This course is a "live online" course (online sessions on Tuesdays/Thursdays) with a "ProctorFree" exam. You will need a built-in or external webcam, a quiet/private environment, and a reliable internet connection.
Also required is a photo I.D., calculator, and scratch paper. You will be asked to show these items at the start of your exam.
The dates of this class are April 14, April 16, April 21, and April 23.
The exam block is April 27, 28, and 29.
This live online course is an intermediate level course designed for the practicing appraiser and builds on IAAO Course 102 training. An understanding of the income approach to value and practical experience with income capitalization are essential prerequisites. Problem solving requires a calculator with a power key. This course makes extensive use of financial compounding and discounting techniques. Emphasis is on developing financial factors by way of electronic devices with slight references to pre-printed tables. Forecasting income patterns and property value changes are prominent variables used in estimating present values. Formula driven models are the primary appraisal tools. Market value estimates through yield capitalization are the principal focus of the course.