Commercial Real Estate Basics: Appraisal and the Three Approaches to Value: May 2026

Appraisal and the Three Approaches to Value provides participants with appropriate knowledge to enhance their review of the third party appraisal. This course discusses the ethics and standards appraisers are required to adhere to, reviews the appraisal process, and explains the four tests required for highest and best use analysis. The course also discusses the background and steps to complete the three approaches to value: Cost Approach, Sales Comparison Approach, and the Income Capitalization Approach. The course concludes with how the appraiser reconciles the values to reach the final value conclusion. Participants have the opportunity to review a case study appraisal, complete a highest and best use analysis, and determine the value for either an office building or an apartment building.

Topics:

• Appraisal Principles and Procedures
• Highest and Best Use  
• Cost Approach and the Sales Comparison Approach
• Income Capitalization Approach and Reconciliation

Format:

• Instructor-Guided Online Course

Experience Level(s):

• Entry-Level

Intended Audience:

• Loan Originators/Loan Processors
• Loan Analysts/Underwriters
• Loan Closers
• Servicers
• Individuals who work in other areas of commercial real estate (marketing, law, accounting) and want to learn more about the commercial/multifamily appraisal

Program Schedule:

Week 1:

• Monday, May 4 (1:00 PM  - 3:00 PM ET)

Week 2:

• Monday, May 11 (1:00 PM - 3:00 PM ET)

Week 3:

• Monday, May 18 (1:00 PM - 3:00 PM ET)

Week 4:

• Tuesday, May 26 (1:00 PM - 3:00 PM ET)

MBA Education Cancellation Policy:

• For more information on course cancellations, transfers, substitutions or extensions, please review our MBA Education Policies.

Discounts:

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• Your organization can get unlimited complimentary seats to this class with an Education Advantage subscription!  Contact Kathy Ryan to learn more about Education Advantage!

By registering for this event, you also have agreed that you will at all times during this event abide by the MBA EVENT CODE OF CONDUCT. You should familiarize yourself with this policy before attending the event as violations of the MBA EVENT CODE OF CONDUCT may result in removal from or denial of access to the MBA sponsored event without a refund of registration fees, or disqualification from attendance at future MBA events.