Becoming Proficient in Fractional Interest Valuation

 

June 27, 2024
8:00 AM - 4:00 PM
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CDOT Meeting Facility
2829 West Howard Place
Denver, CO 80204
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This event will be held at the CDOT Facility.  2829 W. Howard Place, Denver, CO 80204.

Times are in MST.

Check in: 7:00am MST

Class Start: 7:30am MST

Lunch Break - Lunch will be included.  There will be a short break.  Due to a concert, all vehicles parked at CDOT will need to be moved by 3:45pm at the latest.  

Class Ends: 3:30pm ish MST 

Full Attendance is required to receive credit for this class. 

REGISTER HERE

This seminar is about real breakthroughs in fractional interest valuation. It offers the appraisers who have a foundation in the income approach everything they need to under-stand, communicate and execute fractional interest valuations, gain their client’s trust and emphasize their objective judgment, thereby proving their worth against the coming threats of AI and AVMs. The keys and resources you need to accomplish this are available to you in this eye-opening 7-hour seminar.

Part 1 – Fundamental Realities takes a surprising look at the origins of fractional interest valuation technology, how unfortunate past choices have made a multidis-ciplinary mess, and how we can be a big part of the solution. We then take an inside look at what judgment really means, and how valuation methods can be responsible for fostering both good and bad judgment.

Learning objectives

1. Understand how multidisciplinary valuation really works.

2. Realize why and how an entire practice niche needs a reset.

3. Recognize why what we do is indispensable.

Part 2 – The Story of Shared Ownership shows you how intangible benefits create shared ownership in the first place, and how understanding those benefits will al-low you to help your clients feel secure with buyouts and other market demands.

Learning objectives

1. Become familiar with the lifecycle of fractional interest holdings.

2. Recognize intangible benefits that have major effects on value.

3. Build on existing trust to help clients feel secure while they work through buyouts and other valuation challenges.

Part 3 – How You Can Do It Now demonstrates PrimusPVX online software that values fractional interests. Its dashboard guides the user through a carefully orga-nized checklist of all of the facts and circumstances that are likely to be important for the holder of a fractional interest in real estate. It’s algorithm completely elimi-nates the need to build valuation models, so the valuer is free to focus entirely on the right questions to ask, and apply their judgment exactly where it matters in the valuation process.

Learning objectives

1. Learn to ask the right questions, regardless of your disciplinary expertise.

2. Incorporate the facts and circumstances of the case in your story of value.

3. Discover how you can fit the scope of your work to your client’s needs.

4. Become proficient in fractional interest valuation.

Attendees will have everything necessary to add fractional interest valuation to their real property practice, or to support their existing valuation practice with essential fact checklists and supplemental models.