Missouri Chapter Annual Meeting

Starts:  Feb 28, 2023 08:00 AM (CT)
Ends:  Mar 1, 2023 05:00 PM (CT)
Missouri Chapter 2023 Annual Meeting

14 Hours of Appraisal Continuing Education/Chapter Meeting

Tuesday, February 28

8 AM to 12 PM
Property Measurement and ANSI Z765 – This course covers Best Practices for measuring residential structures, to comply with the April 2022 mandate by FNMA for  Gross Living/Building measurements on residential structures.  This standard applies whether in residential appraisal or the house on a farm.  The class will pair well with the Cost Estimator class.

Presented by Julie Molendorp – Colibri/McKissock Learning Systems

1 PM to 5 PM
Income Approach Application – An overview of the income approach, with a look at: 
  • Economic principles of Income approach
  • Types of rent
  • Direct Capitalization
  • Types and sources of income
  • Expenses
  • Development of NOI
  • IRV
  • Sources and types of OAR’s
  • Yield Capitalization (DCF)
  • When is it appropriate?
  • Developing cash flows
  • Derivation of Yield Rates
  • Using Excel for DCF analysis
  • Reliability of income approach
  • Leased Fee/Leased Hold
  • Conclusion

5:15 PM
MO Chapter ASFMRA Business Meeting

6 PM
Dinner (on our own, at H-Toads or off-property, TBD)

Wednesday, March 1

8 AM to 4 PM
Cost Estimator Seminar – Does anyone really know how to use the Cost Service?  This seminar will provide the student with a background in the cost approach and actual practice in estimating cost using Marshall Valuation Service. Discussions include land value, costs of improvements, profit, depreciation, contributory value of site improvements, indicated value and personal property or intangibles.

Boyd Harris, ALC,  Secretary MO Chapter ASFMRA – 573-682-6500,  blhalc@boydharris.org

Camden on the Lake
2359 Bittersweet Road
Lake Ozark, MO. 65049

Call Direct for Room Reservation – 573-365-5620
Room Block closes January 26,2023
Room Code ASFM0223

Registration Fees:
Full Package – 14 hours CE, breaks, meals – $595
ANSI Measurement Class – 4 hours CE – $195
Income Approach Application – 3.5 hours CE – $195
Cost Estimator – 7 hours CE – $260

Need help with registration?
Katelyn Johnson | 303-692-1224 | KJohnson@asfmra.org



Camden on the Lake
2359 Bittersweet Road
Lake Ozark, MO 65049