ALL MREP CLASSES WILL MEET FOR THREE DAYS FROM 8:00 AM. to 5:00 PM.   THERE WILL BE A 10 MINUTE BREAK EVERY HOUR WITH AN HOUR FOR LUNCH, (GENERALLY 12:00 TO 1:00).  Tuition - $225.00 includes all necessary materials.

 

2013

 

February  25,26,27,28  NOTE:  February is a four day class that starts at 9:00 AM. ends at 4:00 PM. each day.

 

March  18,19,20

 

April  15,16,17

 

May  20,21,22

 

June  11,12,13 

 

July  22,23,24

 

August  19,20,21

 

September  23,24,25

 

October  21,22,23

 

November  18,19,20

 

December  16,17,18 

 

 

 

 

 

 

 

 

ALL BROKER CLASSES WILL MEET MONDAY THROUGH FRIDAY AND THE FOLLOWING MONDAY.  CLASSES WILL BEGIN AT EIGHT IN THE MORNING AND WILL CONTINUE UNTIL FIVE EACH DAY.  THERE WILL BE A TEN MINUTE BREAK EVERY HOUR WITH AN HOUR FOR LUNCH, (GENERALLY 12:00 TO 1:00).  Tuition - $395.00 includes all books and materials. 

 

2013

 

January  28,29,30,31 - February 1 and 4

 

April  22,23,24,25,26 and 29 

 

REAL ESTATE CONTINUING EDUCATION

 

 

COURSE:         

COURSE #  

TYPE:  Elective           

TIME:  9:00 AM to Noon           

COST:  $30.00

 

2014

 

 

COURSE:    

COURSE #

TYPE:  Core

TIME:  1:00 PM to 4:00 PM

COST:  $30.00

 

2014

 

COURSE:    

COURSE #

TYPE:  Elective 

TIME:  9:00AM to Noon

COST:  $30.00

 

2014

 

 

COURSE:     

COURSE #

TYPE:  Elective

TIME:  1:00 PM to 4:00 PM

COST:  $30.00

 

2014

 

 

 

  

APPRAISAL COURSES ARE EITHER 15, 20, OR 30 HOURS IN DURATION.  EACH CLASS IS DESIGNED TO HANDLE A DIFFERENT ASPECT OF THE APPRAISAL INDUSTRY.  CLASSES BEGIN AT 8:30 AND RUN UNTIL 5:00 EACH DAY.  THERE WILL BE A TEN MINUTE BREAK EVERY HOUR WITH AN HOUR FOR LUNCH, (GENERALLY 12:00 T0 1:00).  SEE INDIVIDUAL COURSE DESCRIPTIONS FOR TUITION AND BOOK REQUIREMENTS.  

COURSE DESCRIPTION AND SCHEDULE FOR 2013

 

 

                                All courses taught by Dr. Denny McIlroy - Certified Appraiser
 

BASIC APPRAISAL PRINCIPLES  (30 HOURS)  Tuition - $390.00

A class designed to introduce the student to basic appraisal principles.  Topics covered in this course will include:  real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, and real estate markets and analysis.  The student will also be exposed to appraisal ethics and how they apply to appraisal theory and practice.  (Books purchased separately).

 

 

2013 

 

January  15,16,17,18

 

July  16,17,18,19 

 

BASIC APPRAISAL PROCEDURES  (30 HOURS)  Tuition - $390.00

A class designed to introduce the student to basic appraisal procedures.  Subject material covered in this course will include:  the appraisal process, procedural aspects of the three approaches to value, informal legal description within the broader context of describing the neighborhood and market area, residential and commercial applications for appraisal, and improvement construction.  The student will also be exposed to appraisal math at which time the HP-12C calculator will be introduced.  (Books and calculator purchased separately).

