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Introduction to the Basic Income Approach - July 2023
Thursday, July 20, 2023, 8:00 AM - 5:00 PM CDT
Category: Events

 

 

                                                                                                              

MAAO Introduction to the Basic Income Approach 

July 19-20, 2023 
In person 8:00am - 5:00pm daily 

Holiday Inn & Suites 
St. Cloud, MN 

 

Click here to register

  Registration will close July 10, 2023, or when course size limit is reached.


Description: This 15-hour elective course is intended for those new to the income approach to value. It is highly recommended that students are not seasoned appraisers. In this 2-day course, students will be exposed to: 

     •    The income approach to value 

    •    The appraisal process model 

    •    Direct capitalization formulas – IRV and VIF 

    •    Compound interest functions 

    •    Income, expense, and lease analysis 

    •    Methods of calculating an overall capitalization rate 

Note: This class will be a 2-day format. This course does NOT qualify as a the 30-hour income course for licensure. There will be an in-person exam at the end of class on Thursday that students should plan to prepare for. Class size limit of 48 students. 

Credits: This course is a 15 hour, 2-day course with 14 hours of instruction and a 1 hour exam.  This course is eligible for 15 hours of continuing education. You do not need to take the exam if you only need CEHs, in which case you will only receive 14 CEHs. Please note that his course does NOT qualify as a 30-hour income course for licensure. 

Instructors: Kelsey Tur, SAMA, Commercial Appraiser, City of Maple Grove & Penny Vikre, SAMA, Assistant Cass County Assessor

 

Fee: MAAO Member - $225; Non-Member - $330 

Payment: Credit card only

 

Location: Holiday Inn & Suites, 75 37th Ave S, Saint Cloud, MN 56301 

Requirements: Calculator recommended

 

Textbook: Course materials will be provided in person during the course.

 

Hotel Group RateFor your convenience, a block of hotel rooms has been reserved at the Holiday Inn & Suites St. Cloud for $98/night. Reservations are the responsibility of individual attendees and must be made by July 7, 2023, to ensure the group rate. Reserve a reservation by calling the hotel at (320) 253-9000, option 0, and mentioning the MAAO room block. 

 

Student Expectations: This course includes 14 hours of classroom instruction during which students will be expected to participate in discussions, group activities, and coursework that may include but is not limited to reading, homework, problem solving, etc. both during and outside classroom hours.  There is also an in-person exam at the end of the course the student should plan to review for.  If alternative testing options are required, please contact [email protected] via email as soon as possible to discuss, and we will attempt to make reasonable accommodation. 

Food and Beverages: For student, instructor and employer convenience, lunch is included in your registration fee. A limited variety of refreshments and snacks are also included in your registration fee and will be available for AM and PM breaks. If you medically require a special diet due to food sensitivities or allergies, please email [email protected] as soon as possible, and we will attempt to make reasonable arrangements. 

 

ADA Policy: If you have a disability and may require some accommodations at any event, please notify us via email to [email protected] at least two weeks prior to the course, and we will attempt to make reasonable arrangements.

Cancellation Policy:  Cancellation requests received prior to 8:00am five business days prior to the start of the course will be issued a refund, less a $30 administration fee. Cancellation requests received after this time or registrants who fail to attend the course are responsible for the entire fee.  If a registrant is unable to attend the event, a substitute from the jurisdiction that paid the registration fee can attend at no additional charge. Please send written notification of this change or cancellation requests to [email protected]. Although it is not the policy of MAAO to cancel a course or seminar, MAAO reserves the right to do so and provide a full refund if the minimum enrollment level is not reached. Refunds will be issued within 30 days of the date of the course or conference. 

 

COVID Considerations: MAAO is following the current guidance from the Minnesota Department of Health. Each educational offering is subject to cancellation if mandated by the Governor or due to a change in COVID conditions. A 100% refund will be processed for any registrant due to a COVID-related cancellation. Attendance at any course is at the risk of the employer and attendee. MAAO will not be held liable.

Additional Information: Refer to MAAO's education FAQs and policies.

 

Click here to register

 Registration will close July 10, 2023, or when course size limit is reached.

If you are not currently a member of MAAO and would like to join to receive member-based pricing, click here to learn how to join MAAO.  Please allow one business day for membership application processing prior to registering for courses and seminars.


Contact: [email protected]