Instructor: Claude, Weems
Schedule: Weekends 8:30-5:00
Start Date: 6/19/2021
End Date: 6/27/2021
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 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 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.
"It is recommended to use and be familiar with the HP12C calculator and it's financial and statistical functions. However other financial and statistical calculators can be used as long as the student is familiar with the calculator's use in financial and statistical computations". (30 Hrs. Q & CE)
TREES Classroom courses are now open and operate under Covid-19 guidelines. We ask that you bring your own mask or face covering to class as well as respect social distancing with other students. There will be daily, “touchless" temperature checks and tables and chairs are cleaned at the end of each day. If you feel sick, we ask you to not attend class. You can make up any missed time in future classes at no charge. Thank you for your cooperation and patience.
Residential Sales Comparison & Income Approach (Qualifying & CE)
2 - Weekends - Saturday & Sunday
Date: June 19,20,26,27, 2021
Time: 8:30 am - 5:00 pm
Check In: 8:00 am (Eastern Time)
Please bring pencil or pen, highlighter, paper, and Financial Calculator.