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Appraisal Institute Education

Residential Sales Comparison and Income Approaches | Program Details

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.

Program Overview
Table of Contents and Overview [PDF]
Course Schedule [PDF]

Recommended Text
The Dictionary of Real Estate Appraisal, 4th ed.
Appraising Residential Properties, 4th ed.
The Appraisal of Real Estate, 13th ed.

Ordering Information
To order books and other materials go to
our store

Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.

Required Equipment

  • HP12C calculator
  • You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator.
  • Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems; and Financial Calculator Practice Exercises
  • For additional help with the HP12C calculator, take our online seminar, Using Your HP12C Financial Calculator.
  • Laptops NOT REQUIRED

  • Appraisal Institute Credit Hours
    30 (including 2 hour exam)

    Prerequisites
    Successful completion of Basic Appraisal Principles, Basic Appraisal Procedures, and National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour, or equivalent courses is required.

    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
    Beginning appraisers seeking residential licensing and/or certification and residential appraisers who would like to review the skills needed to complete the sales comparison and income capitalization approaches of the valuation process

    Click here for state approvals


    Class Schedule & Locations

    12/15/2009 - 12/18/2009
    Location: Midlothian, VA
    Click here for location details
    Sponsor: Virginia Commonwealth
    Contact: Karie Walker, (804) 377-0940
    Instructor: Borges II, Richard L., MAI, SRA
    Register


    03/01/2010 - 03/04/2010
    Location: Chicago, IL
    Click here for location details
    Sponsor: Chicago
    Contact: Kate Fulford, (312) 616-9405
    Instructor: Slucter, Kern G., MAI, SRA & Pending, Instructor
    Register


    03/22/2010 - 03/25/2010
    Location: Indianapolis, IN
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    Sponsor: Hoosier State
    Contact: Shannon O'Keefe, (317) 815-1340
    Instructor: Freitag, Mark R., SRA
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    05/05/2010 - 05/08/2010
    Location: Plano, TX
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    Sponsor: North Texas
    Contact: Ruth Kelton, (972) 233-2244
    Instructor: Jacobs, James Edward, SRA & Pending, Instructor


    05/24/2010 - 05/27/2010
    Location: Rancho Cucamonga, CA
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    Sponsor: Southern California
    Contact: Zouka Rosen, (818) 957-5111x21
    Instructor: Chirpich, Carol L., SRA & Pending, Instructor
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    07/12/2010 - 07/15/2010
    Location: San Diego, CA
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    Sponsor: San Diego
    Contact: Patti Kreutzer, (858) 292-7324
    Instructor: Chirpich, Carol L., SRA
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    09/22/2010 - 09/25/2010
    Location: Plano, TX
    Click here for location details
    Sponsor: North Texas
    Contact: Ruth Kelton, (972) 233-2244
    Instructor: Naeter, George N., MAI & Pending, Instructor


    10/18/2010 - 10/21/2010
    Location: Chicago, IL
    Click here for location details
    Sponsor: Chicago
    Contact: Kate Fulford, (312) 616-9405
    Instructor: Spence, William D. Otto, MAI
    Register