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    Residential Sales Comparison and Income Approaches

    More Info Register
    November 5-8, 2024 Indianapolis, IN
    Date
    November 5-8, 2024
    Sponsor
    Hoosier State Chapter
    Location
    3rd Floor Classroom
    9247 North Meridian Street,
    Indianapolis, IN 46260
    Instructor
    Lisa M. Meinczinger, SRA, AI-RRS
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $525.00
    AI Price
    $500.00
    Enroll by November 8 and save $25!
    View Pricing Options
    Classroom
    Topics:
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    Commercial
    Residential
    Residential Sales Comparison and Income Approaches
    Event Information

    ATTENDANCE: Please  note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY  at 8:30AM. Following Appraiser Qualifications Board minimum criteria  requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION  PROGRAMS. Students should not be late or leave early. Those missing class times  may not receive credit. 

    HOTELS: To take advantage of special rates that the Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking any of the following accommodations:

            1) HILTON HOMEWOOD SUITES 2501 East 86th Street  Indianapolis, IN 462401-800-225-5466 317-253-1919 Call Sales Department for  negotiated price of $121 - includes a large 1 bedroom suites with a separate  kitchen andliving room, fully renovated in 2016. All stays include a complimentary full hot breakfast, evening social M-TH, high speed internet, a  workout facility; transportation to the classroom. To register online, cut and paste the following into your web browser: http://homewoodsuites.hilton.com/en/hw/reservations/index.jhtmlhotel=INDKCHW&corporateCode=560004829

        2)  HOLIDAY INN 251 E. Pennsylvania Parkway Indianapolis, IN 46280 317-574-4600

        3) HYATT PLACE 9104  Keystone Crossing Indianapolis, IN 46240 1-888-492-8847 or 317-843-0064

        4)  MARRIOTT SPRINGHILL SUITES 11855 North Meridian Street Carmel, IN 46032 317-846-1800

        5)  COMFORT INN and SUITES 9090 Wesleyan Road Indianapolis, IN 46268 1-800-414-6423 or 317-875-7676

        6)  DRURY PLAZE HOTEL INDIANAPOLIS CARMEL 9625 North Meridian Street Indianapolis,  IN 46290 317-587-2701

        
    Course Description

    Through two in-depth case studies, this introductory course provides you with the techniques necessary for completing the sales comparison and income capitalization approaches of the valuation process. You will develop and apply qualitative and quantitative analysis techniques as well as organize and reconcile data.


