Course Search

Residential Report Writing and Case Studies

SKU : 553MT016001

Credit Hours | 14

Category | Continuing Education

$189.00

More Info

Want to produce professional, thorough appraisal reports? Then this appraisal course is for you! You'll get a crash-course on the numerous writing exercises needed to be a successful appraiser. This online course covers residential valuation procedures, numerous writing techniques, and a review of grammar and writing assignments focused around a residential case study. With is hands-on course, you'll retain information better as you complete the exercises, including: compiling of competent and practical narrative comments to be included in appraisal reports as well as how to interpret valuation procedures and conclusions for people who use the reports.

Residential Sales Comparison and Income Approaches

SKU : 558MT019001

Credit Hours | 30

Category | Upgrade License

$349.00

More Info

Get an understanding of the fundamental concepts of appraising with this online appraisal course. It guides you through the different data that needs to be collected and reviewed during the appraisal process. This course explains how to use sales comparison grids and how to search for public comparable sales data in a computerized database. You'll learn the process and steps in the income appoach. Completion of Basic Appraisal Principles and Basic Appraisal Procedures courses are a prerequisite for this course. This course fulfills 30 hrs of the Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.

Basic Appraisal Principles

SKU : 558MT063001

Credit Hours | 30

Category | New License

$349.00

More Info

Ready to gain a solid foundation in appraisal principles? This appraisal class provides the knowledge needed for an appraisal career, including: legal considerations, what influences the value of real estate, real property concepts and characteristics, principles of economics, types of value, real estate markets and analysis, ethical considerations and highest and best use. This 30-hour online course fulfills the Real Property Appraiser Qualification Criteria for the levels of Trainee up to Licensed Appraiser.

Residential Appraiser Site Valuation & Cost Approach

SKU : 553MT017001

Credit Hours | 14

Category | Continuing Education

$189.00

More Info

Gain confidence in your appraisal valuation skills! This online appraisal course provides a more in-depth dive into appraisal valuation concepts and cost approach applications. You'll develop a stronger understanding of the cost approach process with step-by-step examples of applying this appraisal value method. Course highlights include: interview methods and tips, market extraction, and data sources from professional services. Prerequisities: Basic Appraisal Principles and Basic Appraisal Procedures.

Residential Appraiser Site Valuation & Cost Approach

SKU : 558MT011001

Credit Hours | 15

Category | Upgrade License

$199.00

More Info

Gain confidence in your appraisal valuation skills! This online appraisal course provides a more in-depth dive into appraisal valuation concepts and cost approach applications. Plus, it meets 15 hours of the requirement for the Licensed Appraiser level of the Real Property Appraiser Qualification Criteria. You'll develop a stronger understanding of the cost approach process with step-by-step examples of applying this appraisal value method. Course highlights include: interview methods and tips, market extraction, and data sources from professional services. Prerequisities: Basic Appraisal Principles and Basic Appraisal Procedures.

Basic Appraisal Procedures

SKU : 558MT014001

Credit Hours | 30

Category | New License

$349.00

More Info

Need a thorough insight into the process of valuation? Then this course is for you! During this 30-hour appraisal course curriculum, you'll learn the three approaches used by appraisers to reach the opinion of value - income capitalization, sales comparison and cost - and how to derive multipliers and rates. You'll also be guided through the sales comparison approach, which is comprised of checking the validity of information, organizing a comparative analysis, making adjustments, selecting comparison units, and how to conduct market research and reconciliation. You'll get hands-on experience by completing crucial sections of an appraisal report as well as gain insight into property description, design basics and construction. This course fulfills 30-hours of Real Property Appraisal Qualification Criteria for the levels of Trainee to Licensed Appraiser.

Residential Market Analysis and Highest and Best Use

SKU : 553MT018001

Credit Hours | 14

Category | Continuing Education

$189.00

More Info

Dive into residential market analysis with this online appraisal continuing education course. You'll get a deeper understanding of how to read, map and analyze a market area by applying highest and best use practices. Learn three approaches in appraisal valuation, including: sales comparison, cost and income capitalization. You'll gain insight into the connection between highest and best use analysis, market analysis, and the three approaches to real estate valuation. Prerequisites: Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures.

Residential Market Analysis and Highest and Best Use

SKU : 558MT012001

Credit Hours | 15

Category | Upgrade License

$199.00

More Info

This appraisal course prepares you to make solid decisions in the valuation process. You'll get a solid understanding of the interdependence within the application of market analysis. This online course meets the 15-hours of Real Property Appraiser Qualification Criteria for the Licensed Appraiser level. It highlights the association between cost, income capitalization and sales comparison (the three valuation concepts), highest and best use reasoning and analysis of the market. Prerequisites: Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures.

