The course is appropriate for students who are interested in receiving 14-hours of continuing education credit. The purpose of this course is to provide students with knowledge and understanding of the appraisal methods. Students will learn the principles of value, the three approaches to value - sales comparison, cost, and income, reconciliation and gross monthly rent multipliers.

Covers the relationship between market analysis and highest and best use.

• Learn how to find the information you need to make a highest and best use decision and how to interpret the information you find.
• Provides information on how to read and map a market area for a subject property and discover the essential links between market analysis, highest and best use analysis, and the three approaches to value (cost, sales comparison, and income capitalization).
• Completion of Basic Appraisal Principles and Procedures Courses required as a prerequisite for this course.
• Credit for 15 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.

The course will instruct students in detail how to fill out the new Uniform Residential Appraisal Report (URAR). Students will be taken through each section of the URAR where they identify and complete the required fields. This course provides the student with the guidelines and direction to create URAR reports which are in compliance with USPAP.