
Phone:918-343-7377
Fax:918-341-4656
school@careertrainingschool.com
COURSE DESCRIPTIONS
The following are the course descriptions for our courses. All of our courses are approved by the Oklahoma Real Estate Appraisal Board to meet the continuing education requirements. Courses that are required for licensure for the various license levels, and are approved by the Oklahoma Real Estate Appraisal Board for licensure, are identified as follows:
TRA = Trainee Appraiser
SLA = State Licensed Appraiser
CRA = Certified Residential Appraiser
CGA = Certified General Appraiser
The courses required for licensure meet the both the current requirements for this year.
Most classes are on weekends, unless otherwise shown on the calendar. Classes are from 8:15 AM until 4:45 PM, unless otherwise noted. Classes that are 15 hours long typically take only one weekend; while 30-hour classes take two weekends, typically two consecutive weekends. A calculator is suggested for all classes. Tape recorders are not permitted during class lecture sessions. Cost shown includes books.
Registration must be completed and payment arranged by the Wednesday before the class starts in order to assure a spot in the class.
|
Basic Appraisal Principles, 30-Hours (TRA, SLA, CRA, CGA $330.00 COURSE DESCRIPTION: This introductory 30-hour appraisal course provides an overview of real property concepts and characteristics, legal consideration, value influences, real estate finance, types of value, economic principles, real estate markets and analysis, and ethics in appraisal practice. Thorough discussion of appraisal principles, accompanied by practical examples, provides a solid foundation in appraisal basics. A calculator is recommended. Tape recorders are not permitted during class lecture sessions. |
|---|
Basic Appraisal Procedures, 30-Hours (TRA, SLA, CRA, CGA)$330.00COURSE DESCRIPTION: This basic appraisal course provides an overview of real estate appraisal approaches to valuation procedures, value, property description, residential applications, commercial applications, improvement construction, home inspection, and appraisal math. Through theory, case studies, and examples, the course offers practical application of appraisal procedures. A calculator is recommended. |
|---|
|
The 15-Hour National Uniform Standards of Professional Appraisal Practice (USPAP), 15-Hours (TRA, SLA, CRA, CGA) $275.00 COURSE DESCRIPTION: The USPAP course focuses on the requirements for ethical behavior and competent performance by appraisers that are set forth in the Uniform Standards Of Professional appraisal Practice. This course is unique in that it is developed by The Appraisal Foundation and is revised on a periodic basis to stay current with the latest edition of USPAP. The class must be taught by an AQB Certified USPAP Instructor. |
|---|
|
The 7-Hour National Uniform Standards of Professional Appraisal Practice Update Course, 7-Hours (Required periodically for all license levels) $175.00 COURSE DESCRIPTION: The 7-hour update class focuses on updates made to create the most recent version of the USPAP. This course is unique in that it is developed by The Appraisal Foundation and is revised on a periodic basis to stay current with the latest edition of USPAP. The class must be taught by an AQB Certified USPAP Instructor. This course is required for every appraiser, no matter what license level they hold sometime within a floating two-year period. The current period started on January 1, 2007 and ends December 31, 2008. All appraisers must take this class sometime within the period. Then, on January 1, 2009 another two year period will start and all appraisers will be required to take another update class sometime within that period. |
|---|
|
Market Analysis & Highest And Best Use, 15-Hours (SLA, CRA) $225.00 COURSE DESCRIPTION: Identifying and analyzing market forces affecting the buyers’ and sellers’ behavior is key to understanding and reporting values. This course is designed to give students the tools needed to properly collect and analyze market data. Markets, sub-markets, market segmentation, supply side analysis, demand analysis and the importance of market analysis to the appraisal process are covered in the first half of this course. The second half focuses on the theory of Highest and Best Use. The two-step analysis along with the four tests for Highest and Best Use are covered in detail. Drill problems and a short case study allow students to put into practice the techniques presented in the course. |
|---|
|
Residential Report Writing, 15-Hours (SLA, CRA) $225.00 COURSE DESCRIPTION: This basic appraisal course introduces theories, techniques, and procedures to help you understand the appraisal process and how to use various residential forms and reports for appraisal. Through theory and hands-on examples of appraisal processes, the course will provide practical application of real estate appraisal procedures. A calculator is suggested. |
|---|
|
Residential Sales Comparison & Income Approaches, 15-Hours (SLA, CRA) $225.00 COURSE DESCRIPTION: This course offers a basic understanding and knowledge of the residential sales comparison and income approaches to appraisal. It includes the valuation principles and procedures applicable to both approaches. With the aid of case studies, students will develop and apply the techniques for market analysis, including the application and use of matched pairs and capitalization rates and gross rental multipliers. There is a discussion on cash and finance equivalency. Students will learn how to apply and defend the rationale behind market adjustments. The course includes a discussion of current Fannie Mae and Freddie Mac Guidelines and relevant USPAP requirements, and introduces students to the methods of appraising income properties. A combination of theory and hands-on examples provides practical applications of real estate appraisal procedures. A calculator is suggested. |
|---|
|
Residential Site Valuation and Cost Approach, 15-Hours (SLA, CRA) $225.00 COURSE DESCRIPTION: This course will help students gain valuable insight and a working knowledge of the various theories and methodologies for arriving at residential site values and applying the Cost Approach in everyday appraisal work. The advantages and disadvantages of using the cost approach in residential appraising will be examined. The important distinction between Replacement Cost New and Reproduction Cost New will be discussed, along with an in-depth look at several methods for estimating accrued depreciation. Students will learn how to read residential building plans and accompanying specifications. Each student will complete a step-by-step case study utilizing the Marshall and Swift cost manual. |
|---|