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    Basic Appraisal Principles

    More Info Register
    August 19-29, 2024
    Date
    August 19-29, 2024
    Sponsor
    Appraisal Institute
    Appraisal Institute - Synchronous (Live Online) Location
    Instructor
    Lisa M. Meinczinger, SRA, AI-RRS
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $480.00
    AI Price
    $405.00
    Enroll by August 29!
    View Pricing Options
    Course Description

    If you’re considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles. This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, real estate markets and analysis, highest and best use, and ethical considerations. The course should provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue.

    Co-developed by the Appraisal Institute, ASA, and ASFMRA

     
     
    Who Should Enroll
    • Beginning real property appraisers
    • Real estate professionals
    • Users of appraisal services
    • College students
    • Accountants
    AI CE Points
    Attend:
    150
    Attend & Pass Exam:
    200
    Pass Only:
    150
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 19810
    AK QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 19810
    AL CE 30 28 2 Synchronous Synchronous 10/01/2022 09/30/2024 C02669
    AL CE 28 28 Synchronous Livestream 10/01/2022 09/30/2024 C02669
    AL QE 30 28 2 Synchronous Synchronous 10/01/2022 09/30/2024 C02669
    AL QE 30 28 2 Synchronous Livestream 10/01/2022 09/30/2024 C02669
    AR CE 28 28 Synchronous Synchronous 07/25/2022 09/01/2024
    AR CE 28 28 Synchronous Livestream 05/06/2022 05/06/2024
    AR QE 30 28 2 Synchronous Synchronous 07/25/2022 09/01/2024
    AR QE 30 28 2 Synchronous Livestream 05/06/2022 05/06/2024
    AZ CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    AZ CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    AZ QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    CA CE 28 28 Synchronous Synchronous 08/25/2020 08/24/2024 20CP754601440
    CA QE 30 28 2 Synchronous Synchronous 08/25/2020 08/24/2024 20CP754601440
    CO CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 2404
    CO CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 2404
    CO QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 2404
    CT CE 18 18 Synchronous Synchronous 06/13/2023 05/09/2026 AAL.000661
    CT QE 30 28 2 Synchronous Synchronous 06/13/2023 05/10/2026 APR.000298
    DC CE 30 28 2 Synchronous Synchronous 01/18/2024 02/28/2026 4078
    DC QE 30 28 2 Synchronous Synchronous 01/18/2024 02/28/2026 4078
    DE CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    DE CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    DE QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    FL CE 20 20 Synchronous Synchronous 05/24/2023 05/03/2025 0010545
    FL QE 30 28 2 Synchronous Synchronous 09/08/2023 09/07/2025 0010657
    GA CE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 73830
    GA QE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 74391
    GA QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74007
    HI CE 28 28 Synchronous Synchronous 01/01/2024 12/31/2024 23-504
    HI CE 30 28 2 Synchronous Synchronous 01/01/2024 12/31/2024 23-504
    HI QE 30 28 2 Synchronous Synchronous 01/01/2024 12/31/2024 23-504
    IA CE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 A518-1110
    IA CE 28 28 Synchronous Synchronous 06/02/2023 06/01/2026 A518-1109
    IA QE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 A518-1111
    ID CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 520
    ID QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 520
    IL CE 28 28 Synchronous Synchronous 01/01/2023 12/31/2024 575.010448
    IL QE 30 28 2 Synchronous Synchronous 01/01/2023 12/31/2024 573.000695
    IN CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    IN CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    IN QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    KS CE 28 28 Synchronous Synchronous 01/01/2024 12/31/2024 175.C24.R
    KS QE 30 28 2 Synchronous Synchronous 01/01/2024 12/31/2024 301.P24.R
    KY CE 30 28 2 Synchronous Synchronous 07/01/2023 06/30/2024
    KY QE 30 28 2 Synchronous Synchronous 07/01/2023 06/30/2024
    LA CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026
    LA QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    MA CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 120110
    MA QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 120110
    MD CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    MD CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    MD QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    ME CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    ME CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    ME QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    MI CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 3476
    MI QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 3476
    MN CE 30 28 2 Synchronous Synchronous 08/01/2022 07/31/2024
    MN QE 30 28 2 Synchronous Synchronous 08/01/2022 07/31/2024
    MO CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026
