Ready to move from Trainee level to a Licensed Residential Appraiser? This package is designed just for you. It contains the required education to help you get to that next step in your career. Package includes: Residential Appraiser Site Valuation and Cost Approach, Residential Sales Comparison and Income Approach, Residential Market Analysis and Highest and Best Use, and Residential Report Writing and Case Studies.
Complete with 75 hours of the new Real Estate Appraiser Qualification Criteria for Illinois, this package includes three courses: Basic Appraisal Principles, Basic Appraisal Procedures, and the 2014-2015 15-Hour Equivalent USPAP Course. Also included in this package is the USPAP Manual eBook.
Gain a foundation in appraisal principles. This course is an introduction to topics including legal considerations, what influences the value of real estate, real property concepts and characteristics, principles of economics, types of value and real estate markets and analysis, ethical considerations and highest and best use. This 30 hour course fulfills the Real Property Appraiser Qualification Criteria for the levels of Trainee up to Licensed Appraiser.
Want thorough insight into the process of valuation? Then this course is for you! During this 30-hour curriculum, students will learn the three approaches used by appraisers to reach the opinion of value (income capitalization, sales comparison and cost) and how to derive multipliers and rates. Also included is a guide through the sales comparison approach, which is comprised of checking the validity of information, organizing a comparative analysis, making adjustments, selecting comparison units, and how to conducting market research and reconciliation. Students will enjoy the hands-on completion of crucial sections of an appraisal report as well as gain insight into property description, design basics and construction. This course fulfills 30 hours of Real Property Appraisal Qualification Criteria for the levels of Trainee to Licensed Appraiser. It is advised to complete the Basic Appraisal Principles and Procedures Courses before taking this course.
Round out your foundational understanding of appraisal valuation approaches. Focusing on the two types of valuation concepts other than cost approach, this course fulfills 15 hours of Real Property Appraiser Qualification Criteria for appraisers from the Trainee level to the Licensed Appraiser level. Learn the process for both as well as how to gather and analyze needed information. Highlights include: the use of appraisal comparison grids, tips on locating needed information and a comparison with pros and cons of both the residential sales comparison and the income approach. Prerequisites: Basic Appraisal Principles and Procedures Courses.
Understand your role and responsibility as an appraiser. This mandatory course gives you a foundation in appraisal from a national level. The content centers on the rules and regulations set in the USPAP that define what ethical behavior and competent actions are for the role of the appraiser. Learn what an appraiser does and the importance of impartiality in this industry. Learn the application of USPAP in all portions of appraisal.
Dive into all the details of how to prepare the URAR (Uniform Residential Appraisal Report). This 15 hour course walks the student through each step of filling out the form within the instructions and rules set forth by the FHA (Federal Housing Authority).
Residential Appraiser Site Valuation and Cost Approach (v3)
Gain confidence in your appraisal valuation skills! A more in-depth dive into appraisal valuation concepts and cost approach applications, this course meets 15 hours for the Trainee level up to the Licensed Appraiser level of Real Property Appraiser Qualification Criteria. Develop a stronger understanding of the process of the cost approach as this covers step-by-step the appraisal value process while applying this method. Highlights include interview methods and tips, market extraction, and data sources from professional services. Please note that Basic Appraisal Principles and Basic Appraisal Procedures are both prerequisites for this course.
Residential Market Analysis and Highest and Best Use (v2)
Make solid decisions in the valuation process. Understand the interdependence within the application of market analysis and highest and best use. Meeting 15 hours of Real Property Appraiser Qualification Criteria for appraisal Trainees up to Licensed Appraisers, this course highlights the association between cost, income capitalization and sales comparison (the three valuation concepts), highest and best use reasoning and analysis of the market. Basic Appraisal Principles and Basic Appraisal Procedures are both prerequisites for this course.
Get a crash course in appraisal report writing! Students will enjoy this hands-on constructive course focused on learning how to create effective, well-formed reports for appraisals. Both content and exercises focus on appraisal writing techniques, gaining a real understanding of and ability to apply residential valuation procedures and grammar guidelines. Specific residential case studies are used as examples to help students gain a realistic view. Examples help students grasp narrative comment writing on form appraisal reports and also how to explain the process and reasoning behind the valuation conclusions to those who use the reports. 15 hours of Real Property Appraiser Qualification Criteria for the Trainee through Licensed Appraiser level upon completion of this course. Students need to have taken Basic Principles and Basic Appraisal Procedures to be able to sign up.
