Income Approach for General Appraisers (A303) | Livestream

Starts:  Mar 16, 2021 8:00 AM (MT)
Ends:  Mar 19, 2021 5:00 PM (MT)

Start Times:
7:00 AM PT | 8:00 AM MT | 9:00 AM CT | 10:00 AM ET

Registration Fees

Member: $749
Non-Member: $989

Live Streaming Broadcast Requirements
In order to attend this live streaming broadcast, ensure you have access to:

  • A computer with a webcam, audio and a microphone so you and the instructor can see each other and interact
  • Reliable internet access capable of video conferencing
  • Photo identification clearly showing your photo and name. You may block off other identification. This will be used to verify student attendance. Attendance will be taken at various times throughout the class. To earn Continuing Education credit, you will need 100% attendance and must be visibly present in the video frame for the duration of the class. A lunch break as well as additional short breaks will be provided throughout.
  • We will be using Zoom as our platform. Following is a short YouTube video about how to navigate a Zoom webinar: https://support.zoom.us/hc/en-us/articles/201362193-How-Do-I-Join-A-Meeting

Note: A Zoom Meetings invitation and digital course materials will be sent to all registrants prior to the event.   If you have not received your Zoom Registration link and materials 24 hours prior to the event, please contact us at mguszak@asfmra.org

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: Valuing Rural America; 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: Clay Caver, AFM, ARA, RPRA and Nathan Tonne, ARA

List of Approvals

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