Category Archives: Appraisal Course

March Meeting: To Be Announced

The March Chapter Meeting will be held on Wednesday, March 20, 2019, at the Doubletree Guest Suites, Plymouth Meeting, PA. The Board of Directors will meet at 5:30 pm; all ASA members are welcome. The general meeting starts at 6:30. The guest speaker will be announced shortly.

As seating for this talk is limited, please register early for this educational evening which qualifies for 2 hours credit toward ASA reaccreditation. Please RSVP by mail (address below) or by email by Friday, March 15.

Dinner is $35 per person for members and guests. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Only Page. Otherwise please make checks payable to ASA Philadelphia Chapter 35 and send to Administrative Assistant Anita Luciani by mail to ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140.

3-HR Pennsylvania Understanding Leases Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor a three-hour Pennsylvania Continuing Education class — Understanding Leases on Wednesday, November 28, 2018 from 9:00 am to noon at Andy’s Diner, 2224 Lincoln Highway (Rte 1) Trevose, PA 19053 (215-638-1444)

The instructor will be Robert J. Luciani, ASA, IFA, a PA Certified Real Estate Appraiser & Assessor. Mr. Luciani is Deputy Assessor in the Office of Property Assessment for the City of Philadelphia. Chapter Members are familiar with him from the courses he teaches as an AQB (Appraiser Qualifications Board) Certified USPAP Instructor.

From farmland to factories, from malls to warehouses, from hotels to offices, from stores to apartments, more than 60% of Pennsylvania real estate is leased, not owned outright. This course reviews basic lease law, both common law and Pennsylvania statutes.

Appraisers will learn how the terms and provisions of leases impact the income stream, the valuation process, and ultimately the property value. Assessors will get an overview of how lease terms such as expenses, percentage rent, overage rent and tenant improvements establish the value of the lease for assessment purposes. Both will be exposed to the basics of lease analysis — gross vs. net leases, percentage of sales clauses, etc. The object is preparation for advanced courses in real property appraising and assessing.

Please register early for this class which qualifies for three (3) hours of Continuing Education Credit for Pennsylvania Licensed Appraisers and Assessors.

Tuition for the class is $65 per person, which includes all course materials, breakfast at 8:30 am and lunch at noon, and may be paid by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number and email address, to ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140. Please RSVP by email to Anita Luciani, Administrative Assistant.

PLEASE NOTE: Mr. Luciani will conduct two (2) Pennsylvania Continuing Ed classes for Appraisers and Assessors at Andy’s Diner on Wednesday, November 28, 2018, a 3-HR Pennsylvania Understanding Leases Course ($65) from 9:00 am to noon, and a 2-HR Pennsylvania Appraisal Law Course ($45) from 1:00-3:00 pm.

2-HR Pennsylvania Appraisal Law Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor a two-hour Pennsylvania Appraisers/Assessors Law Certification Course on Wednesday, November 28, 2018 from 1:00-3:00 pm at Andy’s Diner, 2224 Lincoln Highway (Rte 1) Trevose, PA 19053 (215-638-1444)

Robert Luciani The instructor will be Robert J. Luciani, ASA, IFA, a PA Certified Real Estate Appraiser & Assessor. Mr. Luciani is Deputy Assessor in the Office of Property Assessment for the City of Philadelphia. Chapter Members are familiar with him from the courses he teaches as an AQB (Appraiser Qualifications Board) Certified USPAP Instructor.

The class covers the required topics of the Pennsylvania Real Estate Appraisers Certification Act and the Assessors Certification Law, and the Regulations of the Pennsylvania State Board of Certified Real Estate Appraisers. It emphasizes changes to the laws made during the past two years and offers a refresher on the provisions most relevant to everyday practice.

2-HR PA Appraisal Law Course The Pennsylvania State Board of Certified Real Estate Appraisers requires biennial recertification for State Licensed Appraisers and Assessors, with all certificates expiring on June 30 of odd-numbered years (eg., 6/30/19). This class meets the specific requirement for two (2) appraisal re-certification hours on the Real Estate Appraisers Certification Act.

Please register early for this mandatory class which qualifies for two (2) hours of Continuing Education Credit for Pennsylvania Licensed Appraisers and Assessors.

Tuition for the class is $45 per person, which includes all course materials and lunch at noon, and may be paid by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number, and email address, to ASA Philadelphia, 1229 Chestnut St PMB 232, Philadelphia, PA 19107-4140. Please RSVP by email to Anita Luciani, Administrative Assistant.

