Appraisal and Valuation

Course Goals

This course is designed to equip licensed real estate brokers and salespersons with essential knowledge about the appraisal and valuation of real property. Property valuation is the cornerstone of every real estate transaction, yet it remains one of the most misunderstood aspects of the industry. Whether you are listing a seller's most valuable asset, guiding a buyer through their largest financial commitment, or navigating mortgage underwriting, your ability to anticipate appraisal outcomes directly impacts your clients' success and your professional reputation.

This course will address the following topics.

• Chapter 1: Basic Appraisal Concepts and the Appraiser's Role in Real Estate Transactions
• Chapter 2: Elements, Principles, and Practices of Real Estate Valuation
• Chapter 3: Property-Specific Conditions; USPAP Ethics and Anti-Discrimination Updates 2024

At the end of the course, the students should be able to:

• Master fundamental concepts that drive property values

• Explain common approaches to valuation used by appraisers

• Identify federal regulations that govern appraisal practice

• Communicate valuation concepts effectively to clients

Course Materials

This course is composed of 3 hours of reading material. The course is divided into three chapters with review quizzes at the end of each segment.

At the end of the course a final examination is required. The final examination consists of 15 questions. A test score of 75% or greater is required for course completion. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.