SeminarsSeminars

  • Energy Efficiency and Its Effect on Property Value
  • Energy Efficiency and Commercial Property Value
  • Green Buildings and Property Value

IMT has developed continuing-education seminars on energy efficiency, green buildings, and commercial and residential property valuation.   Seminars are offered in coordination with ENERGY STAR, the New York Energy Research and Development Authority (NYSERDA), the Appraisal Institute, New York University's (NYU) Real Estate Institute, and Manfred Real Estate Learning Center, Inc.

See below for details regarding state appraiser, state real estate agent, Appraisal Institute and CPA NASBA continuing-education credit.

Upcoming Locations & Dates Offered

Seminar Descriptions

Analyze the potential for increased value in green energy-efficient buildings, from reduced utility bills, operating costs and increased occupant satisfaction using the income, comparable and replacement cost approaches. Explore the relationship between cost savings, lease terms and property values.

All seminars will improve your ability to recognize and evaluate cost-saving building operations and designs as well as new advances in lighting, windows, heating, ventilation and air-conditioning (HVAC) technologies. Seminars focus on office, retail and multi-family residential buildings. The seminars titled "Energy Efficiency and Its Effect on Property Value" also address single-family residential properties.   Seminars may include a tour of an energy-efficient building and an overview of technical and financial support for energy efficiency.

On average energy costs are commercial properties’ single biggest operating expense, equaling 10-25% of net operating income.  Energy efficiency and resulting energy costs can vary by up to 400% between otherwise similar buildings.  So, energy efficiency is a key driver of property income and value and its accurate consideration is critical to accurate valuation, leasing and sales decisions.

The techniques taught in this seminar yield significantly more accurate energy cost estimates than many widely used practices.  Recently, an appraisal that used a property’s unadjusted historical energy costs was revised to instead use techniques taught in this seminar; the revisions increased the valuation by more than $1 million (a 28% increase).

Upcoming Seminar Locations & Dates Offered:

Santa Fe Area Homebuilders Association - Green Building Summit

October 23-24   Santa Fe Convention Center (Santa Fe, New Mexico)

IMT's Cliff Majersik will be featured on both days and his seminars will earn local realtors, appraisers, and architects continuing education credits.  National co-presenters will be Gord Cooke and David Johnston.  More info at www.greenbuildingsummit.com.

Appraisal Institute

Date TBD   Roanoke, VA (location TBD)

"Energy Performance and Property Value"
Virginia Commonwealth Chapter of the Appraisal Institute
AI and state appraisal c-ed credit

Contact Cliff Majersik 202-328-5149 or Karie Walker, the Virginia Commonwealth Chapter 804-377-0940

Date TBD   San Francisco

"The Value Implications of Green"
Northern California Appraisal Institute Chapter
and state appraisal c-ed credit


Contact Cliff Majersik 202-328-5149 or the Northern California Appraisal Institute Chapter 925-932-7753 .

The Appraisal Institute offers the "Energy Efficiency and Commercial Property Value" seminar to its chapters across the US for chapters to serve as local seminar sponsors.  To arrange a seminar in your city, contact your local Appraisal Institute, AI's national headquarters (Arhlene Delfin 312-335-4216), or Cliff Majersik 202-328-5149.

NYU Real Estate Institute

Date TBD   New York City (Midtown Center, 11 W 42nd Street)

Hours: 9:00 to 5:30            C-ed Credit: ACEM-8 hours, NYCEM-7.5 hours

Details are not yet available.  Call 212-998-7200 or 888-998-7204       

Manfred Real Estate Learning Center

Date TBD   Albany, NY (16 Computer Drive West)

Hours: 8:30 to 4:30            7.5 hours appraiser and real estate c-ed credit

For more information, call Manfred RELC at 518-489-1682 or 1-800-559-RELC (7352)