Northeast Chapter | Cost Approach + Poultry

Starts:  Apr 30, 2018 8:00 AM (ET)
Ends:  May 2, 2018 5:00 PM (ET)
Associated with  Northeast Chapter of ASFMRA

Monday, April 30
8:00 am-5:00 pm

Cost Approach Seminar

This 1-day seminar sets forth up-to-date techniques for establishing market value by estimating the current cost to reproduce or replace the existing structure. Students will learn how to measure depreciation from market data, when use of cost approach is most and least applicable and how to establish value when using this approach. Discussion will cover physical curable, physical incurable short lived, physical incurable long lived, functional curable, functional incurable and accrued depreciation.
Instructor: Scott Seely, ARA
6:00 pm- 7:00 pm

YPN Networking Event

Happy hour and appetizers with fellow YPN ASFMRA members. There will be a brief presentation about ASFMRA and YPN followed by networking. Anyone 35 and under may attend; members and non-members are welcome! Sponsored by the ASFMRA Education Foundation via Monsanto.
Tuesday, May 1
8:00 am-5:00 pm

Poultry Life Cycle Tour

This tour will include a poultry hatchery, production farm, processing and composting. The objective of this tour is to teach attendees about the vertical integration of the poultry industry and the importance of understanding how to value the various types of poultry facilities.
Instructor: Jodi Pries, MAI, ASA
6:00 pm

Annual Meeting and Dinner

Wednesday, May 2
8:00 am- 5:00 pm

Appraising Ag Facilities: Poultry Seminar

One of the most difficult assignments an appraiser will encounter is the valuation of an agricultural facility. This seminar reviews the underlying appraisal theory relative to facility appraisals and then apply the theory specifically to the valuation of a poultry farm. In this seminar, we will discuss what is actually being valued in an agricultural facility, review applicable terminology, discuss the overall appraisal process beginning with problem identification, then walk through a real-world example detailing sales analysis and following through all the traditional approaches to value.
Instructor: Scott Seely, ARA

Registration Fees
All Events $700 $850
Day 1 & 2 (Cost + Tour) $525 $675
Day 2 & 3 (Tour + Poultry) $525 $675
YPN Happy Hour $0 $0
Annual Meeting Only $70 $70

Cancellation Fee
If you need to cancel after April 23, 2018, a $50 fee will be assessed.

Hotel Details
Contact the Atlantic Sands Hotel & Conference Center at 800-422-0600 and reference booking ID#9084 NE Chapter ASFMRA to reserve a room at the discounted rate of $100/night + taxes. All reservations must be made no later than March 30, 2018.

For More Information
Meeting: Rebecca Stone | 607-435-4730 |
Registration: Deanna Ilk | 303-692-1222 |


Atlantic Sands Hotel & Conference Center
1 Baltimore Ave at the Boardwalk
Rehoboth Beach, DE 19971