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Tickets
When:
June 1, 2021 @ 8:30 am – June 4, 2021 @ 4:30 pm
2021-06-01T08:30:00-04:00
2021-06-04T16:30:00-04:00
Where:
150 S. Warner Rd- Lower Level
150 S. Warner Rd
King of Prussia
PA
Cost:
$550 AI Member; $575 Non Member
Contact:
Tiffany Lewis
6103260100
Email
Event website
Education Events Meetings
This class will be held in person!  All COVID protocols that are in place at the time of this course offering will be followed.
Who should enroll
  • Beginning appraisers seeking general real property appraiser certification
  • Experienced appraisers who wish to develop and enhance their market analysis skills
  • Property tax assessors
  • Housing and land use specialists within government agencies
  • Lenders
  • Investors
  • Review appraisers
Description

This AQB-approved course will help you apply meaningful market analysis in valuation assignments. It presents the basic concepts and terminology of market analysis and marketability analyses, then shows how marketability analyses provide vital information for the highest and best use decision. Throughout the course, the emphasis is on conducting a reliable analysis of demand. You will gain practice in applying methods for inferred, or trend, analysis to three property types: a suburban residential subdivision, an existing multifamily property, and an office building. Using the tools introduced in the course will help you increase the reliability of your highest and best use analyses and support the conclusions you reach in the three approaches to value.

The course also provides a transitional discussion to prepare you for marketability analyses using fundamental analysis, which is covered in the Appraisal Institute course Advanced Market Analysis and Highest & Best Use.

Objectives
  • Identify the relationship between appraisal and market analysis.
  • Identify the purposes for and steps in analyzing the highest and best use of a site as though vacant and of a property as improved.
  • Differentiate between inferred and fundamental methods of market analysis.
  • Identify differences between market analysis Levels A, B, C, and D and identify the guidelines for determining the level of market analysis for an assignment.
  • Recognize and apply the six basic steps in conducting a site-specific marketability analysis for a valuation assignment.
Prerequisites