Residential Sales Comparison and Income Approaches

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Residential Sales Comparison and Income Approaches has earned an average of 4.36 out of 5 stars from 4226 ratings.
With a focus on two of the primary approaches used to value real property, this course reviews the income property principles that affect the appraisal of residential properties. Interactive problems and case studies help illustrate the key concepts in practical ways. In addition, this course sets a foundation for more advanced general appraiser classes by touching on the principles of income capitalization. 

Following the course material is a mandatory three-hour proctored exam that must be taken in a monitored setting. An HP12C calculator is also required for certain portions of this course.

Chapter list:

1. Valuation Principles and Procedures of the Sales Comparison Approach
2. Sales Data
3. Analysis Techniques of the Sales Comparison Approach
4. Procedures of the Sales Comparison Approach, Partial Interests, and Real Property Rights
5. Financing Terms and Cash Equivalency
6. Market Conditions
7. Location Adjustments
8. Physical Characteristics Adjustments
9. Completing the Sales Comparison Approach
10. Economic Principles and Types of Value
11. HP 12C Calculator
12. Six Functions of a Dollar
13. Financial Calculator Introduction (HP 12C Calculator)
14. Income Multipliers
15. Income Capitalization Approach – Single Unit Properties
16. 2-4 Unit Residential Income Property Appraisal
17. Operating Income Statement
18. Small Residential Income Property Appraisal Report
19. Reconciliation
20. Final Exam

Appraisal Licensing Course Ratings and Reviews

McKissock is rated 4.4 out of 5 by 4220.
Rated 4 out of 5 by from I've never had to use a hp 12C calculator. This was very difficult and seems to be something that I will never use again.
Date published: 2021-02-25
Rated 2 out of 5 by from take a week off for this course. otherwise, by the time you reach the end of course, you may have forgotten the beginning.
Date published: 2021-02-22
Rated 5 out of 5 by from It was a little difficult. In particular, it seems that several definitions have appeared repeatedly. But it was a great class.
Date published: 2021-02-21
Rated 3 out of 5 by from It is a decent program. The problem is that the course does not differentiate between what information is truly relevant and what is not as important.
Date published: 2021-02-15
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