Appraiser’s Guide to Short Term Rentals
4hr CE | Monday, September 30th, 2024 | from 10AM – 2PM Central Time
$99.95
AL – Course PENDING
AR – Course #AE059
AZ – Course #223
CO – Course #2712
CA – BREA #2410501073
GA – Course #77792
FL – Course #3907
HI – Course #24-154
ID – Course #1342686
IL – Course PENDING
IN – Course PENDING
KS – Course #577.C24.N
KY – APPROVED
LA – Course #A0059
ME – Course #120C014
MD – Course PENDING
MA – Course #1360047
MI – Course #20-1230514
MN – Course #1037466
MS – Course #50603
MO – APPROVED
*MT – Accepts
NE – Course #2243484.33
NV – Course PENDING
NH – APPROVED
NJ – Course #2024-213
NM – Course #4463
NY – Course #A5820-04
NC – Course #4663
*ND – Accepts
OH – Course #Q04403307A 24
OK – Course #741
OR – Course #APEL-C-0724-0084
PA – Course #AA0005552816
SC – Course #2218
TN – Course #2817
TX – Course #50039
UT – Course #AC240714
VA – APPROVED
WA – Course #A24017435
WV – APPROVED
WI – Course PENDING
Pending approval in several states. If you don’t see your state listed, CLICK HERE to send an email to our Education Director, Ben Maxwell and request approval.
Course Description
Picture this: a world where every Tom, Dick, and Harry with a spare room fancies themselves a hotelier. Over the past few years, short-term rentals have transformed local economies, with venture capital buying up properties and driving up prices and some neighborhoods becoming raucous party zones. For property owners, it can be a great income opportunity. But some cities are pushing back, restricting or even banning STRs.
Meanwhile, Fannie Mae recently issued new guidance, saying that STR income can be considered for credit risk analysis, and that you can’t report STR income on a 1007. It’s enough to make a seasoned appraiser’s head spin.
In this course, Bryan Reynolds will take you on a tour of the mad circus of short-term rental valuation. He’ll interpret Airbnb and VRBO listings and point you toward credible information sources like AirDNA, Mashvisor, and AllTheRooms. You’ll learn to make sense of peak season rates, average nightly rental, and rates that change faster than you can say, “Last minute cancelation.”
You’ll learn to juggle occupancy rates, seasonal demand, cleaning fees, and personal property vs. real property. How do you estimate income when your “hotel” is a suburban dude’s beach house that’s only available when they’re not using it themselves? Bryan will walk you through the whole process.
What’s the difference between going concern, business value, and real property value? Bryan covers that. This course is perfect for new appraisers and seasoned veterans trying to learn new tricks. Short-term rentals aren’t difficult to appraise, but you’ve got to know the whole story. Bryan Reynolds helps you tell the whole story.
Refund/Cancellation Policy: (24hr CancellationPolicy): Refund requests must be made at least 24 hours or more prior to the start of class. Cancellation must be in writing.
If you register within 24 hours of ClassStart, you will only be eligible for a transfer/credit. No refunds will be given within 24 hours of class start.
System Requirements:
- This class is offered via Zoom meeting. Computer Audio, Video, and a reliable internet connection are required. We must be able to see and hear you on camera. This is a state requirement for CE.
- We recommend testing your computer video and audio prior to class day by opening a practice meeting on https://zoom.us/test.
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*KNOW YOUR TIME ZONE: We’re on CENTRAL TIME, and class starts at 10 AM CT!
For Pacific Timers, Class is from 8:00 am – 11:30 am PT (doors open at 7:00 am).
For Mountain Timers, Class is from 9:00 am -12:30 pm MT (doors open at 8:00 am).
For Central Timers, Class is from 10:00 am-1:30 pm CT (doors open at 9:00 am).
For Eastern Timers, Class is from 11:00 am-2:30 pm ET (doors open at 10:00 am).
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Everything you need to know about our live virtual class offerings via Zoom
How do I register?
- Add any live-zoom course(s) to your cart and proceed to checkout.
- IMPORTANT: Be sure to provide the correct state and license number information during checkout, as this will be automatically pulled into our system for your completion certificate and reporting to your state.
- Once purchased, you’ll be automatically registered for the Zoom class meeting and you will receive a receipt via email.
What happens once I purchase?
- You will receive a confirmation email with your JOIN MEETING link (save this! This is the link you will click to join the zoom class meeting on Class Day.)
- If this is your first purchase with us, you will also receive an email with your Student Login Credentials, which give you access to your Student Account; Your student account is where you will access any online courses or completion certificates.
- If your Zoom Class comes with Course materials, they will be made available in your student account and also emailed to you in reminder emails (see “What to expect on class day.” below)
- If you don’t see your confirmation email (and you’ve checked your spam folder), just email us (we make typos too, and we’re happy to help).
