Introduction to Commercial Appraisal
Course Description

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Approval Number

902602300E 00

Course Description

This course is an introduction to the commercial appraisal. The purpose of this course is to provide the reader with a better understanding of the valuation process relative to commercial properties. The course is written from the perspective of the real estate appraiser and assumes a certain basic understanding of real estate appraisal. The first sections will deal with basic appraisal concepts as they pertain to a commercial appraisal. The later sections of the course will focus on topics more specific to income properties.

Learning Objectives

After completing this course, real estate professionals will be able to

Describe the characteristics of a commercial appraisal
Discuss the commercial real estate market
Apply principles of value
Explain the concept of highest and best use
Define and discuss data sources
Recognize how investors perceive and forecast and analyze the potential income stream of a property, providing the basis for the appraisal process used to value income property

Regulatory Requirement

Please see the state/regulatory requirement from the course catalog page.

Seat Time

This course has been approved for 3 hours of Continuing Education credit.

Testing

Quizzes - There is a quiz at the end of each lesson to test comprehension of the subject matter. Mastery is not required before proceeding to the next lesson.

Final Exam - You will not be required to take the final exam.

Course Completion

Upon successful completion of this course you will be able to print your certificate. You are required to submit your certificate to the Division of Real Estate in order to receive Continuing Education credit.