Statistics
Financing
Income Tax Impacts
Market Conditions
Reconciliation
General Principles
Linear Regression (simple and multiple)
Standard Deviation
R, R2 and adjusted R2
Coefficient of Variation
Interpreting F stat, T stat, P Value for statistical significance
Confidence Intervals
Interpreting graphical analysis
Interpreting multiple regression equations
Reading box and whisker charts
Z scores
Use of statistics in risk analysis
Wrap around loans
Federal monetary policy
Complex cash equivalency problems (also covered in Income module)
Participating and convertible mortgages
Calculating lender’s yield rate
After tax cash flow analysis
Effective Tax Rate
Relationship between pre-tax and after-tax yield rates
Market Cycle
Market Equilibrium
External Obsolescence
Feasibility Rent
Equilibrium Rent
Options for reporting
Weighted average conclusions
Selecting best approach to value
Selecting best adjustments
Principles of value
Factors that affect real estate value
Factors that influence value
Agents of production
Extraordinary vs. hypothetical conditions
FAR
Nominal vs. real rates
Metes and bounds measurement
Geometry