- We highly recommend you download zoom for an even better in-class experience.
- You’ll receive reminder emails the day before and the morning of class. (NOTE: If you register within 24 hours of class start time, you might not receive reminder emails.)
- Be sure to click the Zoom meeting link and join the meeting 30 minutes before class start time, so we can get you checked in.
What do I need prior to class?
- Check your time zone! All classes are listed in CENTRAL TIME, so adjust your calendar accordingly. Our reminder emails the day before and the morning of class will list the correct times for all time zones, for reference.
- Download any course materials. You can find all appropriate documents for your course under “My Courses” in your student account.
- If you are taking a USPAP update course, have the current USPAP publication on hand.
- It is required that you keep your camera on for the duration of the class. Be sure to have a device with a working webcam, audio, and microphone, as well as good internet access.
Use the Zoom meeting link to join the class 30 minutes before class start time, so we can get you checked in.
Where is my link to join class?
- You should have received a confirmation email immediately after purchase, as well as reminder emails the day before and the morning of class. Your Zoom link to join class can be found in any of those emails.
- Be sure to check your spam folder if it is not in your inbox.
What should I expect on class day?
- Remember to use the Zoom meeting link to join class at least 30 minutes before the official start time, so we can get you checked in.
- Zoom Confirmation Emails (how you join the class): We will resend everyone’s Zoom confirmation emails 1 hour prior to class start
- Class Reminder emails with handouts (if any) and reminders: We send reminder emails on the day before and the day of class (unless class falls on a Monday or Friday; we don’t work weekends)
- Reminder emails will include: Any class handouts (if applicable), important expectations and requirements; REMINDERS ABOUT KNOWING YOUR TIME ZONE (we’re on Central Time); and student support / instructor contact information.
- Remember: you must be present with your camera on 100% of the class time. (This is a state requirement, not ours. We cannot make exceptions.)
What is your refund/cancellation Policy if I have to miss the class?
- Refunds require a 24-hour written notice.
- BUT if you miss class and forget to notify us, no worries! Just reach out to our team, and we’re happy to transfer you to a later class.
- We can only provide one transfer, so if you miss the second class, you will not have the option for a transfer and will forfeit the purchase cost.
What’s required for CE credit?
- You must be present with your camera on for the duration of class. (This is a state requirement, not ours. We cannot make exceptions.)
- You must be visible and prepared to answer instructor questions (please do not drive, work on other tasks, walk your dog, or anything else that might be distracting to the class).
- If you have an emergency or are otherwise prevented from being present and visible on camera, please contact one of the class moderators.
What features should I be aware of on the Zoom platform?
- Chat Feature
- Raise Hand Feature (alt + Y is the keyboard shortcut, or click the Reactions button)
- Mute/Unmute & Stop Video (you should only turn cameras off when on breaks)
- In addition to the live instructor, we’ll have a team member available to help everything run smoothly during class.
What happens after class ends?
- Ben Maxwell, our Education Director, will email a Course Evaluation link to all students immediately after class.
- Once you complete the evaluation, you’ll receive an emailed certificate from our LMS. Please keep in mind that failure to complete this survey will delay your certificate (it is REQUIRED).
- If you have any issues with the automated certificate, just reply to Ben’s Course Evaluation email and request a PDF copy.
- If you’re in a state that requires the provider to report on your behalf, we will report your CE after class. Please give us 24 hours to do so. (States in which we report on your behalf include: FL, GA, IL, NC, NV, OH, SC, TX, and UT.)
- If you have any questions, the instructor and class moderator will stick around for a few minutes after class ends.
How can I reach out if I still have questions?
- Feel free to reach out to our team Monday – Friday from 9:00 AM to 5:00 PM CST. Call us at (615) 965-5705 or email us at support@appraiserelearning.com
Course Author
Bryan Reynolds
Bryan S. Reynolds, CDEI™ is a KY/TN Certified General Real Property Appraiser, a registered agent with the TN State Board of Equalization and an AQB Certified USPAP Instructor. He has testified and appeared in various courts, planning and zoning boards as both an expert and as an agent making valuation arguments before local and state hearing officials and Administrated Law Judges. Reynolds is the owner of Bryan S. Reynolds & Associates, Reynolds Appraisal Service and a partner in Appraiser eLearning, www.appraiserelearning.com. He provides residential and commercial valuation services throughout the region and various educational offerings, mentoring, consulting and litigation support services throughout the country as well as being available for lectures and is well known for his Think Outside the “Check” Box approach.
AQB Certified USPAP Instructor
Certified General Real Property Appraiser
Consultant
Litigation Valuation Expert
FHA Lender Selection Roster Appraiser
Expert Witness
