • Analyze information on properties with different land mixes
  • Value properties with multiple improvements
  • Use soil mapping tools
  • Develop the sales comparison approach using land and building mix analyses
 
  Equipment  
• Laptop or Notebook loaded with Microsoft Excel 2007 or 2010.
• HP-12C calculator, or other financial calculator. Note that keystrokes will be shown using HP-12C.
• Basic knowledge of appraisal principles and procedures

Recommended
Working knowledge of Excel
 
  For Further Reading  
  Rural Property Valuation  
  The Appraisal of Real Estate, 14th edition  
  The Dictionary of Real Estate Appraisal, 6th edition  
 

 
















 
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