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    Who Should Enroll
    • Those seeking residential real property appraiser licensure or certification
    • Residential real property appraisers who would like to review the skills needed for completing the sales comparison and income capitalization approaches of the valuation process
    AI CE Points
    Attend:
    175
    pts
    Attend & Pass Exam:
    225
    pts
    Pass Only:
    200
    pts
    State Approvals
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    AZ CE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
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    CA CE 28 28 Classroom Classroom 09/20/2021 07/27/2025 05754101
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    CO QE 30 28 2 Classroom Classroom 07/09/2021 10/21/2025 2411
    CT CE 18 18 Classroom Classroom 10/12/2022 09/14/2024 AAL.000983
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    DE CE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    DE CE 28 28 Classroom Classroom 01/01/2022 09/14/2024 78524
    DE QE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    FL CE 20 20 Classroom Classroom 10/27/2023 10/26/2025 0007609
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    GA CE 30 28 2 Classroom Classroom 10/02/2005 43957
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    GA QE 30 28 2 Classroom Classroom 10/01/2005 43957
    HI CE 30 28 2 Classroom Classroom 01/01/2024 09/14/2024 23-374
    HI CE 28 28 Classroom Classroom 01/01/2024 09/14/2024 23-374
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    IA CE 30 28 2 Classroom Classroom 07/09/2021 09/14/2024 A518-1248
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    IL CE 28 28 Classroom Classroom 01/01/2023 12/31/2024 575.001130
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    KY QE 30 28 2 Classroom Classroom 07/01/2023 06/30/2024
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    ME CE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    ME QE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    MI CE 28 28 Classroom Classroom 09/05/2023 09/05/2026 20 - 948483
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    MS CE 28 28 Classroom Classroom 04/29/2024 09/14/2024 MAB #7225
    MS QE 30 28 2 Classroom Classroom 04/29/2024 09/14/2024 MAB #7225
    MT CE 28 28 Classroom Classroom 11/19/2023 09/14/2024 REA-CEC-REC-16945
    MT QE 30 28 2 Classroom Classroom 11/19/2023 09/14/2024 REA-CEC-REC-16945
    NC QE 30 28 2 Classroom Classroom 01/01/2024 12/31/2024
    ND QE 30 28 2 Classroom Classroom 10/06/2005 QE2504
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    NM CE 28 28 Classroom Classroom 12/23/2022 10/21/2025 4169
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    NM QE 30 28 2 Classroom Classroom 09/19/2022 10/21/2025 4281
    NV CE 28 28 Classroom Classroom 11/01/2023 06/30/2024 CE.0009720-A
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    NY QE 30 28 2 Classroom Classroom 10/01/2022 09/30/2024 Q0207
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    OH QE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    OK CE 28 28 Classroom Classroom 09/14/2021 09/14/2024 704
    OK QE 30 28 2 Classroom Classroom 09/14/2021 09/14/2024 613
    OR CE 28 28 Classroom Classroom 09/17/2021 09/14/2024 APIN-Q-0921-8897
    OR QE 30 28 2 Classroom Classroom 09/17/2021 09/14/2024 APIN-Q-0921-8897
    PA CE 28 28 Classroom Classroom 09/29/2021 09/14/2024 AA0003326201
    PA QE 30 28 2 Classroom Classroom 09/29/2021 09/14/2024 AA0003326201
    PR CE 28 28 Classroom Classroom 01/01/2022 09/14/2024 78524
    PR CE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    PR QE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    RI CE 28 28 Classroom Classroom 09/21/2021 09/14/2024 REA.0001780-CE
    RI QE 30 28 2 Classroom Classroom 09/21/2021 09/14/2024 REA.0001780-CE
    SC QE 30 28 2 Classroom Classroom 08/31/2014 08/31/2024 AS.1QE-6
    SD CE 30 28 2 Classroom Classroom 11/26/2023 09/11/2026 SD 698
    SD QE 30 28 2 Classroom Classroom 11/26/2023 09/11/2026 SD 698
    TN CE 28 28 Classroom Classroom 05/01/2024 04/30/2026 2149
    TN CE 30 28 2 Classroom Classroom 05/01/2024 04/30/2026 2149
    TN QE 30 28 2 Classroom Classroom 05/01/2024 04/30/2026 2149
    TX CE 30 28 2 Classroom Classroom 07/09/2018 09/30/2024 TX Provider #:10 Course #: 37503
    TX QE 30 28 2 Classroom Classroom 09/14/2023 09/14/2024 TX Provider #: 8038 Course #: 27854
    UT CE 28 28 Classroom Classroom 12/01/2023 11/30/2025 AC231114
    UT QE 30 28 2 Classroom Classroom 01/01/2018 06/30/2025 AQ230620
    VA CE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    VA CE 28 28 Classroom Classroom 01/01/2022 09/14/2024 78524
    VA QE 30 28 2 Classroom Classroom 10/01/2023 09/30/2025 4006000476
    VT CE 28 28 Classroom Classroom 01/21/2021 01/21/2025
    VT QE 30 28 2 Classroom Classroom 02/08/2021 02/08/2025 CA-19773
    WA CE 28 28 Classroom Classroom 07/09/2021 09/14/2024 A23016576
    WA QE 30 28 2 Classroom Classroom 07/09/2021 09/14/2024 A23016576
    WI CE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    WI CE 28 28 Classroom Classroom 01/01/2022 09/14/2024 78524
    WI QE 30 28 2 Classroom Classroom 01/01/2022 09/14/2024 78524
    WV CE 28 28 Classroom Classroom 02/02/2023 09/14/2024
    WV QE 30 30 Classroom Classroom 02/02/2023 09/14/2024
    WY CE 30 28 2 Classroom Classroom 07/09/2021 11/01/2024 83
    WY QE 30 28 2 Classroom Classroom 07/09/2021 11/01/2024 83
    Course Objectives
    • Recognize the relationship between the sales comparison and income capitalization approaches and the rest of the valuation process.
    • Extract and support adjustments using paired data analysis.
    • Extract and support adjustments using income analysis.
    • Extract and support adjustments using cost and depreciation analysis.
    • Apply the adjustment techniques most appropriate for given data. 
    • Calculate appreciation rates for the subject property and comparable sales.
    • Use the estimated gross monthly market rent and the reconciled GRM to derive a value indication from the income capitalization approach.
    • Apply the reconciled GRM to the gross monthly rent estimate to derive a value indication for the subject property by the income capitalization approach.
    • Derive an indication of value by the sales comparison approach.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:

