Special discounts are available for groups, corporate accounts and students taking multiple courses. To learn more, call us toll-free at: 1-877-211-4523

Real Estate Appraisal - (GEN) New

Course Description


Course Description:


In order to own and convey property in a market economy it is necessary for that property to be assigned a specific monetary value. This process, unlike, say, that of assigning value to durable goods-which have specific materials, production and marketing costs-can be somewhat more involved. With property, the fixed costs-building materials and labor costs-are always accompanied by more esoteric factors that go to make property more (or less) valuable. Becoming a member of the group that understands and applies these factors is a bit more complex than simply being able to understand a balance sheet. The objective of this course is to familiarize the student with the principles, theories, duties and activities that pertain to real estate appraisal and valuation. Developing an opinion of value is what the real estate appraiser does, but, as we’ve alluded to, this is far from an effortless process. Understanding the obligation of the real estate industry to promote professionalism and ethical business practices is a beginning to being able to carry out this process such that it is beneficial to licensees, consumers and the market in which they do business. As well as touching upon general standards by which the value of property should be established, this course is broken down into separate lessons which cover.

  • Role of a Real Estate Appraiser.
  • Federal Legislation and National Agencies Governing the Industry.
  • An Overview of Basic Value Principles.
  • Dynamics of the Real Estate Market.
  • Three Approaches to Appraisal.
  • Appraisal Process.
  • Real Estate Appraisal Practice Exercises

Completing this course will leave the student with a good understanding of fundamental principles of appraisal, methods of real estate valuation, the various kinds of appraisal licensure and certification, the diverse types of appraisal, and what license or certificate is appropriate for given ones. In addition, the course examines the ways in which appraisal can affect both the larger economy and the availability of housing. The course concludes with real – world practice lessons in which students apply their new knowledge to examples and case studies.



Credit Card Logos
We accept all major credit cards

Features & Benefits

Unlimited Access

Learn what you want at your own pace and on your own schedule.

Comprehensive Catalog

Over 6,000 online compliance training courses, assessments, and exams.

Multimedia Content

Interactive multimedia courses with instant grading and timely reporting.

Expert Instructors

Learn from top experts who are passionate about their field.

Group Discounts

Get great discounts and save with group enrollment.

24x7 Support

24-hour support for any online course via phone, email or live chat.

Trusted by professionals

We are committed to ensuring a better online learning experience for our students. See why thousands of people chose Online Institute of America to satisfy their online training requirements.

Overall, I think the coursework is great. Everything is explained in simple English and the voiceover is wonderful.

— Lori A. Leonard, IBM

Catherine was terrific and answered all of my questions with great professionalism. Great Job!

— Elizabeth D, Student

Needed assistance getting into my account and Kris set me up. Fast helpful service! Thank you.

— Brian T, Kraft Canada

Read more reviews from our students

Have a question about our online training programs?