Educational Opportunities

2017 will be a great year for Assessment Education! 

Education is the key to staying current!

 

VALA Educational Offerings Plan

 

2017 IAAO Course Offering Schedule

Course 101 — Fundamentals of Real Property Appraisal  

IAAO Course 101 Fundamentals of Real Property Appraisal

August 14-18 8-5pm

Instructor: David Cornell, AQB IAAO Instructor

Location: Town of Hartford Building, Room 2, 171 Bridge Street, WRJct, VT 05001

Cost: $425 VALA members, $475 Non VALA members

Limited Enrollment: 25 AQB Approved: 33.50 hours CE with exam / 30 hours CE no exam; VPA II

The Fundamentals of Real Property Appraisal 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 and improved properties. This course concentrates on the skills necessary for estimating the market value of properties using two approaches to value: the cost approach and the sales comparison approach. The Fundamentals of Real Property Appraisal utilizes lectures, classroom discussion, and homework problems to emphasize the main concepts and procedures taught in the course.

Workshop 155 – Depreciation Analysis 

IAAO Workshop 155 – Depreciation Analysis

September 20-21 8-5pm

Instructor: David Cornell, AQB IAAO Instructor

Location: 81 Main St, Essex Junction, VT 05452

Cost: $285 VALA members, Non VALA members $300

Pre-Requisite: Course 101 IAAO recertification credit: 15 hours – 2 days; VPA III

Depreciation Analysis provides a comprehensive, advanced treatment of the techniques of estimating depreciation of residential property. Through a series of market oriented case studies and demonstration problems, types of depreciation and generally recognized methods for measuring depreciation are covered, with emphasis on the observed condition method. Depreciation measurements are applied to a single subject property, providing experience in analyzing the advantages and limitations of each method. This workshop includes an exam.

Course 112 — Income Approach to Valuation II 

IAAO Course 112 – Income Approach to Valuation II

October 2-6 8-5pm

Instructor: A. Christine Van Staden, CAE AQB

Location: Town of Hartford Building, Room 2, 171 Bridge Street, WRJct, VT 05001

Cost: $425 VALA members, $475 Non VALA members

Limited Enrollment: 25 Pre-Requisite: Course 101, Course 102 Bring a HP 12C Calculator or equivalent AQB Approved: 33.50 QE, 33.50 hours CE with exam / 30 hours CE no exam; VMPA

Income Approach to Valuation II is an intermediate level program designed for the practicing appraiser. It builds on the training of IAAO Course 102. An understanding of the income approach to value and practical experience with income capitalization are essential prerequisites. Problem solving require calculator with power key. This course makes extensive use of financial compounding and discounting techniques. Emphasis is on developing financial factors by way of electronic devises with only slight references to preprinted tables. Forecasting income patterns and property value changes are prominent variables used in estimating present values. Formula driven models are the primary appraisal tools versus look up tables and vertical calculations. Market value estimates through yield capitalization are the principal focus of the course.

Download Education Registration Form Here.

Pleas feel free to contact VALA Education Committee Chair Michelle Wilson at – committee.education@valavt.org – with any comments or requests 

If you are interested in the VALA courses, please contact Lisa Truchon – lisatnemrc@gmail.com

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 SCHOLARSHIPS

The Vermont Assessors and Listers Association is committed to creating educational opportunities through its scholarship program.  VALA’s objective has been to provide training and education that would improve the standards of assessment.  If you are interested in enhancing your professsional development through appraisal related courses and are in need of  financial assistance please download the scholarship request form below.

Scholarship Requirements and Application Form (Microsoft Word)

 

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 PVR EDUCATION NEWS!

 

For PVR sponsored courses go to: http://tax.vermont.gov/municipal-officials/certification-education-programs/online-registration

For NEMRC sponsored courses go to: http://www.nemrc.com/

 

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VLCT EDUCATION NEWS! 

 

 To review workshops/education opportunities please visit the VLCT link to their web page!

 

http://www.vlct.org/league-resources/workshop-materials/vlct-effective-property-tax-appeals-workshop-may-12-2015/

 

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  CHRISTIE WRIGHT, PVR DISTRICT ADVISOR

Christie discussed at the Vala Depreciation Class in White River Junction, check lists for Quality and Condition that were developed by John Westinghouse (another District Advisor).  She has  generously provided these forms for distribution and you can download them for printing by clicking on the links below.  Christie cautions Listers that they need to learn the difference between quality and condition but that they could then be good checklists for those parameters.

CONDITION OF QUALITY ITEMS Christie Wright 
RESIDENTIAL GRADE FACTORS from Christie Wright 
Copy of RESIDENTIAL QUALITY & CONDITION Christie Wright 

 

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