This course will be held as part of 2023 Education Week. Please click here for more details and to register.
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
Equivalency Ratings: Learn about land ratios and equivalency ratings used in many ASFMRA appraisal classes through this instructional video. Please note that this process may not be used in all classes.
Contact Hours: 28 hours + 2 hour exam
Course Timetable: Days 1-4: 7:30 AM - 5 PM
AQB Licensure Requirement: Trainee, Licensed, Certified Residential, Certified General