Cooke Real Estate School, leader in Florida Real Estate Classes and Online Courses

Appraisal Pre-Licensing

EDUCATION REQUIREMENTS FOR THE DIFFERENT CATAGORIES OF APPRAISAL: The following courses are approved to satisfy educational hour requirements for all the different categories of licensees.

Appraiser Trainee:

75 classroom hours (within last 5 years)

Licensed Residential Appraiser:

90 classroom hours
May include hours from Trainee
May also include 30 hours of related courses

Certified Residential Appraiser:

120 classroom hours
May include hours from Trainee and Licensed Residential
May also include 30 hours of related courses

Certified General Appraiser:

180 classroom hours
May include hours from Trainee, Licensed Residential and Certified Residential
May also include 30 hours of related courses
Must complete advanced level appraisal course of at least 30 hours in nonresidential properties

TECHNICAL AND INSTRUCTOR ASSISTANCE:

For any instructor or technical assistance please call McKissock at: 800-328-2008

These courses are provided by McKissock. McKissock is the school of record

DIRECTIONS TO ACCESS COURSE:

After you click on the "read more" button below, click on "Course Searches by State" banner just below our logo. Then click "Search On-line Courses" then choose your State of Alabama. You will then see the outstanding list of courses available for you to satisfy the pre-licensing/upgrade course process.

15 HOUR - MANDATORY - NATIONAL USPAP EQUIVALENT 2006 - $209

This course provides the student with an in-depth understanding of the current requirements of the Uniform Standards of Professional Appraisal Practice. Particular emphasis is placed on recent important changes to the USPAP. The development of Complete and Limited Appraisals and the use of the Departure Rule under Standard 1, and the Reporting of Self-Contained, Summary, and Restricted Use Appraisal Reports under Standard 2 are covered in great detail. Standard 3, which changed significantly in 2000 & 2001, is also covered in detail. These recent changes in the development and reporting requirements must be understood to produce appraisals which conform the current standards. The class presentation will be in overhead slides. Discussion is encouraged.

The textbook and course materials were written by the Appraisal Foundation.

Provided by McKissock - Approval #4003000320

15 HOUR - Intro Into the Residential Appraisal Process - $209.00

Students will learn what an appraiser does, how appraisers are licensed and certified, how an appraisal fits into the real estate purchase process, how property is currently owned and recorded in the United States, how the real estate market functions, and basic principles for valuing residential properties .

This seminar provides an overview to newcomers to the real estate appraisal profession, as well as a firm foundation for all pre-licensing courses to follow. Participants will come away with a better understanding of whether they want to enter this field, what types of knowledge they will have to master, and whether they have the aptitude and underlying skills to become qualified practitioners.

Provided through McKissock : Approval # 4003 00342

15 HOUR - Residential Appraisal Process Part II - $209.00

This course introduces students to the history of economic theory, including the history of value theory, current economic theories, land economics and theories of capitalism. It proceeds into a discussion of the appraisal process, including steps involved, the three main valuation approaches, and how these approaches relate to one another. Finally, students learn about building construction, namely engineering and architectural practices, building planning, design and construction details.

This seminar provides an overview to newcomers to the real estate appraisal profession, as well as a firm foundation for all pre-licensing courses to follow. Participants will come away with a better understanding of economics, how appraisals are prepared, and how buildings are constructed.

Provided through McKissock : Approval # 4003 000351

15 HOUR - Residential Income Approach - $209.00

This an overview course for appraisers and covers all aspects of valuation procedures for non-residential properties. The course provides a practical solution for estimating value by an in-depth study of appraisal theory and the development of advanced valuation skills. It presumes a prior knowledge of appraisal principles and focuses on applying them in appraising non-residential and income-producing properties.

The first section includes the valuation process, with particular emphasis on recent USPAP interpretations of scope of work and examples of highest and best use. Six methods of land valuation are illustrated. Covered next are cost estimates, depreciation and application of the cost approach. In the sales comparison approach section, topics explored include units of comparison, elements of comparison, cash equivalency, making adjustments and application of the approach. The income capitalization approach section includes income and expense estimates, capitalization rates, direct capitalization, income multipliers and application of the approach. The last section encompasses reconciliation and the final opinion of value. There are numerous examples and case studies throughout the course. Participants will be able to practice these procedures with numerous in-class exercises and problems .

Provided through McKissock : Approval # 400300396

15 HOUR - Sales Comparison Approach - $209.00

This class provides students with in-depth exposure to the sales comparison approach, one of the three basic ways that professional real estate appraisers value a residence. Topics include gathering, recording and verifying data, determining highest and best use, and estimating value by the sales approach (data analysis, net adjustments and value estimation) .

This seminar prepares the student to determine the value of a residence using the sales comparison approach - essential knowledge for any professional appraiser .

Provided through McKissock : Approval # 4003 000353

15 HOUR - Studies & Analyses - $209.00

This class introduces students to the way a residential real estate appraiser collects data, including how data is gathered, sources, forms of data, information appropriate for three approaches to value appraising, appraising partial interests, and appraisal math and statistics.

This seminar prepares a student for collecting the data necessary for performing an appraisal, to understand what is unique about partial interests, and gain an overview of the math and statistical analysis used in the appraisal profession.

Provided through McKissock : Approval # 4003 000352