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.

Students attending this course are required to have a webcam on during the class to receive attendance credit.

This live online offering is sponsored by IAAO and is worth 30 CEUs.

Course Dates

This class begins at 9:00 AM (Central Time) starting on October 27, 2025 and ends on October 30, 2025.

Instructor: Miles Anderson, CAE

Exam Block

Exam Block Begins: October 31, 2025 | Exam Block Ends: November 4, 2025

To ensure a smooth examination process, please note that both a webcam and a computer meeting the system requirements for ProctorFree are essential. For detailed insights into these prerequisites for taking an IAAO proctored exam, kindly refer to the Exam Resources page and the ProctorFree technical requirements.

More information on how to access your ProctorFree account will be emailed to you when your exam becomes available on the Exam Block start date.

More Information

For additional questions or more information, including to paying by invoice, please reach out to education@iaao.org.