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Residential Report Writing and Case Studies

SKU : 558NC013001

Credit Hours | 15

Category | Upgrade License

$199.00

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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.

Residential Appraiser Site Valuation & Cost Approach

SKU : 553NC011001

Credit Hours | 15

Category | Upgrade License

$199.00

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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.

Residential Market Analysis and Highest and Best Use

SKU : 553NC018001

Credit Hours | 14

Category | Continuing Education

$189.00

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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.

2018-2019 7-Hour Equivalent USPAP Update Course

SKU : 553NC18035001

Credit Hours | 7

Category | Continuing Education

$189.00

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Get a full understanding of the changes made to the Uniform Standards of Professional Appraisal Practice (USPAP).

This mandatory appraisal continuing education course will explain the rationale to the 2018-2019 USPAP revisions, address issues commonly found in the appraisal industry, and answer frequently asked questions with the use of interactive, multi-media appraisal scenarios

Also included in this package is the USPAP Manual eBook.

A URAR Form Review

SKU : 553NC013001

Credit Hours | 7

Category | Continuing Education

$99.00

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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.

Cost Approach Overview

SKU : 553NC022001

Credit Hours | 7

Category | Continuing Education

$99.00

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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.

Sales Comparison Approach

SKU : 553NC030001

Credit Hours | 7

Category | Continuing Education

$99.00

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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.

Income Capitalization Overview

SKU : 553NC023001

Credit Hours | 7

Category | Continuing Education

$99.00

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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 : 553NC020001

Credit Hours | 7

Category | Continuing Education

$99.00

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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.

North Carolina Appraisal License Requirements

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the North Carolina Appraisal Board. 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.

North Carolina Appraisal Licensure Levels:

  • Registered Trainee
  • Certified Residential Appraiser
  • Certified General Appraiser

Louisiana Appraisal Licensure Requirements:

  • Must be at least 18 years of age
  • Must have a high school diploma or its equivalent
  • Possess good character
  • 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
  • Satisfactory completion of the state examination (Registered Trainees are not required to take a state exam)
  • Submit application, required documents, and associated fees 

North Carolina Appraisal Education Requirements:

  • 90 hours for the Registered Trainee 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), Residential Market Analysis and Highest and Best Use (15 hours) OR General Market Analysis & Highest & Best Use (30 Hours )
  • 200 Hours for the Certified Residential Appraiser which consist of the same 90 hours of Registered Trainee education AND: Residential Appraiser Site Valuation and Cost Approach (15 Hours), Residential Sales Comparison and Income Approaches (30 Hours), Residential Report Writing and Case Studies (15 Hours), Statistics, Modeling and Finance (15 Hours), Advanced Residential Applications and Case Studies (15 Hours), Appraisal Subject Matter Electives 20 Hours (May include hours over minimum shown above in other modules) 
  • 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:

  • Registered Trainee – No experience required
  • Certified Residential Appraiser – 2500 hours in no less than 24 months
  • Certified General Appraiser – 3000 hours in no less than 30 months
  • NOTE: NC Point System Requirement is: 300 points in either the residential or general category, 50% must be 1-4 unit single family residential property where the sales comparison approach was used; for the General Certification - 360 points with at least 180 points in the general category 

North Carollina Continuing Education Requirements:

  • There are two CE cycles and appraisers are required to take 28 hours every 2 years 
  • Seven of the 28 hours must be the 7-Hour National USPAP Update course, as required by the Appraiser Qualifications Board of the Appraisal Foundation, or its equivalent
  • USPAP is revised every even numbered year, and appraisers must take the even numbered year edition of the 7-Hour National USPAP Update course by June 1st even numbered year in order to renew in an even numbered year
  • The remaining 21 hours of continuing education must be completed by June 1st of every odd numbered year