Introduction to Industrial Appraising (Single Commercial Properties)
Course Type:
Appraisal
This five-part course will expand upon the IAAO 101 and IAAO 102 course curriculums. We will discuss the conceptual framework of industrial appraising via direct instruction and contextualized application relevant to commercial appraising. We will focus on single property versus mass appraisal, with an emphasis on components of the valuation process, the Income Approach to value, and reconciliation.
- Part 1: Valuation Process Components We will introduce the paradigm shift associated with single property appraisal instead of mass appraisal and the components of the valuation process.
- Part 2: Data Sources and Analysis Component We will continue our development of the single property appraisal paradigm and study of the components of the valuation process.
- Part 3: Income Component We will examine the “Income” component of the Income Approach.
- Part 4: Rate Component We will examine the “Rate” component of the Income Approach.
- Part 5: Reconciliation We will continue our development of single property appraisal competency via an examination of the considerations necessary to reconcile a final value indication from the individual value indications derived by the various approaches.
Scheduled classes: None at this time
Course materials: Link
Course Hours: 15 CE