C400 - Principles of Real Estate Appraisal

An introduction to the principles of real estate and real property valuation combining theory, case studies and problem-solving.

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.

Credentialing:

• Generalist: A core course that can be applied towards the RWA, RWP and SR/WA program.
• Specialist: Required course for the R/W-AC and R/W-URAC programs.

Topics:

• Types and Uses of Valuations
• Types of Value
• Area and Site Analysis
• Highest and Best Use Analysis
• Sales Comparison Approach
• Reconciliation and Final Value Determination
• Introduction to Partial Valuations
• Economic Principles
• The Valuation Process
• Market Analysis
• Cost Approach

Course Tuition includes:

• Participant Manual

Required Material:

• Financial calculator

Who should take this course?

This course is ideal for new valuers, for individuals contemplating entering the valuation field and for experienced valuers in need of a refresher course as well as land & rights negotiators who need to understand valuations.

Course 100SA

Principles of Land Acquisition

(South African Version)

This educational program is designed to ensure that Right of Way professionals maintain the highest standards of competency and provides the technical skills required for in this complex field:

• Property law concepts
• Contracts
• Rights in Property
• Environmental concerns
• Property descriptions
• Valuations
• Relocations
• Property management

Course 103

Ethics and Rights of Way

The first course for the career path towards an International Professional registration as a Rights of Way Professional.

This course will equip the delegates with:

• conduct yourself in a manner that is not detrimental to the public, the Association, or the right of way profession;
• comply with the Association’s Code of Ethics and Rules of Professional Conduct;
• identify misleading or fraudulent behaviour and act against it;
• not spreading misleading information;
• realise the impact of false claims;
• not to maliciously injure reputation of others;
• know how to use logos, trademarks, etc. for non-Association activities.

Course 213

Conflict Management

This course presents specific methods for reaching collaborative solutions and minimising negative aspects of conflict while maximising benefits of resolving conflict.

During this course, participants will learn how effective conflict management can open doors to healthier workplace relationships and more productive working relationships with both property owners as well as the general public.

This course is designed for right of way professionals and individuals who want to better manage their roles in interpersonal conflict and to develop better relationships.

Topics:

• What is conflict?
• The two consequences of conflict
• Seven common outcomes of “usual conflict”
• Nature and consequences of conflict
• How to identify “crazy-makers”
• Communication climate: key to conflict management
• Why conflict is natural
• Determine your own conflict style — self examination
• Coping with criticism
• Managing interpersonal conflict
• How processes and outcomes separate constructive from destructive controversies

Course 215

Right of Way Acquisition for Pipeline Projects

This course emphasises areas of pipeline acquisitions and sets the stage for the entire project planning and feasibility studies and is useful for any linear right of way acquisition projects, including electric transmission lines.

Course Description

This course is designed specifically for right of way professionals working in the pipeline industry but useful for any linear right of way acquisition program, including electric transmission lines. This comprehensive course emphasizes areas of pipeline right of way acquisitions that benefit both executive and entry level professionals.

In addition to the topic chapters listed below, participants will receive sample checklists, charts, forms, reference lists, facts sheets, glossary of pipeline related words, and sample correspondence letters, all of which are designed to help the pipeline professional.

Topics

• Project planning
• Records development and management
• Title and curative matters
• Survey
• Permits
• Negotiations and strategy
• Public relations
• Construction
• Damage settlement
• Related field activities

Course Tuition includes

• Participant Manual

Required Material

• Financial calculator