Becoming Proficient in Fractional Interest Valuation

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APPROVED: 7 HRS of BREA CE 

ABSTRACT

This seminar is about real breakthroughs in fractional interest valuation, as well as fundamental keys to successful multidisciplinary valuation assignments. It offers the appraisers who have a foundation in the income approach everything they need to understand, communicate and execute fractional interest valuations, gain their client’s trust and emphasize their objective judgment, thereby proving their worth against the coming threats of AI and AVMs. The keys and resources you need to accomplish this are available to you in this eye-opening 7½-hour seminar.

·         Part 1 takes on the understandable threats of artificial intelligence and automated valuation models for the valuation professions. What is the one thing that sets us apart from the machines? How can we make the case for the worth of qualified appraisers? We will share views from the field…and what a machine designer has discovered.

Learning objectives

1.    Become clear about what we are facing.

2.    Recognize what we do that is indispensable.

3.    Find ways to promote public awareness of our worth.

·         Part 2 shows you how intangible benefits create shared ownership in the first place, and how understanding those benefits will allow you to help your clients with buyouts and other market demands. It also sheds a great deal of light on analyzing fractional interest transactions, and will prepare you to deal with the current trend toward
“tokenizing” real estate.

Learning objectives

1.    Become familiar with the lifecycle of fractional interest holdings.

2.    Recognize intangible benefits that have major effects on value.

3.    Assist client with partner and inter-generational buyouts.

4.    Recognize analytical challenges presented by fractional interest markets.

·         Part 3 demonstrates PrimusPVX online software that values fractional interests. The software’s dashboard guides the user through a carefully organized checklist of all of the facts and circumstances that are likely to be important for the holder of a fractional interest in real estate. It’s algorithm completely eliminates the need to build valuation models, while providing instant results for all input changes.

The result is that the valuer is free to focus entirely on the right questions to ask in all required valuation “languages,” and apply their judgment exactly where it matters in the valuation process.

Learning objectives

1.    Learn to ask the right questions, regardless of your disciplinary expertise.

2.    Incorporate the facts and circumstances of the case in your story of value.

3.    Discover how you can fit the scope of your work to your client’s needs.

4.    Become proficient in fractional interest valuation.

Attendees will have everything necessary to add fractional interest valuation to their real property practice, or to support their existing valuation practice with essential fact checklists and supplemental models.

Cancellation Policy

Up To 15 days prior to program start date, $50.00 cancellation fee.

2 - 14 days prior to program start date, $100.00 cancellation fee.

Less than 2 days prior to program start date, forfeit of payment.

Additional Information

CHECK IN AT 7:30 AM

CLASS STARTS AT 8:00 AM

NO BREAKFAST OR REFRESHMENTS WILL BE SERVED.

LUNCH IS INCLUDED

PARKING: FREE

TEMPERATURES IN CLASS ROOMS VARY. PLEASE DRESS ACCORDINGLY.

Disclaimer Information

ENROLLMENT

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.