15 Sep (H) Estimating Market Value of Commercial Property (H) Estimating Market Value of Commercial Property Thursday, September 15, 2016 (9:00 AM to 5:00 PM) 6CE credits CE Hours Details You're Registered! DescriptionLocationInstructors Estimating Market Value of Commercial Property FINALLY! A no-nonsense straight-talking introduction to the basics of estimating market value of commercial property! You will learn the basics of "real world" techniques used to estimate commercial value. And Earn 6 CE Credits... Do you want to speak with a degree of knowledge and authority to other practitioners, sellers, buyers, and investors about estimating commercial property value? If you do, this introductory guide to estimating basics is for YOU! Learn from DYNAMIC discussions on real-life examples of CASE STUDIES! The More you learn, the more you earn! Are you a residential agent transitioning to commercial real estate? Are you new to commercial real estate? If so, you need to quickly learn the basics of how to estimate the value of a commercial property-this guide is for YOU! Estimating Market Value of Commercial Property is a reader-friendly and easy-to-understand guide to the basics of estimating market value of commercial property. It will help you MAKE MORE MONEY! Section 1: Basics of Market Value Estimation How to Estimate Market Value Understanding the Market Area Diverse Determinants of Property Value Zoning Data and Usage Different Types of Real Estate Zoning Calculating Vacancy Rates by Property Type Calculating Property Absorption Rates Section 2: Approaches to Value Determining Highest and Best Value Three Approaches to Value Direct Sales or Market Comparison Approach Replacement Coast Approach to Value Income Capitalization Approach to Value Three Subcategories of Valuation Approach to Value Section 3: Estimation of Market Value by Commercial Category How to Estimate the Value of Multifamily Property How to Increase the Value of Multifamily Property How to Estimate the Value of Office Property How to Estimate the Value of Rental Property Using Direct or Market Sales Comparison Approach to Estimate Retail Value Using Replacement Cost Approach to Estimate Retail Value Using Income Capitalization Approach to Estimate Retail Value How to Estimate the Value of Hotels & Motels Seller's Discretionary Cash Flow (SDCF) Direct Sales Comparison Approach Replacement Cost Approach Income Capitalization Approach Gross Revenue Multiplier (GRM) How to Estimate the Value of Industrial Property Industrial/ Warehouse Property Comparisons How to Estimate the Value of Vacant Land Gross Rent Multiplier Pro Forma Projections Thursday, September 15 Miami HQ Special $119 for each or $198 for both classes Sign in 8:30am--Class 9:00am-5:00pm Members $119/Onsite $139 Non Members $139/Onsite $159 Dan Andrews Dan Andrews, GRI, RAM, ACP IS President of Commercial Real Estate Advisors, LLC. He is a former appraiser for the Equitable Life Assurance Life Assurance Society of America and is past Chairman of the Saginaw Township Corridor Improvement District Authority Board. Andrews has a Bachelor of Science degree from Virginia Tech and is former director of the University of Michigan Extension Service Real Estate Education Program, Ann Arbor, Michigan. He is an approved instructor for CE credits by Michigan, Indiana, Georgia, and Florida Real Estate Commission (FREC). He developed for REMAX's approximately 100,000 Global agents an Accredited Commercial Professional (ACP) 2-day course earn CE credits in approved States. Graduates of the Developing Dynamic Commercial Listing Presentations course will earn six CE credits from FREC. Andrews has leased, listed and sold millions in real estate and has spoken to nearly 40,000 individuals throughout the United States, Canada, the Caribbean Islands, REMAX Global Conferences and the International Franchise Organization.