    Yes. Participants must complete mandatory assignments in this program. Please plan your time accordingly and allow up to 5 days for the instructor to review your assignments. The instructor may ask for a re-submission of incomplete assignments. You may advance through the program while you are waiting for your instructor to review your work. You may also contact the instructor to request expedited review.

    Equipment:

    Additional Information:

    Course Materials Include:

    • Course Handbook (456 pp.)
    • Case Studies Packet (12 pp.)
    • Solutions Booklets (112 pp.)

    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

    Prerequisites
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    07/02/2024 thru 10/25/2024     		$550.00 $525.00
    Late
    After 10/26/2024     		$575.00 $550.00
    Early-Bird
    Today thru 11/08/2024     		$525.00 $500.00
    Have Exam Questions?
    Exam FAQ
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Appraisal Institute May 13-23, 2024 Synchronous View Details Register
    Appraisal Institute August 5-15, 2024 Synchronous View Details Register
    Tennessee Chapter September 16-19, 2024 Nashville, TN Classroom View Details Register
    Event Information

    ATTENDANCE: Please  note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY  at 8:30AM. Following Appraiser Qualifications Board minimum criteria  requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION  PROGRAMS. Students should not be late or leave early. Those missing class times  may not receive credit. 

    HOTELS: To take advantage of special rates that the Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking any of the following accommodations:

            1) HILTON HOMEWOOD SUITES 2501 East 86th Street  Indianapolis, IN 462401-800-225-5466 317-253-1919 Call Sales Department for  negotiated price of $121 - includes a large 1 bedroom suites with a separate  kitchen andliving room, fully renovated in 2016. All stays include a complimentary full hot breakfast, evening social M-TH, high speed internet, a  workout facility; transportation to the classroom. To register online, cut and paste the following into your web browser: http://homewoodsuites.hilton.com/en/hw/reservations/index.jhtmlhotel=INDKCHW&corporateCode=560004829

        2)  HOLIDAY INN 251 E. Pennsylvania Parkway Indianapolis, IN 46280 317-574-4600

        3) HYATT PLACE 9104  Keystone Crossing Indianapolis, IN 46240 1-888-492-8847 or 317-843-0064

        4)  MARRIOTT SPRINGHILL SUITES 11855 North Meridian Street Carmel, IN 46032 317-846-1800

        5)  COMFORT INN and SUITES 9090 Wesleyan Road Indianapolis, IN 46268 1-800-414-6423 or 317-875-7676

        6)  DRURY PLAZE HOTEL INDIANAPOLIS CARMEL 9625 North Meridian Street Indianapolis,  IN 46290 317-587-2701