Participants will learn how to review every area of the appraisal to determine the credibility and reliability of the work submitted. This forum will introduce participants to the fundamental theories and relevant procedures used in valuing property by use of the income approach to value. The applications of the theories and procedures will then be put to work in determining the value of various types of income properties utilizing the income approach. This forum is of the introduction to intermediate level in difficulty. This forum will build upon and expand the skills acquired in the Income Approach To Value I forum.
Participants can expect to take a more in-depth look at the income capitalization process.
Advanced capitalization techniques will be reviewed and discussed in detail. This forum is of the intermediate to advanced level in difficulty. This forum will prepare participants for the defense of the values established for taxation purposes. Speaking skills, presentation skills and writing skills will all be discussed and explored. In addition, participants can expect to look at the rationale of presenting sound and comprehensible arguments for the decisions they reached.