CHICAGO (March 22, 2019) — (RealEstateRama) — The Appraisal Institute, the nation’s largest professional association of real estate appraisers, debuted a seven-hour classroom seminar on rural valuation issues today in Nashville, Tennessee.
“Rural Valuation Basics” teaches residential and commercial appraisers the fundamental skills they will need to complete rural appraisal assignments. Instruction focuses on land mix analysis, valuing improvements with extraction and allocation and developing adjustments.
The seminar further addresses:
- Identifying the characteristics of rural properties that affect value;
- Locating data sources for rural properties;
- Finding the best data available in markets that have limited data;
- Analyzing information on properties with different land mixes;
- Valuing properties with multiple improvements;
- Using soil mapping tools; and
- Developing the sales comparison approach using land and building mix analyses.
The new seminar also will be offered April 5 in Albuquerque, New Mexico; April 11 in Rockford, Illinois; April 12 in Wichita, Kansas; April 19 in Tigard, Oregon; April 26 in Bakersfield, California; May 8 in East Peoria, Illinois; May 9 in Starkville, Mississippi; May 17 in Little Rock, Arkansas; May 20 in Maumee, Ohio; and Aug. 16 in Millbrook, Alabama.
The Appraisal Institute is a global professional association of real estate appraisers, with nearly 18,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.
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For more information:
O 312-335-4441; C 847-989-8670