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 classroom hours + 1 hour exam
Course Timetable: Day 1-2 8 AM - 5 PM
AQB Licensure Requirement: Trainee, Licensed, Certified Residential, Certified General
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 hours + 2 hour exam
Course Timetable: Days 1-4: 8 AM - 5 PM
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.
Registration will close Friday 4/5 at 12:00pm MST. If you have questions or would like to register late, please contact Katelyn Johnson at 303-692-1224 or KJohnson@asfmra.org
Click here to view the Recommended Education Path that the ASFMRA Appraisal Education/Accreditation Committee has put together; it is highly recommended that you review the pathway prior to registration.
This course will be Hybrid (some students in person, some online). Upon registering, you will either select Hybrid Livestream Registration or In Person Registration. If you select the Hybrid Livestream Registration, you will be sent a Zoom link to access this course one week before the course start date. If you select the In Person Registration, you will be expected to attend the offering In Person in Glendale, CO throughout the duration of the offering.
The ASFMRA reserves the right to move this offering to a livestream format up to three weeks before the first date of the offering. Any in-person registrants will be notified at this time. ASFMRA does not reimburse travel costs.
Textbook: The Valuing Rural America textbook is recommended for any students taking education through the ASFMRA. You may purchase a hard copy or digital version by visiting the ASFMRA bookstore.
Course Location: All ASFMRA National offerings take place in Glendale, Colorado. You will be contacted with the specific location of the in person offering at least one month prior to the course.Hotel Information:The Hilton Garden Inn Denver-Cherry Creek600 S. Colorado BlvdGlendale, CO 80246Booking Link: https://www.hilton.com/en/book/reservation/deeplink/?ctyhocn=DENCKGI&corporateCode=3117120Booking code: 3117120 - Will include free breakfast.
By registering for this event, I understand that my photograph or video may be taken during participation in any activity (class, social gathering, outing, etc.) sanctioned by the American Society of Farm Managers and Rural Appraisers (ASFMRA). I hereby grant permission to ASFMRA to use my photograph or likeness in any publicity or promotional publications (e.g. website, social media, newspaper ads, newsletters, programs, brochures, public broadcasting releases, email promotions, etc.) and to allow video recordings of myself and/or guests.
In compliance with the Americans with Disabilities Act, the ASFMRA will make every effort to provide reasonable accommodations requested for individuals with disabilities. Requests for accommodations can be responded to more effectively if received at least two weeks in advance of the event.
For More Information: kjohnson@asfmra.org | 303-692-1224*The maximum capacity for this course is 24 in-person participants and 24 online participants. *Please note that ASFMRA reserves the right to cancel any course 3 weeks in advance.
American Society of Farm Managers and Rural Appraisers, Inc.
720 South Colorado Boulevard, Suite 360-S
Glendale, CO 80246-2664
(303) 758-3513
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