A303 Income Approach for General Appraisers

Starts:  Apr 15, 2019 8:00 AM (MT)
Ends:  Apr 18, 2019 5:00 PM (MT)

Registration Fees

Course Member     Non-Member
A303 $749 $989


Hotel Accommodations

Hilton Garden Inn Denver Cherry Creek
600 S Colorado Blvd
Denver, CO 80246

A discounted rate of $122 + tax per night.  The discounted rate will be available a few days before and after the course dates to work with your travel schedule.

Additional Perks with the discounted rate include:

  • 1 breakfast voucher for each room night booked.
  • 1 $5 hotel voucher.
  • Complimentary WiFi
  • Complimentary valet or garage parking

CLICK HERE  TO BOOK ONLINE

Cutoff Date:        03/31/2019

Reservation Questions/Concerns or to book by phone? Call the Sales Coordinator’s direct phone line at 303-262-8794.

The hotel is approximately 25 miles from the airport.  Anticipate 45 minutes for travel time between the airport and hotel.  It is recommended that you arrive to the airport at least 90 minutes prior to your scheduled flight time.  Here are a few ground transportation options. 

Super Shuttle| Average cost $27 one way.  Reservations required and can be booked at supershuttle.com. 

Hotel Car Service | Average cost $75 one way.  Reservations required and can be booked by calling the hotel at 303-754-9800.

Uber or Lyft | Average cost $60 one way.

Taxi | Average cost $60 one way.  

Course Cancellation Policy

All cancellation requests must be in writing to DIlk@asfmra.org.

  • Prior to Apr. 1: $25 cancellation fee 
  • Apr. 1 - Apr. 12: $50 cancellation fee 
  • No Shows will forfeit all registration fees
  • Transfers or substitutions can be done prior to the course date

Course Description
The course covers topics such as application of the six functions of $1, underlying income approach definitions and concepts, construction of the income and expense statement, direct capitalization theory and techniques, introduction to yield capitalization, discounting, lease analysis, building and land residual analysis, and straight-line recapture theory and techniques. These topics are discussed with a distinct bent toward the sometimes unique aspects of rural property valuation. Concepts are reinforced through classroom discussion, drill problems and periodic diagnostic quizzes. After successful completion of this course, the student will be prepared for the more advanced topics discussed in the second 30 hour Income Approach module.  This course is specifically designed as the introductory course to the Income Approach which meets 30 of the 60 hours required by the Appraiser Qualifications Board for Qualifying Education for General Certified Appraisers.

Please Note: This course is designed to follow Basic Appraisal Principles and Basic Appraisal Procedures. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level classes.

Required Equipment & Textbooks: HP-12c, Hp-17bII or HP-19bII calculator; Appraisal of Rural Property, 2nd Edition

Optional Textbooks: Appraisal of Real Estate, Thirteenth Edition; Dictionary of Real Estate Appraisal, Fifth Edition

Contact Hours: 27 hours + 3 hour exam

Course Timetable: Days 1-3: 8 AM – 5 PM; Day 4: 8 AM – 4 PM

AQB Licensure Requirement: Certified General

Accreditation: This course is required for the ARA and the RPRA

Instructor/s: Justin Bierschwale, ARA; Mark Lewis, ARA, RPRA

List of Approvals

For More Information: Deanna Ilk | 303-692-1222 | dilk@asfmra.org

Location

ASFMRA
720 S Colorado Blvd
Lower Level Conf. Room
Denver, CO 80246