Course: Basic Appraisal Procedures (Tu / Th Evenings)
September 29 @ 5:30 pm - October 27 @ 9:00 pm
A LIVE Basic Education / Qualifying Education (BE/QE) offering presented via ZOOM
This is your next step in your real estate appraisal journey!
Terrific NEW evening format for those looking for life-work-learning balance as they transition into a career in real estate appraisal!
Format consists of Tuesday & Thursday evenings from 5:30pm – 9:00pm (Pacific Time) on the following dates:
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September 29, October 1, 6, 8, 13, 20, 22, and 27; (no class on Thursday, October 15th as our 2026 Annual Fall Conference is the next day)
Apply the principles and concepts learned in Basic Appraisal Principles. This eight-session course takes you step-by-step through the valuation process: defining the problem, collecting and analyzing data, reaching a final opinion of value, and communicating the appraisal. Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation. The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics.
- Identify the eight steps of the valuation process.
- Know the basic components and processes used to derive a value indication when performing the income capitalization approach.
- Distinguish the six procedures for analyzing land or site value.
- Spot the three cost-estimating methods used by appraisers.
- Apply component costs to estimate the cost of residential building improvements.
- Identify typical elements of comparison used in the sales comparison approach.
- Analyze sales to select appropriate comparable properties.
- Derive adjustments using paired sales analysis.
- Reconcile the indicated values derived in the sales comparison approach to a single point value opinion.
- Recognize the types of reports used to communicate an appraisal analysis.
A Special Note About Registering:
- Never attended an Appraisal Institute Offering or not yet updated your password / log-in since October 1, 2019 – follow these simple steps before registering.
- Those seeking credit from states outside of California are strongly encouraged to check directly with their state licensing board(s) to confirm that the specific state(s) will (1) accept synchronous education, (2) accepts education from an out-of-state provider and/or (3) offers reciprocal credit if the offering is approved by the CA BREA.
- In many states this BE/QE offering qualifies for either initial qualifying BE/QE or renewal CE (view approvals)
- This synchronous course is approved for 150 points (attend only) or 200 points of Appraisal Institute CEC (with successful completion of the exam) and 28-hours of California BREA CEC (20CP754601423) or 30-hours of California BREA initial BE/QE CEC (20CP754601423) with successful completion of the exam.
- Instruction will be held via Interactive Technology (ZOOM) and is based on the “live” classroom version that falls under the requirements for synchronous education
- It is the student’s responsibility to have the required equipment – dependable Internet access, computer, webcam and microphone, agrees that attendance will be monitored and to forward their Photo ID/ Driver’s License to the Chapter Office upon completing your online registration.
ACT NOW – Save More!
Save up to $55 with our Register by September 11
Appraisal Institute Members – Designated Members, Associate Members, Candidates for Designation and Affiliates – $425
Standard / Non-AI Professionals – $450
Register after September 11
Appraisal Institute Members – Designated Members, Associate Members, Candidates for Designation and Affiliates – $450
Standard / Non-AI Professionals – $480
