About the Course
Course Details
- Course Date: 4th November until 20th November, 2024
- Course Duration: 3 week (3 days/week)
- Time: 5:30pm - 8:30pm
- Location: GUST
Introduction
The Real Estate Appraisal Program Level l provides a comprehensive overview of the property appraisal process, focusing on the fundamental principles and methodologies used to evaluate real estate. This program introduces participants to key concepts in property valuation, including market analysis, the role of an appraiser, and the different approaches to determining property value. Special emphasis is placed on the appraisal of residential properties, covering essential techniques such as the comparative sales approach, cost method, and income approach. Through hands-on exercises and case studies, participants will gain practical experience in evaluating residential real estate and preparing professional appraisal reports.
Who Should Attend
- Real estate professionals looking to expand their expertise in property valuation
- Bankers, mortgage lenders, and financial professionals involved in property transactions
- Investors and property developers who want to enhance their knowledge of real estate appraisal
- Anyone interested in starting a career in real estate or gaining insight into the appraisal process for residential properties
Key Benefits
- This course has been specifically designed for the Kuwaiti market by Kuwait Finance House, one of the leading pioneers in the field of real estate appraisal, in collaboration with Gulf University for Science and Technology, a leader in the academic and educational fields
- It is the only course accredited by the Real Estate Appraisal Department at Kuwait Finance House.
- The course qualifies participants to obtain international accreditation
Program Outline
- Introduction to the Real Estate Sector
- Fundamentals of Real Estate Appraisal
- Overview of International Valuation Standards
- Building Regulations for the Residential Sector in Kuwait
- Appraisal Using the Market Approach (Sales Comparison)
- Appraisal Using the Cost Approach
- Appraisal Using the Income Approach (Brief Overview)
- Practical Applications and Case Studies from the Kuwaiti Market