Students have 45 days from the session start date to complete the course material for this program. This course is completed at the student's own pace.

Do I have to take the course exam?

You are required to complete and pass a proctored offline exam if:

• you are taking this class to meet state qualifying education requirements
• you are taking this class to meet the qualifying education requirements for an Appraisal Institute designation

You may be required to complete and pass a proctored offline exam if:

• you are taking this class to meet state continuing education requirements.  Most states do not require the exam for CE credit, but please confirm this with your state licensing board.

You are not required to complete and pass a proctored offline exam if:

• if you are taking this class to meet the continuing education requirements of an Appraisal Institute designation

• Identify the eight steps of the valuation process.
• Identify the basic components and processes used to derive a value indication when performing the income capitalization approach.
• Identify the six procedures for analyzing land or site value.
• Identify the three cost-estimating methods used by appraisers.
• Apply component costs to estimate the cost of residential building improvements.
• Identify typical elements of comparison used in the sales comparison approach.
• Analyze sales to select appropriate comparable properties.
• Derive adjustments using paired sales analysis.
• Reconcile the indicated values derived in the sales comparison approach to a single point value opinion.
• Recognize the types of reports used to communicate and appraisal analysis.

AI CE Credit for Designated members, Candidates for Designation and Practicing Affiliates
This program is approved for 1 hour of Appraisal Institute CE credit for every hour taken.