Location: Virtual Classroom, CA
- Northern California Chapter
- Ms. Estes
- It's a Virtual Offering
- Participate from Where it is Convenient for You
Virtual Classroom, CA
- Lisa M. Estes
- DeWeese, Gary
READ through all the information listed below before selecting the "Register Now" button for details on timing, required equipment, virtual and out-of-state CE approvals, etc.
Click link below to view additional offerings sponsored by the Northern California Chapter
2020 Calendar of Events
It is the student's responsibility to have the required equipment: Internet Access, Computer with Webcam, Microphone and Speakers. The instructor / monitor must be able to see / view students throughout the offering and the students must be able to view the instructor and / or the instructor's presentation. [Many laptops have the webcam and microphones built in.]
IMPORTANT: If you are seeking credit for this offering from a state outside of California, check with your state licensing board(s) - before registering - to make sure that they will (1) accept virtual classroom credit, (2) accept from an out-of-state provider. and / or (3) offer reciprocal CEC with the California BREA.
About this Seminar
EXTREME APPRAISING: Valuing CRE in a Down Market
Given the possibility of declines in the value of commercial real estate (CRE) as a result of COVID-19, this seminar will address critical issues, often misunderstood even by experienced commercial appraisers, in valuing property in a declining market. Instruction is based on a hypothetical case study property, a multi-tenant office building. The primary focus of the case study is to value the property “as is” and “when stabilized”, using all three valuation approaches under circumstances dealing with vacancy, external obsolescence. We will also explore issues surrounding lease negotiations / renegotiations, property rights adjustments and effective rent.
- Overview of the Case Study
- Purpose and Summary of the Market Analysis
- Addressing Above-Market Lease with a Property Rights Adjustment
- Valuing the Property "As Is" Taking Into Account the Rent Up Adjustment and External Obsolescence
- Measuring Effective Rent for a Lease with Concessions - Valuing the Property “When Stabilized” Taking into Account “External Obsolescence”
- Reconciliation and Wrap-up
Written cancellations received by Monday, August 31, are subject to a $35 cancellation fee. Cancellations received after that time but prior to noon on Monday, September 7, are subject to a $50 cancellation fee. No refunds for cancellations received after Monday, September 7 or for seminar "no shows". Cancellations can be emailed to firstname.lastname@example.org.
Seminar Materials and Hours
Online check-in will begin at 8:00am. on Monday, September 14. Instruction will run from 8:30am – 4:30pm (Pacific Time) and will be conducted using ZOOM as the interactive learning platform. There is no exam associated with this CE offering. Mini-breaks and a Lunch Break will be scheduled during the day. Materials (if applicable) will be available for download via a special link sent from the Northern California Chapter Office; these materials are not available in your Appraisal Institute My Account portal. By registering for this offering, you agree that your attendance may be monitored and/or recorded and that you will forward your DL/ photo ID to the Northern California Chapter in advance via email.
Photo ID Required
After registering please send a copy of your Driver's License or Photo ID to email@example.com. Feel free to cover all personal information with the exception of your photo and name. Quick tip: Cover this information with cut to size post-it notes before taking a photo with your phone or scanning. Without receiving this information, registrants will not be sent the ZOOM log-in link. In the subject line type "DL - [enter your last name] - Extreme Sept 2020" before submitting. ID's should be emailed immediately following submission of your registration.
Required Texts / Materials
There are no additional required texts or materials for this offering other than the seminar materials referenced above.
Those relying on downloadable materials, are strongly encouraged to pre-download these documents or perhaps view them on a secondary devise during the virtual presentation.
This class will be held via Interactive Technology (ZOOM). It is the student's responsibility to have the required equipment:
- Internet access
- Computer with webcam, speakers and microphone (many laptops have these features built-in)
Some registrants may find a secondary device (ipad, phone, laptop or desktop computer) helpful during instruction for reviewing the seminar materials.
New to ZOOM?
