I wanted to learn to use Argus Software because my company can benefit using more efficient audit tools for property acquisitions. Currently, we use Microsoft Excel. While that’s fine, DCF software offers a more tailored approach to property valuation. Not to mention, Argus software certification (or at least Argus valuation experience) is great resume builder and almost a necessity if and when I enter the job market in the future.
In my research, I found several different companies that offer Argus training, both Argus Software the company and third party vendors. I’m sure you can learn a lot of information with classroom training, but all of the classes are awfully expensive – easily over a thousand dollars. Also, because I live in Florida, I’d have to travel quite a distance. Each different Argus training program is in New York, LA, or Chicago, requiring hefty travel expenses.
Eventually, I came across Property Pro! It’s an online Argus training website that uses videos to teach. I went through all of their novice videos and now have a solid foundation for using Argus financial software. Their videos are pretty affordable and short, but packed with everything I needed to know to get started with Argus. There are still some more advanced features I want to learn about, but Property Pro says those videos “aren’t available yet, but will be soon.” I hope so, as it’s nice being able to learn Argus modeling in my own comfortable environment.
Now, its great that you want to get some ARGUS training, but before you do, you’ll need a copy of ARGUS DCF. If your company already has an ARGUS Software license, you can take an ARGUS modeling course using their copy. If you’re not so lucky, its ok, ARGUS offers a free trial version of the ARGUS Software for you to test it out.
Installing ARGUS is pretty simple, just make sure you’ve already downloaded the trial copy and follow along with the YouTube video below. It will walk you through the ARGUS Software installation.
Once you’ve installed the DCF software trial, you can get started with your classroom training or ARGUS training online. After you learn some of the functionality of the ARGUS financial software, you’ll realize its one of the most useful audit tools available for commercial real estate professionals.
As I mentioned in my last post, I’ve been looking into different options for an ARGUS training program.
One of the most prevalent seems to be classroom training. I’ve investigated a few providers of ARGUS classroom training (even called ARGUS Software), and I’m not too pleased with the results. First of all, the classroom training is only available at certain times of the year – so you’ll need to set aside a weekend or a few work days, depending on when its offered. Factor in a flight and hotel, and your endeavor to learn ARGUS modeling is becoming quite expensive.
Of course, I’d be looking for my company to pay for it, but I’m not sure how easy it will be to have them approve such a high-cost DCF software course. Also, most of the ARGUS modeling courses appear to be in Chicago, New York, or LA. Travel these days hasn’t been cheap.
So let’s add it up – what will be the cost for me to learn ARGUS financial software? We’ll say $1,000 as an average cost of the 2-day ARGUS training program. Add in a minimum of $500 for airfare, plus a high-priced hotel, say $400 for two nights. Not even including food or transportation expenses, we’re almost at $2,000.
Frankly, I’m not even sure I want to mention this to my boss. I think some form of ARGUS training would benefit me, but maybe I can experiment with ARGUS Software a little bit on my own before jumping in all the way.
I’ve talked to a few colleagues who have mentioned an online ARGUS training program, but I haven’t found one at a reasonable price yet; Keep you updated.
As the leading provider of DCF software, learning ARGUS has become a necessity in today’s commercial real estate firm. Regardless of your role in the commercial real estate field, broker servicing investors, developer/investor, or institutional investor, you’ve probably come to rely on ARGUS financial modeling for your valuation needs, but how did you learn to use ARGUS Software?
Because so many firms have come to rely on ARGUS as an audit tool, ARGUS training is becoming more of a necessity in order to compete in today’s job market.
From my research, I’ve found several variations of the ARGUS training program, all teaching ARGUS modeling basics and moving into more advanced topics as your knowledge of ARGUS software grows.
If you’re nervous to just jump into using ARGUS Valuation DCF, it might be a good idea for you to look into ARGUS training. As I mentioned, there are several options for ARGUS training, but they can get pricey, so make sure to find one that best suits your needs.
Hi, my name is Clark Paulson and I'm a CRE professional. I follow technology trends in commercial real estate and have recently been focusing more on ARGUS Software and how it can make the task of real estate valuation easier...as long as you have the right ARGUS training.
If you want to read more, click the "About Me" link below.