General Demonstration Report-Capstone Program

Description

The General Demonstration Report—Capstone Program is an additional option Candidates may choose to complete the demonstration of knowledge requirement for MAI Designated membership. Like the traditional demonstration appraisal report option, the same skills and knowledge base are required to produce a complete demonstration appraisal report. However, this program was designed to offer an option that accelerates the completion of the report. Instead of selecting and compiling data on a property, participants are provided with a subject property and data to analyze and then write the report in a limited time span of approximately two months. Participants are required to attend two webinars. The first webinar is typically scheduled three weeks after the release of materials. There will be a five-and-a-half day on-site session (attendance is optional), where facilitators will be on hand to answer questions and offer guidance. On day seven at noon, the full report must be submitted for grading. No exceptions.

The program is designed to be completed in approximately two months; therefore, participants must realize they will need to commit a considerable amount of that time on analysis and writing tasks PRIOR to the on-site session. One writing assignment (fundamental market analysis) is required before the second webinar. It is important that participants understand they will need to spend a minimum of 175 to 250 hours to successfully complete this program. And during the five-and-a-half day on-site session, participants should expect to work on their reports after the seven-hour days spent on-site with facilitators. Ten to 12 hours a day that week will not be unusual.

Because of the nature of this program, NO REFUNDS or TIME EXTENSIONS will be granted.

Days 1-21 Download materials, begin review of materials

Day 22 WEBINAR #1: Introduction to program & Intro to Fundamental Market Analysis

Days 23-38 Complete Assignment: FMA

Day 39 Assignment due

Day 47 WEBINAR #2: Feedback on Fundamental Market Analysis

Days 48-66 Continue working on other parts of the report up to HBU

Days 67-73 CLASSROOM/SYNCH SESSION

Day 73 General demonstration report due

Sponsor Date Location Delivery Format Check
State Approvals
 
Appraisal Institute September 12-18, 2022 Synchronous  Check Register
Appraisal Institute November 14-20, 2022 Synchronous  Check Register
Appraisal Institute November 14-20, 2022 Ft. Lauderdale, FL Classroom  Check Register

Who should Enroll

Candidates for Designation working toward an MAI designation. 
 
NOTE: Candidates are prohibited from enrolling in the same Capstone case study, whether or not an appraisal report was completed and submitted. If you have registered for Capstone in the past, please contact frosenstein@appraisalinstitute.org to find out which offerings you are eligible for.  

Objectives

  • Test ability to analyze the necessary data properly, support conclusions, and write an appraisal report providing analysis and conclusions that will lead the reader to concur with the opinion of value.
  • Demonstrate critical thinking and technical expertise.
  • Demonstrate the ability to interpret real-world market knowledge.
  • Present a consistent theme throughout the entire report.
  • Support and defend your analysis.
  • Communicate effectively and consistently.
  • Demonstrate knowledge of valuation methods and analytical techniques.

Prerequisites


Exam

No Exam

Level

Advanced

Appraisal Institute CE Points

Attend: 0 AI Points

Class Time

No education hours

Assignments

Yes. The Fundamental Market Analysis assignment is required and will be due after the first pre-webinar. View the section Fundamental Market Analysis Submission in The Official Guide to the Demonstration of Knowledge Requirement: General.

Program Overview


Required and/or Recommended Equipment

  • A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
  • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
  • For more information and a free review, click here.
  • HP-12C calculator User’s Manual.

System Requirements

Live Online FAQ

Online FAQ

  • A laptop computer is required.
  • Word processing and spreadsheet software must be installed and operational.
  • Google Earth and Google Maps software. This free software program can be downloaded from www.google.com. It allows you to view satellite imagery, maps, terrain, 3-D buildings, and more. 

Additional Information

Classroom & Synchronous

Participant Deliverables

  • Submit pre-class assignment.
  • Complete assignments at the end of each day to gauge progress.
  • Finish all sections of the demonstration appraisal report no later than noon on the seventh day.

Schedule

  • Pre-class session 1: Webinar – 1.5 hours
  • Pre-class session 2: Webinar – 1 hour
  • Day 1: Classroom – 7 hours
  • Day 2: Classroom – 7 hours
  • Day 3: Classroom – 7 hours
  • Day 4: Classroom – 7 hours
  • Day 5: Classroom – 7 hours
  • Day 6: Classroom – 7 hours
  • Day 7: Classroom – 3.5 hours

IMPORTANT! A pre-class writing assignment is a required component of the General Demonstration Report—Capstone Program as written under the section Fundamental Market Analysis Submission in The Official Guide to the Demonstration of Knowledge Requirement: General.

To be eligible for review, the submission must include, at minimum, all sections of the report through the Fundamental Market Analysis (FMA). The FMA assignment must be completed and submitted by 11:59 p.m. central time at least one week prior to the second webinar via an online portal that is accessible upon logging into the AI website and clicking on the Go-To-Class link for the Capstone.

If a Candidate does not submit the assignment by the deadline, or the submitted assignment fails to contain the minimum requirements, AI will terminate the Candidate’s non-refundable enrollment in the Capstone program offering.

Furthermore, the final draft of the demonstration appraisal report must meet certain requirements that make it eligible for grading as written under the section Capstone Report Submission Requirements in The Official Guide to the Demonstration of Knowledge Requirement: General.


Synchronous

Participant Deliverables

  • Submit pre-class assignment.
  • Complete assignments at the end of each day to gauge progress.
  • Finish all sections of the demonstration appraisal report no later than noon on the seventh day.

Schedule

  • Pre-class session 1: Webinar – 1.5 hours
  • Pre-class session 2: Webinar – 1 hour
  • Day 1: Synchronous – 7 hours
  • Day 2: Synchronous – 7 hours
  • Day 3: Synchronous – 7 hours
  • Day 4: Synchronous – 7 hours
  • Day 5: Synchronous – 7 hours
  • Day 6: Synchronous – 7 hours
  • Day 7: Synchronous – 3.5 hours

IMPORTANT! A pre-class writing assignment is a required component of the General Demonstration Report—Capstone Program as written under the section Fundamental Market Analysis Submission in The Official Guide to the Demonstration of Knowledge Requirement: General.

To be eligible for review, the submission must include, at minimum, all sections of the report through the Fundamental Market Analysis (FMA). The FMA assignment must be completed and submitted by 11:59 p.m. central time at least one week prior to the second webinar via an online portal that is accessible upon logging into the AI website and clicking on the Go-To-Class link for the Capstone.

If a Candidate does not submit the assignment by the deadline, or the submitted assignment fails to contain the minimum requirements, AI will terminate the Candidate’s non-refundable enrollment in the Capstone program offering.

Furthermore, the final draft of the demonstration appraisal report must meet certain requirements that make it eligible for grading as written under the section Capstone Report Submission Requirements in The Official Guide to the Demonstration of Knowledge Requirement: General.

Disclaimer
I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a Designated member, Candidate for Designation, Practicing Affiliate, or Affiliate of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute, and such peer review proceeding may result in termination of my Appraisal Institute membership, candidacy, and/or affiliation. 

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