    MO QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026
    MS CE 28 28 Synchronous Synchronous 06/02/2023 04/26/2025 MAB #50252
    MS QE 30 28 2 Synchronous Synchronous 06/02/2023 04/26/2025 MAB #50252
    MT CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026 REA-CEC-REC-17536
    MT QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 REA-CEC-REC-17536
    NC QE 30 28 2 Synchronous Synchronous 01/01/2024 12/31/2024
    ND QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 QE-223013
    ND QE 30 28 2 Synchronous Livestream 01/01/2022 QE2403
    NE QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    NH CE 28 28 Synchronous Livestream 01/28/2022 06/12/2026
    NH CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026
    NH QE 30 28 2 Synchronous Livestream 01/28/2022 06/12/2026
    NH QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    NJ CE 28 28 Synchronous Synchronous 02/14/2024 06/12/2026 2024-3005
    NJ QE 30 28 2 Synchronous Synchronous 02/14/2024 06/12/2026 2024-3005
    NM CE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 4254
    NM QE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 4254
    NV CE 28 28 Synchronous Synchronous 11/01/2023 10/31/2024 CE.0009602-A
    NV QE 30 28 2 Synchronous Synchronous 04/01/2024 07/31/2024 PL.0009464-A
    NY CE 28 28 2 Synchronous Synchronous 01/01/2024 12/31/2024 A5487-28
    NY QE 30 28 2 Synchronous Synchronous 01/01/2023 09/30/2024 A5486-28
    NY QE 30 28 2 Synchronous Synchronous 09/30/2023 09/30/2024 A5486-28
    OH CE 28 28 Synchronous Synchronous 01/01/2024 12/31/2024 084401604A 22
    OH QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    OK CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026 772
    OK QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 601
    OR CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026 APIN-Q-1121-8899
    OR QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 APIN-Q-0224-9021
    PA CE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    PA QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    PR CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    PR CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    PR QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    RI CE 30 28 2 Synchronous Synchronous 04/11/2024 01/12/2026 REA.0002147-CE
    RI QE 30 28 2 Synchronous Synchronous 04/11/2024 01/12/2026 REA.0002147-CE
    SC QE 30 28 2 Synchronous Synchronous 09/01/2022 08/31/2024 AS.1QE-1
    SD CE 30 28 2 Synchronous Synchronous 03/22/2022 03/04/2025 SD 363
    SD QE 30 28 2 Synchronous Synchronous 03/04/2022 03/04/2025 SD 685
    TN CE 28 28 Synchronous Livestream 05/01/2022 04/30/2024 825
    TN CE 30 28 2 Synchronous Synchronous 05/01/2022 04/30/2024 825
    TN CE 30 28 2 Synchronous Synchronous 05/01/2024 04/30/2026 825
    TN QE 30 28 2 Synchronous Synchronous 09/01/2022 08/31/2024 2405
    TN QE 30 28 2 Synchronous Livestream 05/01/2022 04/30/2024 825
    TX CE 30 28 2 Synchronous Synchronous 11/01/2023 06/12/2025 TX Provider #:10 Course #: 30846
    TX QE 30 28 2 Synchronous Synchronous 11/01/2023 06/12/2026 TX Provider #: 8038 Course #: 27856
    UT CE 28 28 Synchronous Synchronous 10/01/2022 09/30/2024 AC220907
    UT QE 30 28 2 Synchronous Synchronous 10/01/2022 09/30/2024 AQ220916
    VA CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    VA CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    VA QE 30 28 2 Synchronous Synchronous 03/09/2023 03/31/2025 4006000893
    VT CE 28 28 Synchronous Synchronous 06/15/2020 06/01/2024 CA-6387
    VT QE 30 28 2 Synchronous Synchronous 06/16/2020 06/01/2024 CA-6388
    WA CE 28 28 Synchronous Synchronous 06/02/2023 06/01/2026 A20105828
    WA QE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 A20105828
    WI CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    WI CE 30 28 2 Synchronous Synchronous 06/12/2023 06/12/2026 74333
    WI QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    WV CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026
    WV QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026
    WY CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 1541
    WY QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 1541
    Course Objectives
    • Recognize the components of ethical and competent appraisal practice.
    • Recognize the distinctive differences among land, real property, real estate, and personal property.
    • Recognize and identify the three major land description systems.
    • Recognize the major components that appear in all definitions of market value.
    • Recognize the definitions of the economic principles of change, anticipation, supply and demand, competition, substitution, balance, externalities, and highest and best use.
    • Solve basic real estate math problems in fractions, decimals, and percentages.
    • Solve for mean, median, and mode.
    • Use a financial calculator to perform mortgage calculations and to solve problems in simple and compound interest.
    • Recognize the definitions of appraisal practice, valuation services, appraisal review, and other key terms.
    • Identify the basic components in the appraiser’s scope of work decision.
    Course Details

