Illinois Appraisal Continuing Education & License Renewal

 WHY IT’S FOR YOU 

• You are licensed in a single state or multiple states and need to renew your license
• You want to take more than the required education hours
• You want the option to take courses in multiple formats at the package savings
• You want access to professional development tools, discounts and MORE

WHAT’S INCLUDED 
Includes All Available Mandatory and Elective Courses Required for Renewal (fulfills requirement)
Customer Phone and Email Support 7 Days a Week
Education Reported to the State Where Required
Completion Certificates in Every State you are Licensed
Monthly Pro-Series Webinars - an annual $863 value
Appraisal Professional Development Content Library
Online Appraisal Community
Industry Partner Discounts,
2 Years UNLIMITED Access
2 Payment Options

*This is an auto-renew membership. Two-year commitment is required at the time of initial purchase.

Get up to speed on the latest edition of USPAP with The Appraisal Foundation’s official online course. This course will cover all the revisions in the 2020-2021 version of the National USPAP Update course plus it will help you apply the requirements of USPAP in situations that occur during your day-to-day work.

COURSE HIGHLIGHTS:

• Gain fluency and mastery in USPAP concepts and applications
• Go in-depth on the issues that affect your daily appraisal practice
• Learn through the use of peer-polls, quizzes, course video and downloadable aids

This course is iPad compatible. 

The need for appraisal reviews has increased in recent years for a variety of reasons: more pressure on lenders to evaluate the reliability and accuracy of appraisals, state laws requiring AMCs obtain appraisal reviews on certain percentages of appraisal reports received, more lawsuits, follow up steps related to bank-acquired properties following foreclosures, and many other reasons. However, the industry continues to have few review designations and there is no appraisal review license issued. 

This course is designed to provide training to current appraisers who are interested in mastering the nuances and pitfalls that come with appraisal review, specifically reviewing residential appraisal reports, mainly for lending uses. The course begins with looking at the why, what, and how of appraisal review. After those basics, the Review Standards themselves and Rules are examined, with a strong focus on example scenarios, sure to bring out good discussions in a classroom environment. Additionally, these units tie together the associated components of the Development and Reporting Standards, rather than simply examining Development in one chapter and then Reporting in the next; this approach ensures that there is an immediate understanding of the practical implications on the report itself. The next chapter focuses on the flexibility of a review’s scope, common forms as they relate to the scope of work, and distinguishing between statements that infer a value opinion and those that do not. What do we actually measure the appraisal report against? This is the question we answer in the next three chapters, looking at the Standards for appraisals, unacceptable practices and common errors, and typical client and user expectations. While report and scenario examples are used throughout the report, longer report examples are discussed in the final chapter, along with revisiting ethics.

With disciplinary cases against appraisers on the rise, this course will walk you through violations and offer ideas on how to avoid them in your appraisals. 

COURSE HIGHLIGHTS: 

• Walk through violations prosecuted by state appraisal enforcement agencies and their associated sanctions  
• Go in-depth with the applicability of USPAP and examples of significant willful violations and minor errors that affect the credibility of assignment results 
• Review The Appraisal Foundation’s Voluntary Disciplinary Action Matrix and apply it to real-life case studies

This course is intended to assist appraisers in understanding the need for and requirements to develop a limited scope appraisal for use in certain types of residential lending and servicing.  The discussion of several different types of limited scope appraisals involves the development and reporting of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).  

Course highlights: 

• Compare and contrast the most common alternative valuation products
• Recognize when an approach may be omitted from a limited scope appraisal assignment 
• Be able to comply with USPAP STANDARD 2 requirements for written appraisal reports
• Apply the concepts learned in the course to the review of a limited scope appraisal assignment and report 

Gain confidence in your relocation appraisals by going in-depth on the relocation industry and the processes involved in completing a relocation appraisal assignment. 

COURSE HIGHLIGHTS:

• Identify differences between relocation appraisals and mortgage appraisals 
• Explain the relationship of marketing time and forecasting to anticipated sales price 
• Identify requirements related to the sales comparison approach for relocation appraisal assignments

Get up to speed on the latest edition of USPAP with The Appraisal Foundation’s official online course. This course will cover all the revisions in the 2020-2021 version of the National USPAP Update course plus it will help you apply the requirements of USPAP in situations that occur during your day-to-day work.

