Career WebSchool

Takes you step-by-step through the valuation process:

• Learn three approaches to reaching an opinion of value-income capitalization, cost, and sales comparison.
• Learn how rates and multipliers are derived and be guided through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation.
• Complete key sections of an appraisal report and be introduced to property description, construction and design basics.
• Completion of an introductory level Real Estate (or Basic) Appraisal Principles course is recommended as a prerequisite for this course.
• Credit for 30 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Trainee through Licensed Appraiser level.

Provides an introductory understanding of fundamental concepts of appraising.

• Guides you through the different data that needs to be collected and reviewed during the appraisal process.
• Explains how to use sales comparison grids and how to search for public comparable sales data in a computerized database.
• Describes the income approach process and lists each of the steps in the process.
• Completion of Basic Appraisal Principles and Procedures Courses required as a prerequisite for this course.
• Credit for 30 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.

Provides step-by-step, in-depth instructions for preparing the Uniform Residential Appraisal Report (URAR) within the guidelines set by the Federal Housing Authority (FHA) and in compliance with USPAP.

Provides an introductory understanding of fundamental concepts of appraising.

• Focuses on the valuation of vacant land parcels and the development of the cost approach.
• Develops your skills by creating a current cost estimate using market extraction, interview techniques, and information provided by professional cost data sources.
• Covers the origin of the appraisal assignment to a final value estimate using various cost approach applications.
• Completion of Basic Appraisal Principles and Procedures Courses required as a prerequisite for this course.
• Credit for 15 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.