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    Advanced Residential Applications and Case Studies/Part 1

    Register
    October 17-18, 2024 Denver, CO
    Date
    October 17-18, 2024
    Time
    8:30 am - 4:30 pm (MST)
    Sponsor
    Appraisal Institute
    Location
    CDOT Headquarters - Denver, CO
    2829 W. Howard Place
    Denver, CO 80204
    Class Time
    14 hours
    Exam Time
    1 Hour
    Full Price
    $500.00
    AI Price
    $400.00
    Enroll by October 16!
    View Pricing Options
    Course Description

    In Part 1 of a two-course program, you'll apply appraisal techniques to solve a complex residential case study appraisal assignment. Putting your knowledge of terminology, concepts, procedures, and methods to the test, you'll demonstrate competence in the areas of appraisal analysis learned in previous courses. By successfully completing the course and exam, you'll have met most states' education requirements in the content area identified as advanced residential applications and case studies. If you are seeking the Appraisal Institute SRA designation, this course and Advanced Residential Report Writing/Part 2 serves as an alternative to complete your Residential Demonstration of Knowledge requirement.

    PRECLASS VIDEO AND ASSIGNMENT!

    To ensure success in this course, it is important that you watch a short preclass video, which details the unique expectations not only for this course/package, but also the preclass assignment as well. What's in the video and why should I watch it?

    Important Notes:
    • If you wish to become a State Certified Residential Appraiser, Advanced Residential Applications and Case Studies/Part 1 is approved by the Appraiser Qualifications Board for 15 content hours in advanced residential applications and case studies. Advanced Residential Report Writing/Part 2 is approved for 30 hours in the appraisal subject matter elective category. Review the courses for which you have received credit to determine whether these courses are necessary for you to meet your education requirements.

    The 45-Hour Package is comprised of two courses:

