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