Print Page | Contact Us | Report Abuse | Sign In | Register
Course Descriptions
Share |

MAAO Courses

The MAAO has developed an extensive and thorough educational program for its members. The various courses offer in-depth training to those individuals that strive to obtain the knowledge and background that is required to perform the duties of an Assessor in a professional and competent manner.  Each year the MAAO runs an Annual Assessors School at the University of Massachusetts in Amherst where most, if not all of our courses are offered.  In addition, several of our curriculum courses are run during our “Winter School” at varying locations during the winter months or by request of a County Association.

Along with the standard curriculum of courses, shown below, we also offer many seminars, workshops, and conferences that deal with the ongoing issues of appraisal, valuation, statutory regulations, and tax policy.  The primary purpose of the MAAO is to educate its members and the program that is maintained by this association is, in our opinion, second to none in its scope and ability to carry out that purpose.

MAAO Course 200 - Principles of Assessing Procedures is a course dealing with the Assessors administrative responsibilities, and Appellate Tax Board procedures. This is an in-depth explanation of the Assessors everyday involvement. It is a course necessary to the new Assessor and useful to the experienced Assessor as a review. This course is worth 34 MAAO recertification credits and is apporved for 15 hours of DPL appraisal credits.

MAAO Course 4 (MBREA Course REA-1A) - Narrative Report Writing will lead the student through the process of writing a narrative appraisal report for both a residential and non-residential property.  The course will review techniques and valuation methods used to arrive at a final estimate of value.  MAAO Course 4 would be helpful to any assessor or appraiser who has to write or review narrative appraisals and is a must for the assessor who is interested in writing a demonstration appraisal for their RMA or CMA designation.  It is also a requirement for the RMA and CMA designations.  The course is worth 34 MAAO recertification credits and has been approved for 34 hours  of DPL appraisal credits.

MAAO Course 5 - Mass Appraisal of Real Property will lead the student through the process of mass appraisal of real property both residential and non-residential. In MAAO Course 5, discovery, listing, and valuation will be discussed. Our other courses have been directed toward single property appraisal, where this course applies those principles to a great mass of properties. This course is worth 34 MAAO recertification credits and has been approved for 34 hours  of DPL appraisal credits.

MAAO Course 6 –Valuation Administration (it is recommended that you have taken Course 200 prior to Course 6) is a course developed by the MAAO to expand on the procedures that are necessary to perform accurately and professionally the primary function of our profession, the administration of the development of values and meeting the requirements of state certification.  Doing it right is not only necessary to satisfy the BLA requirements but to satisfy and instill confidence in the taxpayer.  This course is intended to guide you or to reassure you that you are doing it right.  This course is worth 34 MAAO recertification credits and has been approved for 30 hours  of DPL appraisal credits.

*** Please Note the Following***MAAO has begun offering IAAO Courses in replacement of the MAAO Courses 1, 2 & 3.  We will be offering these course at the Annual School, Winter School and through request by Outside Organizations (such as County Offerings).  The MAAO Professional Admission Committee has always accepted IAAO courses as a substitute for MAAO coursework when it is comparable.

IAAO Course 101 - Fundamentals of Real Property Appraisal (MAAO is accepting this Course in replacement of MAAO Course 1 OR Course 2This course is designed to provide students with an understanding and working knowledge of the procedures and techniques required to estimate the market value of vacant and improved properties. This course concentrates on the skills you need to estimate the market value of properties using two approaches to value: the cost approach and the sales comparison approach. This course is available through the IAAO in an online version or at various locations across North America. For more information about this course, please review the Course Information Packet. Recommended textbook: IAAO Property Assessment Valuation (PAV) (3rd edition) at an additional fee beyond the SRM provided with your registration. This course is approved for 33.50 MAAO recertification credits and has been approved for 33.5 hours  of DPL appraisal credits.

IAAO Course 102 - Income Approach to Valuation (MAAO is accepting this Course in replacement of MAAO Course 3)This course is designed to provide students with an understanding and working knowledge of the procedures and techniques required to estimate the market value of vacant or improved properties by the income approach. This course covers real estate finance and investment, capitalization methods and techniques, analysis of income and expenses to estimate operating income, selection of capitalization rates, and application of the approach. For more information about this course, please review the Course Information Packet. (MAAO will be offering these courses to our membership at a different rate than IAAO) Recommended prerequisites: IAAO Course 101. Recommended textbook: IAAO Property Assessment Valuation (PAV) (3rd edition) at an additional fee beyond the SRM provided with your registration. This course is approved for 33.50 MAAO recertification credits and has been approved for 33.5 hours  of DPL appraisal credits.

IAAO Course 201 - Appraisal of Land (MAAO is accepting this Course in replacement of MAAO Course 1 OR Course 2)This course is designed to provide students with an understanding and working knowledge of the procedures and techniques required to estimate the market value of land. This course concentrates on the skills necessary for estimating land value primarily using the sales comparison approach. For more information about this course, please review the Course Information Packet. (MAAO will be offering these courses to our membership at a different rate than IAAO) Recommended prerequisites: IAAO Course 101. Recommended textbook: IAAO Property Assessment Valuation (PAV) (3rd edition) at an additional fee beyond the SRM provided with your registration. This course is approved for 33.50 MAAO recertification credits and has been approved for 33.5 hours  of DPL appraisal credits.

Please note: MAAO will no longer be offering MAAO Course 1, 2 & 3 and will instead be offering IAAO Course 101, 201 & 102.

MAAO Course 1 - Comparable Sales Approach to Value deals with the comparable sales approach to value, sometimes called the market approach. It offers a brief review of the necessary mathematical procedures required in our job. It also deals with the basic appraisal process, concept of value, and mass appraisal using the comparable sales approach. It is a course that takes the time to go into detail concerning a subject that is germane to our profession. This course is worth 34 MAAO recertification credits and has been approved for 34 hours  of DPL appraisal credits.

MAAO Course 2 - Cost Approach to Value is devoted to the cost approach to value. This course begins with a review of algebra and also reviews the assessment process. It will delve into the process of replacement cost, depreciation, cost tables, and adjustments. You will apply these procedures to both, the single property appraisal and the mass appraisal process. This course is worth 34 MAAO recertification credits and has been approved for 34 hours  of DPL appraisal credits.

MAAO Course 3 - Income Approach to Value deals with the income approach to value. The first section is devoted to basic statistics. The math reviews included in MAAO Courses 1 & 2 provide the basis on which to proceed to statistics. The course will cover the analysis of the income and expenses generated by income producing property and the development of economic rents, expenses, and cap rates in order to generate an accurate indicator of market value. This course is worth 34 MAAO recertification credits and has been approved for 34 hours  of DPL appraisal credits.

 

FOR INFORMATION ON M.A.A.O. COURSES

Phone: 774-249-8624

Email: director@maao.org

MAAO Course Agendas

More InfoHide Info ]
MAAO Course Agenda
Item Name Posted By Date Posted
Course_6_Agenda.pdf PDF (30.6 KB) Administration 6/5/2019
Course_5_Agenda.pdf PDF (30.8 KB) Administration 6/5/2019
Course_200_Agenda.pdf PDF (11.94 KB) Administration 6/5/2019