AI North Texas Education Schedule RSS Channel

Business Practices and Ethics Course, 02/23/2012

Course date(s): 02/23/2012

This course addresses topics that were not included in the older version such as International Standards, diversity, and Regulation No. 5. The examples and case studies address real-life, up-to-date matters such as mortgage fraud and advocacy. The course contains relevant and much-needed information for members.

The content emphasizes which standards apply to Appraisal Institute members and when they apply the key principles of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute how to identify and avoid behavior that violates the Code of Professional Ethics the correct way for Associate and Designated Members to use the Appraisal Institute's designations, emblems, and logo how the Appraisal Institute's enforcement process works and what it means to an individual member the importance of diversity as business strategy business practices that are unacceptable in a customer service industry such as appraisal practice and ways to avoid unacceptable practices.

NOTE: Due to some content specific to the Appraisal institute, the AQB has approved this course for 5 hours of CE. Check with your state for approved credit hours. Appraisal Institute members will receive 7 hours of A.I. credit.

7-hour National USPAP Update Course, 02/24/2012

Course date(s): 02/24/2012

This one-day update course, copyrighted by The Appraisal Foundation, focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. The course, which clarifies several commonly misunderstood aspects of USPAP, will aid appraisers in all areas of appraisal practice seeking updated competency in USPAP, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers. NOTE: An appraiser must successfully complete the 7-hour USPAP Update Course every two years to meet the USPAP continuing education requirement. The appraiser can take the 15-hour USPAP course, but it will only count for hours toward his or her state's continuing education requirement; the 15-hour program will not meet the USPAP continuing education requirement. Course price does not include a copy of the 2010-2011 USPAP, which is required for course credit. Attendees must bring their own copy of the 2010-2011 USPAP to class. To purchase a copy from The Appraisal Foundation, go to this link: https://netforum.avectra.com/eweb/Shopping/Shopping.aspx?Cart=0&Site=taf

General Appraiser Sales Comparison Approach, 03/26-03/29/2012

Course date(s): 03/26-03/29/2012

General Appraiser Sales Comparison Approach is an in-depth look at this valuation analysis method. It begins with detailed discussions of property comparability, techniques used to gather and verify data for a subject property, and use of this data in selecting appropriate comparable properties and neighborhoods for analysis in the approach. The course explores ways to sort and analyze data and effectively apply certain statistical analysis tools. Quantitative and qualitative analysis of comparable sales using units and elements of comparison is approached through extensive practice problems, case studies, and lecture.

Fundamentals of Separating Real and Personal Property from Intangible Business Assets, 03/29-03/30/2012

Course date(s): 03/29-03/30/2012

This course provides the theoretical and analytical framework for separating the tangible and intangible assets of operating properties. Through discussion, lecture, readings, and case studies, participants will apply the theory of the firm and the concept of economic profit to the solution of problems related to ad valorem taxation, eminent domain, loan underwriting, and transaction price allocation. An overview of business valuation procedures and a clarification of real estate and business valuation terminology will be provided. Finally, participants will learn about allocating real estate, personal property, and intangible asset values.

General Appraiser Site Valuation and Cost Approach, 03/30-04/02/2012

Course date(s): 03/30-04/02/2012

General Appraiser Site Valuation and Cost Approach is a practical, hands-on course that concerns two basic aspects of real estate appraisal: land/site valuation and the development of the cost approach. Extensive use of problems and case studies will give you practice in applying site valuation and cost approach methods. By successfully completing the course and exam, you will have met most states� education requirements in the content area identified as general appraiser site valuation and cost approach.

Subdivision Valuation Seminar, 04/20/2012

Course date(s): 04/20/2012

Valuing subdivisions offer appraisers unique challenges. This new seminar provides a complete look at subdivision valuation methodology as it relates to valuing improved subdivisions. Appraisers who provide opinions of value for proposed subdivisions or a group of existing lots of units will find this seminar a valuable source of reference and ideas. Students will come away with techniques appraisers need to value a group of lots or units that must be marketed over a period of time. Comprehensive examples are provided to explain how line item profit and discount rate selection are handled in conjunction with discounted cash flow analysis. Ample time is given to typical problems encountered by appraisers in specific valuation scenarios.

