Advanced Concepts & Case Studies
Register
- Date
- September 13-18, 2027
- Time
- 8:30AM - 4:30PM (EST)
- Location
- City Express by Marriott Louisville Southeast
1241 Kentucky Mills Dr.
Louisville, KY 40299
- Instructor
- Rick L. Carlile, MAI, SRA, AI-GRS
- Class Time
- 35 hours
- Exam Time
- 3 Hours
Course Description
This course synthesizes the three approaches to value, examines their applications, and helps you apply basic and advanced valuation techniques. Case studies teach you how to address common but complex appraisal issues, including a leased fee not at market rent, a proposed property, a property in a market not at equilibrium, and a subdivision. The course emphasizes the need to test the reasonablen ...
Who Should Enroll
- General real property appraisers who want to improve their ability to apply appraisal methods, techniques, and procedures
- Candidates for Designation who are working toward an MAI designation
AI CE Points
Attend:
275
pts
Attend & Pass Exam:
375
pts
Pass Only:
325
pts
Course Objectives
- Develop and reconcile the cost, income capitalization, and sales comparison approaches for a leased fee interest rent, including consistent treatment of property rights.
- Recognize the typical relationships between yield rates on leased fee and fee simple estates, considering their varying risk.
- Review proper procedures for developing a market-supported discounted cash flow analysis and apply them to practical examples.
- Develop and reconcile the cost, income capitalization, and sales comparison approaches for a proposed property as is, upon completion, and upon stabilization.
- Demonstrate a working knowledge of various methods of calculating a rent-up adjustment and a property rights adjustment.
- Identify the demographic and economic data used to estimate an absorption period for a development project.
- Develop and reconcile the cost, income capitalization, and sales comparison approaches for a property in a market not at equilibrium.
- Conduct inferred and fundamental analysis based on data provided in case studies.
- Develop and reconcile the cost, income capitalization, and sales comparison approaches for a subdivision.
Prerequisites
Required:
- Advanced Education Diagnostic Test
- Advanced Income Capitalization
- General Appraiser Sales Comparison Approach
- General Appraiser Market Analysis and Highest & Best Use
- General Appraiser Income Approach/Part 1
- General Appraiser Income Approach/Part 2
- General Appraiser Report Writing and Case Studies
Course Materials & Recommended Books
- Market Analysis for Real Estate, 2nd ed.
- The Valuation of Apartment Properties, 3rd ed.
- Subdivision Valuation, 2nd ed.
- Shopping Center Appraisal and Analysis, 2nd ed.
- The Valuation of Office Properties: A Contemporary Perspective
- The Appraisal of Real Estate, 15th ed.
- The Dictionary of Real Estate Appraisal, 7th ed.
Additional Course Offerings
| Sponsor | Date | Location | Format | Details | Registration |
|---|---|---|---|---|---|
| November 2-7, 2026 | Chicago, IL | Classroom | View Details | Register | |
| May 3-8, 2027 | Costa Mesa, CA | Classroom | View Details | Register | |
| October 18-23, 2027 | Chicago, IL | Classroom | View Details | Register |
