Basic Appraisal Principles

4.37 Average Rating

5 stars
(1767)
4 stars
(970)
3 stars
(163)
2 stars
(16)
1 stars
(6)
Basic Appraisal Principles has earned an average of 4.37 out of 5 stars from 8838 ratings.
$409.95
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
15. Applications and Illustrations of Economic Principles
16. Market Analysis
17. Math Review and Statistics
18. Real Estate Math
19. Final Exam

Appraisal Licensing Course Ratings and Reviews

McKissock is rated 4.4 out of 5 by 8838.
Rated 4 out of 5 by from The course seems like a comprehensive introduction to the profession.
Date published: 2020-08-08
Rated 5 out of 5 by from Thorough yet concise. Well written. Breaks into well thought out chapters and sections.
Date published: 2020-08-07
Rated 5 out of 5 by from A great review of the Basic Principles of Appraising. Included a lot of useful information.
Date published: 2020-08-06
Rated 5 out of 5 by from Course was straight forward for self-starter learners
Date published: 2020-08-05
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Will this course count for residential or general license?

Asked by: aascha7
I cannot accurately answer this question without the course and profession. Please give us a call at 800-328-2008 to speak with an Enrollment Specialist
Answered by: McKissock
Date published: 2020-10-24

I will be taking the Basic Appraisal Principles Class Online. It says that I will have to take a 3-hour test in a monitored setting. What exactly does that mean and am I able to take the test at my job or will I have to go somewhere to take it?

Asked by: Baylynn
I cannot accurately answer this question without the course and profession. Please give us a call at 800-328-2008 so we can get more information and answer your question accurately.
Answered by: McKissock
Date published: 2020-10-08

I am going to be taking the current classes, basic appraisal principles, basic appraisal procedures, and the national USPAP course. To become an appraiser trainee. Are these classes self paced/ fully independent? or is there a schedule and a teacher?

Asked by: Maxcianna
I just completed it in 2 weeks at my own pace. There is no teacher, you just log in and do however much/little you choose to that day. I do recommend you give yourself time to finish full chapters, as stopping in the middle of one could get confusing when it comes to the check your understanding quizzes and chapter quiz.
Answered by: vhol
Date published: 2020-10-07

Is the class self paced/fully independent or is there a schedule?

Asked by: Leslie
I cannot accurately answer this question without the course and profession. Please give us a call at 800-328-2008 so we can get more information and answer your question accurately.
Answered by: McKissock
Date published: 2020-08-17

What does the 30 hr schedule look like? How many days a week and how many hours a day are the classes?

Asked by: agenterock
I cannot accurately answer this question without the course and profession. Please give us a call at 800-328-2008 so we can get more information and answer your question accurately.
Answered by: McKissock
Date published: 2020-07-24

Is there an instructor to talk with regarding the course materials?

Asked by: Angela
Instructors are available via the “Contact Instructor” link within our online classes. Our Instructor will then reply via email.
Answered by: McKissock
Date published: 2020-04-09

Is the Final Exam also online or is it in person?

Asked by: MichaelR
RE CE & APP CE - Any online courses will be taken completely online. Any classroom courses will be classroom only, no tests or exams are required. APP QE- Online courses will be taken completely online UNLESS a proctored exam is required. Then they have the option to complete it online or on paper.
Answered by: McKissock
Date published: 2020-01-29
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