The North Star Chapter of the Appraisal Institute is dedicated to developing strategic partnerships to advance, promote, and uphold the valuation profession, our Chapter members, Appraisal Institute, and its designations.
Instructor: Stephen F. Fanning, MAI, AI-GRS
Description:
This AQB-approved course will help you apply meaningful market analysis in valuation assignments. It presents the basic concepts and terminology of market analysis and marketability studies, then shows how marketability studies provide vital information for the highest and best use decision. Throughout the course, the emphasis is on conducting a reliable analysis of demand. You’ll gain practice in applying methods for inferred, or trend, analysis to three property types—a suburban residential subdivision, an existing multifamily property, and an office building. Using the tools introduced in the course will help you increase the reliability of your highest and best use analyses and support the conclusions you reach in the three approaches to value.
Instructor: Harold S. McCloud, MAI, AI-GRS
Description:
This course synthesizes basic and advanced valuation techniques taught in previous courses, and addresses consistent treatment of the three valuation approaches for various valuation problems. Case studies teach participants how to address common but complex appraisal issues, including a leased fee not at market rent, a proposed property, a property in a market not at equilibrium, and a subdivision. The course emphasizes the need to test the reasonableness of conclusion in an appraisal.
Instructor: Brett W. Hall, MAI, SRA
Description:
Learn how to solve a variety of land valuation and feasibility problems using less commonly used land valuation techniques in this one-day seminar. Interactive case studies and discussion topics cover highest and best use considerations, land residual analysis, contamination, impacts of tax increment financing on feasibility, condemnation, subdivision analysis, unit of comparison selection, and alternatives when inadequate land sales exist. Problem identification, assignment conditions, scope of work decisions, and standards of practice are reviewed in each problem and solutions are discussed. Lively class discussion and interaction will result as problems are explored.
Instructor: Brett W. Hall, MAI, SRA
Description:
This one-day update course, copyrighted by The Appraisal Foundation, focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. The course, which clarifies several commonly misunderstood aspects of USPAP, will aid participants in all areas of appraisal practice seeking updated competency in USPAP, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.
Instructors: Byron E. Miller, SRA, AI-RRS
Description:
A regulatory complaint has been filed against you. Now what? Discover why state boards and agencies make the decisions they do, what federal oversight requirements guide them, and how a state regulator’s investigation (including disciplinary action) proceeds by peeking behind the regulatory curtain. Developed by Craig Steinley, SRA, AI-RRS, current President of AARO (Association of Appraiser Regulatory Officials), with input from regulators and board members (who are appraisers) and attorneys who defend appraisers, this 4-hour seminar discusses who files complaints, due process for an appraiser, and the steps to take when you are named in a complaint. With this knowledge, you’ll have an advantage in resolving a complaint and better yet, avoiding one in the first place!
Instructor: Craig M. Harrington, SRA, AI-RRS
Description:
This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, market area analysis, highest and best use, and ethical considerations.
The course should provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue.
By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as basic appraisal principles.
If you are considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles.
Co-developed by the Appraisal Institute, ASA, and ASFMRA
Instructors: Brett W. Hall, MAI, SRA
Description:
This six hour Minnesota Supervisory Appraiser/Trainee Course targets all individuals who became Supervisory Appraisers or Trainee Appraisers on Jan. 1. Many MN Appraiser Supervisors were under the impression, that if they were a supervisor, or a trainee, prior to 1/1/2015; that the new law did not apply to them. Appraisers understood they would be ‘grandfathered’ into this new law. This is correct, they are, but for the original supervisor/trainee relationship they had as of January 1. HOWEVER, if a supervisor adds any NEW trainees, or if a trainee works with another licensed/certified appraiser, who was NOT their supervisor on January 1; then attending this course is a requirement for these individuals involved.
Instructor: Craig M. Harrington, SRA, AI-RRS
Description:
Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process:
Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation.
The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics.
Instructor: Brett W. Hall, MAI, SRA
Description:
This one-day update course, copyrighted by The Appraisal Foundation, focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. The course, which clarifies several commonly misunderstood aspects of USPAP, will aid participants in all areas of appraisal practice seeking updated competency in USPAP, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.
Instructors: Brett W. Hall, MAI, SRA
Description:
This six hour Minnesota Supervisory Appraiser/Trainee Course targets all individuals who became Supervisory Appraisers or Trainee Appraisers on Jan. 1. Many MN Appraiser Supervisors were under the impression, that if they were a supervisor, or a trainee, prior to 1/1/2015; that the new law did not apply to them. Appraisers understood they would be ‘grandfathered’ into this new law. This is correct, they are, but for the original supervisor/trainee relationship they had as of January 1. HOWEVER, if a supervisor adds any NEW trainees, or if a trainee works with another licensed/certified appraiser, who was NOT their supervisor on January 1; then attending this course is a requirement for these individuals involved.
Summer Chapter Meeting
Wednesday, September 11, 2019
Time: TBD
Location
TBD
Speaker
Tony Barranco, Senior Vice President, Ryan Companies
Description
Tony Barranco, SVP of Ryan Companies, will update our Chapter on the Ford Site Redevelopment Project in St. Paul.
Fee
For those in the 7-county metro area, there is no fee for this meeting if you have paid your Chapter Service Fees (CSF) for 2019. Please remember that the CSFs are due, and if you have not yet paid, please contact the central office at 651-925-5528 to submit payment. We will also be accepting a check payment at the meeting.
For our Guests and those who belong to the North Star Chapter and do not pay the 2019 CSF, the fee for this meeting is $50.00.
Register
Registration coming soon!
In this quarter’s Chapter President’s Message, Josh Folland, MAI (left, pictured with 2019 Appraisal Institute President, Stephen Wagner, MAI, SRA, AI-GRS) recaps an exciting year and sets the stage for exciting Chapter developments in 2019.
We are a Chapter of the Appraisal Institute, the foremost organization for real property valuation specialists. Chapter membership includes Designated Members, Candidates for Designation, Practicing Affiliates, and Affiliates who reside within the boundaries of Minnesota, North Dakota, two-thirds of South Dakota, ten counties in Wisconsin, and the Canadian Province of Manitoba. LEARN MORE
