General Demonstration Report Writing
About this course
This program focuses on the mechanics of demonstration appraisal report writing and will help ensure that your presentation is logical and understandable. The program will also provide an extensive examination of the cost, sales comparison and income capitalization approaches; highest and best use; reconciliation and the final value opinion. This program is a prerequisite for the General Demonstration Report - Capstone Program option for the MAI designation path.
What you’ll learn
- Recognize the purpose of the demonstration of knowledge appraisal report admissions requirement.
- Recognize the suggested timing in the associate designation path when this admissions requirement should be challenged.
- Identify requirements for a successful demonstration appraisal report.
- Recognize how to select a subject property that provides the optimal opportunity for success.
- Identify the type of market information required.
- Identify how to prepare the report.
- Identify how to submit the completed report for grading.
- Identify the steps in the technical grading process.
- Identify the steps required to revise and resubmit an initial submission that did not receive a satisfactory technical grade.
- Recognize the steps in the factual verification process for submissions that have received a satisfactory technical grade.
Course curriculum
- Introduction
- Module 1: The Appraisal Institute Demonstration of Knowledge Requirement
- Module 2: The Demonstration of Knowledge Requirement and Additional Options
- Module 3: Traditional Demonstration Report Option
- Module 4: Grading
- Module 5: Demonstration Property Selection
- Module 6: Format and Introductory Information
- Module 7: Site and Improvement Descriptions and Analyses
- Module 8: Zoning and Taxes
- Module 9: Market Analysis
- Module 10: Highest and Best Use Analysis
- Module 11: Cost Approach
- Module 12: Sales Comparison Approach
- Module 13: Income Capitalization Approach
- Module 14: Reconciliation
- Module 15: Certification, Assumptions, and Addenda
- Conclusion
Course Provider
Appraisal Institute (AI)
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