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Follow your passion for real estate. Whether you are seeking state licensing as an appraiser or building a resume or portfolio, you will find value in the information presented during this course. This course is comprised of four basic components. The course will begin with basic appraisal principles and procedures, and then residential appraiser site valuation will be introduced, lastly small income producing property will conclude the 75 hours of this course. The fundamentals will define and open discussion on the basics of appraising to include standards, markets, analysis, finance and concepts related to the industry. General topics include real property concepts and characteristics, influences on real estate value, legal considerations, types of value, economic principles, real estate markets and analysis, valuation process, residential applications, sales comparison and income approaches to appraisal, and property definition and highest and best use analysis.
Benefits to your organization
• Specialized knowledge in Real Estate Appraisal
• General Understanding of investor considerations for investment properties
• Have a thorough comprehension of site, improvement and market analysis and highest and best use analysis
Course Objectives
• Understand the basic principles of real estate appraising and relate those principles to practice
• Learn the valuation process and the influences on real estate value
• Have a general understanding of how to apply the income capitalization method
• Understand the three approaches: cost, sales comparison and income
• Application of the approach(s) to appraising and adjustments
• A familiarity of statistical and mathematical concepts related to appraisal
Training Description and materials
Participant must be 18 years of age or older. This course is approved by the Indiana Real Estate Commission for the mandatory hours for appraisal licensing. After successful completion of this course and the USPAP program, students will receive an Ivy Tech certificate which will allow them to sit for the state exam. This class also requires a calculator.
Hours and Cost
Your Real Estate Appraisal Pre-Licensing course is a 75-hour course which is scheduled at your convenience for up to 12 participants maximum. Pricing includes training administration, instruction, textbooks and course materials, and an activity evaluation at the conclusion of training.
Suggested Retail Price $8999.00 (Additional participants may be available at an additional cost)
Course Offered Open Enrollment: Yes
Online Delivery Available: No
Certification Option: Yes
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