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Appraisal Institute Education

Real Estate Finance, Statistics, and Valuation Modeling | Program Details

This two-day course provides an introduction to statistics, real estate finance, and modeling with applications to residential and commercial real estate appraisal. On the first day, you will develop an understanding of basic statistics and statistical analysis and learn how those skills can be used in valuation and evaluation practice. On day two, you will gain an introductory understanding of real estate finance markets, learn about credit conditions and their impact values on appraisal, and calculate and interpret fundamental numbers on loan payments and balances. Successful completion of the course and exam should satisfy most states’ education requirements in the content area identified as real estate finance, statistics, and valuation modeling. Participants should understand that this course will be a review and will not address more advanced topics.

Note. Real Estate Finance, Statistics, and Valuation Modeling was designed according to the broad topical guidelines of the Appraisal Qualification Board as part of qualifying (i.e., prelicensing) education for both residential and general certified appraisers.

National Registry of CPE SponsorsThe Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Delivery Method: Group-Live
AICP members may be able to earn Certification Maintenance (CM) credits for this activity. Visit www.planning.org/cm for a list of approved offerings.

Program Overview
Table of Contents and Overview [PDF]
Course Schedule [PDF]

Recommended Text
A Guide to Appraisal Valuation Modeling
Practical Applications in Appraisal Valuation Modeling
The Appraisal of Real Estate, 13th ed.
An Introduction to Statistics for Appraisers

Ordering Information
To order books and other materials go to
our store

Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.

Required Equipment

  • HP-12C calculator
  • You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP-12C. Do not come to class expecting to be taught how to use a financial calculator.
  • Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems; and Financial Calculator Practice Exercises
  • For additional help with the HP-12C calculator, take our online seminar, Using Your HP-12C Financial Calculator.

  • Appraisal Institute Credit Hours
    15 (including 1-hour exam)

    Prerequisites
    Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures, or equivalent courses is required.

    Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

    Who Should Enroll
    Beginning appraisers, real estate professionals, users of appraisal services, accountants.

    Click here for state approvals


    Class Schedule & Locations

    11/30/2009 - 12/01/2009
    Location: Houston, TX
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    Sponsor: Houston
    Contact: Lori Wilkins, (713) 668-1757
    Instructor: Wright, Larry T., MAI, SRA & Whitmer, Ted R., MAI
    Register


    01/21/2010 - 01/22/2010
    Location: Atlanta, GA
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    Sponsor: Atlanta Area
    Contact: Suzanne Brockway, (770) 803-0024
    Instructor: Anglyn, William T., MAI & Vernor, PhD, James D., MAI


    01/27/2010 - 01/28/2010
    Location: Louisville, KY
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    Sponsor: Bluegrass
    Contact: Susan Katz, (502) 727-9181
    Instructor: Smeltzer, Mark V., SRA


    02/01/2010 - 02/02/2010
    Location: St. Paul, MN
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    Sponsor: North Star
    Contact: Maribelle Cushman, (651) 633-0676
    Instructor: Dowling, Vincent M., MAI, SRA
    Register


    02/22/2010 - 02/23/2010
    Location: Tigard, OR
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    Sponsor: Greater Oregon
    Contact: Vicki Champ, (503) 316-1979
    Instructor: Molitor-Gennrich, Dawn M., SRA
    Register


    03/08/2010 - 03/09/2010
    Location: Chicago, IL
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    Sponsor: Chicago
    Contact: Kate Fulfold, (312) 616-9405
    Instructor: Slucter, Kern G., MAI, SRA & Pending, Instructor
    Register


    03/09/2010 - 03/10/2010
    Location: Greensboro, NC
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    Sponsor: North Carolina
    Contact: Nancy Toombs, (336) 297-9511
    Instructor: Vernor, PhD, James D., MAI


    04/14/2010 - 04/15/2010
    Location: Indianapolis, IN
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    Sponsor: Hoosier State
    Contact: Shannon O'Keefe, (317) 815-1340
    Instructor: Simmons, Alan F., SRPA
    Register


    04/23/2010 - 04/24/2010
    Location: Tulsa, OK
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    Sponsor: Green Country of Oklahoma
    Contact: Susan Lamkin, (918) 832-9008
    Instructor: Borges II, Richard L., MAI, SRA


    05/05/2010 - 05/06/2010
    Location: Maumee, OH
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    Sponsor: Cardinal Ohio
    Contact: Sally Lawton, (614) 442-3391
    Instructor: Borges II, Richard L., MAI, SRA


    05/07/2010 - 05/08/2010
    Location: Piscataway, NJ
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    Sponsor: Metro New Jersey
    Contact: Debra Miller, (732) 494-4716
    Instructor: Scribner, Ph.D., David, MAI, SRA
    Register


    05/24/2010 - 05/25/2010
    Location: San Jose, CA
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    Sponsor: Northern California
    Contact: Lisa Estes / Pat Moore, (925) 932-7753
    Instructor: Molitor-Gennrich, Dawn M., SRA


    06/07/2010 - 06/08/2010
    Location: Los Angeles, CA
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    Sponsor: Southern California
    Contact: Lianna Chaparyan, (818) 957-5111x20
    Instructor: Urubek, John H., MAI
    Register


    06/17/2010 - 06/18/2010
    Location: Aurora, CO
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    Sponsor: Colorado
    Contact: Sherry Engleberg, (303) 691-0487
    Instructor: Simmons, Alan F., SRPA
    Register


    09/15/2010 - 09/16/2010
    Location: Tampa, FL
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    Sponsor: West Coast Florida
    Contact: Nancy Bachor, (813) 935-4311
    Instructor: Foltz, Kenneth G., MAI, SRA
    Register


    09/20/2010 - 09/21/2010
    Location: Atlanta, GA
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    Sponsor: Atlanta Area
    Contact: Suzanne Brockway, (770) 803-0024
    Instructor: Vernor, PhD, James D., MAI & Wise, Henry J., MAI


    09/23/2010 - 09/24/2010
    Location: Bountiful, UT
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    Sponsor: Utah
    Contact: Sheri Zaugg, (801) 294-6715
    Instructor: Vernor, PhD, James D., MAI
    Register


    09/23/2010 - 09/24/2010
    Location: Columbus, OH
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    Sponsor: Cardinal Ohio
    Contact: Sally Lawton, (614) 442-3391
    Instructor: Borges II, Richard L., MAI, SRA


    09/29/2010 - 09/30/2010
    Location: Indianapolis, IN
    Click here for location details
    Sponsor: Hoosier State
    Contact: Shannon O'Keefe, (317) 815-1340
    Instructor: Smeltzer, Mark V., SRA
    Register


    10/28/2010 - 10/29/2010
    Location: Houston, TX
    Click here for location details
    Sponsor: Houston
    Contact: Ginger Coleman, (713) 668-1757
    Instructor: Wright, Larry T., MAI, SRA


    11/08/2010 - 11/09/2010
    Location: Chicago, IL
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    Sponsor: Chicago
    Contact: Kate Fulford, (312) 616-9405
    Instructor: Urubek, John H., MAI
    Register


    11/09/2010 - 11/10/2010
    Location: Spokane, WA
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    Sponsor: Inland Northwest
    Contact: Darcy Galvan, (509) 489-2208
    Instructor: Anglyn, William T., MAI


    11/18/2010 - 11/19/2010
    Location: Plano, TX
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    Sponsor: North Texas
    Contact: Ruth Kelton, (972) 233-2244
    Instructor: Wolverton PhD, Marvin L., MAI