    Program Overview:

    Online Syllabus

    Assignments:
    No

    Equipment:

    Additional Information:

    Course Materials Include:
    • Course Handbook (432 pp.)
    • Suggested Solutions (160 pp.)
     

    Requirements:
    Live Online Education FAQ

    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 08/29/2024
    $480.00 $405.00
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Appraisal Institute April 30 - May 10, 2024 Synchronous View Details Register
    Tennessee Chapter June 10-13, 2024 NASHVILLE, TN Classroom View Details Register
    Western Pennsylvania Chapter July 8-11, 2024 Pittsburgh, PA Classroom View Details Register
    Appraisal Institute July 9-19, 2024 Synchronous View Details Register
    North Star Chapter July 29 - August 1, 2024 Maple Grove, MN Classroom View Details Register
    Hoosier State Chapter October 8-11, 2024 Indianapolis, IN Classroom View Details Register
    Event Information

    Location:
    This course will be held via live interactive classroom technology. See below for important participation requirements.

    State Credit:
    A course may NOT be approved in every state for every delivery format. For example, some states do NOT allow any virtual education. When registering for any Appraisal Institute course, all participants will be required to check state approvals based on delivery format. For more information, see our state approvals page .

    Class Schedule:
    Class begins each day at 10:00AM Central time (8:00AM Pacific, 9:00AM Mountain, 11:00AM Eastern). Each class runs for three hours and forty-five minutes (3.75) each day with at least two breaks during that time. The course runs for eight (8) half-days.

    Times shown are U.S. Central (Chicago) time.

    Day 1: Monday, August 19, 10:00 am - 1:45 pm
    Day 2: Tuesday, August 20, 10:00 am - 1:45 pm
    Day 3: Wednesday, August 21, 10:00 am - 1:45 pm
    Day 4: Thursday, August 22, 10:00 am - 1:45 pm
    (No class on Friday, Saturday or Sunday)
    Day 5: Monday, August 26, 10:00 am - 1:45 pm
    Day 6: Tuesday, August 27, 10:00 am - 1:45 pm
    Day 7: Wednesday, August 28, 10:00 am - 1:45 pm
    Day 8: Thursday, August 29, 10:00 am - 1:45 pm

    AI National Synchronous Participation Requirements:
    • All students are required to have a computer, webcam, and microphone capability to participate and receive continuing or qualifying education credit where approved. It is the student’s responsibility to have the required equipment to participate and receive credit. Visit the System Requirements for Attendees and Share Webcam pages for help.

    • All students are required to keep their webcam on at all times while class is in session. Attendance will be monitored throughout the day through webcams and polling. A photo ID must be presented during roll call at the beginning of class on the first day.

    • The instructor must be able to interact with all students. Instructors and administrators will direct questions to each student in the morning and afternoon to which students must respond. Students must be in a location that allows for their full attention and interaction at all times.

    For questions regarding these classroom participation requirements, contact the Appraisal Institute at sync@appraisalinstitute.org or call (312) 335-4473.

    Connection Information:

    Several minutes after you receive your Appraisal Institute receipt email, you will receive a second email from GoToTraining which will include instructions on connecting to the live session and a link to a small download of the GoToTraining software. The software runs on almost all operating systems and popular browsers. Connection email reminders are re-sent 1 week, 1 day, and 1 hour prior to the live session start time. If you do not receive the connection information, please check your junk, spam, or quarantine folders. For questions, please email

    sync@appraisalinstitute.org

    or call (312) 335-4473.



    Download Course Materials:

    Log onto your AI Account at

    www.appraisalinstitute.org

    with the username and password you used when you registered. Click on “Education and Events” located on the right navigation menu. On the My Events page, find the course under the “Classroom Offerings/Synchronous Offerings/Conferences” heading and click the "View" button. Scroll down to the “Download Course Materials” section and click on each link to download the course materials.