Students that wish to sign up concurrently for both the 48 hour Pre-Exam Course (360.00), and the 24-hour Missouri
Practice Class (200.00), will benefit from a $160.00 discount. The adjusted total for both courses will be $400.00.
Full payment must be made by the first day of the Pre-Exam Class.
Vocational Rehabilitation assistance available.
Students that do not pass the Missouri Real Estate Exam will be permitted to retake the pre-exam course at no charge.
Class must be repeated within three months of the original course.
2. Students that
would like to repeat the pre-exam course before taking the Missouri Real Estate Exam may do so at no charge. Course
must be repeated within three months of the original class.
3. Following each pre-exam
course an optional study prep day will be provided for all students at no charge.
Students will be able to attend both day and evening classes, allowing for additional learning opportunities.
SALESPERSON PRE-EXAM DAY CLASS
ALL DAYTIME CLASSES RUN MONDAY THROUGH FRIDAY AND THE FOLLOWING MONDAY. CLASS BEGINS AT 8:00 AM AND FINISHES
AT 5:00 PM. THERE WILL BE A 10 MINUTE BREAK EVERY HOUR WITH AN HOUR FOR LUNCH (GENERALLY 12:00 TO 1:00). Tuition
- $360.00 includes all books and materials.
January 6,7,8,9,10 - 13
February 3,4,5,6,7 - 10
March 9,10,11,12,13 - 16
April 6,7,8,9,10 - 13
May 4,5,6,7,8 - 11
June 8,9,10,11,12 - 15
July 6,7,8,9,10 - 13
August 3,4,5,6,7 - 10
September 14,15,16,17,18 - 21
October 5,6,7,8,9 - 12
November 2,3,4,5,6 - 9
December 7,8,9,10,11 - 14
SALESPERSON PRE-EXAM COURSE
ALL NIGHT TIME CLASSES RUN THREE NIGHTS A WEEK,
FOUR CONSECUTIVE WEEKS FROM 6:00 TO 10:00. THERE WILL BE A TEN MINUTE BREAK EVERY HOUR. Tuition - $360.00 includes
all books and materials.
- December 3,4,5,10,11,12
January 21,22,23,28,29,30, - February 4,5,6,11,12,13
May 12,13,14,19,20,21,26,27,28 - June
August 18,19,20,25,26,27 - September 1,2,3,8,9,10
October 13,14,15,20,21,22,27,28,29 - November 2,4,5
16,17,18,19,23,24 - December 1,2,3,8,9,10
MISSOURI REAL ESTATE PRACTICE COURSE
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 - $200.00 includes
all necessary materials.
November 30 - December 1,2
BROKER PRE EXAM COURSE
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.
February 14 - 17,18,19,20,21
May 15 - 18,19,20,21,22
August 14 - 17,18,19,20,21
October 16 - 19,20,21,22,23
November 13 - 16,17,18,19,20
REAL ESTATE CONTINUING EDUCATION 2019 - 2020
This renewal period we have a 6-hour elecvtive that is dedicated to
the HP 12C calculator. The objective of the course is to assist brokers and sales agents with calculations that are
both common and unusual within the industry. The12C is the most efficient calculator for our profession. The class
will be presented 4 times only during 2019. Students must bring a 12C to class. We may be able to direct you in
finding one at a reasonable cost.
Real Estate Calculations - "The HP-12C"
Course # 1100018127
Type: Elective 6 hrs
Time: 9:00 AM to Noon & 1:00
PM to 4:00
Course: Market Value "Cause and Effect"
Time: 9:00 AM
Elective 3 hrs
September 2 - 9
Course # 1100019085
Type: Core 3 hrs
Time: 1:00 PM
September 2 -
COURSE: Pricing Income Properties
COURSE # 1100017091
TYPE: Elective 3 hrs
TIME: 9:00 AM
September 3 - 10
Course: Applicable Laws & Practical Information
Type: Elective 3 hrs
Time: 1:00 Pm
September 3 - 10
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 2018 and 2019
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).
UNIFORM STANDARDS OF PROFESSIONAL
APPRAISAL PRACTICE (15 HOURS) Tuition - $350.00
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 RULES, and STATEMENTS. (Books included with course).
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).
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).
RESIDENTIAL APPRAISER SITE VALUATION AND COST APPROACH
(15 HOURS) Tuition - $195.00
This course will
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).
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).
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).
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).
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).
August 31 - September 1
UNIQUE & COMPLEX PROPERTY APPRAISAL (20 HOURS) Tuition - $270.00
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
7 - HOUR USPAP UPDATE
COURSE - $150.00 - BOOKS NOT INCLUDED (Class time 8:30 AM - 4:30 PM)