Course Information

This course is an intermediate level course designed for the practicing appraiser and builds on IAAO Course 102 training. An understanding of the income approach to value and practical experience with income capitalization are essential prerequisites. Problem solving requires a calculator with a power key. This course makes extensive use of financial compounding and discounting techniques. Emphasis is on developing financial factors by way of electronic devices with slight references to pre-printed tables. Forecasting income patterns and property value changes are prominent variables used in estimating present values. Formula driven models are the primary appraisal tools. Market value estimates through yield capitalization are the principal focus of the course.

Course Dates

This class begins at 8am Eastern time starting on 5/13/24 and ends on 5/16/24.

Exam Block Information

Exam Block Begins: 5/17/24  | Exam Block Ends: 5/22/24

Instructor: Michael Lendi, CMS, AAS