Real Property: 4-Hour Continuing Education Class

The Philadelphia Chapter of the American Society of Appraisers will sponsor a four (4) hour class – Collection & Verification of Residential Data in the Sales Comparison Approach – from 9:00 am to 1:00 pm on Thursday, September 27, 2018, at the Hilton Garden Inn, 530 W Pennsylvania Ave, Fort Washington, PA 19034 (215-646-4637). The instructor will be Robert J. Luciani, ASA.

The four-hour Collection & Verification of Residential Data in the Sales Comparison Approach Class is required of all Licensed Pennsylvania and New Jersey Real Property Appraisers before the next license renewal. The class is based on Valuation Advisory #8 from the Appraisal Practices Board of The Appraisal Foundation.

Please register early for this mandatory class which qualifies for four (4) hours of Continuing Education (CE) Credit for Pennsylvania and New Jersey Licensed Appraisers.

Tuition for the course is $75.00, which includes course materials and a Continental Breakfast. Please complete the Registration Form and mail it with your check for $75.00 to ASA Philadelphia Chapter, c/o Blythe Kelly (609-502-4037), 135 Wells Rd, Doylestown, PA 18901. Seating is limited so please reserve ASAP.

2-HR Pennsylvania Appraisal Law Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor a two-hour Pennsylvania Appraisers/Assessors Law Certification Course on Tuesday, May 9, 2017 from 4:00-6:00 pm at the Hilton Garden Inn, 530 Pennsylvania Ave, Fort Washington, PA (215-646-4637). The instructor will be Robert J. Luciani, ASA.

The class covers required topics of the Pennsylvania Real Estate Appraisers Certification Act and the Assessors Certification Law, and the Regulations of the Pennsylvania State Board of Certified Real Estate Appraisers. It emphasizes changes to the laws made during the past two years, and offers a refresher on the provisions most relevant to everyday practice.

The Pennsylvania State Board of Certified Real Estate Appraisers requires biennial recertification for State Licensed Appraisers and Assessors, with all certificates expiring on June 30 of odd-numbered years (i.e., 6/30/17). This class meets the specific requirement for two (2) appraisal re-certification hours on the Real Estate Appraisers Certification Act.

Please register early for this mandatory class which qualifies for two (2) hours of Continuing Education Credit for Pennsylvania Licensed Appraisers and Assessors.

Tuition for the class is $45 per person, which includes all course materials, and may be paid by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number and email address, to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462. RSVP by email, phone (610-277-1366) or fax (610-277-1366).

REGISTER NOW: 2018 Business Valuation Seminar

The Philadelphia Chapter of the ASA will hold its 13th Annual Spring Business Valuation Seminar program on Friday, April 27, 2018, at the Doubletree Hotel in Plymouth Meeting, PA. The program will include a variety of topics presented by key thought leaders.

֍ How to Rig a Valuation and DLOM: New Research and Tools – James Hitchner, CPA/ABV/CFF, ASA
֍ Update in Estimating Cost of Capital – Roger Grabowski, FASA
֍ Impacts of Tax Cuts and Jobs Act on Business Valuation – Mitchell Gerstein, CPA, MST, PFS & Laura Anastasio, ASA, CEIV
֍ Best Practices in Inventory Valuation – Charles Sapnas, CFA, ASA & Anthony Pumphrey, CFA, ASA
֍ What Appraisers Must Know About Taxes On Damage Awards – Martin Abo, CPA/ABV/CVA/CFF

Fees. Early Bird fees, which apply when registration forms and payments are submitted by March 30, are $335 for ASA Members, $370 for all others. After March 30, registration is $365 for ASA Members, $400 for all others. The fee includes lunch, and morning and afternoon refreshments.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail to Executive Secretary Joanne Paciello, 8 Terrace Road, Plymouth Meeting, PA 19462. Please note that seating capacity is limited.

Credit. The program qualifies for eight (8) hours of Continuing Education Credit (CEC) for ASA members and for members of other professional organizations which recognize NASBA credit.

Brochure. A seminar brochure, including comprehensive information, biographies of the presenters, a registration form, refund and cancellation policies is available for download in PDF format.

Questions. For all other questions, including CEC eligibility for your organization, please contact the seminar organizers, Sheila Gorman at sgorman@finresearch.com or (484)-270-1240 or Frank Merenda at fmerenda@eacvaluations.com or (610)-687-5855.