Advanced Market Analysis and Highest & Best Use, 04/30-05/04/2012

Course date(s): 04/30-05/04/2012

The 35-hour Advanced Market Analysis and Highest & Best Use course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 30 hours of traditional classroom education and wraps up with a three-hour exam on the fifth morning. The pre-class online session will be available 28 days before the traditional classroom sessions begin. Note. A diagnostic test must be passed to take any of the new advanced education courses. See below for more information. Sample Schedule Online session available 28 days before classroom session begins Diagnostic test "Pass" grade 14 days before classroom session begins Registration for the course ends 14 days before classroom session begins Online session ends 7 days before classroom session begins Classroom sessions begin Classroom sessions end Exam Course Description Combining the analytical processes of market analysis, highest and best use, and income valuation, this course is intended for those who have taken and passed the General Appraiser Market Analysis and Highest & Best Use course and have a thorough understanding of the mathematical and financial principles necessary to perform appraisals of income-producing properties. Building on the Level B marketability studies that were applied in General Appraiser Market Analysis and Highest & Best Use, you will perform Level C marketability studies using fundamental demand analysis and study several real estate markets in a fictional city. The economic base of the community is explored, and it is used as the subject and example for both physical and economic forces that affect all communities and consequently all real estate. The remainder of the course consists of four case studies (apartment and condominium conversion, retail, industrial, and land with potential for mixed-use development) that are intended to demonstrate both the power of fundamental market analysis and its application to highest and best use decisions. Important Notes Diagnostic Test Prerequisite. The four new advanced education courses that begin premiering in 2010 require participants to pass a diagnostic test. This test demonstrates a participant�s skill level in working with spreadsheets. Once you have passed the test, you will be able to register for any of the four advanced courses (Advanced Income Capitalization, Advanced Market Analysis and Highest & Best Use, Advanced Concepts & Case Studies, and Quantitative Analysis). Please note that Quantitative Analysis is not available yet. The diagnostic test must be completed successfully 14 days before the classroom component begins. Click here to register for the diagnostic test. For frequently asked questions, click here. Online Session. The first part of the course is taken online, and it will be available 28 days before the traditional classroom sessions begin. The online session should take two hours to complete. It is mandatory that this session be completed. The first two hours introduce you to and prepare you for the traditional classroom sessions that follow. The online session must be completed 7 days before the start date of the classroom sessions. If it is not completed, you will not receive credit for or pass the course. *Note: General Associate members who pass the Appraisal Institute General Appraiser Market Analysis and Highest & Best Use exam prior to June 1, 2011 will receive equivalency credit for the new Advanced Market Analysis and Highest & Best Use exam for their MAI advanced education requirements. After June 1, 2011 general Associate members who have not previously received equivalency credit will be required to pass the new Advanced Market Analysis and Highest & Best Use exam instead. Please contact admissions@appraisalinstitute.org or call (312) 335-4111 if you have questions.

General Appraiser Income Approach, Part 1, 05/16-05/19/2012

Course date(s): 05/16-05/19/2012

After a brief review and introduction, General Appraiser Income Approach/Part 1 opens with a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. A thorough, detailed analysis of gross income including leases and the various expenses appropriately deducted from gross income follows, with realistic case studies of several income property types. Direct capitalization is then presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the taught concepts to prepare participant for the exam.

General Appraiser Income Approach, Part 2, 05/21-05/24/2012

Course date(s): 05/21-05/24/2012

After a diagnostic quiz on the six financial functions of one and a brief review, General Appraiser Income Approach/Part 2 opens with a thorough treatment of discounted cash flow (DCF) analysis. Topics include identifying components of a DCF, projecting cash flows, analyzing leases, solving for value in a variety of common situations, and supporting the discount rate. The effects of debt financing including cash equivalence and equity analysis are covered in detail. Income patterns and property models including residual and other applications are followed by selecting and supporting the discount rate. Also presented are the strengths and weaknesses of direct and yield capitalization. The final section reviews and summarizes the mathematical concepts involved with income capitalization and prepares the participant for not only the course exam but also the certification exam.