MORE DETAILS TO COME!

CLICK HERE FOR A PRINTABLE PDF OF UPCOMING EVENTS AND EDUCATIONAL OFFERINGS

Part of our “Seminars At the Shore” Series which includes Risk and Equity’s Role

Since it’s September, this is also known as the 26^th Annual September Symposium!

• Seminar developed & presented by Vincent M. Dowling, MAI, MRICS, SRA, M.Ed.
• TIME: 8:30 am – 12:30 pm
• Register by August 1^st:  $95 members / $105 non-members
• Register After August 1^st: $105 member / $115 members
• Includes continental breakfast and lunch.

Appraisal reports convey opinions and conclusions that are to be based on credible market support.  However, the reality is that this does not always occur.  USPAP requires the appraisal to have market support, sound reasoning and logic for adjustments in a comparison analysis, all components in a cost analysis and the multiple aspects of an income analysis.  This program will address the need for meaningful market analysis for properties that commonly transact and are located in relatively stable markets, using industry approved and peer tested techniques within the Six Step process.

We will focus on how this can be accomplished in an inferred market study. Market analysis precedes and is the underpinning of the highest and best use analysis and conclusion.  Many valuation reports convey opinions but often lack the underlying data and analysis to support the opinions and conclusions expressed in the report.  The underlying market data and its analysis is often poorly communicated due to clients requesting a quick turn-around time frame or the impact of other restrictions.

This program delves into all aspects of an Inferred market analysis which is the underpinning of a meaningful highest and best use analysis and conclusion.  Each step in the Six Step process will connect theory and practice to assist residential and non-residential practitioners in writing more complete and meaningful appraisals, regardless of the medium used to communicate the report.  The goal will be to offer pragmatic ways to comply with USPAP and allow clients and intended users to more fully understand all the work done by an appraiser.  The program is designed to show how USPAP and appraisal practice and theory can be presented in a succinct manner that will be meaningful to users while demonstrating the depth of research and analysis that trained and experienced appraisers bring to assignments.  The intent is to protect the general public and meet the obligation expected in this industry.

Seven (7) CE credits total (each class is applied for separately with specific CE hours noted in this document) PENDING w/NJ of Real Estate Appraisers (reciprocal credits in PA), DE, Maryland & NY State; APPROVED by the Appraisal Institute.  If you need CE approvals for your state, contact Lisa: 856-415-0281 or lisamayweiss@hotmail.com.

Any & all cancellations are subject to an admin fee.  No credit/refunds for cancellations made on or after 10 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on the registration portal.

Questions? Need help enrolling?  Email:  lisamayweiss@hotmail.com   Call: 856-415-0281

CLICK HERE FOR A PRINTABLE PDF OF UPCOMING EVENTS AND EDUCATIONAL OFFERINGS

ACCOMODATIONS

Discounted rooms available for Thursday: $75/room/night, plus taxes and fees. Call Golden Nugget’s Reservations Dept.: 1-800-777-8477, option 2. You must state that you are with the Southern NJ Chapter of the Appraisal Institute (group code: AAPP22) to receive the discounted room rate.  Reserve your room by 5pm on Sept. 15th to receive the discounted rate! Valet parking is $15; self-parking in garage physically connected to the hotel is FREE!

Part of our “Seminars At the Shore” Series which includes Setting the Stage for Inputs:  An In-depth Look at an Inferred Market Study

Since it’s September, this is also known as the 26^th Annual September Symposium!

• Seminar developed & presented by Vincent M. Dowling, MAI, MRICS, SRA, M.Ed.
• TIME: 1:30 – 4:30 pm
• Register by August 1^st:  $80 members / $90 non-members
• Register After August 1^st:  $90 member / $100 members

• Includes lunch and afternoon snack

The program reviews the underlying risk factors that impact all real estate & the role of equity when acquiring and owning real property. Appraisal assignments generally seek to value the whole property as of an effective date and practitioners use the methods and techniques taught academically & gained while on-the-job. We will review factors that contribute to many factors including but not limited to overall & yield rates. It views investments from both the lender & equity investors positions.

     While the various types of risk will be discussed, tools used by lenders will also be reviewed. Salient issues such as loan-to-value ratios, breakeven analysis, sensitivity need to be addressed when valuing income producing property. While most of the program will be relevant for the general practitioner, many risk issues are confronted by residentially valuers.

     This short program will also focus on the role equity plays when evaluating the real property rights. The program looks at the appraiser’s responsibilities as its pertains to the role of equity under USPAP, Interagency Guidelines, and similar documents such as Florida Statutes Title XXXII Regulation of Professions and Occupations which are used to evaluate the reasonableness of an appraisal service.

Seven (7) CE credits total (each class is applied for separately with specific CE hours noted in this document) PENDING w/NJ of Real Estate Appraisers (reciprocal credits in PA), DE, Maryland & NY State; APPROVED by the Appraisal Institute.  If you need CE approvals for your state, contact Lisa: 856-415-0281 or lisamayweiss@hotmail.com.

Any & all cancellations are subject to an admin fee.  No credit/refunds for cancellations made on or after 10 days prior to class. No credit/refunds for no-shows. Our cancellation policy is stated on the registration portal.

Questions? Need help enrolling?  Email:  lisamayweiss@hotmail.com   Call: 856-415-0281

CLICK HERE FOR A PRINTABLE PDF OF UPCOMING EVENTS AND EDUCATIONAL OFFERINGS

ACCOMODATIONS

Discounted rooms available for Thursday: $75/room/night, plus taxes and fees. Call Golden Nugget’s Reservations Dept.: 1-800-777-8477, option 2. You must state that you are with the Southern NJ Chapter of the Appraisal Institute (group code: AAPP22) to receive the discounted room rate.  Reserve your room by 5pm on Sept. 15th to receive the discounted rate! Valet parking is $15; self-parking in garage physically connected to the hotel is FREE!

