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14-Hour Renewal Package 1 with USPAP

SKU : 553PA036001

Credit Hours | 14

Category | Continuing Education

$219.00

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This package includes:

- 2018-2019 7-Hour Equivalent USPAP Update Course - Issues commonly found in appraisal practice are addressed in multi-media scenarios that answer appraisers' frequently asked questions.

- A URAR Form Review - This course provides the student with the guidelines and direction to create URAR reports which are in compliance with USPAP.

Pennsylvania 75-Hour Real Estate Trainee Appraiser Package

SKU : 558PA069001

Credit Hours | 75

Category | New License

$899.00

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Complete with 75 hours of the new Associate Real Estate Appraiser Qualification Criteria. This package includes three courses: Basic Appraisal Principles, Basic Appraisal Procedures, and the 2018-2019 15-Hour Equivalent USPAP Course. Also included in this package is the USPAP Manual eBook.

Residential Sales Comparison and Income Approaches

SKU : 558PA019001

Credit Hours | 30

Category | New License

$349.00

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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 to become licensed.

14-Hour Renewal Package 2 with USPAP

SKU : 553PA037001

Credit Hours | 14

Category | Continuing Education

$219.00

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This package includes:

- 2018-2019 7-Hour Equivalent USPAP Update Course - Issues commonly found in appraisal practice are addressed in multi-media scenarios that answer appraisers' frequently asked questions.

- Appraisal Math and Statistics - This course covers appraisal mathematical functions including calculating area, appraisal statistics, and mathematics of finance.

Residential Appraiser Site Valuation & Cost Approach

SKU : 558PA011001

Credit Hours | 15

Category | New 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 Real Property Appraiser Qualification Criteria to become licensed. 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 Principles

SKU : 558PA063001

Credit Hours | 30

Category | New License

$349.00

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Ready to gain a solid foundation in appraisal principles? This appraisal course 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 to become a Licensed Appraiser.

Residential Report Writing and Case Studies

SKU : 553PA016001

Credit Hours | 14

Category | Continuing Education

$189.00

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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.

Residential Market Analysis and Highest and Best Use

SKU : 558PA012001

Credit Hours | 15

Category | New License

$199.00

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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 to become licensed. 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.

Basic Appraisal Procedures

SKU : 558PA014001

Credit Hours | 30

Category | New License

$349.00

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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 to become a Licensed Appraiser.

Residential Appraiser Site Valuation & Cost Approach

SKU : 553PA017001

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 Report Writing and Case Studies

SKU : 558PA013001

Credit Hours | 15

Category | New 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 to become licensed.

2018-2019 15-Hour Equivalent USPAP Course

SKU : 558PA18065001

Credit Hours | 15

Category | New License

$289.00

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This mandatory course will introduce aspiring appraisers to the requirements for ethical behavior and competent performance set forth in the Uniform Standards of Professional Appraisal Practice (USPAP).

With the use of practice tests and interactive appraisal scenarios, you will get a full understanding of the history of appraisal standards, the structure of USPAP, essential steps in the appraisal process, USPAP definitions, and how to follow USPAP standards in your new career as a real estate appraiser. 

The mandatory Appraisal Foundation USPAP manual ($75 value) is included at no additional cost.

Residential Market Analysis and Highest and Best Use

SKU : 553PA018001

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 : 553PA18035001

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 : 553PA013001

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.

Income Capitalization Overview

SKU : 553PA023001

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 : 553PA020001

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.

Sales Comparison Approach

SKU : 553PA030001

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.

Cost Approach Overview

SKU : 553PA022001

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.

Pennsylvania Appraisal License Requirements

Learn about the Pennsylvania appraisal education requirements for licensing and renewal.

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Pennsylvania State Board of Certified 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.

Pennsylvania Appraisal Licensure Levels:

  • Appraiser Trainee 
  • Certified Residential Appraiser
  • Certified General Appraiser 

Pennsylvania 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 appraiser licensure
  • Must meet the experience requirement for the applying level of appraiser licensure
  • For Certified Residential level, one of the following is required:
    • Bachelor degree in ANY field
    • Associate's Degree in Business Administration, Accounting, Finance, Economics, or Real Estate
    • Completion of 30 hours of (1) relevant coursework, or (2) College Level Examination Program (CLEP) exams (3) or some mix of both
  • For Certified General level:  A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required. An alternative to the education requirement is also available: 5 years of experience, 5 years without any disciplinary action and completion of specific additional education
  • Satisfactory completion of the state examination
  • Submit application, required documents, and associated fees

      Appraiser School Education Requirements:

      • 75 hours for the Trainee Appraiser coursers which include: Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours) and 4 hours of Supervisor/Trainee education.
      • 200 Hours for the Certified Residential Appraiser which consist of the same 150 hours of Licensed Appraiser education AND: 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), 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) 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:

      • Appraiser Trainee – No experience required
      • Certified Residential Appraiser – 1500 hours in 12 months
      • Certified General Appraiser – 3000 hours in 18 months with at least 1500 hours of experience in non-residential appraisals

      Pennsylvania Appraisal Continuing Education Requirements:

      • Certificates expire June 30th of odd number years 
      • All licensees must complete 28 hours of continuing education appraiser classes during the two year cycle 
      • 7 hours must include the USPAP Update course or its equivalent  
      • 2 hours must include the Real Estate Appraisers Certification Act or Assessors Certification Act and the Board’s regulations and policies