Approved by the Appraisal Qualifications Board for 2008 Qualifying Education. This basic appraisal 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 theory. Through theory and examples, the course offers practical application of appraisal principles. A calculator is recommended.
Textbook, 224 Pages
A solid introduction to the fundamentals of appraisal theory, techniques, and methods, including the three approaches to value, economic principles, concepts of real property, value influences, and appraisal data sources Case studies to illustrate key concepts Overview of the sales comparison approach, cost approach and income approach
Real Property Concepts and Characteristics, Legal Consideration, Influences on Real Estate Values, Real Estate Finance, Types of Value, Economic Principles, Overview of Real Estate Markets and Analysis, Application in Appraisal Theory and Practice