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Rural Valuation Basics

    Date: August 16, 2019   Location: Millbrook, AL
 
  Seminar  
Category  General/Residential [G/R]  
Level  Basic/Intermediate  
Attendance Hours  7.0  
Current Price  $ 195.00 AI Price  
$ 215.00 Full Price  
 
  Instructor  
Michael V. Tankersley, MAI, SRA, AI-RRS  
    
 
  Location  
Name  NaturePlex  
Address  3050 Lanark Road  
City  Millbrook  
State  AL  
Zip  36054  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Alabama
Website  www.aialabama.com  
Contact Name  Pamela Paulk  
Email  pampaulk@aialabama.com  
Phone  (205) 835-0808  
 
  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 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
 
  For Further Reading  
  Rural Property Valuation  
  The Appraisal of Real Estate, 14th edition  
  The Dictionary of Real Estate Appraisal, 6th edition  
 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 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.
  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.
Schedule: 8:30am-4:30pm
Registration: 8:00am

Registration Includes a BBQ Lunch

Approved for 7 Hours CE Credit Alabama Appraisers Board
Approved for 6 Hours CE Credit Alabama Real Estate Commission

Approved for Forestry Education Credit - SAF Cat 2: 6 hours

Check for other state approvals by using link above

Cancellations/Refunds: Requests for cancellations must be received in writing by the chapter. Email: pampaulk@aialabama.com. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.

Enrollment is on a first-come, first served basis. If the education program is filled, e-mail pampaulk@aialabama.com to be placed on a waiting list. The Alabama Chapter is not responsible for students' non-refundable airline reservations or other travel expenses. The Alabama Chapter reserves the right to change/cancel any class due to extraneous circumstances. If you have a disability and require special accommodations, notify the Chapter in writing at least two (2) weeks in advance and we will arrange for reasonable accommodation. Without two weeks’ notice, accommodation may not be available.

ATTENDANCE
The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements. You must not miss any of the course offering and you must give the instructor full attention. No cell phones, text messaging, returning calls, using computers and reading other non-related materials in class. You must be on time at beginning and returning from breaks and lunch.


State Certification: Students should contact their specific state to determine current education approval and requirements.

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  
The NaturePlex is located in MillBrook Alabama just off of I-65. It is part of the Alabama Wildlife Federation Property known as the Lanark Property. Click on the link below for directions.

  Directions to the NaturePlex  

  Spring Hill Suites  

  Sleep Inn Prattville/Millbrook-off -65  

  Hampton Inn Prattville-off I-65  

 

 
















 
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