• Instructor: Mary Fox, MAI
• Check in begins at 3:45pm
• Seminar from 4-6pm, followed by dinner and chapter meeting

MANDATORY CLASS FOR NJ APPRAISERS ONCE A RENEWAL CYCLE

NJ Appraiser Law, Regulations   N.J.S.A. 45:14F-1, et seq. Real Estate Appraisers Act

Purpose: This course is required by NJ regulations every two years.  Students will learn about the law itself, the regulations that pertain to the law including specific areas noted in the regulation.

13:40A-5.4 (b):  All licensed and certified real estate appraisers shall be required to complete a two hour course on New Jersey law and rules governing the practice of real estate appraising.

When registering, choose your dinner:

• Grilled Salmon,
• Chicken Marsala,
• Ravioli in Vodka Blush Sauce

(Appetizers and bar included.)

CLICK HERE FOR A PRINTABLE PDF OF UPCOMING EVENTS AND EDUCATIONAL OFFERINGS

• Instructor: Susanne Curran, MAI, AI-GRS
• Check in begins at 8:15 AM
• Class starts at 8:30 AM       
• Test on the end of the 4^th day               
• THIS CLASS IS BEING HELD IN PERSON!     
• Click here for directions to Rutgers Eco-Complex Conference Center

Valuation of Conservation Easements is an advanced course designed for the appraiser who understands the methodology in the approaches to value and is ready to embark on understanding the intricacies involved in one of the most misunderstood and difficult types of appraisals.

Over 4 days, this intensive program will familiarize participants with conservation easement valuations in a variety of situations, including conventional appraisals, appraisals that are required to comply with the Uniform Appraisal Standards of Federal Land Acquisitions, and appraisals involving non-cash charitable contributions that are required to comply with IRS standards. Learning objectives will be accomplished through a series of lectures, in-class discussions, problem solving, homework assignments, and case-law analysis. Objectives:

• Recognize the methodologies and techniques commonly used in valuing conservation easements.
• Grasp state, federal, and IRS regulations and requirements relating to conservation easements.
• Identify the range of assignments that are common in valuing conservation easements.
• Develop an effective scope of work for a conservation easement valuation assignment and apply concepts of highest and best use analysis to that assignment.
• Apply a range of techniques to effectively carry out a conservation easement valuation.
• Identify the unique issues that may apply to conservation easements and complete the assignment(s) in accordance with the various state and federal agency requirements.

Note: This course is in the Valuation of Conservation Easements Professional Development Program. View this list of FAQs, which includes information regarding the courses you’ll need to complete the program successfully.

This course is approved for GBCI CE Hours by the USGBC.

After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins.

EDUCATION CREDIT: This course is approved in most states for continuing education credit. To verify, visit https://ai.appraisalinstitute.org/eweb/DynamicPage.aspx?webcode=AIStateApprovalByCourse&cecKey=56D27D8B-8361-459B-85B7-0E49395970D2&courseType=classroom

• Check in begins at 8:00am
• Seminar from 8:30am-4:30pm. (Includes continental breakfast and buffet lunch).        
• Instructors: Randall Bell, PhD, MAI and Michael Tachovsky, PhD

Complex Valuation is a new seminar developed to give appraisers the skills to value both detrimental and beneficial conditions. The field of “complex valuation” involves the real estate characteristics that are “atypical.” (Federal Regulations Part 34.42.).

Many, if not most, valuation assignments involve a straightforward application of the cost, income and sales comparison approaches to value. However, frequently complex issues arise that involve either beneficial or detrimental conditions that can influence the value of real estate. For example, beneficial conditions might result in an increase in value, such as discovering minerals or oil on grazing land. Detrimental conditions could result in a diminution in value, such as natural disasters or environmental contamination.

As real estate appraisers, understanding these complexities helps in developing a credible opinion of value in these types of assignments. Although many complex issues are addressed throughout appraisal literature and coursework, they are not presented as a single framework. The purpose of the Complex Valuation course is to provide real estate appraisers with a comprehensive understanding of the topic and focus on these various property conditions and the valuation methodologies to address them. Instructors present with a comprehensive PowerPoint presentation.

DESCRIPTION: The Complex Valuation Exhibits serves as a course outline, where case studies will be presented to compare and contrast each of the 10 categories, as well as present practical methods to address the different complex valuation issues. This framework is an extension of the ten categories found within the Appraisal Institute’s Real Estate Damages text, which has been utilized for over 30 years.

Furthermore, to address the array of complex issues, real estate appraisers are trained to use a variety of approaches and methodologies. The approaches include the three traditional approaches to value and the real estate damage approaches:

Within the different approaches to value, real estate appraisers can utilize a variety of techniques such as regression, paired sales, sale/resale, literature reviews, case studies, loss of use, project delay, and so forth. This course will present a general overview of the different techniques, including examples utilized in different complex valuation situations, and facilitate discussion.

Many class action lawsuits seek to address these complex valuation issues across numerous properties. The real estate appraisal profession plays an essential role in these lawsuits, as USPAP sets forth Standards 5 and 6, to address mass appraisal assignments. We will give a general overview of the different mass appraisal techniques an appraiser can consider and how these techniques can be utilized in mass-complex valuation assignments.

Questions? Need help enrolling? 

Email:  lisamayweiss@hotmail.com   Call: 856.415.0281

CLICK HERE FOR A PRINTABLE PDF OF UPCOMING EVENTS AND EDUCATIONAL OFFERINGS