 

2013

 

February  19,20,21,22

 

August  13,14,15,16 

 

UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE  (15 HOURS)  Tuition - $325.00

The purpose of the Uniform Standards of Professional Appraisal Practice (USPAP) is to promote and maintain a high level of public trust in appraisal practice by establishing requirements for appraisers.  Course content addresses the ethical and performance obligations of appraisers through DEFINITIONS, RULES, STANDARDS, STANDARDS RULES, and STATEMENTS.  (Books included with course).

 

2013

 

February  6,7

 

July  1,2

RESIDENTIAL MARKET ANALYSIS AND HIGHEST AND BEST USE  (15 HOURS)  Tuition - $195.00

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 will be presented to allow students to put into practice the techniques illustrated in this class.  (Books purchased separately). 

 

2013

 

March  13,14

 

August  26,27 

RESIDENTIAL APPRAISER SITE VALUATION AND COST APPROACH  (15 HOURS)  Tuition - $195.00

This course wil be directed toward insight and 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.  Additionally, each student will complete a step-by-step case study utilizing the Marshall and Swift cost manual.  (Books purchased separately).

 

2013

 

March  25,26

 

August  28,29

 

 

RESIDENTIAL SALES COMPARISON AND INCOME APPROACHES  (30 HOURS)  Tuition - $390.00

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 for both approaches.  Students will develop and apply the techniques for market analysis, including the application and use of matched pairs, capitalization rates, and gross rent multipliers.  Off the grid adjustments will be addressed.  Students will also learn how to apply and defend the rationale behind market adjustments.  Additionally, current Fannie Mae and Freddie Mac Guidelines and relevant USPAP requirements will be presented.  (Books purchased separately).

  

2013

 

April  30 - May  1,2,3,

 

September  3,4,5,6 

 

  

RESIDENTIAL REPORT WRITING AND CASE STUDIES  (15 HOURS)  Tuition - $195.00

This appraisal course will help the student to become familiar with techniques and procedures for the development of the appraisal report.  The Fannie Mae form will be studied in detail with other relevant forms presented for consideration.  Through theory and hands-on examples of appraisal processes, the course will provide practical application of real estate appraisal procedures.  (Books purchased separately).

   

2013

May  14,15

 

September  30 - October  1 

STATISTICS, MODELING AND FINANCE  (15 HOURS)  Tuition - $195.00

A course designed to provide both the theory and practice of statistics, real estate finance, and valuation modeling for today's Certified Residential Appraiser.  The first half of the class is dedicated to terminology and basic principles of statistics, including practical applications in statistical analysis.  The second half of the course focuses on real estate markets, terms of financing, and examples of how financing affects the value of real property.  (Books purchased separately).

  

2013

 

May  28,29

 

October  2,3   

ADVANCED RESIDENTIAL APPLICATIONS AND CASE STUDIES  (15 HOURS)  Tuition - $195.00

A course designed to elevate the students' knowledge of challenging residential appraisal assignments and to develop the expertise to recognize and address those situations at the Certified Residential level.  Topic areas focus on complex properties that include valuing unique and high-end residential dwellings.  Other areas include methodologies for valuing partial interests and addressing changes in market conditions as they relate to location, distance, physical conditions, economic conditions, and atypical ownership.  (Books purchased separately).

 

2013

 

June  17,18

 

October  15,16

  

A class designed to raise the level of awareness of the scope of work involved with assignments other than the everyday single-family residential appraisal.  Property types discussed include mixed-use, unusual, income-producing, and one-of-a-kind.  Students will be assigned case studies for competency demonstration and class discussion.  Note - This course will be presented to fulfill the 20 hours of elective work for the certified residential designation.  (Books purchased separately).

 

 

2012

 

December  17,18,19 

 

 

2013

 

June  19,20,21

 

October  28,29,30 

 

CONTINUING EDUCATION

7 - HOUR USPAP UPDATE COURSE - $150.00 - BOOKS NOT INCLUDED  (Class time 8:30 AM - 4:30 PM)

 

2014