This 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.

Training request will be sent 30 days prior to class.