Valuing Real Estate Fractions – Introduction to Real Estate Fractions by Dennis A. Webb, ASA, MAI, FRICS 18 February 2022

Dear colleagues,

 

We are pleased to invite you to register for ONLINE seminar scheduled for 18 February,2022 at 14:00h CET with theme – Valuing Real Estate Fractions – Introduction to Real Estate Fractions by Dennis A. Webb, ASA, MAI, FRICS – a business and real estate appraiser, former syndicator and engineer.

 

Associated with NAVS – National Association of Valuers of Serbia, D.Webb will have 3 online seminars:

18 February 2022 – Valuing Fractional Interests in Real Estate- Introduction to Real Estate Fractions

25 February 2022 – Valuing Fractional Interests in Real Estate – Valuation Methodology

4 March 2022 – Valuing Fractional Interests in Real Estate – Application Software

 

First session – INTRODUCTION  begins with an examination of partner motivations, intangible value sources,

changing conditions and all-to-often difficult outcomes. It then shows how and when to apply fair value standards, allowing for recognition of intangible and personal attributes of the interest in the hands of both buyer and seller. The valuer can be very helpful in guiding the parties to ask the right questions, and hopefully make such deals without litigation.

 

Fractional ownership is normally created because the parties perceive intangible benefits from their venture. Otherwise, why would anyone pay more than their proportionate share to get into a restricted, illiquid real estate deal? Intangible benefits are often very real, and allow for ventures and investments that would never be achievable otherwise. But these benefits erode over time as issues are revealed and conflicts arise. Circumstances and partners’ objectives change, and, in time, partners are succeeded by the next generation.

 

Here you can find the abstract and biography of the instructor: Introduction to Real Estate Fractions – Webb – ABSTRACT 18.02.2022

 

Attendance on this online seminar brings you 2 points for CPD – Continuing Professional Development for REV certified valuers . Also, according to the RICS system for CPD qualifying activities which is based on personal assessment i.e. individual member deciding which activities are relevant for their professional development, we recommend this seminar for your personal professional development in valuation profession.

Also, this seminar is a part of continuous education of members of  American Society of Appraisers (ASA) and the Appraisal Institute (AI).

 

Seminar will be broadcasted via online web platform (we will send you the link). Participants will be able to send questions to speakers via CHAT on the platform.

Seminar will be available only in scheduled time in Belgrade time zone (CET).

 

Fee for 18 February is:

Fee is 70 EUR (+VAT)

For members of NAVS fee is 50 EUR (+VAT)

 

You can register by sending an email to office@procenitelji.org.rs (name of the participant, email address, information about payer)