Advanced Residential Applications & Case Studies / Part 1

Instructor: Mark Smeltzer, MAI, SRA, AI-RRS

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This two-day course meets AQB criteria. In Part 1 of a two-part course package, you will apply appraisal techniques to solve a complex residential case study appraisal assignment. You will put your knowledge of terminology, concepts, procedures, and methods to the test as you demonstrate competence in the areas of appraisal analysis learned in previous courses. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as advanced residential applications and case studies. Individuals who are seeking the Appraisal Institute SRA designation can take this course and Advanced Residential Report Writing/Part 2 as an alternative to completing the Residential Demonstration Report requirement.

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.
• To use this course package as an alternative to the Residential Demonstration Report, you must register for Part 1 and Part 2 as back-to-back offerings at the same location. It is not permissible to take Part 2 for the Residential Demonstration Report alternative at a later time, nor is it permissible to register for Part 2 unless it is taken immediately after Part 1 at the same location.
• Course materials will be mailed 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 and begin the required preparations.
• For this course, case study solutions are not distributed at the end of class.

Please CLICK HERE to download the REQUIRED files BEFORE the course begins for important tips and tools.

Program Overview
• Table of Contents and Overview (PDF)
• Course Schedule (PDF)

Recommended Text
• Appraising Residential Properties, 4th ed.
• The Appraisal of Real Estate, 14th ed.
• The Dictionary of Real Estate Appraisal, 6th ed.

Ordering Information
To order books and other materials go to
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Required
• A financial calculator is required. The accepted model used in the course is the HP-12C. Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
• Laptop
• Flash Drive
• Software: Word & Excel OR Form software with AI Reports® Form 100, Summary Appraisal Report • Residential installed OR other word processor and spreadsheet AND Adobe software for converting files to PDFs

AI CE Credit for Designated Members and Practicing Affiliates
• Attend Only = 175 points (residential) or 150 points (general)
• Attend and Pass = 225 points (residential) or 200 points (general)

Prerequisites
Required:
• Basic Appraisal Principles
• Basic Appraisal Procedures
• National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
• Residential Market Analysis and Highest & Best Use
• Residential Site Valuation and Cost Approach
• Residential Sales Comparison and Income Approaches
• Residential Report Writing and Case Studies
• Real Estate Finance, Statistics, and Valuation Modeling

Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

Who Should Enroll
Appraisers seeking residential certification with experience and understanding of the fundamental concepts of appraising

Location
Residence Inn
1025 E 35th Ave
Anchorage, AK 99508

Schedule
Registration: 8:00 AM – 8:30 AM
Class: 8:30 AM – 4:30 PM

Register
If you need to pay by check or are a government employee and will need an invoice or other considerations, contact the chapter office at (206) 622-8425.

Tuition
$400.00 Appraisal Institute Member
$500.00 Non-member
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