Basic Appraisal Principles (A101)

Basic Appraisal Principle (A101)

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, market area 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.

By successfully completing the course and exam, you will have met most states' education requirements in the content area identified as basic appraisal principles.

If you are considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles.

Co-developed by the Appraisal Institute, ASA, and ASFMRA

Required Equipment & Textbooks: HP-12c, HP-17bII or HP-19bII calculator; The Appraisal of Real Estate, Thirteenth Edition

Optional Textbooks: The Dictionary of Real Estate Appraisal, Fifth Edition; Capitalization Theory and Techniques Study Guide Third Edition

Contact Hours: 28 hours + 2 hour exam

Course Timetable: Days 1-4: 8 AM - 5 PM

AQB Licensure Requirement: Trainee, Licensed, Certified Residential, Certified General

Accreditation: This course is required for the ARA and the RPRA

List of Approvals

This 30-hour course offered by ASFMRA covers all the basic principles needed starting out as a rural appraiser.  Pair this with the Basic Appraisal Procedures (A102) and you will have a great foundation.  
- Sam Triplett, Quincy, IL