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SRA AI -ARS Marcos E. Salas, SRA, AI-RRS <br />EDUCATION <br />2006-2008 Master in Business Administration, MBA <br />Major in Marketing <br />Metropolitan University of Puerto Rico <br />1996-2000 Bachelor of Science, BS <br />Major in Agriculture and Pre -Veterinary Medicine <br />University of Puerto Rico, Mayaguez Campus <br />APPRAISAL INSTITUTE APPROVED CLASSES <br />■ Appraisal Principles (AI -110) <br />■ Appraisal Procedures (AI -120) <br />■ Basic Income Capitalization (AI -310) <br />■ General Applications (AI -320) <br />■ General Appraiser Site Valuation and Cost Approach <br />■ OL300GR — Online Real Estate Finance Statistics and Valuation Modeling <br />■ Apartment Appraisal: Concepts and Applications (AI -330) <br />■ Residential Market Analysis and Highest and Best Use (AI -200R) <br />■ Residential Case Study (AI -210) <br />■ Advance Income Capitalization (AI -510) <br />■ Highest and Best Use and Market Analysis (AI -520) <br />■ Advance Sales Comparison and Cost Approach (AI -530) <br />■ Narrative Report Writing (AI -540) <br />■ Advanced Applications (AI -550) <br />■ Advance Residential Applications & Case Study, Part I <br />■ Advance Residential Report Writing, Part II <br />■ Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets <br />APPRAISAL INSTITUTE APPROVED SEMINARS <br />■ Appraisal Consulting; A Solutions Approach for Professionals <br />■ Valuations of Hotels in Puerto Rico Seminar <br />■ Appraisal of Local Retail Properties <br />■ Professional's Guide to the URAR Form 1004 <br />■ Uniform Standards of Professional Appraisal Practice <br />■ FHA and the Appraisal Process <br />■ Rates and Ratios: Making sense of GIMs, OARS, and DCF <br />■ Professional's Guide to the Fannie Mae 2-4 Unit Form 1025 <br />■ Market Analysis and Site to Do Business <br />■ "Laws and Rules for the Appraisal Profession in Puerto Rico" <br />■ Subdivision Valuation <br />■ GIS- The Executive Overview <br />■ GIS- The Novice Case Study <br />■ Site Use and Valuation Analysis <br />-44- <br />