311: Real Property Modeling Concepts - Live Online - September 2023 - IAAO HQ - IC311SEP23

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The Real Property Modeling Concepts course presents a detailed study of the mass appraisal process as applied to residential and income-producing properties. Topics covered include a comparison of single-property appraisal and mass appraisal  the major steps in the mass appraisal process  data requirements  market analysis  use of sales ratio studies  cost approach  sales comparison approach  gross and net income analysis  capitalization rate development  model specification and calibration  valuation review techniques and maintenance. Please note: former 311 (Residential Modeling Concepts) and 312 (Commercial/Industrial Modeling Concepts) have been redesigned into this one 5-day course.