Upcoming Course and Seminar Listings

For a complete list of all 2018 Chapter-sponsored education, see 2018 Education.

General Appraiser Income Approach/Part 1
Course Instructors: Stephen D. Roach, MAI, SRA, AI-GRS, and Eric C. Schneider, MAI, SRA, AI-GRS
June 4-7, 2018; 8:30 am to 5:00 pm

University of San Diego, 5998 Alcala Park, Alcala Park West, Room Avila B-100, San Diego, CA 92110

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After a brief review and introduction, this course opens with a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. A thorough, detailed analysis of gross income including leases and the various expenses appropriately deducted from gross income follows, with realistic case studies of several income property types. Direct capitalization is then presented using overall capitalization rates, band of investment, and residual techniques.

 

Basic Appraisal Principles
Course Instructor: Deanne Recht, MAI
June 5-8, 2018; 8:30 am to 5:00 pm

University of San Diego, 5998 Alcala Park, Alcala Park West, Room Durango F-1, San Diego, CA 92110

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This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, market area analysis, highest and best use, and ethical considerations. The course will provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue.

 

General Appraiser Income Approach/Part 2
Course Instructor: David C. Lennhoff, MAI, SRA, AI-GRS
June 8-12, 2018; 8:30 am to 5:00 pm (no class on Sunday June 10)

University of San Diego, 5998 Alcala Park, Alcala Park West, Room Avila B-100, San Diego, CA 92110

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After a diagnostic quiz on the six financial functions of one and a brief review, this course opens with a thorough treatment of discounted cash flow (DCF) analysis. Topics include identifying components of a DCF, projecting cash flows, analyzing leases, solving for value in a variety of common situations, and supporting the discount rate. The effects of debt financing, including cash equivalence and equity analysis are covered in detail. Income patterns and property models including residual and other applications are followed by selecting and supporting the discount rate. Also presented are the strengths and weaknesses of direct and yield capitalization. The final section reviews and summarizes the mathematical concepts involved with income capitalization and prepares the participants for not only the course exam but also the certification exam.

 

Basic Appraisal Procedures
Course Instructor: Joseph Magdziarz, MAI, SRA, AI-GRS, AI-RRS
June 9-13, 2018; 8:30 am to 5:00 pm (no class on Sunday June 10)

University of San Diego, 5998 Alcala Park, Alcala Park West, Room Durango F-1, San Diego, CA 92110

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The course will take you step-by-step through the valuation process including defining the problem, collecting and analyzing data, reaching a final opinion of value, and communicating the appraisal. You will learn about the three approaches to reaching an opinion of value – income capitalization, cost, and sales comparison – and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, you will learn how rates and multipliers are derived. Through case studies, you will discover the steps and concepts involved in the cost approach – how appraisers estimate the cost of constructing a reproduction or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation. The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. You also will complete key sections of an appraisal report. In addition, the course provides an introduction to property description and construction and design basics.

 

2018 Summer Educational Event
June 13 – July 28, 2018; 8:30 am to 5:00 pm

University of San Diego, 5998 Alcala Park, Alcala Park West, San Diego, CA 92110

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Eight additional real estate appraisal courses, including basic (qualifying) education, certification education, advanced education, the 15-Hour National USPAP course, and the 7-Hour USPAP Update course.

Several discounted packages are available.

For Details and any Questions:
Contact: Patti Kreutzer, Executive Director, at patti@sdcai.org or Phone (858) 292-7324

 

On-line Registration Available:
For a complete list of all educational offerings (Credit Card Payments only) go to:  Register for Course/Seminar

 

To pay with a check:

Contact Patti Kreutzer, Executive Director, at patti@sdcai.org or Phone (858) 292-7324