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    Basic Appraisal Principles

    Register
    Date
    February 12-15, 2024
    Location
    Chicago, IL
    Sponsor
    Chicago Chapter
    Instructor
    Dan Ryan, SRA
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $525.00
    AI Price
    $500.00
    Enroll by February 13!
    View Pricing Options
    Classroom
    Topics:
    Begin Your Career
    Commercial
    Residential
    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

     
     
      
     
     
     

     

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    Who Should Enroll
    • Beginning real property appraisers
    • Real estate professionals
    • Users of appraisal services
    • College students
    • Accountants
    AI CE Points
    Attend:
    150
    pts
    Attend & Pass Exam:
    200
    pts
    Pass Only:
    150
    pts
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    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
    Classroom & Synchronous

    Table of Contents and Overview
    Course Schedule
    Online & Synchronous

    Online Syllabus
    Prerequisites
    None
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 02/13/2024     		$525.00 $500.00
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    Disclaimer Information
    100% attendance is required