    • Advanced Residential Applications & Case Studies/Part 1
    • Advanced Residential Report Writing/Part 2
    Following are the requirements to use the 45-Hour Package as an alternative to the Residential Demonstration Report:
    • You must register for a paired package of Part 1 and Part 2.
    • Part 1 and Part 2 of a paired package are generally scheduled 3 - 4 weeks apart.
    • It is not permissible to register or take Part 2 unless it is in the same pairing as Part 1
    • Course materials will be sent to you before class begins and will be accompanied by a memo explaining the preparations that you should make before coming to class. Be sure to register at least 2 weeks before the course starting date so that you can receive your materials in time to complete the required preparations. More details on the pre-class assignment can be found under View Details: Assignment.
    • For this course, case study solutions are not distributed at the end of class.
    Who Should Enroll
    Appraisers seeking residential real property appraiser certification with experience in and understanding of the fundamental concepts of appraising
    AI CE Points
    Attend:
    175
    Attend & Pass Exam:
    225
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 15 14 1 Classroom Classroom 04/17/2024 04/17/2027 19929
    AK QE 15 14 1 Classroom Classroom 04/17/2024 04/17/2027 19929
    AL CE 14 14 Classroom Classroom 10/01/2022 09/30/2024 C02665
    AL QE 15 14 1 Classroom Classroom 10/01/2022 09/30/2024 C02665
    AR CE 15 14 1 Classroom Classroom 03/04/2024 03/03/2026
    AR QE 15 14 1 Classroom Classroom 03/04/2024 03/03/2026
    AZ CE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    AZ QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    CA CE 14 14 Classroom Classroom 02/24/2022 02/23/2026 18CP754601304
    CA QE 15 14 1 Classroom Classroom 02/24/2022 02/23/2026 18CP754601304
    CO CE 14 14 Classroom Classroom 06/06/2024 04/10/2027 2666
    CO QE 15 14 1 Classroom Classroom 06/06/2024 04/10/2027 2666
    CT QE 15 14 1 Classroom Classroom 06/12/2024 04/10/2027 APR.000349
    DC CE 15 14 1 Classroom Classroom 02/29/2024 02/28/2026 4050
    DC QE 15 14 1 Classroom Classroom 02/29/2024 02/28/2026 4050
    DE CE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    DE QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    FL CE 15 14 1 Classroom Classroom 09/17/2022 09/17/2024 0007798
    FL QE 15 14 1 Classroom Classroom 09/17/2022 09/17/2024 0007798
    GA CE 14 14 Classroom Classroom 01/30/2006 45574
    GA CE 15 14 1 Classroom Classroom 01/31/2006 45573
    GA QE 15 14 1 Classroom Classroom 01/31/2006 45573
    IA CE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 A518-1174
    IA CE 14 14 Classroom Classroom 04/16/2024 04/10/2027 A518-1173
    IA QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 A518-1175
    ID CE 15 14 1 Classroom Classroom 04/16/2024 02/28/2026
    ID QE 15 14 1 Classroom Classroom 04/16/2024 02/28/2026
    IL CE 14 14 Classroom Classroom 01/01/2023 12/31/2024 575.001158
    IL QE 15 14 1 Classroom Classroom 01/18/2021 12/31/2024 573.000421
    IN CE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    IN QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    KS CE 14 14 Classroom Classroom 01/01/2024 12/31/2024 162.C24.R
    KS QE 15 14 1 Classroom Classroom 01/01/2024 12/31/2024 298.P24.R
    KY CE 14 14 Classroom Classroom 07/01/2024 05/30/2025
    KY QE 15 14 1 Classroom Classroom 07/01/2024 05/30/2025
    LA CE 14 14 Classroom Classroom 04/16/2024 04/10/2027 A0335
    LA QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 A0335
    MD CE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    MD QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    ME CE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    ME QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    MI CE 14 14 Classroom Classroom 05/29/2024 05/29/2027 20-1212632
    MI QE 15 14 1 Classroom Classroom 05/29/2024 05/29/2027 20-1212546
    MN QE 15 14 1 Classroom Classroom 07/01/2024 06/30/2026 610381
    MO CE 14 14 Classroom Classroom 05/22/2024 04/10/2027
    MO QE 15 14 1 Classroom Classroom 05/22/2024 04/10/2027
    MS CE 15 14 1 Classroom Classroom 04/16/2014 04/15/2026 MAB #49019
    MT CE 15 14 1 Classroom Classroom 06/04/2024 04/10/2027 REA-CEC-REC-18026
    NC QE 15 14 1 Classroom Classroom 01/01/2024 12/31/2024
    ND QE 15 14 1 Classroom Classroom 02/28/2006 QE2601
    NE QE 15 14 1 Classroom Classroom 11/19/2018 11/15/2023 1181444.02
    NJ CE 14 14 Classroom Classroom 06/17/2024 04/10/2027 2024-3017
    NJ QE 15 14 1 Classroom Classroom 06/17/2024 04/10/2027 2024-3017
    NM CE 14 14 Classroom Classroom 04/16/2024 04/10/2027 4416
    NM QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 4416
