On Demand Courses

Principles and Procedures for Valuators

Course Overview: The Principles and Procedures for Valuators course provides foundational knowledge and skills Valuators need for evaluating less-complex, minimally-improved rural properties that don’t require the expertise of licensed Appraisers.

What You Will Learn:

Explain the main types of governmental, economic, environmental and social influences on rural property values.
Identify rural properties using legal descriptions written in the three most common description systems used in the United States.
Identify and collect data on rural properties that are in the same market as the subject property.
Describe the process and most common factors in determining highest and best use of a rural property.

Course Fee: $199

Course Length: 3.5 hours

CE: 4 hours of ASFMRA CE + 1 hour of ASFMRA CE for the exam

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ASFMRA Three Approaches to Value

Course Overview: The Three Approaches to Value course provides training for valuators and loan officers regarding the use and application of the Three Approaches to Value (Income, Cost, and Sales Comparison).

What You Will Learn:

Recall and apply each of the three approaches to value (Income, Cost, and Sales Comparison) to any valuation assignment
Identify valuators as compared to appraisers, as well as valuation assignments as compared to appraisals
Arrange the five steps of the valuation process
Identify tools utilized by valuators when forming an opinion of value
Differentiate between rising markets, falling markets, and stable markets
Recognize reasonableness vs. perfections within the confines of a valuation assignment
Define the reconciliation process

Cost: $199

Course Length: 3-4 hours

CE: 4 hours of ASFMRA CE + 1 hour of ASFMRA CE for the exam

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Best in Business Ethics

Course Overview: The Best in Business Ethics online course provides an overview of the ethical challenges that farm managers and appraisers face in the business world, and how ASFMRA's Code of Ethics and professional standards address these challenges. The course consists of nine sections and an optional survey. Each section includes instructional screens, examples, interactions, and knowledge check questions.

What You Will Learn:

Define ethics and explain why it's important to behave ethically
Identify ethical conflicts in business situations
Identify ways to maintain ethical behavior within your organization
Identify typical causes and conditions of ethical breaches
Take steps to make better ethical choices
Describe ASFMRA's disciplinary options for addressing ethical breaches
Describe some of ASFMRA's policies and Standards of Professional Practice
Discuss and apply several articles from the ASFMRA Code of Ethics

Course Fee: $49

Course Length: 2 hours

CE: 2 hours of ASFMRA CE

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ASFMRA Livestock Valuation

Course Overview: The ASFMRA Livestock Valuation online course provides training for valuators and loan officers who place values on livestock chattel.

What You Will Learn:

Determine and prepare an appropriate scope of work for a livestock chattel appraisal
Recall and employ biosecurity measures within various types of livestock facilities
Define various terms commonly used within various types of livestock operations
Distinguish among common breeds within the four main types of livestock
Recall the steps an appraiser needs to take in order to properly evaluate livestock
Locate sources of value for each type of livestock

Course Fee: $199

Course Length: 3-4 hours

CE: 4 hours of ASFMRA CE + 1 hour of ASFMRA CE for the exam

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Online Basic Appraisal Principles

Course Overview: Basic Appraisal Principles (A101) is designed as an introductory course for individuals preparing for a career as a valuation professional. The course provides the first 30 hours of qualifying prelicensure education, which is commonly required by states for individuals seeking appraisal licensure. The course guides participants through introductory economic concepts.

What You Will Learn:

The basic appraisal principles that can be used to build a solid foundation for an ethical and competent appraisal practice.
Concepts such as highest and best use, the time value of money, and the nature of value are explored through instructor-led discussion.
Real-world type problems are introduced to aid participants in developing their problem-solving skills.

Course Fee: $499

Course Length: 28 hours (on-demand), 2 hours (final assessment)

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Agricultural Chattel Valuation

Course Overview: Agricultural Chattel Valuation is designed to provide specialized training and recognition for valuators and loan officers who place values on agricultural personal property.

What You Will Learn:

Identify agricultural chattel
Explain the overall valuation process
Recognize safety hazards during farm visits
Complete a valuation report

Course Fee: $199

Course Length: 4 hours

CE: 4 hours of ASFMRA CE + 1 hour of ASFMRA CE for the exam

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ASFMRA Machinery and Equipment Valuation

Course Overview: The Machinery and Equipment Valuation course provides training for valuators and loan officers who place value on machinery and equipment chattel.

What You Will Learn:

Determine and prepare an appropriate scope of work for a machinery and equipment chattel appraisal.
Identify and understand the use of many different types of agricultural machinery and equipment, including titled vehicles.
Recall specifics regarding various condition ratings and how these affect the overall value of each piece of equipment.

Course Fee: $199

Course Length: 3-4 hours

CE: 4 hours of ASFMRA CE + 1 hour of ASFMRA CE for the exam

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