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    Basic Appraisal Procedures

    Register
    Date
    On Demand
    Location
    Sponsor
    Appraisal Institute
    Instructor
    Thomas R. Kirby, MAI, SRA
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $480.00
    AI Price
    $405.00
    Course Description

     

    Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process: defining the problem, collecting and analyzing data, reaching a final opinion of value, and communicating the appraisal. Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation. The course will guide you 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. Finally, the course provides an introduction to property description and construction and design basics.

     
    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 28 28 Online Online 04/18/2022 04/18/2025 18867
    AK QE 30 28 2 Online Online 04/18/2022 04/18/2025 18867
    AL CE 28 28 Online Online 10/01/2022 09/30/2024 C02671
    AL QE 30 28 2 Online Online 10/01/2022 09/30/2024 C02671
    AR CE 28 28 Online Online 04/01/2022 05/06/2024
    AR QE 30 28 2 Online Online 04/01/2022 05/06/2024
    AZ CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    AZ QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    CA CE 28 28 Online Online 06/24/2023 06/23/2027 07754117
    CA QE 30 28 2 Online Online 06/24/2023 06/23/2027 07754117
    CO CE 30 28 2 Online Online 06/02/2022 06/01/2025 2374
    CO CE 28 28 Online Online 06/02/2022 06/01/2025 2374
    CO QE 30 28 2 Online Online 06/02/2022 06/01/2025 2374
    CT CE 28 28 Online Online 10/12/2022 06/01/2025 AAL.000981
    CT QE 30 28 2 Online Online 05/01/2022 05/01/2025 APR.000271
    DC CE 28 28 Online Online 03/01/2020 02/28/2024 4014
    DC QE 30 28 2 Online Online 03/01/2020 02/28/2024 4014
    DE CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    DE QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    FL QE 30 28 2 Online Online 09/22/2023 09/26/2025 0010539
    GA CE 30 28 2 Online Online 06/16/2023 06/01/2025 70822
    GA QE 30 28 2 Online Online 06/16/2023 06/01/2025 70823
    HI CE 30 28 2 Online Online 06/02/2022 12/31/2023 22-176
    HI CE 30 28 2 Online Online 06/02/2022 12/31/2023 18-157
    HI CE 28 28 Online Online 06/02/2022 12/31/2023 22-176
    HI CE 30 28 2 Online Online 01/01/2024 12/31/2024 23-377
    HI CE 28 28 Online Online 01/01/2024 12/31/2024 23-377
    HI QE 30 28 2 Online Online 06/02/2022 12/31/2023 22-176
    HI QE 30 28 2 Online Online 01/01/2024 12/31/2024 23-377
    IA CE 28 28 Online Online 04/29/2022 06/01/2025 A518-685
    IA CE 30 28 2 Online Online 04/29/2022 06/01/2025 A518-1057
    IA QE 30 28 2 Online Online 04/29/2022 06/01/2025 A518-686
    ID CE 28 28 Online Online 09/09/2022 06/01/2025
    ID QE 30 28 2 Online Online 09/09/2022 06/01/2025
    IL CE 28 28 Online Online 01/01/2023 12/31/2024 575.001371
    IL QE 30 27 3 Online Online 01/01/2022 12/31/2024 573.000694
    IN CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    IN QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    KS CE 30 28 2 Online Online 01/01/2023 12/31/2023 176.C23.R
    KS QE 30 28 2 Online Online 01/01/2023 12/31/2023 305.P22.R
    KY CE 30 28 2 Online Online 07/01/2023 06/30/2024
    KY QE 30 28 2 Online Online 07/01/2023 06/30/2024
    LA CE 28 28 Online Online 09/09/2019
    LA QE 30 28 2 Online Online 09/09/2019
    MA CE 28 28 Online Online 05/17/2022 06/01/2024 120084
    MA QE 30 28 2 Online Online 03/27/2023 06/01/2025 120150
    MD CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    MD QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    ME CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    ME QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    MI CE 28 28 Online Online 06/02/2022 06/01/2025 3001
    MI QE 30 28 2 Online Online 06/02/2022 06/01/2025 3001
    MN CE 30 28 2 Online Online 08/01/2022 07/31/2024
    MN CE 28 28 Online Online 08/01/2023 07/31/2025 1018756
    MN QE 30 28 2 Online Online 08/01/2023 07/31/2025 1018755
    MO CE 28 28 Online Online 05/12/2022 06/01/2025
    MO QE 30 28 2 Online Online 05/12/2022 06/01/2025
