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 Procedures II

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

In this two-day course, you will apply the principles and concepts you learned in Basic Appraisal Principles. The course will take you step-by-step through the valuation process including defining the problem, collecting and analyzing data, reaching a final opinion of value and communicating the appraisal. You will learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems.

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

  • Understand basic elements of the approaches to value
  • Examine the components of the Valuation Process
  • Identify relevant property characteristics
  • Apply basic recognized methods techniques

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 and Basic Appraisal Procedures I 

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!