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Appraisal Review: Income Capitalization Approach
Managing the Commercial Real Estate Appraisal Function
ABA/Appraisal Institute Telephone Briefing Series*
Bank examiners and regulatory agencies are scrutinizing commercial real estate appraisal management procedures now more than ever before. Examiners continue to review the independence of appraisal functions but also appraisal procurement and review processes by banks. Further, market conditions are exposing financial institutions to new risks but strong risk management practices can mitigate these risks. At the same time, strong collateral valuation policies and practices can help banks weather the ups and downs of the real estate market.
In this recording of the third of four live, joint ABA/Appraisal Institute presentations held on February 10th, both bankers and appraisers will examine the important role of appraisal review, focusing specifically on the income capitalization approach. Participants will be presented with the key concepts involved in reviewing appraisal reports that utilize the income capitalization approach. Appraisers will learn how they can provide value-added services to their bank clients.
(The member registration fee for each program in this series of 4 briefings is $255; $385 non-member. The cost of purchasing the entire series is $1,020/$1,540.)
| Program Date |
Audio CD Now Available |
| Per CD Fees** |
$255 ABA/AI Member/Service Member • $385 Non-Member |
| Registration |
Not applicable |
| Audio CD |
Order online (PDF) |
| Credits |
This recording has been approved for 2.5 CRCM or CLBB continuing education credits. |
Topics to be addressed
Order and review appraisals within their bank
Interpret a commercial appraisal report containing an income capitalization approach
Recognize considerations that can help the appraiser develop a well supported income comparison approach
Identify the steps used to calculate and communicate this approach
Be familiar with the type of income capitalization data that is needed
Distinguish between a strong, well-organized, coherent income capitalization approach
and a weak one
Identify sources of capitalization rates
Address factors pertinent to valuing non-stabilized income properties
Examine the reconciliation process.
Speakers
- Robert Seiwert, Senior Vice President, Center for Commercial Lending and Business Banking, American Bankers Association, Washington, DC (moderator)
- Nikki Griffith, MAI, Sandollar Realty Advisors, Kennewick, WA
- George Mann, MAI, SRA, Collateral Evaluation Services, Inc., Cincinnati, OH
Upcoming Topic:
(The member registration fee for each program in this series of 4 briefings is $255; $385 non-member. The cost of purchasing the entire series is $1,020/$1,540.)
Who Should Attend
- Real Estate Appraisers
- Bank Staff Appraisers
- Commercial Lenders
- Relationship Managers
- Chief Lending Officers
- Loan Review Officers
- Credit Officers
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- Credit Analysts
- Compliance Managers
- Auditors
- Bank Counsel
- Senior Bank Managers
- Credit Policy Officers
- Credit Risk Manager
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*ABA's Telephone Briefings include reference materials and telephone audio. Telephone/Webcast Briefings include reference materials, telephone audio, and simultaneous webcast presentation (requires 56K or faster with JavaScript and cookies enabled in the browser, i.e., Microsoft Internet Explorer 4.0 or later, or Netscape 4.7X).
**Each site license (registration fee) entitles you to one phone connection and one Internet connection (when there is a simultaneous webcast presentation) where an unlimited number of listeners can participate.
Any transmission, retransmission or republishing of the audio or Web portions of this briefing is strictly prohibited.
Questions? Please contact Joe Mach / Linda Shepard / Cari Hearn for more information.
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