    MS CE 28 28 Online Online 06/02/2022 06/30/2024 MAB #50068
    MS QE 30 28 2 Online Online 06/02/2022 06/30/2024 MAB #50068
    MT CE 28 28 Online Online 05/04/2022 05/04/2025 REA-CEC-REC-15347
    MT QE 30 28 2 Online Online 05/04/2022 05/04/2025 REA-CEC-REC-15347
    NC QE 30 28 2 Online Online 01/01/2023 12/31/2023
    ND CE 30 28 2 Online Online 09/05/2007 QE-2710
    ND QE 30 28 2 Online Online 09/05/2007 QE-2710
    NE CE 28 28 Online Online 06/01/2022 06/01/2025
    NE QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    NH CE 30 28 2 Online Online 07/07/2022 06/01/2025
    NH QE 30 28 2 Online Online 03/01/2023 06/01/2025
    NJ CE 28 28 Online Online 04/20/2022 2022-3456
    NJ QE 30 28 2 Online Online 04/20/2022 2022-3456
    NM CE 28 28 Online Online 06/02/2022 06/01/2025 4220
    NM QE 30 28 2 Online Online 06/02/2022 06/01/2025 4220
    NV CE 30 28 2 Online Online 10/24/2022 12/31/2023 CE.0009527-A
    NV CE 30 28 2 Online Online 01/01/2024 10/02/2024 CE.0009527-A
    NV QE 30 28 2 Online Online 08/01/2022 07/31/2024 PL.0009465-A
    NY CE 28 28 Online Online 01/01/2023 12/31/2023 A5481-28
    NY CE 28 28 Online Online 01/01/2024 12/31/2024 A5481-28
    NY QE 30 28 2 Online Online 10/01/2023 09/30/2024 Q0204 R6
    OH CE 28 28 Online Online 01/01/2023 06/01/2025
    OH QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    OK CE 28 28 Online Online 04/25/2022 06/01/2025 60C
    OK QE 30 28 2 Online Online 04/25/2022 06/01/2025 60C
    OR CE 28 28 Online Online 06/02/2022 06/01/2025 APIN-Q-0419-8782
    OR QE 30 28 2 Online Online 05/17/2022 06/01/2025 APIN-Q-0522-8930
    PA CE 30 28 2 Online Online 06/02/2022 06/01/2025
    PA QE 30 28 2 Online Online 06/16/2022 06/01/2025
    PR CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    PR QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    RI CE 28 28 Online Online 05/18/2022 06/01/2025 REA.0001885-CE
    RI QE 30 28 2 Online Online 05/18/2022 06/01/2025 REA.0001885-CE
    SC QE 30 28 2 Online Online 09/01/2022 08/31/2024 AS.1DQE-2
    SD CE 30 28 2 Online Online 07/12/2022 05/13/2025 SD 455
    SD QE 30 28 2 Online Online 05/13/2022 05/13/2025 SD 455
    TN CE 30 28 2 Online Online 03/16/2023 03/31/2025 2664
    TN QE 30 28 2 Online Online 09/01/2022 08/31/2024 2403
    TX CE 28 28 Online Online 06/01/2022 06/01/2024 TX Provider #:10 Course #: 36891
    TX QE 30 28 2 Online Online 06/01/2022 06/01/2025 TX Provider #:8038 Course #: 27855
    UT CE 28 28 Online Online 03/16/2023 03/31/2025 AC230323
    UT QE 30 28 2 Online Online 03/15/2022 03/31/2024 AQ220309
    VA CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    VA QE 30 28 2 Online Online 04/08/2022 05/31/2024 4006000286
    VT CE 28 28 Online Online 05/02/2022 05/02/2026
    VT QE 30 28 2 Online Online 04/12/2022 04/13/2026
    WA CE 28 28 Online Online 11/15/2021 03/25/2024 A21034235
    WA QE 30 28 2 Online Online 11/15/2021 03/25/2024 A21034235
    WI CE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    WI QE 30 28 2 Online Online 06/01/2022 06/01/2025 56800
    WV CE 30 28 2 Online Online 03/16/2023 03/25/2024
    WV QE 30 28 2 Online Online 06/16/2023 06/01/2025
    WY CE 28 28 Online Online 04/18/2022 06/01/2025
    WY QE 30 28 2 Online Online 04/18/2022 06/01/2025
    Course Objectives
    • 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 an appraisal analysis.
    Course Details
    Classroom & Synchronous

    Table of Contents and Overview
    Course Schedule
    Online & Synchronous


    Online Syllabus
    Prerequisites
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 12/31/2050
    $480.00 $405.00
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    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute December 2-12, 2024 Synchronous View Details Register
    Chicago Chapter February 19-22, 2024 Chicago, IL Classroom View Details Register
    Tennessee Chapter June 17-20, 2024 NASHVILLE, TN Classroom View Details Register
    Appraisal Institute February 5-15, 2024 Synchronous View Details Register
    Appraisal Institute October 1-11, 2024 Synchronous View Details Register