2023 Education Week Courses

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: The Appraisal of Real Estate, Fifteenth Edition; HP-12c, HP-17bII or HP-19bII calculator (Click here for basic information how to use an HP-12c)

Suggested Textbook: The Dictionary of Real Estate Appraisal, Sixth Edition

Contact Hours: 28 classroom hours + 2 hours Exam

Course Timetable: July 12-15 | 8 AM - 5:30 PM CT

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

Instructors: Carol Haygood, ARA | Jake Minton, ARA

For questions about approvals, contact Deanna Ilk at dilk@asfmra.org or 303-692-1222

A102 Basic Appraisal Procedures is an introductory course for those preparing for a career in valuation services. The course is the second in the curriculum sequence of qualifying education required by states for those individuals pursuing appraisal licensure and certification.

Students will learn the basic appraisal procedures with concentration on the appraisal process and an emphasis on rural properties and techniques. Topic themes run throughout the course to focus student learning on defining the appraisal problem, collecting and selecting data, analyzing the data using the three valuation approaches, reconciling the approaches and communicating with the client and intended user of the appraisal service. An integrated case study will guide the students through the appraisal process. Beginning with neighborhood analysis and concluding with the final value opinion, the students will appraise a rural residential property with multiple land uses.

The content is divided into five units: The Valuation Process, Area and Neighborhood Analysis, Highest and Best Use, The Approaches, and Reconciliation. Within each unit there is a set(s) of student learning goals, definitions and concepts, and examples. Each unit is completed with a set of classroom exercises and finally a review and quiz. The student will be well prepared for the exam if they follow the recommended timeline for completing the case study as each unit is presented.

Required Equipment & Textbooks: HP-12c calculator. You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP-12c. Do not come to class expecting to be taught how to use a financial calculator. (Click here for basic information how to use an HP-12c)

Suggested Textbook: The Appraisal of Real Estate, Fifteenth Edition; Appraising Residential Properties, Third Edition; The Dictionary of Real Estate Appraisal, Sixth Edition.

Contact Hours: 28 hours + 2 hour exam

Course Timetable: July 17-20 | 8 AM - 5:30 PM CT

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

Instructors: Dave Nebel, ARA | Kathy Pettinger, ARA

For questions about approvals, contact Deanna Ilk at dilk@asfmra.org or 303-692-1222

The 15-Hour National USPAP Course focuses on the requirements for ethical behavior and competent performance by appraisers that are set forth in the Uniform Standards of Professional Appraisal Practice (USPAP). The course material emphasizes the role of the appraiser and the impartiality associated with this role. Special responsibilities of the appraiser with regard to impartiality are explored in detail. In addition to lectures, the course includes discussion problems that show how USPAP applies in situations that appraisers encounter in everyday practice. These examples address issues frequently experienced by appraisers as professionals in the appraisal of real property, personal property, and business or intangible assets, and in appraisal review. This course is designed to aid appraisers seeking competency in USPAP, in all areas of appraisal practice including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.

Contact Hours: 14 Hours + 1 hour exam

Course Timetable: July 21-22 | 8 AM - 5:30 PM CT

Instructor: Chris Greenwalt, ARA, RPRA

For questions about approvals, contact Deanna Ilk at dilk@asfmra.org or 303-692-1222

This course is specifically designed to meet the 30 hours required by the Appraiser Qualifications Board for Qualifying Education for General Certified Appraisers. The course covers topics such as underlying Sales Comparison Approach definitions and concepts, the analysis of a comparable sale, paired sales techniques, derivation and sequence of adjustments, analysis of properties with multiple land types, reconciliation, and case studies. These topics are discussed with a distinct bent toward the sometimes unique aspects of rural property valuation. Concepts are reinforced through classroom discussion, drill problems and periodic diagnostic quizzes.

Please Note: This course is designed to follow Basic Appraisal Principles and Basic Appraisal Procedures. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level classes.

Required Equipment & Textbooks: HP-12c, Hp-17bII or HP-19bII calculator(Click here for basic information how to use an HP-12c)

Suggested Textbook: Appraisal of Real Estate, Fifteenth Edition; Dictionary of Real Estate Appraisal, Sixth Edition

Contact Hours: 27 hours + 3 hour exam

AQB Licensure Requirement: Certified General

Course Timetable: July 17-20 | 8:00 AM - 5:30 PM CT

Instructors: Ray Wagester, ARA, and Randall Kyles, ARA

For questions about approvals, contact Deanna Ilk at dilk@asfmra.org or 303-692-1222

July 17-18, 2023

Must be pre-approved to sit for this exam.

For more information about becoming an ARA or RPRA, click here.