TEAM Consulting, LLC

Leaders in Property Assessment & Valuation

Self-Study Workshops


TEAM Consulting also offers many of the workshop materials in a self-study program, for those who wish to do the workshops at their own pace. The entire workshop, including the study program, examination and examination answers, is available in pdf format. Simply complete and return your order form with payment by mail, and the workshop materials will be emailed to you.  Order your copy of a "Workshop" today!


Unique and Challenging Homes – 1 day (New 2015)
Authors: Marion Johnson, CAE & Rick Stuart, CAE

This one-day workshop deals with unique and challenging home appraisal problems and by use of case studies and actual market data, steps the participants through the appraisal process of measuring value and/or value loss on such unique properties as tiny homes, container homes, straw bale homes and many more.


Development of Capitalization Rates – 1 day (Revised 2015)
Authors: Marion Johnson, CAE & Rick Stuart, CAE

When using the income approach to estimate the value of real estate one of the components that will need to be determined by the assessor/appraiser is the capitalization rate. This workshop will explore the difference between capitalization rates used in direct capitalization and a yield rate used in yield capitalization.  We will discuss the difference between an overall capitalization rate, a land capitalization rate and a building capitalization rate along with some other common terms used in capitalization rates discussion such as unloaded versus loaded capitalization rates, terminal capitalization rates.


Valuation of Barndominiums – 1 day (Revised 2017)
Authors: Marion Johnson, CAE & Rick Stuart, CAE

Purpose of this workshop is to provide some guidance and suggestions on the process of analysis and valuation of metal buildings converted to living areas. What we call Barndominiums. These are structures that appear to be metal clad farm buildings but part or all the structure has been finished on the interior and used as living area. Some are used as temporary living area while the owners construct a new stick-built home, while others are built as a permanent residence. The framing can be pole or steel.
 
 
Appraising After a Disaster or in Traumatic Events – 1 day (Revised 2016)
Authors: Marion Johnson, CAE & Rick Stuart, CAE

Stuff happens! Assessment officials are constantly faced with appraising property after a disaster – whether natural or man-made. Disasters discussed in this workshop will help you make some preparations in advance and possibly provide a blueprint in case your jurisdiction becomes affected by a disaster. Disasters are traumatic events but for the assessor’s not all traumatic events are disasters. In this workshop we will also provide some examples of extreme growth or economic changes and some steps that an assessor/appraiser can use to help make these extreme changes manageable. These traumatic events are a separate issue from disasters.

 

Valuation of Self Storage Properties– 1 day (Revised 2017)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
Almost every assessment jurisdiction has some type of self storage property on their assessment roll. Purpose of this workshop is to provide guidance and suggestions on the valuation process of self storage properties. The workshop will look at the different classifications of self storage and how all three approaches to value can be used to value these types of properties. Month-to-month leasing, the impact of new supply, reliance on external demand generators and management intensity all make analysis and valuation of these properties difficult. Also, included is some information on what authorities in the field say lies ahead for the industry. Several EXCEL spreadsheets and templates are included in this material to help in analysis and valuation.

 
 
Valuation of Lodging Properties – 1 day (Revised 2017)

Purpose of this workshop is to provide guidance and suggestions on the valuation process of lodging properties including hotel/motel properties. The workshop will look at the different classifications of hotel/motel properties, lodging terminology and how all three approaches to value can be used to value these types of properties. The workshop will also provide some internet web sites where additional information on the hotel/motel industry can be discovered. Also, included is some information on what authorities in the field say lies ahead for the
industry in the upcoming year or two. 
 

Valuation of Historic Properties – 1 day (Revised 2017)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
The purpose of this workshop is to provide some guidance and suggestions on process of data collection and analysis of historic properties. Information from various sources and areas of the United States will be used to help establish some processes and procedures to determine if the market reacts differently to historic versus non-historic properties.
Topics discussed are: USPAP, background information on National Register of Historic Places, definitions and designation as an historic place, websites and data sources, highest and best use analysis, review of economic principles and the three approaches to value. 
 

AAS Case Study Review – 2 1⁄2 day (Revised 2013)
Authors: Fred Chmura, AAS & Rick Stuart, CAE
The purpose of this workshop is to provide a review of materials and an understanding of the composition of a case study to help prepare for the AAS Case Study Exam. This is a guide emphasizing the most prevalent items to study for but cannot be all inclusive of what may actually be on the exam. Topics discussed are: USPAP, rates and levies, effective tax rates, economic principles, property definitions, ownerships and rights, three approaches to value, attributes in an effective tax system, role of the assessor, ratio studies and tax policy. Within the material will be multiple problems associated with the assessment and valuation processes and the workshop will conclude with a four-hour case study exam followed by a review of the answers.
Learn more about TEAM's AAS Case Study Review.
 

Preparation & Presenting a Valuation Appeal Workshop – 1 day (Revised 2016)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
Purpose of this workshop is to provide guidance and suggestions on the preparation and presentation of a valuation appeal from an assessor/appraiser perspective. The workshop will look at all levels of appeals including informal level, secondary level also referred to as formal level appeals (boards of equalization and state tax courts) and judicial appeals (district courts and court of appeals). Information from actual residential and commercial appeal documentation will be used to help illustrate some processes and procedures.
Topics discussed are: USPAP review, general information, and the appeal process, appeal preparation, presentation of appeals, residential valuation report, sample template and commercial valuation report. 
 

