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Fundamentals of Real Estate Appraisal – Course Description

$199.00

Fundamentals of Real Estate Appraisal – Course Description #637489

The Fundamentals of Real Estate Appraisal course introduces real estate professionals to the core principles, methods, and practices used to determine property value in today’s market. Whether you are a new or experienced licensee, this course will strengthen your ability to understand, explain, and apply appraisal concepts in everyday real estate transactions.

Participants will explore the purpose and function of appraisals, the role of the appraiser, and the difference between price, cost, and value. The course walks through the three classic approaches to value—sales comparison, cost, and income capitalization—and shows how each is used with different property types. You’ll review key elements that influence value, including highest and best use, market conditions, neighborhood characteristics, property condition, and external factors.

Through real-world examples and scenarios, you’ll learn how to read and interpret appraisal reports, identify red flags, and communicate appraisal-related issues clearly to buyers, sellers, and lenders. The course also covers common challenges such as low appraisals, reconsideration of value, and working effectively with appraisers while staying within regulatory and ethical boundaries.

By the end of this course, students will be able to:

  • Explain the basic purpose and process of real estate appraisal

  • Identify the primary approaches to value and when each is appropriate

  • Recognize key factors that impact residential property value

  • Read and interpret standard appraisal reports with greater confidence

  • Better prepare clients for the appraisal process and manage expectations

This course is ideal for real estate salespersons, brokers, and aspiring professionals who want a stronger foundation in valuation to better serve their clients and support sound pricing decisions.


Fundamentals of Real Estate Appraisal – Course Description #637489

The Fundamentals of Real Estate Appraisal course introduces real estate professionals to the core principles, methods, and practices used to determine property value in today’s market. Whether you are a new or experienced licensee, this course will strengthen your ability to understand, explain, and apply appraisal concepts in everyday real estate transactions.

Participants will explore the purpose and function of appraisals, the role of the appraiser, and the difference between price, cost, and value. The course walks through the three classic approaches to value—sales comparison, cost, and income capitalization—and shows how each is used with different property types. You’ll review key elements that influence value, including highest and best use, market conditions, neighborhood characteristics, property condition, and external factors.

Through real-world examples and scenarios, you’ll learn how to read and interpret appraisal reports, identify red flags, and communicate appraisal-related issues clearly to buyers, sellers, and lenders. The course also covers common challenges such as low appraisals, reconsideration of value, and working effectively with appraisers while staying within regulatory and ethical boundaries.

By the end of this course, students will be able to:

  • Explain the basic purpose and process of real estate appraisal

  • Identify the primary approaches to value and when each is appropriate

  • Recognize key factors that impact residential property value

  • Read and interpret standard appraisal reports with greater confidence

  • Better prepare clients for the appraisal process and manage expectations

This course is ideal for real estate salespersons, brokers, and aspiring professionals who want a stronger foundation in valuation to better serve their clients and support sound pricing decisions.


Fundamentals of Real Estate Appraisal:

  • Price listings more accurately – Understand how appraisers think so you can price homes closer to true market value.

  • Stronger CMAs & negotiations – Use appraisal concepts to support your CMAs, justify pricing, and negotiate with confidence.

  • Reduce low-appraisal surprises – Spot potential appraisal issues in advance and prepare your clients before problems arise.

  • Better client education – Clearly explain the appraisal process, what affects value, and how buyers and sellers should prepare.

  • Improve deal stability – Anticipate valuation challenges that could derail a transaction and address them proactively.

  • Professional credibility – Speak the same language as appraisers and lenders, elevating your expertise with clients and colleagues.

  • Smarter investment decisions – Apply valuation principles to evaluate flips, rentals, and long-term holds more effectively.

  • Stronger risk management – Recognize red flags in appraisal reports that may indicate errors, bias, or missing information.