Another View of the Tough One: Sales Comparison Approach for Mixed-Use Properties

Date: June 2, 2021

Location: Virtual, NY


Sponsor:
Mid-Hudson Chapter
Contact:
Ms. Molinas
Email:
midhudsonai@yahoo.com
Website:
http://www.midhudsonai.org/
Name:
Virtual Class
Address:
Virtual Class
Virtual, NY
Speakers:
Dowling, MAI, MRICS, SRA, M.Ed., Vincent

AI Price: $85.00
Full Price: $95.00

Notes

This Seminar is approved with New York State for 4 hours of CE

This is a 4 hour class - Class Schedule:

Login and Roll Call: 12:00 pm - 12:30 pm - Class Instruction: 12:30 pm – 4:30 pm

Attendance Requirements: • Attendance will be monitored throughout the day. • Students are required to hold up photo ID at roll call, if requested. • Students are required to be visible on the virtual platform during the entire class – 100% attendance policy applies.


Objectives of this seminar: This program focuses on developing and communicating credible sales comparison analysis and its conclusion. Mixed use properties are a segment of the marketplace which is often under served and offers unique challenges to real estate practitioners. These properties are found in many areas, especially in older established communities throughout the State of New York. Mixed-use properties contain two or more uses within the building envelope.

 

This program will help attendees prepare a comparison analysis that results in credible assignment results and at the same time meet USPAP minimum requirements. The seminar will encourage practitioners to exceed the USPAP minimum requirements and apply appraisal theory that has been peer tested and industry approved.

 

The Sales Comparison Approach is most relevant for owner-occupied properties but is also a test of reasonableness for the results of an income analysis for small mixed use properties. The program will stress why a meaningful understanding and description of the Subject and a meaningful analysis of its market are essential to lead to a supportable Subject capture rate.  


Cancellation Policy

Cancellation Policy: 

Up To 15 days prior to program start date, refund in full. 8 - 14 days prior to program start date, $35.00 cancellation fee. 7 days prior to program start date, forfeit of payment. All cancellation requests must be submitted in writing. We reserve the right to cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.

Additional Information

THIS CLASS WILL BE HELD VIA VIRTUAL INTERACTIVE CLASSROOM TECHNOLOGY. STUDENTS ARE REQUIRED TO HAVE A COMPUTER, WEBCAM AND MICROPHONE. IT IS THE STUDENT'S RESPONSIBILITY TO HAVE THE REQUIRED EQUIPMENT TO PARTICIPATE AND RECEIVE CREDIT. Virtual Classroom Guidelines: Students must have a computer, webcam and microphone capability to participate and receive continuing education credit. If you have a Lenovo laptop, you must have the Lenovo Vantage App installed on your computer for the webcam to operate. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able to see and interact with the instructor. A copy of your driver's license must be emailed to the Chapter office as verification after you have registered for the offering prior to the start date. You will receive a separate email from the chapter office with log-in access information. Please contact the chapter office if you have any questions regarding the participation guidelines at: midhudsonai@yahoo.com ZOOM access link will be emailed to student prior to the offering in separate email from registration confirmation. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone please download the ZOOM app prior to offering. Please check your webcam privacy settings on your computer.

Disclaimer Information

CONTINUING EDUCATION CREDIT:

Four (4) hours of Continuing education credit for this program has been approved by the Appraisal Institute(20 AI points) and Four (4) hours of CE with NYS is pending.

This is a virtual class. Registration is on a first-come, first-serve basis. Class size is limited due to the virtual format. State CE Credit: This is a virtual class and is only approved for credit with the New York State Board of Real Estate Appraisers. For other states, you should determine current education approval and requirements.

National Disclaimer

This Educational Program was developed by an outside party. The Appraisal Institute Chapter made arrangements for the Third-Party to offer the Program with the intent of addressing topic(s) based on a certain chapter or local need for such topic, solely educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program and does not endorse the Program or its content.

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 Appraisal Institute does not publish examination review materials. 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.

State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.