154-Hour California Appraisal Residential Licensing Program

Lic Package 154

154-Hour California Appraisal Residential Licensing Program

Price: $888.00

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New Low Tuition (Was $1,322)!

If you are new to the California real estate appraisal profession, this is the licensing package for you.

Allied’s Real Estate Appraisal Licensing Program enables you to complete your required 154 hours of appraisal education from the comfort of your home.

Allied’s appraisal courses cover the topics included in the California state appraisal license requirements established by The Appraiser Qualification Board (AQB) of the Appraisal Foundation. This program provides you with a solid background of the appraisal field as well as the facts and reasoning to provide accurate valuations of property. Learn how to become an effective appraiser with the tools to estimate the current market value of a home.

Package includes:

  • Real Estate Trainee/Supervisor - Syllabus
  • Real Estate Appraisal Principles and Practices - Syllabus
  • Real Estate Appraisal Report Writing (QE) - Syllabus
  • 2016-2017 15-Hour National USPAP - Syllabus
  • Residential Market Analysis and Highest and Best Use - Syllabus
  • Residential Sales Comparison and Income Approaches - Syllabus
  • Residential Appraiser Site Valuation and Cost Approach - Syllabus

Real Estate Appraisal Trainee/Supervisor Course (4 Hours)*

The purpose of the Real Estate Appraisal Trainee/Supervisor course is to address the expectations and responsibilities of both the Supervisory Appraiser as well as the Trainee Appraiser. In order for a Trainee to earn acceptable experience, both the Supervisor and the Trainee must meet their duties and obligations. The main function of the Supervisory Appraiser is to help prepare a Trainee to demonstrate professional competence and work independently upon issuance of full licensure.

The course presents an overview of The Appraisal Foundation, its Boards, and their roles in establishing criteria for appraisals and qualifications for credentialed appraisers. Students will learn the AQB minimum qualifications for becoming and remaining a Supervisory Appraiser and for becoming a Trainee Appraiser. Additionally, the course presents the Supervisor/Trainee Relationship from the viewpoint of both the Supervisor and the Trainee. Both must meet their requirements and accept their responsibilities in order for the Trainee to obtain the required hours of experience.

  • 100% online text
  • 7 required chapters – each chapter includes multiple-choice quiz
  • Unit exam – 30-question, multiple-choice format; 70% to pass

*The Real Estate Appraisal Trainee/Supervisor Course is a mandatory state requirement, in addition to the 150 hours of pre-license appraisal education.

Real Estate Appraisal Principles and Practices (60 Hours)

In this course, you will learn about the appraisal profession, including the regulatory and licensing agencies and the specific levels of real property appraiser classifications. You will distinguish among the real property concepts and characteristics. Legal considerations and economic principles will be reviewed. Characteristics of the real estate markets will be discussed. From this discussion, you will understand the how integral the markets are to real estate transactions. In addition, you will examine the appraisal process, including the three main appraisal methods that are used to develop an opinion of value along with the highest and best use. You will learn how to inspect the subject property and how to identify items that an appraiser must consider when inspecting the exterior and interior of a property. The steps involved in the reconciliation process will be analyzed, and the appraisal reports that are recognized by USPAP will be identified. You will gain a better understanding of the importance of ethical appraisal practices by reviewing the USPAP standards that appraisers must follow in federally regulated transactions. Appraisal math and statistical concepts will be outlined as well.

  • 100% online text
  • Students must spend a minimum of 60 classroom* hours in this course. As such, students will not be permitted to access the Final Exam until they have logged 47 real hours (2820 minutes) in the course and have successfully passed all required assignments. (*Classroom hours are measured using a 50 minute hour. 60 classroom hours equates to 50 real hours.)
  • 15 required units with quizzes; multiple-choice unit exam
  • Final exam: 120 multiple-choice questions; closed-book/proctored; 70% to pass; 3 hours to complete

2016/2017 National USPAP Course (15 Hours)

This course provides you with information on the generally-accepted and recognized standards of appraisal practice in the United States. Learn the rules used in appraising the value of property.

  • 100% online text
  • 16 required modules
  • Final exam: 50 questions; closed-book/proctored; 74% to pass

Real Estate Appraisal Report Writing (QE, 15 Hours)

The Real Estate Appraisal Report Writing course is designed to give the beginning appraiser an introduction to the Uniform Residential Appraisal Report form and the requirements to follow when completing it. This course will focus on the Fannie Mae 1004 form for residential real estate, which is the most common type of property that a new appraiser will encounter. It also covers the Uniform Appraisal Dataset (UAD) that must be applied in each URAR report.

