Basic Appraisal Principles

4.5 Average Customer Rating

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Basic Appraisal Principles has earned an average of 4.5 out of 5 stars from 1466
This course provides an in-depth look at basic appraisal principles. It is the bedrock course for other appraisal courses that follow, which may delve into more complex issues of appraising residential and income producing properties. This course is structured to conform to the Appraiser Qualifications Board's criteria for the beginning course that must be completed to become a real property appraiser trainee. This course is also a foundational requirement for all levels of licensing and certification for real property appraisers. The course starts with real property concepts and characteristics, as well as legal descriptions of real property. Influences on real property values will be investigated. Types of value and economic principles will be detailed and explained. There will be an overview of real property markets and how to analyze them. The basics of ethics for appraisers will be presented along with applications of ethics in appraisal theory and practice. There is a required three-hour exam at the end that must be taken in a monitored classroom setting.

Chapter list:

1. The Appraisal Profession
2. Licensing and Certification
3. Ethics.
4. The Modern Appraisal Office
5. Basic Appraisal Concepts
6. Legal Descriptions of Land
7. Definitions
8. Deeds, Contracts, and Leases
9. Real Property Markets
10. Money Principles
11. Sources of Capital and Financing
12. Influences on Real Estate Values
13. Types of Value
14. The Economic Principles
16. Market Analysis
17. Math Review and Statistics
18. Real Estate Math
19. Final Exam
15. Applications and Illustrations of Economic Principles

Course ratings and reviews

McKissock is rated 4.3 out of 5 by 6942.
Rated 5 out of 5 by from I really enjoyed the class, you can work at your on pace. Everyone was very helpful, and friendly.
Date published: 2019-09-18
Rated 5 out of 5 by from This course had a lot of good and important knowledge. I recommend this online school to anyone wanting to get education its easy and a good price.
Date published: 2019-09-15
Rated 5 out of 5 by from "It was well planned out and very easy to grasp the content"
Date published: 2019-09-07
Rated 5 out of 5 by from As a student new to the world of appraisal, the course was extremely easy to navigate and laid out everything I needed in order to succeed.
Date published: 2019-08-22
Rated 5 out of 5 by from Just dive in! Almost all of the tools you will need are provided within the course. Don't overthink it, just keep reading and you can always go back to review later if need be. It is organized very well, and the course writer/instructor provides good comprehensible examples for the more complicated concepts. I have no prior experience in appraisal and I was able to move through this course quickly,
Date published: 2019-08-20
Rated 5 out of 5 by from I thought this course was very easy-to-follow and provided a concise yet in-depth understanding of the basic appraising principles.
Date published: 2019-08-20
Rated 5 out of 5 by from This course was so user-friendly and well organized. I very much like the fact that I could work through it at my own pace, and anytime I exited the course it automatically saved my spot. The material is very thorough and the end of chapter quizzes were helpful for review. I would recommend to anyone who is considering going this route!
Date published: 2019-08-19
Rated 5 out of 5 by from Great course. Very easy to follow. Well designed.
Date published: 2019-08-14
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