Introduction to Commercial Property valuation is designed to introduce a student’s previous knowledge and experience with the correct application of procedures and techniques required to estimate market value of general commercial properties, which include office properties, industrial properties, and retail properties. This class sets forth a methodical process for appraising general commercial properties and their intricacies.  The material presented in this class is designed to promote the ability to apply basic appraisal judgment and how this discernment applies. The course covers appraiser qualifications, inspection of commercial properties, nuisances and details regarding commercial properties, neighborhood concerns, site analysis, improvements analysis, and the three traditional approaches to value, adjustment techniques, the reconciliation process, as well as the necessary addenda items.  This is an introductory course, which also covers property types, data sources, for sales, rents, expenses, and capitalization rates, as well as general concepts regarding commercial property appraising.

This course covers the logic and critical thinking skills needed to convey sound conclusion and write more convincing reports.  A brief look at English as a second language and deeper insight into:  problem solving: decision theory: argument analysis: deductive reasoning: inductive reasoning: rhetoric versus reasoning: and much more!  This is a seminar that teaches not just improved writing skills, but improved thinking.  By learning the skill of appropriate precision and the art of making sense, appraisers can better defend their conclusions, their readers will have fewer questions, and their conclusions will have less challenges.