Approved for 15 Hours of
Prelicense Education by:

Kentucky Real Estate 
Appraisers Board

The following states share reciprocity with Kentucky:

Alabama
Arizona
California
Colorado
Georgia
Illinois
Indiana
Maine
Maryland
Missouri
New Hampshire
New York
North Carolina
North Dakota
Ohio
Oregon
Pennsylvania
South Dakota
Tennessee
Texas
Washington
West Virginia
Wyoming


Basic Appraisal Principles II

Instructor(s):  
 Thomas P. Veit
Dennis L. Badger

 

If you are considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles. This course, the second of a two-part series, will introduce you to influences on real estate values, types of value, economic principles, and real estate markets and analysis.

Learning Objectives.  At the completion, participants will be able to:

  • Identify influences on real estate values
  • Describe the different types of value
  • Understand economic principles of real estate such as Anticipation, Conformity, Opportunity Cost and Surplus Productivity
  • Recognize market fundamentals, characteristics, and critical definitions necessary to understand the basic components of supply and demand analysis
  • Identify the role of money and capital markets and the basic types of financing

Registration.  Pre-registration required.  Classes typically begin 8:30 a.m. and end at 4:30 p.m. each day (two days).  However, some locations require slightly different time tables.  Check with us for specific times.

Recording.  No audio recording or videotaping permitted.

Course Fee.  $225 if payment received in advance; $250 if payment is received at the door.  Seating is limited.  Textbooks are included in registration fee when registering for 75 or more hours at one time. 

Requirements. The following textbooks are required:

  • The Appraisal of Real Estate, 12th Edition, The Appraisal Institute ($65)

  • Uniform Standards of Professional Appraisal Practice (USPAP), 2005 Edition, The Appraisal Foundation ($30) 

Attendees must bring a financial calculator 

Prerequisites. Basic Appraisal Principles I or instructor approval prior to registration. 

Examination Successful completion of a final examination is required for pre-license (15-hours) credit. The one-hour exam consists of multiple choice questions.

Dates and Locations.  Click Here

Registration Form/Course Catalog. Click Here

Reservations. Call toll free (877) 463-3323 for reservations today!