The Cost Approach: Unnecessary or Vital to a Healthy Practice?
Jan 24, 2019 8:00 AM
Jan 24, 2019 4:30 PM
Arrowwood At Cedar Shore Resort
Bridges Conference Center
Craig Steinley, SRA, AI-RRS
About the Course:
The mindset that the cost approach is unnecessary for credible assignment results, or that it is not relevant to valuing a 1-4 unit property, will often limit the potential professional growth and diversity of an appraiser. It will also leave him or her ill-prepared for the atypical assignments that would otherwise grow and strengthen their practice.
More importantly, a decline in the day-to-day use of the cost approach leaves a residential appraiser with an incomplete ability to properly support adjustments in the sales comparison approach, to understand trends in market conditions that are often driven by building costs, and to recognize and quantify the forms of depreciation that can affect residential improvements.
Approved for 7 hours of Appraisal credit in SD, WY, ND, and pending approval in MN
About the Instructor:
Approved for 7 elective hours of SD Real Estate Commission Credit
Craig Steinley, SRA, AI-RRS, is a SD Certified General Appraiser, a contracted USPAP compliance examiner with the SD Department of Labor and Regulation, and an AQB-Certified USPAP Instructor.
Early Bird Pricing, Register by Tuesday, January 7, 2019:
Members of PAASD and ASFMRA: ...$175 (ASFMRA, Please use coupon code asfmra)
Non-Members: ..................................$300 INCLUDES one year PAASD membership for 2019 - a $125 value
After January 7, 2019, Regular Price:
Members of PAASD and ASFMRA: ...$200 (ASFMRA, Please use coupon code asfmra)
Non-Members: ..................................$325 INCLUDES one year PAASD membership for 2019 - a $125 value
Thursday, January 24, 2019
Sign-In: 7:30am Central Time
Class: 8:00am to 4:30pm Central Time
Lunch: 12:00pm to 1:30pm - PAASD Membership Meeting during lunch
Location: Arrowwood Resort & Conference Center at Cedar Shore Resort
Take Exit 260 from I-90 - follow W Hwy 16 to Shoreline Dr
Professional Appraisers Association of SD Room Block - $89.95 until 12/22/2018
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PLEASE... Dress in layers as the temperature in hotel classrooms is difficult to regulate.
Breaks and lunch included
Call Bev Luke, 605-716-9011 or email: email@example.com if you have questions.
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