National Residential Appraisers Institute
Providing Professional Designations and Membership
 

 
 Course Descriptions


Advance Single Family

                                                             

Real Estate CEU's: 14 credit hours
Appraiser CEU's:    14 credit hours
Pre-Certification:     15 credit hours (with exam)

 

What is the true market value of property in your area? How do you justify price for a property with more or less features than comparable sales? The student will be taken line for line through the URAR form and be given many helpful hints and procedures in completing the form properly. The student will learn the three approaches used in appraisal, the cost, income, and sales comparison approach  A must course for the Realtor who want to list homes priced to sell and for the benefit of their client. This course provides the full scope of valuing a property for listing or appraisal purposes. An exam is given at completion of course for pre-cert hours.

 

Condominium & Multifamily Appraisal
 

Real Estate CEU's: 14 credit hours
Appraiser CEU's:    14 credit hours
Pre-Certification:     15 credit hours (with exam)

 

In this course, you gain the knowledge to complete the Freddie Mac/Fannie Mae forms to create an appraisal report on a small income property. Case study approach is used to demonstrate these appraisal techniques. This course is part of the mandatory educational requirements for your state certification as an appraiser.  Instruction is emphasized on rent schedule, gross rent multipliers, and samples of different types of condominiums.  An exam is given at the completion of the course for pre-certification.

 

Complex Cost & Market

 

Real Estate CEU's: 14 credit hours
Appraiser CEU's:    14 credit hours
Pre-Certification:     15 credit hours (with exam)


The purpose of this course is to assist residential appraisers and other real estate professionals in how to identify, solve, and clearly communicate their analysis, opinions, and conclusions to their client in a manner that is meaningful and not misleading.

 

The first step in any valuation assignment is clearly identifying the problem to be solved and then properly employing those recognized methods and techniques for solving that problem.

Residential appraisers are trained in the traditional approaches to value (Direct Sales Comparison, Cost Approach and the Income Approach) and how those approaches apply to complex valuation. This course will take that basic knowledge and expand those concepts into non-traditional or complex assignments.

Included in the course will be the identification of complex properties, accepting a complex assignment, USPAP considerations, highest and best use considerations, the cost approach, market to market comparisons, and specific considerations of several complex assignments.

Examples, specific techniques, and resources will be offered throughout the course. This course is specifically designed to assist the licensed residential appraiser gain the knowledge necessary to become a certified residential appraiser. Practical techniques will be represented for solving complex valuation problems.

 

 

Real Estate Financing & Financial Planning 103
Real Estate CEU's: 3 credit hours
Appraiser CEU's:    3 credit hours

 

Explanation of the Federal 1003 Loan Application, understanding credit reports, qualifying the buyer, and financial planning in real estate.

 

Techniques of Income Property Appraisal
Real Estate CEU's: 14 credit hours
Appraiser CEU's:    14 credit hours
Pre-Certification:     15 credit hours (with exam)

 

This course is applicable to large or small income producing properties. Illustrations and examples are offered of compound, interest, discount factors, appraisal principles, highest and best use analysis, capitalization techniques, cash flow forecasting, types of incomes, plus much more. Great for residential or general license upgrade.

 


Upcoming Class Schedule


         
Testimonials

"Very practical and easily understood. A MUST course for realtors and appraisers."

- John Lynch- President, Lynch & Company

"What I learned here sure beats going out and winging as most agents do."

- Timothy Roche - Realty One

"This class has filled in the blanks left from previous classes, regarding the cost approach and reconciliation of value."

- Robert Harman - Harman Enterprises

"Best money I've ever spent for real estate education. It has enhanced my business tremendously."

- Terilynn Klement - Sweda GMAC

"This is a must course for any sales agent on pricing a home properly! Great instructions in down to earth language with humor!"

 


2007 National Residential Appraisers Institute