    NV CE 14 14 Classroom Classroom 11/01/2023 10/31/2024 CE.0009599-A
    NV QE 15 14 1 Classroom Classroom 04/26/2024 03/31/2025 PL.0007894-A
    NY CE 14 14 Classroom Classroom 01/01/2024 12/31/2024 A4691-14
    NY QE 15 14 1 Classroom Classroom 10/01/2023 09/30/2024 Q0209-R11
    OH CE 15 14 1 Classroom Classroom 01/01/2024 12/31/2024 084403709A 22
    OH QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    OK CE 14 14 Classroom Classroom 06/07/2024 04/10/2027 889
    OK QE 15 14 1 Classroom Classroom 06/07/2024 04/10/2027 622
    OR CE 15 14 1 Classroom Classroom 05/18/2023 01/27/2026 APIN-Q-1222-8958
    OR QE 15 14 1 Classroom Classroom 01/28/2023 01/27/2026 APIN-Q-1222-8958
    PA CE 14 14 Classroom Classroom 05/30/2024 05/30/2027
    PA QE 15 14 1 Classroom Classroom 05/30/2024 05/30/2027
    PR CE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    PR QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    RI CE 14 14 Classroom Classroom 04/17/2024 04/11/2027 REA.0002189-CE
    RI QE 15 14 1 Classroom Classroom 04/17/2024 04/11/2027 REA.0002189-CE
    SC QE 15 14 1 Classroom Classroom 09/01/2022 08/31/2024 AS.1QE9
    SD CE 15 14 1 Classroom Classroom 05/30/2021 06/15/2025 SD 1581 CE
    SD QE 15 14 1 Classroom Classroom 06/15/2022 06/15/2025 SD 394
    TN CE 14 14 Classroom Classroom 04/01/2024 03/31/2026 975
    TN QE 15 14 1 Classroom Classroom 04/01/2024 03/31/2026 975
    TX CE 14 14 Classroom Classroom 11/01/2023 05/31/2025 TX Provider #:10 Course #:34369
    TX CE 15 14 1 Classroom Classroom 04/16/2024 05/31/2025 TX Provider #:10 Course #:46668
    TX QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 TX Provider #: 8038 Course #: 49336
    UT CE 14 14 Classroom Classroom 10/01/2022 09/30/2024 AC220908
    UT QE 15 14 1 Classroom Classroom 10/01/2022 09/30/2024 AQ220915
    VA CE 15 14 1 Classroom Classroom 09/18/2007 04/10/2027 88587
    VT CE 15 14 1 Classroom Classroom 11/27/2023 11/29/2027
    VT QE 15 14 1 Classroom Classroom 02/28/2024 11/29/2027
    WI CE 15 14 1 Classroom Classroom 01/01/2006 04/10/2027 88587
    WI QE 15 14 1 Classroom Classroom 04/16/2024 04/10/2027 88587
    WV CE 15 14 1 Classroom Classroom 04/23/2024 04/23/2027
    WV QE 15 14 1 Classroom Classroom 04/23/2024 04/23/2027
    WY CE 15 14 1 Classroom Classroom 06/11/2024 06/11/2027
    WY QE 15 14 1 Classroom Classroom 06/11/2024 06/11/2027
    Course Objectives
    • Identify and document pertinent information from the market for neighborhood/market analysis.
    • Identify a preliminary highest and best use and support the preliminary conclusions after cumulative analysis.
    • Support cost estimates through extraction; reconcile a cost per square foot; and determine physical deterioration by the age/life method and the breakdown method.
    • Derive and reconcile a GRM, market rent, and support for adjustments through the income capitalization approach.
    • Complete paired sales analysis for specific elements and provide support for adjustments.
    • Reconsider your preliminary highest and best use and provide additional support and rationale for the conclusions.
    • Reconcile a final opinion of value for the subject property.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:

    Yes. Please CLICK HERE to download the REQUIRED files BEFORE the course begins for important tips and tools. 
     
    To ensure success in this course, it is important that you watch a short preclass video, which details the unique expectations not only for this course/package, but also the preclass assignment as well.
     

    Equipment:

    • A laptop computer is required with a flash drive and Microsoft Word and Excel OR form software with AI Reports® Form 100, Summary Appraisal Report • Residential, installed OR other word processing/spreadsheet program AND Adobe Acrobat Reader software for converting files to PDFs.
    • 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: Financial Calculator Practice Exercises.Formulas, Symbols, Math Review, and Sample Problems; and 
    • 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:

    Course Materials Include:
    • Course Handbook (241 pp.)
    • Case Study Booklet (52 pp.)
    • Reference Guide (56 pp.)
    • Downloads (1.62 KB)
    Please CLICK HERE to download the REQUIRED files BEFORE the course begins for important tips and tools.

    To ensure success in this course, it is important that you watch a short preclass video, which details the unique expectations not only for this course/package, but also the preclass assignment as well.
     
    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.
     

    Requirements:
    None specified
     

    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute November 12-15, 2024 Synchronous View Details Register