COURSE HIGHLIGHTS:

• Gain fluency and mastery in USPAP concepts and applications
• Go in-depth on the issues that affect your daily appraisal practice
• Learn through the use of peer-polls, quizzes, course video and downloadable aids

Gain the skills and insights needed for effective appraisal litigation. 

COURSE HIGHLIGHTS: 

• Explore opportunities available in litigation support assignments 
• Discover what’s needed to provide a work product and testimony 
• Examine the structure of a civil trial, the rules of evidence, USPAP requirements, and the mechanics of a civil trial

Leverage your sales comparison approach and income approach knowledge to capitalize on limited-service hotel appraisals. 

COURSE HIGHLIGHTS: 

• Gain a solid foundation in the hotel market and the factors that influence supply and demand 
• Use the sales comparison approach to uncover how some adjustments are unique or adapted to hotels 
• Use the income approach to understand the estimation of income, expenses and capital expenditures specific to limited-service hotels 
• Learn how to apply the income approach to both stabilized and un-stabilized limited-service hotels as well as those requiring renovation

Learn how to apply the most effective valuation methods to full-service hotels and build on your knowledge of hotel operations. 

COURSE HIGHLIGHTS: 

• Learn how to develop accurate and realistic assessments of value on full-service hotels 
• Explore factors that influence supply and demand 
• Grow your sales comparison approach and income approach skills

Explore the different types of appraisal techniques and creative methods needed to appraise complex and non-conforming properties. 

COURSE HIGHLIGHTS: 

• Examine several different appraisal techniques and learn how creativity (e.g., use of non-traditional appraisal techniques) can be employed to solve appraisal problems
• Review complex residential properties (i.e. 1- to 4-unit residential properties); learn how the techniques also apply to the appraisal of non-residential properties 
• Course designed for novice and experienced appraisers

Appraisal fraud is one of the fastest growing financial crimes in the real estate industry. This course will take you through the integral steps you need to take to avoid mortgage fraud as an appraiser. 

COURSE HIGHLIGHTS: 

• Get an in-depth look at mortgage and valuation fraud and the various fraud schemes common today 
• Examine the appraiser’s role in various types of real estate and mortgage-related swindles 
• Learn the steps you can take to limit your liability and decrease the likelihood of becoming ensnared in a mortgage fraud scheme

This course is intended to assist appraisers in understanding the need for and requirements to develop a limited scope appraisal for use in certain types of residential lending and servicing.  The discussion of several different types of limited scope appraisals involves the development and reporting of the appraisal in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).  

Course highlights: 

• Compare and contrast the most common alternative valuation products
• Recognize when an approach may be omitted from a limited scope appraisal assignment 
• Be able to comply with USPAP STANDARD 2 requirements for written appraisal reports
• Apply the concepts learned in the course to the review of a limited scope appraisal assignment and report 

Whether your sales and rental data is plentiful or scarce, this course will uncover methods to strengthen your appraisal quality through supporting your adjustments. 

COURSE HIGHLIGHTS: 

• Examine the appropriate methodologies to develop and support adjustments using the Sales Comparison approach
• Learn the proper sequence of adjustments 
• Discover the numerous methods of developing gross living area, bedroom, and bathroom adjustments 
• Improve your income capitalization skills to develop and support adjustments 
• Get insights on developing market-based adjustments for changing market conditions over time, builder upgrades, sales concessions, basements finishes, outbuildings, accessory dwelling units, and view amenities
• Audio and video included in course

Gain the skills and insights needed for effective appraisal litigation. 

COURSE HIGHLIGHTS: 

• Explore opportunities available in litigation support assignments 
• Discover what’s needed to provide a work product and testimony 
• Examine the structure of a civil trial, the rules of evidence, USPAP requirements, and the mechanics of a civil trial

Leverage your sales comparison approach and income approach knowledge to capitalize on limited-service hotel appraisals. 

COURSE HIGHLIGHTS: 

• Gain a solid foundation in the hotel market and the factors that influence supply and demand 
• Use the sales comparison approach to uncover how some adjustments are unique or adapted to hotels 
• Use the income approach to understand the estimation of income, expenses and capital expenditures specific to limited-service hotels 
• Learn how to apply the income approach to both stabilized and un-stabilized limited-service hotels as well as those requiring renovation

Learn how to apply the most effective valuation methods to full-service hotels and build on your knowledge of hotel operations. 

COURSE HIGHLIGHTS: 

• Learn how to develop accurate and realistic assessments of value on full-service hotels 
• Explore factors that influence supply and demand 
• Grow your sales comparison approach and income approach skills