CPD 105: Highest and Best Use Analysis
- December 6, 2023: 9am-11am PST
- 2-4 AIC CPD Credits: 2 credits for attending the entire session, plus up to 2 additional credits for completing pre-readings and quiz
- Price: $95
- Register
The highest and best use of land is foundational to valuation and is also integral to all real estate professions ranging from land use planning to property management and everything in between. A highest and best use analysis is required in every appraisal, but it can also be a stand-alone consulting product offered by valuation professionals, or related market studies and marketability analyses. The highest and best use may appear obvious In a stable homogenous market area; however, a deeper dive may reveal things are not as they appear. In neighbourhoods in transition highest and best use is one of the most challenging, thought provoking, and interesting aspects of valuation. In this 2 hour webinar, the instructors will provide the foundational theory underpinning the highest and best use of land as well as practical examples and case studies that demonstrate highest and best use best practices and pitfalls for both vacant and improved properties across a broad range of property types.
After completing this course, students should be able to:
- Define highest and best use.
- Discuss the importance of highest and best use in the valuation process.
- Explain how the criteria for highest and best use are applied in reaching a reasoned conclusion.
- Define and differentiate the highest and best use of land as if vacant and as improved.
- Describe the application of highest and best use involve under- and over-improvements.
- Explain how highest and best use analysis applies to special situations, such as non-conforming uses, interim uses, and special purpose uses.
- Discuss financial, legal, social, and political ramifications of highest and best use decisions in various contexts (e.g., financing, development, property tax assessment, expropriation).
Instructors
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Charles Johnstone
Haydn Johnstone
CPD 132: More than Just Form-Filling: Creating Professional Residential Appraisal Reports
- November 30, 2023: 9am-11am PST
- 2-4 AIC CPD Credits: 2 credits for attending the entire session, plus up to 2 additional credits for completing pre-readings and quiz
- Price: $95
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Quiz anticipated to be available by June 2024
- Register
This webinar course explores how residential appraisers can use appraisal forms to their full advantage, yet still produce professional results. In light of challenges from AMCs and AVMs, residential appraisers must re-think the “value” relationship – in terms of both the credibility of their market value conclusions and the value they offer clients. More detail in appraisals helps both goals -- not only do you avoid difficult questions later, but you also produce a more detailed, more professional appraisal that may better address your client’s needs and thus better support your desired fees. Win-win! This webinar outlines the common areas for difficulties with residential form reports and suggests practical solutions to avoid these issues.
Instructors
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Dan Brewer
Deana Halladay
CPD 162: Corridor Valuation
- December 8, 2023: 9am-11am PST
- 2 AIC CPD Credits: 2 credits for attending the entire session
- Price: $95
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This course explores considerations and techniques for the valuation of corridors and right-of-ways. This specialization brings many challenges and opportunities, reflecting the complexities of legal, physical, and financial considerations arising. The presentation will outline the players and processes in this field, illustrating its potential with case studies.
After completing this lesson, the student should be able to:
- Define corridor and right-of-way, including the underlying legal elements.
- Explain the process for negotiation and/or expropriation of property interests related to corridors.
- Discuss the key qualities of an effective property agent and how to get started in this field.
Instructors
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John Peebles
CPD 164: Real Estate for Everyone: Working Towards a Positive and Thoughtful Profession with an ESG Perspective
- November 17, 2023: 9am-11am PST
- 2 AIC CPD Credits: 2 credits for attending the entire session
- Price: $95
- Register
This session explores the emerging focus on social and governance considerations in real estate (ESG, environmental, social, governance). Through the words of diverse industry professionals, the session will establish a fundamental understanding of these ESG elements, and foster a real-world awareness of effective decision making and management. This interactive session applies an interdisciplinary perspective, drawing from real estate examples and building on existing participant knowledge.
After completing this lesson, the student should be able to:
- Define environmental, social, governance (ESG) considerations and explain the relevance of each element to the real estate profession.
- Discuss how ESG principles are implemented in effective decision making and management.
- Outline equity, diversity, and inclusion (EDI) considerations at the intersection of ESG principles and explain their application in real estate practice, both as an employer and as a professional.
- Outline the role of the professional in advocating for development of standards which can be communicated to and informed by the public (governance perspective).
- Outline the role of the real estate professional in advocating for transparency and positive change (social perspective).
Instructors
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Brian Gay
Bruce Turner
Ayda Chamcham
Alexandra Faciu
Marcel Parsons
CPD 165: First Principles and First Nations: Reframing Canada’s Real Estate through an Indigenous Lens
- December 5, 2023: 9am-11am PST
- 2 AIC CPD Credits: 2 credits for attending the entire session
- Price: $95
- Register
The CPD 165 webinar explores Canadian real estate through a decolonized lens, looking beyond the models, data analysis, and methodologies that have typically been associated with valuation. Using the Blackfoot sweat lodge structure - forgiveness, request, healing, and gratitude - the group of presenters will discuss real estate in Canada from an Indigenous perspective through ceremony and storytelling, bringing into focus elements that are not always at the forefront of valuation. This webinar is intended to broaden the perspectives of attendees, who are invited to listen, engage, and reflect upon of the multi-faceted nature of real estate in Canada.
With a focus on experiential learning, this webinar may be different from the typical CPD webinar structure you have come to expect, but it will be an important and meaningful experience for all who attend.
After completing this lesson, the student should be able to:
- Describe the historical relationship between Canada and the Indigenous Peoples of this land, including the evolution of the Indian Act and the inherent right of self-government.
- Defined applicable legal terms including Indian Status, Aboriginal title, and Aboriginal rights.
- Explain the dichotomy between Western individualistic land holdings and Indigenous collective land holdings.
- Discuss the concept of a beneficiary within estate law and through an Indigenous lens.
- Better understand how real estate professionals might be of service to the Indigenous Peoples of this land.