Online Residential Sales Comparison and Income Approaches
Tracking # 20-1179846
$465.00
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Learn more Educator APPRAISAL INSTITUTE
CE Broker Reporting Reported automatically
Method Computer-Based Training
Course overview
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.
Subject areas
This course counts toward the state boards and subject areas below.
Michigan Board of Real Estate Appraisers
Real Estate Appraiser - Certified General
30h
Qualifying Education
Real Estate Appraiser - Certified Residential
30h
Qualifying Education
Real Estate Appraiser - Limited
30h
Qualifying Education
Real Estate Appraiser - State Licensed
30h
Qualifying Education
New Hampshire Real Estate Appraisers Board
Apprentice Appraiser
30h
General
Certified Residential Appraiser
30h
General
Licensed Residential Appraiser
30h
General
Disclosure statements
- 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.