This 1 (one) day course instructs both new and experienced appraisers on correct and practical methods of completing adjustments in the sales comparison approach. The course includes methods of calculating depreciation and effective age from the market. Land or site adjustments are also addressed. Many actual examples and case studies cover GLA adjustments and, how to calculate effective age/condition adjustments using the effective age comparison method. The relationship between the cost approach and the sales comparison approach is discussed.
Students must pass an examination to receive course credit. Students must bring a calculator to class and be proficient in its use.
Prerequisite: CNA101 Introduction to Real Estate Appraising
This course is mandatory for the DAR designation and should be completed by the end of the second year of being a member.
Schedule for the day: 8am – 5pm
1 week cancellation notice required prior to the course or the course cost will be non-refundable.
