General Appraiser Income Approach/Part 1

Some AI educational programs may not be approved in every state.

Students should check state approvals prior to registering for any Appraisal Institute program.

To register for this program, go to the bottom of the page.



Who should enroll
  • Those seeking general real property appraiser certification    
  • Underwriters    
  • Lenders    
  • Assessors    
Description After a brief review and introduction, General Appraiser Income Approach/Part 1 opens with a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. The course then provides a thorough, detailed analysis of gross income, including leases and the various expenses appropriately deducted from gross income, with realistic case studies involving several income property types. Direct capitalization is presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the concepts taught to prepare participants for the exam.
Objectives
  • Expand competencies in performing income and expense analysis.    
  • Gain a foundation in direct capitalization techniques and applications.    
  • Extract and apply rates from the market.    
  • Identify fundamentals of risk and investment analysis.    
  • Expand competency in compound interest theory and calculations.    
  • Forecast revenues.    
  • Estimate expenses.    
  • Value partial interests.


Refer to this page for details of state approval hours for this course.

  • Attended Only:

    175
  • Attended Only:

    175
  • Attended Only:

    175
  • Attend and Pass Exam:

    225
  • Attend and Pass Exam:

    225
  • Attend and Pass Exam:

    225
  • Pass Exam Only:

    200
  • Pass Exam Only:

    200
  • Pass Exam Only:

    200
27 hours
90
No
Yes
3
Intermediate
None specified

Online Education FAQ



Synchronous Requirements
National Registry of CPE SponsorsThe Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. 

State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: www.nasba.org

Delivery Method: Group-Live


You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

Exam:
You will have 90 days from the time that you complete the course to take the proctored, offline exam. Testing center locations in your area can be found by clicking on this link:www.pearsonvue.com/ai.
Exam FAQ

Online Course Access
Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
1. Click "Education and Events" on the right navigation menu.
2. Find the course under the “Online Courses” heading and click the “Begin” button.
IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

Other Details
For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.



This course allows the option to test out of the course. Click to Challenge examination.


NOTE: States DO NOT  provide credit for challenge examinations.

Classroom Offerings

Sponsor Date Location Instructor(s)

Synchronous Offerings

No offerings at this time

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