Login/Program Access: 8:30 am – 9:00 am EST
Classroom Hours: 9:00 am – 5:00 pm EST
Instructor: Randall Bell, PhD, MAI or Michael Tachovsky, PhD
Enrolled students will receive a unique link to join the virtual class
Complex Valuation is a new course developed to give appraisers the skills to value both detrimental and beneficial conditions. The field of “complex valuation” involves the real estate characteristics that are “atypical.” (Federal Regulations Part 34.42.).
Many, if not most, valuation assignments involve a straightforward application of the cost, income and sales comparison approaches to value. However, frequently complex issues arise that involve either beneficial or detrimental conditions that can influence the value of real estate. For example, beneficial conditions might result in an increase in value, such as discovering minerals or oil on grazing land. Detrimental conditions could result in a diminution in value, such as natural disasters or environmental contamination.
As real estate appraisers, understanding these complexities helps in developing a credible opinion of value in these types of assignments. Although many complex issues are addressed throughout appraisal literature and coursework, they are not presented as a single framework. The purpose of the Complex Valuation course is to provide real estate appraisers with a comprehensive understanding of the topic and focus on these various property conditions and the valuation methodologies to address them. Instructors present with a comprehensive PowerPoint presentation.
CE Credit:
Credit Hours: 7 hours (35 AI Points) . This program is approved by the Appraisal Institute, MA, ME and RI. Applications have been submitted to MA and ME. There will be no credit for other states.
One hundred percent (100%) attendance is required for all Appraisal Institute education programs. Credit and a course completion certificate can only be issued by attending 100% of the course. Please plan accordingly and be on time as late arrival or leaving early could jeopardize your receiving a certificate of attendance.
Livestream Classroom Guidelines:
- Students must have a computer, webcam and microphone capabilities to participate and receive continuing education credit.
- The instructor must be able to physically see and interact with all students and students must be able to interact with the instructor.
- A copy of your driver’s license must be emailed to the Chapter Office as verification after you have registered and prior to the start date.
- You will receive a separate email from the chapter office with log-in access information.
- You do not need to have a paid Zoom account. We do recommend that if you have not previously Zoomed, you go to https://zoom.us/ to download their app, and test your camera and audio connections.