Meetings & Events
***This is a Nationally developed seminar with approvals for most states. If you need CE Credits for lots of states outside our tri-state area, this is a great option for you!***
Board Meetings are open to ALL members of the Philly Chapter! This board meeting will be accessible via the Zoom and we encourage you to attend!
If you would like the Zoom link, please contact Tiffany Lewis at tiffany.lewis@appraisalinstitute.org.
Join fellow young appraisers in the area to network and socialize. We have a big year coming up and we definitely our younger generation pumped and ready!
Admission is free, and the first drink is on us! Please register to give us a better sense of #’s if you know you will be attending!
Full Details on Course Registration Site.
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 reasonableness of all the conclusions in an appraisal.
Note. This is primarily a synthesis course, not a review course. Like all advanced education courses sponsored by the Appraisal Institute, the course naturally reviews many concepts taught in previous courses. However, it includes some new material and does not include a complete overview of the other courses. Therefore, Advanced Concepts & Case Studies should not be considered an adequate review for the comprehensive exam. To prepare for the comprehensive exam, participants must review all four advanced education courses, as well as basic concepts from qualifying education for certified general real property appraisers.
Course Description
Course Objectives
- Forecast incomes and expenses for a multiyear holding period.
- Forecast reversions for a multiyear holding period.
- Discount overall mortgage and equity cash flows to present value.
- Use yield capitalization formulas to calculate present value.
- Use data and sources to select and support risk-adjusted discount rates.
- Solve problems in lease analysis, risk and investment analysis, leverage, and subdivision analysis.
- Value partial interests.
This course emphasizes how strong writing and effective organization of an appraisal report are as powerful and essential as solid analysis. You’ll develop skills and strategies to harness language so that your value conclusion is clear and convincing to the intended user. Developing a credible opinion of value is only part of the appraisal process. Reporting it effectively conveys the appraiser’s competence. A poorly written report diminishes the credibility of even the most competent research and analysis. An appraiser who can combine robust analytical skills with strong communication skills gains a compelling competitive advantage. Through instruction and practice, you’ll learn how to effectively communicate a sound valuation analysis. Discussions and writing exercises use a variety of property types and valuation scenarios to address common issues specific to appraisal report writing. Real-world examples allow you to apply writing concepts including organization, writing tone, integration of image-based content, coherent sentence and paragraph structure, and the revision and editing process. Extended writing assignments focus on common appraisal writing challenges such as explaining the derivation and application of quantitative adjustments, communicating data-dense analysis, presenting highest and best use analysis, and writing an appropriate scope of work.
- Identify the nature of appraisal reports and report requirements.
- Identify and apply principles of grammar, punctuation, and usage specific to report writing.
- Recognize and apply a variety of written communication tools and methods to best convey an assignment’s results.
- Identify the importance of the intended user when writing an appraisal report.
- Practice presenting appraisal analysis and conclusions clearly and effectively.
- Understand the interconnectedness of the appraisal process and how to achieve a consistent and coherent appraisal report.
- Identify strengths and weaknesses of image-based description in appraisal reports, and practice designing effective graphs and tables.
Full details and description on Course
