CRE Basics: Appraisal and the Three Approaches to Value, March 18-April 8

About the Event

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:

Introduction to the Appraisal
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:

Tuesday, March 18 (1:00 PM  – 2:30 PM ET)

Week 2:

Tuesday, March 25 (1:00 PM – 2:30 PM ET)

Week 3:

Tuesday, April 1 (1:00 PM – 2:30 PM ET)

Week 4:

Tuesday, April 8 (1:00 PM – 2:30 PM ET)

** Webinars may vary in duration depending on the subject matter**