ALC case studies
ALC · Put your knowledge to work in context.
The Accredited Land Consultant (ALC) designation is a professional credential in land real estate offered through the REALTORS® Land Institute. According to RLI, it is the only land-specific designation backed by the National Association of REALTORS®, and it is held by land professionals who specialize in agricultural land, timberland, ranch and recreational properties, or vacant land for development. The ALC case studies are 5 cases and about 3,052 words.
1The 62-Acre Orchard Transition: Broker's Price Opinion vs. Highest and Best Use
You are a land broker in a Central Valley county. A retiring grower owns 62 contiguous acres planted to an older almond block (planted 2002, low-density spacing) and asks you to list it.
677 words, about 3 min2Wholesaling a 40-Lot Subdivision: Assignability, Disclosure, and the End Buyer
You represent a land wholesaler who has 40 finished, platted single-family lots under contract at 55,000/lot ( 2.2M total) with a 90-day close and a 50,000 earnest money deposit. The wholesaler's plan is to assign the contract to a national homebuilder at 68,000/lot ( 2.72M), netting ~ 520,000 before fees.
581 words, about 3 min3Timberland Auction Reserve: When the High Bid Doesn't Clear the Reserve
You are the auctioneer/broker for a 480-acre timberland tract being sold at absolute-with-reserve auction for an estate. The estate's attorney set a reserve of 1,850/acre ( 888,000) based on a 2019 appraisal.
557 words, about 3 min4Assembling a 210-Acre Development Site: The Holdout Parcel
A regional builder has engaged you to assemble 210 contiguous acres for a master-planned community. You have optioned 190 acres from four owners at 60,000/acre ( 11.4M) with 120-day options.
643 words, about 3 min5Vineyard Appraisal Conflict: Income Approach vs. Sales Comparison
You are asked to review an appraisal of a 75-acre premium winegrape vineyard for a lender considering a 4.5M loan. The appraiser concluded 6.8M ( 90,667/acre) using the sales comparison approach with three comps of Napa/Sonoma vineyard sales at 85–95k/acre.
594 words, about 3 min