R9 Sales & Income Approach – 30Hours Nov 19-22, 2024 8:30 AM course $399
Approved for Appraisers & Assessors
It is impossible to replicate the rich learning experience of the classroom through a Online program and a computer screen. The Professional Career Center has been training New York real estate licensees in our classroom for over 25 years at the same Syracuse, New York location. The ability to ask questions and participate in classroom discussions can not be replicated through email or chat. Our instructors are experienced New York licensed real estate professionals. They use their real life experiences (in New York real estate) to bring the curriculum alive for better understanding and a livelier presentation. Many online programs feature experienced instructors…in most cases, that experience wasn’t from practice in New York.
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 of valuation and appraisal standards apply to an assignment in which the sales comparisons 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 comparison and/or income approaches. Included and emphasized, through numerous illustrations and application case studies, are choosing comparable data, derivation and application of adjustments for various elements, derivation and application of rates 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.