Take Illinois Real Estate Appraisal Licensing Courses From Home!
Because our mission is enabling students to achieve their goal of passing the Illinois real estate trainee and Illinois appraisal license state exams on the first try, Career WebSchool exclusively offers the highest quality online real estate appraisal education courses to help you meet your Illinois appraisal license requirements. Built on twenty years of documented success, we're the ONLY online Illinois real estate appraisal education provider offering courses delivered using the proven Mastery and Fluency education methodology. Our first time passing rates meet or exceed any other provider including in-class instruction!
Thanks for the very helpful response. It gives me much more confidence about signing up for a web-based class. Your response differentiates your school from your competition in a favorable way, because your answers appeared to be customized for me, not just cut and pasted from a marketing document.
Just for your information, the other online appraisal schools I have been considering could not be bothered to personally respond to my email, so they failed that test from me. (If they can't answer an email, how do I know they will be responsive to me as a student?)One wasn't even sure if their graduates were eligible for licensing in my state! They suggested I call the state to find out! Can you imagine? But this is your competition, fyi.
Our online delivery system for real estate appraisal license courses was one of the first in the nation to gain approval from IDECC. IDECC standards insure the best quality in delivery and support is routinely delivered to the student. Online Real Estate Appraiser Schools displaying this seal have met the high standards of quality required by the International Distance Education Certification Center for online real estate appraiser licensing courses and real estate appraisal schools.
Career WebSchool: 1-888-553-1267
Career WebSchool Appraisal School has offered online real estate pre-license courses since 1989 and online real estate appraisal training since 2001. Career Web School Illinois is an Online Real Estate Appraisal School offering prospective real estate appraisers an easy, cost-effective method of satisfying your Illinois Real Estate Appraiser Trainee, License and Certified Residential classification level appraisal education. Existing real estate appraisers may satisfy their Illinois Licensed Real Property Appraiser education or real estate appraiser Continuing Education with ease as well. All of our real estate appraiser license education courses are APPROVED by the Illinois Real Estate Appraisers Board.
How does an Appraisal Training Course work?
Self-Paced Online Training
Each Illinois Real Estate Appraisal License qualifying course is divided into lessons that take about 20-30 minutes on the average. Each lesson consists of text with multiple choice questions mixed in. The text is presented one small, easy-to-understand sentence or paragraph at a time. After a few screens of text, you will answer a few questions about what you have read. As you progress through the lesson, the learning process keeps track of how you are doing on the questions. After all the text is presented, the computer will go back to the questions you missed or had problems with and review them in random order. You'll keep working on the lesson until you've answered all the questions correctly on two occasions. At that point, the lesson will be marked as complete on the main menu. You can quit a lesson at any time and a bookmark will save your place, so you don't have to repeat work you've already done when you return to a lesson.
Instructor-Led Online Courses
We also offer instructor-led online courses. Students login to their course at a set time and an instructor will teach the entire course online. Students are required to be online for the duration of the class. Periodically students will be asked questions so the instructor can verify presence. At the end of the course students will be given a final exam that is required to complete the course.
Select View Online Instructor-Led courses on the right hand side of the screen to see what courses are being offered in this format and dates and times for the courses. After registering, you will receive instructions on how and when to login to your course. The instructor will teach the course through live streaming video, Power Point slides and online quizzes. If you have any questions about these courses, please contact Career WebSchool at 888-553-1267.
The Appraisal Foundation Appraisal Qualifications Board mandates that all real estate appraisal training qualifying courses have end of course final exams delivered in a proctored setting. After you've finished all the lessons in the appraisal license course, the Career WebSchool administrators will work with you to locate and schedule a location and acceptable proctor. The administrator will then ship the exam materials for the Illinois Real Estate Appraisal education license course to the proctor who will administer the exam at a scheduled time. The proctor will then return the finished answer form along with all test materials to the Career WebSchool administrator for grading. You are responsible for any proctoring fees associated with having your final exam proctored.
Illinois Real Estate Appraisers Board mandates that the proctored exams be delivered from a testing center only. A proctor for a real estate appraiser license end of course final exam cannot be anyone related by blood, a past or prospective employer, or anyone that would present a perceived conflict of interest.