Advisors! Join your Candidates for Designation at this class and help them get one step closer to designation! All Candidates could use a study buddy. Not only will it provide you with a refresher on the material, it will also count for two years’ worth of CE and will also help earn points with AI to maintain your MAI or SRA designation.

Instructor: Gary S. DeWeese, MAI

Gary S. DeWeese, MAI, has been teaching real estate appraisal classes for more than 20 years, including advanced courses related to highest and best use and market analysis, and the income, sales and cost approaches.

Mr. DeWeese has an MBA from the University of California, Berkeley and is the former head of the real estate investment group for the UC pension and endowment funds. He is the founding principal of Real Estate Strategic Solutions, LLC, a real estate consulting firm.

His teaching style is to teach both concepts and applications in the clearest and simplest way possible, such that students will be able to intuitively master the material without having to memorize formulas. Students prefer this approach as evidenced by the very positive student evaluations that he has achieved over the years.

Course Description

This course focuses on the practical application of quantitative tools for analyzing data, drawing appropriate conclusions from data sets, and presenting both the analysis and conclusions in ways that enhance communication with appraisal clients. It reviews and furthers the application of basic statistical measures (mean, median, mode, standard deviation, etc.) and spends a good deal of time on graphical and regression analysis.

Central goals of the course include showing participants how to understand the reliability and validity of data used to draw conclusions, providing the knowledge needed to support the conclusions others may draw from the same or similar datasets. Presentation and activities make extensive use of real-world appraisal applications and are aimed at furthering an appraiser’s ability to provide credible analysis of real property-related issues.

Upon completion of the course, participants should be able to:
• Properly apply and explain statistical methods such as simple and multiple regression analysis using market information
• Understand and critique statistical applications
• Understand how to incorporate statistical analysis in valuation reports
• Understand how to evaluate the reliability of various types of data used in valuation
• Understand the language of quantitative analysis
• Use graphs to present data and analysis
• Understand research design issues such as hypothesis construction, data reliability and validity, and sampling issues

Note: This course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 30 hours of traditional classroom education and wraps up with a three-hour exam on the fifth morning.

Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Advanced Income Capitalization, Advanced Market Analysis and Highest and Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will pay full price.

This course is in the Analytics for Valuation Professional Development Program. For more information, click here.

For more information on how to become a Candidate for Designation, click here.

Program Overview

• Table of Contents and Overview (PDF)
• Schedule (PDF)
Recommended Text
• The Dictionary of Real Estate Appraisal, 6th ed.
Ordering Information
To order books and other materials go to
our store
Please contact the sponsoring chapter for information on fees applicable to chapter programs.Required
• An Introduction to Statistics for Appraisers
• Laptops (recommend external mouse)
• Spreadsheet program: Excel 2010
• A financial calculator is required. The accepted model used in the course is the HP-12C. Note. Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
You must be familiar with basic Excel and calculator operation when the course begins. Answers to problems in course material are shown using Excel 2010. Do not come to class expecting to be taught how to use Excel.

Note to Mac users: Microsoft does not support the Data Analysis Tool Pack in Mac Office Excel 2008 or Mac Office  Excel 2011.  However, they do suggest free third-party add-ins with similar functionality. For more information, select Excel 2008 or Excel 2011.

AI CE Credit for Designated Members and Practicing Affiliates
• Attend Only = 275 points
• Attend and Pass = 375 points
• Pass Exam Only = 325 points 

• Advanced Education Diagnostic Test

• Real Estate Finance, Statistics, and Valuation Modeling or university-level introduction to statistics course
• Using Spreadsheet Programs in Real Estate Appraisals – The Basics or similar course/seminar

Participants must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.

Who Should Enroll
• General or Residential Associates working on their designations
• MAIs or SRAs who want to further their statistics knowledge and skill base
• Residential or general certified appraisers
• Tax assessors
• Attorneys
• Bankers
• Review appraisers
• Market researchers

Click Here for State Approvals

Download Your Materials and Save $15!

When registering, select “Download” from the Material Deliver dropdown. You will receive a link to the materials in your confirmation e-mail then can print materials or bring on your laptop as you choose. You’ll also have access to these materials in the AI Knowledge center for 1 year from the date of registration. Be sure to bring your materials to class – extras will not be available.

Download screencap

Education Credits

Full attendance of this course: 35 hrs CE/DE, Washington State Approval # AP3915

Attendance Requirements

100% attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualifications Board minimum criteria requirements. A “classroom hour” is defined as 50 minutes out of each 60 minute segment. A 10-minute break per hour is allowed and a student would still meet the 100% attendance requirement. Students should not be late or leave early; if they are late or leave early, they will not receive credit.

Important Date and Cancellation Policy

2/11/18 Last day to register for and submit the Diagnostic Test
21 days BEFORE the classroom session begins
2/18/18 Last day to receive a “pass” confirmation on Diagnostic Test
14 days BEFORE the classroom session begins
2/18/18 Last day to register for the course with printed materials*
14 days BEFORE the classroom session begins
2/27/18 Last day to register for the course*
5 days BEFORE the classroom session begins
2/17/18 Last day to cancel registration with full refund
15 days BEFORE the classroom session begins
2/18/18 Last day to cancel registration with $150 cancellation fee
14 days or less BEFORE the classroom session begins
2/25/18 Last day to cancel registration with -0- refund
7 days or less BEFORE the classroom session begins

NOTE: If you have a disability and require accommodation, please notify the Appraisal Institute’s Seattle Chapter in writing at least two weeks in advance and we will arrange for reasonable accommodations. We reserve the right to cancel, limit, or reschedule the course and change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.


Hampton Inn & Suites, SeaTac
18850 28th Ave S
SeaTac, WA 98188

Parking is free.


Registration: 8:00 AM – 8:30 AM
Class: 8:30 AM – 4:30 PM

One hour lunch + breaks, times to be determined by instructor. Lunch is not included.


A room rate has been set at the Hampton Inn & Suites for $115 per night. To reserve at this rate, reservations must be made by 02/05/2019. To make reservations, click here.



If you need to pay by check or are a government employee and will need an invoice or other considerations, contact the chapter office at (206) 622-8425.


$800.00 Appraisal Institute Price
$1,100.00 Full Price
Download your student materials and save $15!