28-Hour Re-Certification Virtual Seminars
Approved for AI and ACE Credits
April 11th
Advanced Land Valuation: Sound Solutions to Perplexing Problems
Larry Wright, MAI, SRA, AI-GRS
Tuesday, April 11, 2023 - REGISTER HERE
By examining unusual and complex land valuation assignments, this seminar takes concepts covered in the Appraisal Institute curriculum to the next level. In addition to lecture, discussion, and Q&A, sample case studies will demonstrate, primarily in Excel, conceptual and practical applications that participants will be able to incorporate into their day-to-day work. The seminar will suggest strategies for performing these assignments.
General Appraiser Income Approach Part 1
Robert Moorman, MAI, SRA, AI-GRS
May 8 - 11, 2023 - REGISTER HERE
HCAD | 13013 Northwest Fwy | Houston, TX 77040
Cost: Members $575.00 | Non-Members $625.00
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. The course then provides a thorough, detailed analysis of gross income, including leases and the various expenses appropriately deducted from gross income, with realistic case studies involving several income property types. Direct capitalization is presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the concepts taught to prepare participants for the exam.
General Appraiser Income Approach Part 1
Larry Wright, MAI, SRA, AI-GRS
June 13 - 16, 2023 - REGISTER HERE
HCAD | 13013 Northwest Fwy | Houston, TX 77040
Cost: Members $575.00 | Non-Members $625.00
General Appraiser Income Approach/Part 2 opens with a thorough treatment of discounted cash flow (DCF) analysis. Topics include identifying components of a DCF, projecting cash flows, analyzing leases, solving for value in a variety of common situations, and supporting the discount rate. The effects of debt financing, including cash equivalence and equity analysis, are covered in detail. Income patterns and property models, including residual and other applications, are followed by material on how to select and support the discount rate. Also presented are the strengths and weaknesses of direct and yield capitalization. The final section reviews and summarizes the mathematical concepts involved with income capitalization and prepares the participant for not only the course exam but also the certification exam.
