Commercial Real Estate Basics: Appraisal and the Three Approaches to Value: May 2021

Register Now

Early Cutoff:

  Before Regular
MBA Member Price (Before ) $350.00 $400.00
Non-Member Price (Before ) $500.00 $600.00

Description

Dates and Lessons:

Tuesday, May 18: Introduction to the Appraisal
Tuesday, May 25: Highest and Best Use
Tuesday, June 1: Cost Approach and the Sales Comparison Approach
Tuesday, June 8: Income Capitalization Approach and Reconciliation

Times:

  • 1:00 - 2:30 PM ET

Summary:

The goal of Appraisal and the Three Approaches to Value is to provide participants with appropriate knowledge to enhance their review of the third party appraisal. This four-part, instructor-guided online 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 courses 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. Appraisal and the Three Approaches to Value is one of eight courses in MBA Education's CRE Basics series.

Objectives:

Attendees can expect to:

  • Define USPAP and its requirements
  • Define appraisal components
  • Interpret and define a property’s market
  • Breakdown the four steps to Highest and Best Use
  • Demonstrate the three approaches to value

Who Should Attend?

  • Originators
  • Loan Processors
  • Junior Analysts
  • Loan Closers
  • Servicers

Scholarship Availability & Discounts:

Save More

MBA’s Path to Diversity Scholarship enables employees from diverse backgrounds to advance their career development by receiving up to $2,000 in education funds. Learn more and apply at mba.org/pathtodiversity.

Your organization can get two complimentary seats to this class with an Education Advantage subscription! Contact Jeff Schummer to learn more about Education Advantage!