75-Hour Appraisal Licensing Package

Lic Residential Appraiser

75-Hour Appraisal Licensing Package

Price: $525.00

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Are you ready to upgrade from an appraisal trainee to a licensed residential appraiser?

This package meets the minimum state required pre-license education necessary to apply for the licensed residential appraiser state exam.

Package includes:

  • Residential Market Analysis and Highest and Best Use - Syllabus
  • Residential Appraiser Site Valuation and Cost Approach - Syllabus
  • Residential Sales Comparison and Income Approaches - Syllabus
  • Real Estate Appraisal Report Writing (QE) - Syllabus

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

Residential Market Analysis and Highest and Best Use is a 15-hour course that 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 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.)
  • 7 required units with quizzes; multiple-choice unit exam
  • Final exam: 30 multiple-choice questions; closed-book/proctored; 70% to pass; 60-minute time limit

Residential Appraiser Site Valuation and Cost Approach Course (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

Residential Sales Comparison and Income Approaches Course (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. 15 classroom hours equates to 12.5 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

Real Estate Appraisal Report Writing Course (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 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 8.75 real hours (525 minutes) in the course and have successfully passed all required assignments.(*A classroom hour is defined as 50 seat minutes for each clock hour the course is approved.)
  • 4 required units with lesson quizzes and unit exam; one report writing (URAR) project

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.

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1-800-617-3513

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