This course is designed to provide the student with a comprehensive knowledge of the development and application of the sales comparison approach and the income approach in residential appraisal assignments. The course begins with how the fundamental principles of valuation and appraisal standards apply to an assignment in which the sales comparison and/or income approach is relevant in the scope of work, and details the development steps in the appraisal process through reconciliation. As part of the progression , the student will become acquainted with accepted methodology and techniques that can be applied in the assignment using the sales and comparison and/or the income approaches. Included and emphasized, through numerous illustrations and application case studies, are choosing comparable data, derivation and application of adjustments for various element, derivation and application of rates of capitalization, and the logic and rationale applied during reconciliation. Also included is an introduction to the HP® 12c financial calculator as well as a discussion about using the sales comparison and income approaches in special situations.
Student is responsible for complying with and meeting NYS minimum attendance requirements and satisfactory completion of any required examinations . We strongly recommend bringing a HP® 12c financial calculator to class.
Instructor: Ken Guilfoyle, AQB Certified USPAP Instructor
Registration Fee: $359.00
Course Dates: October 9 through October 12 9:00 AM – 4:30 PM
To Register Online Click “Register Here”