COURSE APPROVAL INFORMATION
Approved or *Accepted for 7 hours of CE in the following states:
AL – #C02814
AR – Approved
CO – Approved
CA – #2210501039
FL – Course #3631
GA – #76047
*ID – Accepts
IL – Course #575.010612
*IA – Accepts
IN – Approved
KS – #404.C23.N
KY – Approved
LA – #A0031
MD – Approved
MA – #1360016
MI – #2382
MN – #1034579
MS – #50458
MO – Approved
*MT – Accepts
NC – #4527
*NE – Accepts
NH – Approved
NJ – 2023 – 200
NV – #CE.0009629-A
NM – #4190
NY – #A5573-07
*ND – Accepts
OH – #Q04301102A 23
OK – Course #713
OR – #APEL-C-1122-0045
PA – APPROVED
SC – #CE2065
TN – Course #2639
TX – #44925
UT – #AC221212
VA – Approved
WA – #A22037010
WV – Approved
*WI – Accepts
*Asterisk States* will Accept CE which is approved in the state where it is being taught.
PENDING STATES:
AZ, HI, NE
Solar photovoltaic systems can be a valuation headache for appraisers and their clients. This course will help ease the pain—by equipping you with the knowledge, techniques, and tools to value solar panels. You’ll learn what’s expected of appraisers when appraising a property with a solar photovoltaic system, and we’ll talk about some out-of-the-box strategies to solve this valuation issue.
The problem to solve: how, when, and why to value solar
After completing this course, students will understand GSE requirements and expectations for properties with solar. We’ll cover the circumstances under which the contributory value of solar is to be considered; methods of valuation via the three approaches to value; and resources, case studies and trends. Appraisers will come away with the knowledge they need to competently appraise properties with solar photovoltaic systems.
Class is offered via Zoom Meeting.
The learning objectives of this course are to provide real estate appraisers with the ability to do the following:
MODULE 1: Solar Basics
1. Understand and identify the key components of a Solar PhotovoltaicArray
2. Explain how a Solar PV system works
3. Learn what Net Metering is and how it applies
MODULE 2: On Site Observation ofa Property
4. Know the questions to ask before scheduling an appraisal assignment
5. Understand what to document and photograph during on-site observation
6. How to implement and utilize the data from the on-site visit in an appraisal report
MODULE 3: When to Consider the contributory Value of Solar
7. Learn the difference between owned solar, leased solar & power purchase agreements
8. How loans and liens affect the obligation to consider contributory value of solar
9. Fannie Mae, Freddie Mac, VA and FHA guidance on solar
MODULE 4: Demonstrating MarketAcceptance
10. How to determine market acceptance for solar PV
11. GSE guidance on demonstrating market acceptance
12. Extracting market acceptance from MLS data source
MODULE 5: Three Approaches to value
13. Determine the contributory value of solar using the Market Approach
14. Determine the contributory value of using the Cost Approach
15. Determine the contributory value of solar using the Market Approach
MODULE 6: Case Studies on the Valuation of Solar
16. Case Study utilizing the Cost Approach
17. Case Study utilizing the Income Approach-Discounted Cash Flow
18. Case Study utilizing the Income Approach-Gross Rent Multiplier
MODULE 7: Trends and Policy, Solar Data Resources
19. Federal, State and local policies
20. Online resources for SolarCost Data and Installation Statistics
21. Published Studies of valuation of Solar PV
Course Author
Mark Buhler is a Certified Residential Real Estate Appraiser in California with more than 25 years of appraisal experience. Combining years of practical field experience with his knowledge of changes in the real estate industry, Mark is an engaging and entertaining speaker who is always willing to share his knowledge. Mark has found a niche in the valuation of resource-efficient, “green” homes, which are becoming more common. Mark has recently presented on the valuation of solar and green property at Appraisal Institute conferences and state coalition meetings. He is currently presenting the “Accredited Green Appraiser Training” continuing education course for Build It Green in California, and a new course, “Valuation Resources for Solar Photovoltaic Systems.” Mark enjoys teaching real estate professionals about appraisal matters and how they can impact your business.
How to Appraise Solar Panels | Live Virtual Class | April 19th & 20th