ASA ME204-OOO (MTS204): Advanced Topics and Report Writing

The Philadelphia Chapter of the American Society of Appraisers will sponsor ME204-OOO (formerly MTS204) Advanced Topics and Report Writing on March 6, 7 & 8, 2017 from 8:30 am to 5:00 pm at The Desmond Great Valley, located at One Liberty Boulevard, Malvern PA 19355. The instructor for the 3-day ASA course will be Richard A. Berkemeier, ASA.

ME204: Advanced Topics and Report Writing

The course provides a comprehensive review of the concepts studied in ME201, ME202 and ME203. It reviews the application of appraisal techniques to valuation of an integrated facility, such as a steel mill, and it considers various professional standards including USPAP, IVS and Ethics and their relationship to report writing. It also discusses how to develop and write a professional appraisal report.

This recently updated course examines in-depth the skills needed to address obsolescence — physical, functional and economic. And it will provide the tools needed to analyze inutility, complex leasing structures, residual forecasting, and fair rental calculations (for leasing), as well as facility valuation using all three approaches to value. Throughout, there will be an emphasis on applying the concepts studied to day-to-day practice.

Mr. Berkemeier is an independent senior asset management professional offering more than 20 years of appraisal experience within the capital markets, including risk management, inventory assessment, appraisal review, liquidation expertise, debtor-in-possession financing, and collateral management.

Please register ASAP for this class to avoid disappointment. Seating is limited.

Tuition for the class is $1200 per person, which includes all course materials, morning and afternoon beverages, and lunch buffet. You may pay by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number and email address, to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462. RSVP by email, phone (610-277-1366) or fax (610-277-1366).

7-Hour National USPAP Update Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor an all-discipline National USPAP 2016-2017 7-hour Update Course on Thursday, September 15, 2016 from 9:00 am to 5:00 pm. The course will be held at the Marriott SpringHill Suites, 430 Plymouth Rd, Plymouth Meeting, PA 19462 (Phone: 610-940-0400). The instructor will be Robert J. Luciani, ASA. Sign-in starts at 8:30 am.

USPAP2016 2017 The National USPAP Update Course from the Appraisal Foundation is a one-day course that focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. This course, which clarifies several commonly misunderstood aspects of USPAP, will aid appraisers in all areas of appraisal practice seeking updated USPAP competency, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.

This course is required for all State Licensed or Certified Real Property Appraisers and Assessors.

The cost of the 1-day course is $155 per person and includes a course manual, morning and afternoon coffee breaks, snacks and soft drinks. The USPAP 2016-2017 book is available to attendees at the discounted price of $65. Attendees must either purchase the book or bring a laptop or tablet with Internet access to class.

Seating is limited, so please register early for the course, which meets the USPAP continuing education requirements for most appraisers, including the ASA requirement of one 7-hour USPAP update course every five years for accredited (AM, ASA, FASA) appraisers.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462. RSVP by email, phone (610-277-1366) or fax (610-277-1366).

Business Valuation Seminar

The Philadelphia Chapter of the ASA will hold its 11th Annual Spring Business Valuation Seminar program on Friday, April 29, 2016, at the Doubletree Hotel in Plymouth Meeting, PA. The program will include a variety of topics presented by key thought leaders.

· Russell T. Glazer, ASA on Valuing Real Estate Holding Companies

· Nathan DiNatale on Purchase Price Allocation

· Courtney S. White, ASA on Craft Brewery Valuation

· Glen Birnbaum, AM on Working Capital And Value

· Mark S. Gottlieb on Advanced Risk Issues In Business Valuation.

Fees. Early Bird fees, which apply when registration forms and payments are submitted by March 18, are $325 for ASA Members, $360 for all others. After March 18, registration is $355 for ASA Members, $390 for all others. The fee includes lunch, and morning and afternoon refreshments.

Credit. The program qualifies for eight (8) hours of Continuing Education Credit (CEC) for ASA members and for members of other professional organizations which recognize NASBA credit.

Brochure. A seminar brochure, including comprehensive information, biographies of the presenters, a registration form, refund and cancellation policies is available on the Chapter website and for download in PDF format.

Questions. For all other questions, including CEC eligibility for your organization, please contact the seminar organizer, Bob Haas at rhaasjr@rmha.com or (215) 887-6500, or Joanne Paciello at asaphiladelphia@verizon.net.