Impact of Short-Term Rentals on Real Estate Valuations

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Notes

Seminar Description:  The sharing economy is impacting our global economy and continues to evolve. Part of that 21st Century sharing economy is short‐term residential rentals (STR’s). More and more often, appraisers are having to value these assets for various purposes, which poses a challenge from a valuation perspective, mainly in the area of highest and best use. 

Short‐Term Rentals and the Impact on Valuations is a seminar designed to educate appraisers about the global short‐term rental market, improve the awareness of appraisers about the impact of short‐term rental units on the market, and discuss best practices to value properties that are part‐time or full‐time short‐term rentals.

Cancellation Policy

Cancellation Policy:

- Up to 15 days prior to program start date, $25.00 cancellation fee. 

- 7-14 days prior to program start date, $50.00 cancellation fee.

- Less than 7 days prior to program start date, forfeit of payment.   

Additional Information

SCHEDULE:

August 10, 2023 (Central Time Zone)

ZOOM Meeting Opens: 7:30 a.m. central time

Class Begins: 8:00 a.m. central time

End Time: 3:30 p.m. central time

ATTENDANCE POLICY:

• To receive AI and State credit, 100% attendance is required for all Appraisal Institute education programs.

• attendance will be monitored throughout the day, via webcam

• students are required to be visible on the virtual platform during the entirety of class time

• students are required to be in front of the camera with the camera in the on position (100% of the time)

Participants must:

·        have a computer (or tablet or smartphone) with a webcam and microphone (or dial in via phone) 

·        have internet access 

·        be able to scan a copy of a photo ID to myra@tnappraiser.org before class.

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.