UPCOMING EDUCATION

Wed., Oct. 16, 2024	Impact of Short-term Rentals (on Real Property Valuation)
	Held on Zoom
	12:45 pm check in 1:00 pm - 5:00 pm class
	Instructor: Douglas Potts, MAI, AI-GRS
	7 CE hrs CE CREDITS APPROVED IN DE, MD, NJ, & PA
	Appraisal Institute Members $185 Non-Members $195
	Short-term residential rentals (STRs) play an increasing role in the global sharing economy. It’s important that appraisers, lenders, and underwriters become familiar with the nuances of valuing these properties. In this seminar, you will gain a basic understanding of the global short-term rental market plus increased awareness about the impact of STRs and the emerging methods, or best practices, required to develop credible valuations of this property type.   The seminar provides an overview and brief history of the short-term rental industry, information on aspects of value, FF&E, capitalization rates, going-concern value, motivations of property owners, and proper methods of research. Case study examples demonstrate how to value single-unit, multi-unit, and mixed-use properties that include an STR component.
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Thur., Nov. 7, 2024	The Review Process: What We’re Looking for in Commercial Appraisals and Why
	Grotto Pizza 1159 N. DuPont Hwy Dover, DE
	10:00 am - 12:00 pm class 12:00 pm - 1:00 pm lunch and Chapter meeting
	Speakers: ·         Lissa Brutus, Assistant Vice President, Real Estate Services Appraiser, WSFS Bank ·         Doug Cesky, Review Appraiser, Horizon Farm Credit ·         Alexander D. Knight, MAI, AI-GRS, Vice President, Commercial Appraisal Department, Senior Commercial Appraiser, M&T Bank
	2 CE hrs CE CREDITS APPROVED IN DE, MD, & NJ (PA reciprocal with NJ)
	Appraisal Institute Members $30 Non-Members $45
	·         Examine the types of additional requests commonly received by appraisers from their Lender/Clients. ·         Discuss the background and reasoning behind the Lender/Clients requests to gain a better understanding why a client would be motivated to ask for, and underwrite for, those new assignment elements. ·         Review common elements of expanded scope of work and consider alternative strategies for addressing the client concerns. ·         Consider the importance of “due diligence” in the development of an appraisal in today’s lending environment. ·         Present alternative tactics that may be employed to better explain and support the appraiser’s analysis and conclusions in the appraisal report. ·         Promote awareness of the importance of appraisals in society and the need for independent, impartial & objective appraisals that build confidence and public trust.
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Questions? Need help enrolling?  Email LisaMay.Weiss@appraisalinstitute.org, call 856-415-0281
Any and all cancellations are subject to a $10 admin fee.  No credit/refunds for cancellations made on or after 7 days prior to class.  No credit/refunds for no-shows.  Our cancellation policy is stated on the registration portal. CE certificates are available in the same portal within 7 days of the seminar. Make sure your current licenses are listed, or no certificate will generate for that state.
FOR ZOOM OFFERINGS: Students must have computer, webcam and microphone capability to participate and receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information.  You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar and allow Virtual education in place of classroom education.  Contact the chapter with questions regarding participation guidelines.