Valuation of Big Box Workshop – 1 day (Revised 2017)
Author: Marion Johnson, CAE & Rick Stuart, CAE
The purpose of this workshop is to provide guidance and suggestions on the valuation process of big box properties. Information from actual appraisals of big box properties will be utilized to help illustrate some processes and procedures. Topics discussed include: USPA preview, general information, market value versus value in use, highest and best use analysis, land valuation, the cost approach, the sales comparison approach and the income approach.


Valuation of Fast Food Restaurants Workshop – 1 day (Revised 2015)
Author: Marion Johnson, CAE  & Rick Stuart, CAE
The purpose of this workshop is to provide guidance and suggestions on the valuation process of fast food restaurant properties. Information from actual appraisals of fast food properties will be utilized to help illustrate some processes and procedures. Topics discussed include: USPAP review, general information, market value versus value in use, highest and best use analysis, land valuation, the cost approach, the sales comparison approach and the income approach.
 

Valuation of Green Residential Buildings Workshop Overview – New 2016
Authors: Marion Johnson, CAE & Rick Stuart, CAE 
Purpose of this workshop is to provide some guidance and suggestions on the process of analysis and valuation of green residential buildings. Information from various areas of the U.S. will be used to help establish some processes and procedures. Images and property characteristics of sold properties will be used.
 

Valuation of High-End & Difficult Homes Workshop  1 day (Revised 2017)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
Purpose of this workshop is to provide some guidance and suggestions on the process of data collection and analysis of high-end and difficult residential properties. Information from various areas of the U.S. will be used to help establish some processes and procedures. Images and property characteristics of sales and listed properties will be used. Topics discussed include: USPAP review, general information, cost approach, sales comparison approach, income approach, non-value analysis and articles of interest


Low End Residential Properties – 1 day (Revised 2017)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
The purpose of this workshop is to provide assistance in the valuation of low end and difficult residential properties that often create valuation issues. It is not unusual that these types of properties when sold have a sales ratio considerably higher than 1.00 and a very regressive PRD (Price-Related Differential). Discussion and data will center on lower valued residential properties and income and value associated with rental properties. The workshop will conclude with definitions and value issues on manufactured homes, modular homes and odd and unusual homes.


Valuation of Residential Land – 1 day (Revised 2016)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
This one-day workshop will provide some guidance and suggestions on the process of valuing vacant residential land. Information from various areas of the U.S. will be used to help establish some processes and determination of various influence factors. EXCEL spreadsheets will be used to help build a database of sales and use in calculating influence factors. Topics to be covered are: USPAP review, general land information, site analysis, land valuation methods, land influence factors, calculating adjustments, modified cost of development method, supporting documentation and recent land value article.
 

Manufactured Homes Workshop – 1 day (Revised 2013)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
This one-day workshop is designed to provide historical and current data to assist in the evaluation of Manufactured Homes. Topics for this session include history, trends, how to distinguish between manufactured homes, modular homes, panelized homes and pre-cut or kit homes, financing and Internet sources for research and information. All three approaches to value will be discussed and examples given. Considerable time will be spent on developing replacement cost new from the marketplace, comparing to cost manuals and calculating indexes. Depreciation and gross rent multipliers will be extracted from actual market data. Actual sales will be used to compare to cost manual value estimates and the workshop will conclude with two sections on questions and answers from assessors/appraisers and potential owners of manufactured homes.

 
Valuation of Mobile Home Parks Workshop – 1 day (Revised 2014)
Authors: Rick Stuart, CAE
This one-day workshop is designed to provide historical and current data to assist in the evaluation of Manufactured Homes Parks. The purpose of the workshop is to provide guidance and suggestions on the process of data analysis and valuation of Manufactured Home Parks or Communities. Information from various sources and areas of the United States are used to help establish processes and procedures. Some of the sources include links to the FannieMae database to find properties in your jursidication that have FannieMae loans and some appraisal information associated with the loan.  Additional updated expense ratios and forms for collecting property characteristics for valuation purposes. All three approaches to value will be discussed and examples given.



Reconstructing Income & Expense Statements – 1 or 2 day (New 2008)
Author: Rick Stuart, CAE
Purpose of this workshop is to provide some guidance and suggestions on the process of developing an effective income and expense form, review of the income approach, establishing operating expense ratios as part of the review process and analyzing income and expense statements for allowable and non-allowable expenses. Topics discussed include: USPAP review, income approach definition and formulas, forms and methods for data gathering and additional sources, templates for storing and using data, review of reconstructing income and expense statements and data analysis and interpretation.

 
Contamination & Valuation Issues Workshop – 1 day (Revised 2017)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
This one-day workshop deals with unique appraisal problems resulting from contamination and other issues.  The workshop uses case studies developed from actual market data, steps the participants through the appraisal process of measuring value and/or value loss. Topics include mold, mercury, meth labs, asbestos, ground contamination, oil spills, fracking, sinkholes, Chinese drywall, laminate flooring, snake infestations and stigma. This workshop discusses how to establish and use benchmarks from the market.


How to be a Better Manager – 1 or 2 day (Revised 2014)
Authors: Marion Johnson, CAE & Rick Stuart, CAE
This two-day workshop is designed to help participants become a better manager or if just starting in the manager position, it will provide guidelines and suggestions on how to be successful. Topics covered range from planning and organizing, budgeting, personal and communication issues, dealing with difficult people, dealing with legislators, consensus building and stress management. This is an interactive workshop that allows and encourages actual situations from the instructor and the student. Various forms and examples are provided to help the participant develop a procedure manual for the assessment office.