  • 100% online text
  • Students are required to spend a minimum of 15 classroom hours* in this course. As such, they will not be permitted to access the Final Exam until student have logged 8.75 real hours (525 minutes) in the course and have successfully passed all required assignments.(*Classroom hours are measured using a 50 minute hour. 15 classroom hours equates to 12.5 real hours.)
  • 4 required units with lesson quizzes and unit exam; one report writing (URAR) project

Residential Market Analysis and Highest and Best Use (15 Hours)

This course covers topics established by the Appraiser Qualifications Board of The Appraisal Foundation. This course will prepare the student to identify specific property, recognize factors affecting real estate, and present analyzed facts in a coherent, organized format that is consistent with USPAP standards. The fundamentals of the valuation and appraisal process are addressed. The student will learn about ethics, economic principles of value, and the real estate market, in addition to the process of estimating improvement costs and application of the cost approach.

  • 100% online text
  • Students are required to spend a minimum of 15 classroom hours* in this course. As such, they will not be permitted to access the Final Exam until student have logged 8.75 real hours (525 minutes) in the course and have successfully passed all required assignments.(*Classroom hours are measured using a 50 minute hour. 15 classroom hours equates to 12.5 real hours.)
  • 7 required units with lesson quizzes; multiple-choice unit exam
  • Final Exam: 30 multiple-choice questions; closed book/proctored; 70% to pass; 60-minute time limit

Residential Sales Comparison and Income Approaches (30 Hours)*

This course covers the fundamentals of the sales comparison and income approaches in appraising real estate. Students will learn how to identify specific property, recognize factors affecting real estate, and how to present analyzed facts in a coherent, organized format consistent with USPAP standards. This course also focuses on the topics established by The Appraiser Qualifications Board of The Appraisal Foundation.

  • 100% online text
  • Students must spend a minimum of 30 classroom* hours in this course. As such, students will not be permitted to access the Final Exam until student have logged 23.3 real hours (1400 minutes) in the course and have successfully passed all required assignments. (*Classroom hours are measured using a 50 minute hour. 30 classroom hours equates to 25 real hours.)
  • 14 required units with quizzes; multiple-choice unit exam
  • Final exam: 60 multiple-choice questions; closed-book/proctored; 70% to pass; 2 hours to complete
  • *A Hewlett Packard 12c financial calculator is needed to complete this course

Residential Appraiser Site Valuation and Cost Approach (15 Hours)

This course covers the fundamentals of site valuation and cost approach in appraising real estate. Students will learn about real estate, real property interests, and the factors that affect types of value. The appraisal process along with the types of depreciation and methods of calculation will be discussed. This course also focuses on the topics established by the Appraiser Qualifications Board of The Appraisal Foundation.

  • 100% online text
  • Students must spend a minimum of 15 classroom* hours in this course. As such, students will not be permitted to access the Final Exam until student have logged 11.75 real hours (705 minutes) in the course and have successfully passed all required assignments. *Classroom hours are measured using a 50 minute hour. 15 classroom hours equates to 12.5 real hours.)
  • 8 required units with quizzes; multiple-choice unit exam
  • Final Exam: 30 multiple-choice questions; closed book/proctored; 70% to pass; 60-minute time limit

Plus, you will also receive:

No-Cost Professional Membership

A National Association of Real Estate Appraisers (NAREA) professional trade membership will be included with the Real Estate Appraisal Principles and Practices course. In order to apply for membership, students must successfully complete their course. Membership offers appraisers the following benefits:

  • E & O Insurance at discounted group rates
  • Subscription to The Appraisal Times (the official newsletter of the NAREA)
  • Useful appraisal supplements and guides to assist you in appraising quickly and accurately according to current standards
  • Eligibility to attend NAREA’s annual trade show and conferences
  • NAREA Code of Ethics, suitable for framing
  • And much more!

Please Note:
On January 1, 2015, The Appraisal Qualifications Board (AQB) implemented new changes to qualifications. These changes are concentrated on the minimum qualifications appraisers need to obtain a license or upgrade to another license level. The requirements are effective for individuals seeking a real property appraisal license after January 1, 2015. Visit your state regulator for more information.

Enroll now or talk with an Allied Representative today.
1-800-617-3513

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