General Appraiser Market Analysis and Highest & Best Use

• 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.
  

Program Overview:

Online Syllabus

Assignments:

Yes. After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins.

To access your Education and Events page, log on to the Appraisal Institute website at https://ai.appraisalinstitute.org/eweb (click on the three horizontal lines to the left of the AI logo and select “My AI Account” from the drop-down menu).

Equipment:

• A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
• You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
• Free Review: Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator
• HP-12C calculator User’s Manual
  

Additional Information:

Exam:
You will have 90 days from the time that you complete the course to take the proctored, offline exam. Testing center locations in your area can be found by clicking on this link:www.pearsonvue.com/ai.
Exam FAQ

Requirements:

Online Education FAQ

• Basic Appraisal Principles 
• Basic Appraisal Procedures
• It is also highly recommended that participants complete General Appraiser Income Approach/Part 1 and General Appraiser Income Approach/Part 2 before enrolling in this course.

• The Appraisal of Real Estate, 15 ^th ed.
• Market Analysis for Real Estate, 2 ^nd ed.
• The Dictionary of Real Estate Appraisal, 7 ^th ed.