Credit Hours: 15
This two-day course will show you how to perform an extensive market analysis to support all steps in the valuation process with special emphasis on highest & best use conclusions.
Market analysis and highest and best use analysis are at the heart of every residential real estate valuation. In this detailed course you will get a summary of the appraisal concepts and principles that relate these two critical analyses. Through interesting discussion and case study examples you’ll learn what information needs to be gathered, how to organize it, and how to perform the analyses.
The How-To’s of Market Analysis
After reviewing valuation principles you’ll review the steps to perform the market analysis. You’ll learn how to analyze property productivity. Location, its description and analysis, will be covered in detail. You’ll also learn how to analyze the many forces that influence value, including social ideals and standards, economic fluctuations, and government regulations.
Highest and Best Use Analysis
Highest and best use is among the most important of all considerations when trying to estimate the value of real property. By estimating the value of the land when put to alternative uses, the appraiser can decide whether the land is presently serving its highest and best use, or whether it could be put to a different use that would substantially increase its value.
To purchase this package, you must schedule each of the live classes listed below. Once you've scheduled each class, a "Finalize and Purchase Package" button will appear below the class list to let you complete your purchase.
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