If you are new to ZOOM or need a little refresher, take their FREE tutorial How to Join a ZOOM Meeting. It will give you the confidence to successfully navigate this virtual presentation.
Education Credit Hours and Attendance Verifications
Those who check into the interactive platform late, leave early or leave during non-scheduled breaks may jeopardize receipt of credit. Webcams must remain on throughout the offering.
Appraisal Institute: Full attendance (100%) enables Designated Members and Practicing Affiliates to receive 35 AI CEC points.
BREA Continuing: Extreme Appraising has been approved by the California BREA for 7-hours of CEC (#20CP754601451). Licensed/certified appraisers seeking BREA CEC must meet the 100% attendance requirement. [Note: This particular offering is based on the "live" version that falls under the temporary exemption for virtual / online education due to COVID / SIP restrictions.]
BREA Basic/Qualifying: Extreme Appraising is not approved for BREA qualifying education (QE) credit.
State Board of Equilization: Extreme Appraising is approved for 7-hour of SBE training credit (CAR #101988) for property tax assessors.
If you are seeking credit for this offering from a state outside of California, check with your state licensing board(s) to make sure an out-of-state virtual offering will be accepted before registering. We are not submitting this offering for pre-approval from states outside of California.
NEW! Attendance Verification Process Effective 10/01/19
Registrants should be sure their appraiser license/certification numbers are entered in the registration system or a certificate will not be generated. License numbers are listed under Profile in your Student Portal or can be added as “Other” License.
Verified attendance certificates will be available within 15 working days by
- Logging into My Account www.appraisalinstitute.org
- Select EDUCATION
- Click on the specific offering that you are seeking the certificate for; it will show REGISTERED
- Scroll to the very bottom of the screen to RETRIEVE CERTIFICATE
Note: Effective 10/01/19 students will be able to access their attendance certificates 24/7 through the Appraisal Institute's netFORUM association management program. The Northern California Chapter does not have direct access to certificates for programs held after this time. Any issues in retrieving certificates should be brought directly to the attention of the Appraisal Institute's Education Delivery Department at 312/335-4207 or firstname.lastname@example.org
Important Information about SBE Certificates: netFORUM is not currently able to generate SBE certificates for Assessors. Therefore SBE certificates will be manually generated and emailed from the Northern California Chapter.
All confirmed registrants will receive a payment receipt plus a separate confirmation by email. Be sure that you can accept emails from each of the following email addresses:
In addition, ZOOM and other important details regarding logging into the seminar will be sent separately from one of these emails above.
Questions? Contact Us
Northern California Chapter
Cancellation Policy: Written cancellations can be emailed to email@example.com. We reserve the right to substitute instructors, or to cancel or modify this program if sufficient registrations are not received by August 31 or due to other circumstances beyond our control. In the event of cancellation, tuition fees will be refunded. All other costs incurred are the registrant’s responsibility.
Special Accommodations: Special accommodations are available for individuals who have been professionally diagnosed as physically or learning disabled and can provide appropriate documentation in writing prior to the offering. Without advanced notification, accommodation may not be available.
Lost or Damaged Items: The Appraisal Institute is not liable for lost or damaged items. This includes but is not limited to calculators, laptops, cell phones, etc.
Communications: By registering for this event, you agree that your communications may be monitored or recorded at any time and that your contact information may be placed in a roster designed for networking purposes. We reserve the right to switch or change the virtual learning (zoom, Go2, etc.) platform selected for this offering based on program logistics
Questions? Contact the Northern California Chapter: The Northern California Chapter is the local sponsor of this virtual education event. We can be reached at firstname.lastname@example.org or by calling 925/932-7753.
This Educational Program (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. Please note that not all states have approved Virtual education, therefore, registrants must check their individual states for approval before registering for the program. Before registering for the program, registrants understand and agree that continuing education credit for this program may not be available in their state on the date of the program. The Appraisal Institute is not responsible if credit is not available for the program in individual states. State exceptions for virtual education may expire prior to the offering date.
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.
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.
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.