Associate Real Estate Appraiser
Looking to become a Real Estate Appraiser?
Look no further!
Take the 75-hour course required by the State of Illinois to become a certified appraiser.
RES E54 - Comprehensive Appraisal Course
Course Description: This comprehensive class covers all three required topics for Appraisers in the State of Illinois. The Basic Appraisal Principles course provides an overview of real property concepts and characteristics, legal considerations, value influences, real estate finance, types of value, economic principles, real estate markets and analysis, and ethics in appraisal. Through theory, case studies, and examples, this course offers practical application of appraisal principles. Drill problems and a short case study allow students to put into practice the techniques presented in the course. An exam is given at the completion of the course for students requesting pre-certification credit. The basic appraisal section provides an overview of real estate appraisal approaches to valuation procedures, value, property description, residential applications, commercial applications, improvement construction, home inspection, and appraisal math. Through theory, case studies, and examples, the course offers practical application of appraisal procedures. A calculator is recommended.
This course also satisfies Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) requirements for standards and ethics for appraiser certification and licensure, and has met the requirement for Standards and Ethics for state certification and licensure. The National Uniform Standards of Professional Appraisal Practice (USPAP-15 Hour course) is designed to aid appraisers in all areas of appraisal practice seeking competency in USPAP.
This course is intended to fulfill the 15-hour requirement as established by the Appraisal Qualifications Board (AQB) of the Appraisal Foundation and focuses on the requirements for ethical behavior and competent performance by appraisers. This course is unique in that it was developed in 1998 and is revised annually for the Appraisal Foundation with the assistance from the eight (8) Appraisal Sponsoring Professional Organizations for use nationwide.
To register for this class, please click HERE.