Basic Appraisal Principles (A101)

Education Offerings

The ASFMRA offers a variety of types of education for Appraisal, Farm Management and Consulting, and Continuing Education seminars. Take a look at what we have to offer. There is something for everyone, from the beginner to the seasoned professional. ASFMRA is an internationally recognized leader in Appraisal, Farm Management and Agricultural Consulting training.  We are a not-for-profit professional society and a sponsoring member of the Appraisal Foundation.  We have been providing education since 1929 and serve all jurisdictions in the United States.

Appraisal Education

ASFMRA is an internationally recognized leader in appraisal training. We are a not-for-profit professional society and Sponsoring Member of the Appraisal Foundation providing education since 1929 and serving all jurisdictions in the United States. We provide Appraisal Qualifications Board (AQB) and state approved appraisal training for certified general licensure and for continuing education.  We also offer accreditation courses that take you down the path of becoming an Accrediated Rural Appraiser.  This designation will elevate your career and show your dedication to being the best in your field.  Take a look at the courses we offer and  our education schedule to see what is being offered near you.  Let us help you take your career to the next level! 

Contact Deanna Ilk at 303-692-1222 or dilk@asfmra.org with any questions.

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