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IMA – IPTI “Determination of Fair Market Rents, Vacancy and Operating Expenses” – Webinar
April 11, 2019 @ 12:00 pm - 1:00 pm
IMA – IPTI Webinar Series Continue
You are invited to join us for this webinar on “Determination of Fair Market Rents, Vacancy and Operating Expenses – Determination of Assessed Values of Income Producing Properties”
on April 11th, 2019 at noon (EST).
Please see our flyer: Determining FMR Vacancy and Op Expenses April 11 2019 FINAL
PREAMBLE: Any interest in real estate capable of generating income can be valued using the Direct Capitalization Approach. This approach is commonly applied by most assessment valuation agencies. It requires an appropriate determination of net operating income which creates the necessity for an appropriate estimate of fair market rents, vacancy and operating expenses. Depending on the quantity and quality of available data there are various techniques to be used. This webinar will cover the challenges assessors and valuators face in deriving net operating income in the application of the valuation methodology. Data requirements and practical application of the methodology will be discussed.