May 31-June 1, 2017 at County of Los Angeles Department of Public Works in Alhambra
This course enables participants to demonstrate a basic knowledge of the valuation process and its components. Two case studies (residential and commercial) are utilized throughout the course. At the conclusion of this two-day course, participants will be able to:
Express an understanding of basic real estate terms and principles.
Demonstrate a basic knowledge of the valuation process and its components.
Discuss the definitions of ,and steps in, each of the three approaches to value (cost, sales comparison and income capitalization).
Solve problems which show an understanding of the three approaches to value.
Types and Uses of Appraisals
Types of Value
Area and Site Analysis
Highest and Best Use Analysis
Sales Comparison Approach
Reconciliation and Final Value Determination
Introduction to Partial Acquisitions
The Appraisal Process
*** Approved for 16 hours appraiser CE credits by BREA ***
INSTRUCTOR: Michael Popwell, SR/WA, is a California Certified General Appraiser and California Real Estate Broker. He provides real estate appraisal, consulting and redevelopment services to the private and public sectors and is currently consulting with the City of Los Angeles Department of Water and Power as an Appraisal Project Manager. Mr. Popwell previously worked 15 years in the public sector as the Real Estate Appraisal Manager for the Community Redevelopment Agency of the City of Los Angeles (CRA/LA), California’s largest redevelopment agency; and as the staff Economic/Redevelopment Consultant for the Community Development Commission of the County of Los Angeles. He received his BS in Business Administration from CSULA and his MBA from the Anderson School of Management at UCLA. He has been a member of IRWA Chapter 1 since 1997 and served as Chapter President in 2003.
COURSE COORDINATOR: Alexandra Nguyen-Rivera County of Los Angeles Department of Public Works 900 South Fremont Avenue, 10th Floor Alhambra, CA 91803 Phone: (626) 458-7052 Email: email@example.com