Please Click Here to Watch a Video Overview of the Seminar, "Appraising Convenience Stores" (5 min).
What Students Are Saying:
"I went to Memphis
to take the seminar Appraising Convenience Stores. Robert Bainbridge wrote the book for the Appraisal Institute and taught
the seminar. It was the best seminar I have ever taken. One thing you learn from the seminar is that the Hyper Markets(c-stores)
like Wal-Mart gas and Sam's Club are hurting the c-store business and many are in trouble. I read Home Depot may be selling
gas soon. If any of you have a chance to take his seminar you ought to take it."
Joe Rosen MAI, Columbia, South Carolina
"I enjoyed the seminar Appraising
Convenience Stores tremendously. It was one of the best seminars I have attended in a long time."
Bob McGee MAI, Strongsville, Ohio
You will gain valuable insights
into the convenience industry from interviews with owner-operators, industry experts, and c-store lenders. Over 250 illustrative
photographs, diagrams and video segments, along with discussion questions and a case study, familiarize students with every
aspect of appraising convenience stores. Meet the challenge of appraising the going-concern value, separating and appraising
the tangible assets and intangible assets of this specialized, yet frequently encountered appraisal assignment.
After attending this seminar, you will gain:
· Specialized knowledge and skills to appraise these special purpose properties.
· A comprehensive
education into the convenience industry, including an in-depth look at the challenges facing the convenience store retail
· Analytical tools for assessing the trade area.
· Ways to accurately describe
and consider the site, building, fuel service and equipment.
· The ability to process the cost, sales comparison,
and income capitalization approaches as applied to convenience stores.
· Methods to avoid pitfalls and potential
mistakes in appraising convenience stores.
Please note: It is recommended that students bring a calculator
to the seminar.
TO TAKE THIS SEMINAR, CONTACT:
Student Materials Authored by
• Discussion Guide
• Earnings Analysis Software
Shell Downstream Inc.
In conjunction with the Appraisal Institute, Mr. Bainbridge developed a custom training and professional
development seminar for Shell Downstream, Inc. (part of Royal Dutch Shell) designed to instruct overseas acquisition
and disposition personnel in real estate appraisal and valuation theory and techniques for land valuation. This
program includes authoring a 400-page Student Handbook and developing land valuation models using Excel® templates for
the sales comparison approach (when sales exist) and land residual technique (when sales do not exist) in addition to sessions
on highest and best use and fundamentals of real estate economic theory, and global market conditions.
This seminar also
included instructional sessions on International Valuation Standards (IVS) and Generally
Accepted Valuation Procedures (GAVP) and Valuation for Financial Reporting as developed
by the International Financial Reporting Standards (IFRS).
In completing this seminar, real estate-related investigations and expert interviews were conducted in
and the United
Kingdom in addition to reviewing appraisal reports
prepared for Shell from all over the world.
Kuala Lumpur, Malaysia
with students from
India, Indonesia, Malaysia, Pakistan, Singapore, Thailand, and The Philippines.
Post-Workshop Comments from the Global
Retail Acquisitions and Disposal Standards Manager and Students
"FYI. We had a successful Land Valuation Workshop
in Kuala Lumpur, Malaysia last September 15-17. It was facilitated by Robert Bainbridge, a valuer/trainer from the US.
He holds the MAI and SRA professional designations of the Appraisal Institute (USA) and the MRICS designation from the Royal
Institution of Chartered Surveyors (UK). His 25 years of experience doing valuation work provided a lot of insights
into the workshop which the participants really appreciated."
Global Acquisition & Disposal Standards Manager
Retail Network Real Estate
Shell Downstream, Inc.