IAAO 102: Income Approach to Valuation

    Registration is closed for this class. You can complete the online registration and be put on the waitlist. We will contact you if you clear. 

    The Income Approach to Valuation is designed to provide the students with an understanding and working knowledge of the procedures and techniques required to estimate the market value of vacant or improved properties by the income approach. The material covers real estate finance and investment, capitalization methods and techniques, analysis of income and expenses to estimate operating income, selection of capitalization rates, and application of the approach. The Income Approach to Valuation utilizes lectures, classroom discussion, and homework problems to emphasize the main concepts and procedures taught in the course.

    Logistics: 

      • This class is being offered in-person only.  
      • Fee is $565 and includes the Student Reference Manual. 
      • Food and Beverage: Boxed Lunches are provided each day except Friday
      • Class is from 8:30am – 5:00pm 
      • Exam: Discussed at the beginning of the first day of class

    Class Location/Hotel:

    The class will take place at:

    Aloft Raleigh-Durham Airport/Brier Creek 
    10020 Sellona Street
    Raleigh, North Carolina 27617
    919.957.8523

    Rate: $99/night beginning Sunday, August 7th - Friday, August 12th  
    Deadline to book: August 1
    Group Online Booking link: https://www.marriott.com/event-reservations/reservation-link.mi?id=1657143798968&key=GRP&app=resvlink (you will need to adjust the check-out date on the booking site to the 12th) 
    For call-in reservations: Group name- IAAO Class 

     

    Pre-requisites: IAAO 101: Fundamentals of Real Property Appraisal is recommended but not required. For more information on IAAO 101, visit https://www.sog.unc.edu/courses/iaao-101-fundamentals-real-property-appraisal

    IAAO courses are offered by the Property Tax Education Partnership, a collaboration between the UNC School of Government and the NC Department of Revenue.  Please refer to the PTEP Education Calendar for course information.

    Questions about the curriculum should be directed to UNC School of Government faculty lead, Kirk Boone, at (919)962.7434. For questions regarding certifications and CE, please see below.  

     

    Certification and Continuing Education Information:

    NCDOR Certifications: SOG courses qualify for mandatory Assessor and Appraiser certification and continuing education requirements (CE), as well as the optional Level II and III appraiser certifications and CE, as described: HERE.

    IAAO Designations: This course meets a requirement for the following IAAO designations: CAE, RES, AAS, PPS, MAS.  Please click HERE for more information on IAAO designations. This and all IAAO courses taught by SOG qualify for IAAO CE. IAAO requires a course transcript with classroom hours as well as the course certificate for IAAO CE. 

    NCAB CE: This course qualifies for 30.0 CE credits with the NCAB.

    More information on NCAAO, NCTCA and other certifications and designations is available in this School of Government Blog: HERE.

    CE hours: 30.0 with no exam, 33.5 with the exam 

    There currently are no scheduled offerings of this course.

    Materials: 

    • A Student Reference Manual (SRM) is included with your tuition and will be used in class. You will receive this on the first day of class. 
    • Optional Reference Material: Property Assessment Valuation (PAV)  (3rd edition) is not required but is very useful. You may purchase this directly from IAAO by visiting https://www.iaao.org/Store/detail.aspx?id=BK0097

    Logistics: 

    • This class is being offered in-person only.  
    • Fee is $565 and includes the Student Reference Manual. 
    • Food and Beverage: Boxed Lunches are provided each day except Friday
    • Class is from 8:30am – 5:00pm 
    • Exam: Discussed at the beginning of the first day of class

     

     

     



    For all registration questions, resetting passwords, or login issues please contact:

    Dale Zuckert

    Assistant Registrar
    919.966.4414
    For questions regarding course details, including location, schedule, materials, and continuing education credits, please contact:

    Susan Hutchinson

    Program Manager, Local and State Government Group
    919.966.4171
    Teaching Assistant Professor in Public Finance and Government
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