Bramlett School of Real Estate

Quality Education at Convenient Locations

Residential Sales Comparison and Income Approaches Part 1 and Part 2

Illustrates how the fundamental principles of valuation and appraisal standards apply to an assignment in which the sales comparison and/or income approach is relevant in the scope of work, and details the development steps in the appraisal process through reconciliation. As part of the progression, the student will become acquainted with accepted methodology and techniques that can be applied in the assignment using the sales comparison and/or income approaches.

Fully explains and illustrates how the fundamental principles of valuation and appraisal standards apply to an assignment in which the sales comparison and/or income approach is relevant in the scope of work, and details the development steps in the appraisal process through reconciliation. As part of the progression, the student will become acquainted with accepted methodology and techniques that can be applied in the assignment using the sales comparison and/or income approaches. Included and emphasized, through numerous illustrations and application case studies, are choosing comparable data, derivation and application of adjustments for various elements, derivation and application of rates of capitalization, and the logic and rationale applied during reconciliation. Also included is an introduction to the HP-12C financial calculator as well as a discussion about using the sales comparison and income approaches in special situations.

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Course written by Hondros Learning

 

Course Fee is $270.00 ($260 untested) for each part

Course Highlights:

· Learn how to apply and defend the rationale behind market adjustments

· Up-to-date information on current Mortgage Industry Guidelines and relevant USPAP requirements

· References to USPAP Advisory Opinions and Frequently Asked Questions

· Detailed glossary to help students master key terms

Course Offering