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POSTPONED: Advanced Market Analysis and Highest & Best Use
Monday, May 11, 2020, 8:00 AM to Friday, May 15, 2020, 5:00 PM EDT
Category: Education

Due to COVID-19 this event has been postponed. We will communicate the new date when it's determined.

Combining the analytical processes of market analysis, highest and best use, and income valuation, this course is intended for those who have taken and passed the General Appraiser Market Analysis and Highest & Best Use course and have a thorough understanding of the mathematical and financial principles necessary to perform appraisals of income-producing properties.

Building on the Level B marketability analyses that were applied in General Appraiser Market Analysis and Highest & Best Use, you will perform Level C marketability analysis using fundamental analysis and study several real estate markets in a fictional city.

You will explore the economic base of the fictional city, which serves as the subject and example of both physical and economic forces that affect all communities and consequently all real estate.

In the remainder of the course, you will work through four case studies (apartment and condominium conversion, retail, industrial, and land with potential for mixed-use development) that demonstrate both the power of fundamental market analysis and its application to highest and best use decisions.

Qualifying Education (QE) Credit
This course has been approved for 30 credit hours by the NC Appraisal Board. 

Instructor: Larry Wright, MAI, SRA, AI-GRS

Larry Wright has appraised real property rights for over 40 years and holds the MAI, SRA, and AI-GRS designations. He is also real estate broker and is a Realtor.

He has a B.S. degree with a major in mathematics and a minor in physics from the University of Oklahoma.

He has extensive experience in commercial and residential real estate valuations, training and forensics. He has testified as an expert witness in the valuation of real property and provided professional services as a market analyst.

An approved instructor for the Appraisal Institute since 1997, he has participated in developing and writing many courses and seminars.  He has contributed to the professionon on a national level as a member of the Board of Directors, Education Committee, the Vice Chair of the Appraisal Journal Editorial Board and Chair of the Peer Review Panel, the Body of Knowledge Committee and other committees and programs. On the chapter level he has served as President of the Houston Chapter and still serves on local committees.

On a personal level, I was awarded the Bronze Star for meritorious service in Vietnam, 1971 to 1972. My wife and I are looking forward to soon becoming grandparents.