We have new untested, 7HR CE classes approved by the GA Appraisal Board.
General Appraiser Income Approach Part 1-
30 HR, Tested.
This course is a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. A thorough, detailed analysis of gross income including leases and the various expenses appropriately deducted from gross income follows, with realistic case studies of several income property types. Direct capitalization is then presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the taught concepts to prepare participant for the exam.
General Appraiser Income Approach Part 2-
30 HR, Tested.
This course is a thorough treatment of discounted cash flow (DCF) analysis. Topics include identifying components of a DCF, projecting cash flows, analyzing leases, solving for value in a variety of common situations, and supporting the discount rate. The effects of debt financing including cash equivalence and equity analysis are covered in detail. Income patterns and property models including residual and other applications are followed by selecting and supporting the discount rate. Also presented are the strengths and weaknesses of direct and yield capitalization. The final section reviews and summarizes the mathematical concepts involved with income capitalization and prepares the participant for not only the course exam but also the certification exam.
General Market Analysis Highest and Best Use Part 1-
15 HR, Tested.
Course Objectives:
•Market Fundamentals
•Supply Side Analysis
•Demand Analysis
•Use of Market Analysis
•Highest and Best Use Test Constraints
•Application of Highest and Best Use
•Special Considerations in Highest and Best Use
•Case Studies
General Market Analysis Highest and Best Use Part 2-
15 HR, Tested.
Course Objectives:
•List and explain the four tests for highest and best use
•Outline reasons for separate site valuation
•List the 3 reasons that give land value
General Appraiser Sales Comparison Approach-
15 HR, Tested.
Course Objectives:
Valuation Review
The Sales Comparison Approach
Graphic Analysis
Appraisal Math and Statistics
Forms of Ownership
General Appraiser Report Writing & Case Studies Parts 1 & 2-
30 HR, Tested.
General Appraiser Report Writing & Case Studies provides instruction in effectively communicating a sound analysis of selected parts of a valuation. The course addresses USPAP requirements and the three types of writing most often used in appraisal reports: descriptive, numerical, and analytical. Lectures on writing principles, discussions of various sections of the appraisal report, and in-class writing exercises and presentations provide guidance and practice in effective communication of a valuation analysis. Specific assignments include writing a thesis statement, summarizing data, creating effective tables, writing a conclusion, communicating highest and best use, communicating an analysis, writing a letter of transmittal, and writing a reconciliation and opinion of value. During this four-day course, participants will use data provided in case studies as the basis for writing assignments that will help them recognize and produce effective reports. A two-hour multiple-choice examination that focuses on components of good writing concludes the course.
General Appraiser Site Valuation and Cost Approach-
30 HR, Tested.
General Appraiser Site Valuation and Cost Approach is a practical, hands-on course that concerns two basic aspects of real estate appraisal: land/site valuation and the development of the cost approach. Extensive use of problems and case studies will give you practice in applying site valuation and cost approach methods. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as general appraiser site valuation and cost approach.