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Rural Valuation Basics

    Date: April 26, 2019   Location: Bakersfield, CA
Category  General/Residential [G/R]  
Level  Basic/Intermediate  
Attendance Hours  7.0  
Current Price  $ 195.00 AI Price  
$ 215.00 Full Price  
Michael V. Tankersley, MAI, SRA, AI-RRS  
Name  Hodel's  
Rep  Kasey Flud  
Address  5917 Knudsen Drive  
City  Bakersfield  
State  CA  
Zip  93308  
Phone  (661) 399-3341  
Click Here to check state approvals
  Sponsor / Contact  
Chapter  Central California
Contact Name  Nicole Atherton  
Phone  (661) 321-0545x206  

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
• 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  
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.
Requests for cancellation must be received in writing at the Chapter Office (PO Box 11262, Bakersfield, CA 93389). The Chapter reserves the right to cancel, limit, or reschedule the seminar and to change faculty assignments and facility location at any time; therefore, prospective students should confirm their registration prior to making any non-refundable airline reservations. The Appraisal Institute, Central California Chapter is not responsible for students’ non-refundable airline reservations or other travel costs.

There are NO transfers; you must cancel out of the seminar.

Seminar materials will be distributed at seminar registration. Materials will not be shipped directly to the students. During the registration process, if you selected the option to receive the course material via download, please be reminded to load the materials on a laptop or tablet and bring the laptop or tablet to class with you.

The Rural Valuation Basics seminar is approved by the California BREA for seven (7) hours of continuing education credit, Approval Number: 18CP754601342.

Certificates of attendance will be sent by the Appraisal Institute national office within 5-7 business days.

The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100% with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualifications Board minimum criteria requirements.

If you are disabled and/or have special needs, a prompt reply is required to allow sufficient time to arrange for reasonable accommodations. If notification is not requested in advance, we cannot guarantee the availability of accommodation on site. Please contact Jewell Ogle, Education Chair Email: or Phone: (661)588-5752

Program materials can be downloaded by the student.
  Additional Information  
$175* - AI Member, Candidate or Affiliates
$195* - Regular
A $20 LATE FEE will be assessed for ALL registrations received after April 5, 2019.

Instruction: 8:30 a.m. - 5:00 p.m.
Check-in and registration will begin at 8:00 a.m.
(Lunch is included with registration)

A General Membership Meeting for the Central California Chapter will be held during lunch (11:30 AM)
Please contact Jewell Ogle, Education Chair if you would like to attend the lunch meeting only. Cost is $25 for lunch.
Phone: (661)588-5752

5917 Knudsen Drive
Bakersfield, CA 93308



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