A URAR Form Review

SKU : 553MT013001

Credit Hours | 7

Category | Continuing Education

$99.00

More Info

This online appraisal course provides you with a detailed walkthrough of how to complete the Uniform Residential Appraisal Report (URAR). You'll learn each step of the URAR process as the class guides you through the sections and necessary fields of the form. At completion of this appraisal CE course, you should have a full understanding of how to complete the URAR reports in compliance with USPAP.

Residential Report Writing and Case Studies

SKU : 558MT013001

Credit Hours | 15

Category | Upgrade License

$199.00

More Info

Want to produce professional, thorough appraisal reports? Then this appraisal course is for you! You'll get a crash-course on the numerous writing exercises needed to be a successful appraiser. This online course covers residential valuation procedures, numerous writing techniques, and a review of grammar and writing assignments focused around a residential case study. With is hands-on course, you'll retain information better as you complete the exercises, including: compiling of competent and practical narrative comments to be included in appraisal reports as well as how to interpret valuation procedures and conclusions for people who use the reports. You'll get 15 hours of Real Property Appraiser Qualification Criteria for the Licensed Appraiser level upon completion of this appraisal class.

Income Capitalization Overview

SKU : 553MT023001

Credit Hours | 7

Category | Continuing Education

$99.00

More Info

This hands-on appraisal course, complete with exercises to better your understanding and retention, provides you with an overview of how the income approach to valuation works. Lessons include estimating income and expenses as well as estimating capitalization rates. This continuing education appraisal class covers both yield capitalization and direct capitalization.

Appraisal Math and Statistics

SKU : 553MT020001

Credit Hours | 7

Category | Continuing Education

$99.00

More Info

Having a true understanding of appraisal math is essential for your success as a real estate appraiser. This online appraisal course provides you with insight into key mathematical functions including the mathematics of finance, calculating area and statistics involved in appraisal.

Sales Comparison Approach

SKU : 553MT030001

Credit Hours | 7

Category | Continuing Education

$99.00

More Info

How does the property you are appraising stand up to recently sold properties in the same area? This appraisal course walks the student through the sales comparison approach to real estate appraisal. You'll learn the procedures recommended in the collection of data, as well as different ways that adjustments can be estimated. This hands-on online appraisal class includes multiple examples to help the student apply and retain the information.

Cost Approach Overview

SKU : 553MT022001

Credit Hours | 7

Category | Continuing Education

$99.00

More Info

With this hands-on learning exercise you'll gain knowledge on cost approach valuation and the methods included in calculating it. You'll learn ways to estimate depreciation and cost. This introductory online appraisal continuing education course includes various examples to ensure proper understanding and retention.

Montana Appraisal License Requirements

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Montana Board of Real Estate Appraisers. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred. 

Montana Appraisal Licensure Levels:

  • Trainee Appraiser
  • Licensed Appraiser
  • Certified Residential Appraiser
  • Certified General Appraiser 

Montana Appraisal Licensure Requirements:

  • Must be at least 18 years of age
  • Must have a high school diploma or its equivalent
  • Must meet the educational requirement for the applying level of licensure
  • Must meet the experience requirement for the applying level of licensure
  • For Certified Residential level:  A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required
  • For Certified General level:  A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required
  • Find an approved mentor for the Trainee Appraiser level
  • Satisfactory completion of the state examination
  • Submit application, required documents, and associated fees

Montana Appraisal Education Requirements:

  • 75 hours for the Trainee Appraiser which consist of the following courses:  Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours)
  • 150 hours for the Licensed Appraiser which include the same hour requirement as the Trainee Appraiser level AND:  Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
  • 200 Hours for the Certified Residential Appraiser which consist of the same 150 hours of Licensed Residential Appraiser education AND:  Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
  • 300 hours for the Certified General Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND:  Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)  

Experience Requirements:

  • Trainee Appraiser – No experience required
  • State Licensed Appraiser – 2000 hours in no less than 18 months
  • Certified Residential Appraiser – 2500 hours in no less than 24 months
  • Certified General Appraiser – 3000 hours in no less than 30 months

Montana Appraisal Continuing Education Requirements:

  • All appraiser licenses expire annually on March 31st   
  • Every other renewal, appraisers must complete 28 hours of continuing education courses
  • 7 hours must cover the USPAP Update course