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. Starting in 2023, both courses will be offered consecutively,
allowing students to finish all course work within two weeks.
Vocational Rehabilitation assistance available.
Students that would like to repeat the pre-exam course before taking the Missouri Real Estate Exam may do so at no
charge. Courses must be repeated within three months of the original class.
2. Following each pre-exam course an optional study prep day will be provided.
3. 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.
November 7,8,9,10,11 - 14
December 5,6,7,8,9 - 12
January 2,3,4,5,6 - 9
February 6,7,8,9,10 - 13
March 6,7,8,9,10 - 13
April 3,4,5,6,7, - 10
May 8,9,10,11,12 - 15
June 5,6,7,8,9, -12
July 10,11,12,13,14, - 17
August 7,8,9,10,11 - 14
September 11,12,13,14,15 - 18
October 2,3,4,5,6, - 9
November 6,7,8,9,10 - 13
December 11,12,13,14,15 - 18
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.
November 14,15,16,17,21,22,29,30 - December
10,11,12,17,18,19,24,25,26,31 - February 1,2
- April 4,5,6
May 9,10,11,16,17,1823,24,25,30,21 - June
July 18,19,20,25,26,27 - August 1,2,3,8,9,10
28,29,30 - December 5,6,7,12,13,14,19.20.21
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.
REAL ESTATE EXAM REVIEW
A MONTH LIFETIME LEARNING WILL OFFER A SPECIAL TEST PREPARATION DAY FOR THOSE WHO ARE INTERESTED IN INSTRUCTOR ASSISTED REVIEW
AND TESTING. EACH DAY WILL FEATURE A MORNING AND AFTERNOON SESSION. BOTH SESSIONS WILL CONSIST OF A COMPREHENSIVE
100 QUESTION EXAM AND A TUTOR ORIENTED DISCUSSION PERIOD.
WILL RUN FROM 9:00 am TO 12:00 am. AFTERNOON MEETINGS WILL BE FROM 1:OO pm TO 4:00 pm. REVIEWS CAN BE TAKEN TOGETHER
OR INDEPENDENTLY. PLEASE INFORM US OF YOUR INTENT WHEN SIGNING UP. THE COST OF EACH SESSION IS $30.00, OR $50.00
IF BOTH ARE TAKEN ON THE SAME DAY.
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.
20,21,22,23,24 - 27
April 24,25,26,27,28 - May 1
June 23 - 26,27,28,29,30
August 21,22,23,24,25 - 28
October 16,17,18,19,20 - 23
December 1 - 4,5,6,7,8
REAL ESTATE CONTINUING EDUCATION 2021 - 2022
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. The 12C is the most efficient calculator for our profession. The class will be
only offered upon demand. Students must bring a 12C to class. We may be able to direct you in finding one at a
Real Estate Calculations - "The HP-12C"
Course # 1100018127
Type: Elective 6 hrs
Time: 9:00 AM to Noon & 1:00
PM to 4:00
Scheduled upon request.
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 2023
All courses taught by Dr. Denny McIlroy -
BASIC APPRAISAL PRINCIPLES (30 HOURS) Tuition - $425.00
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 included).
UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE (15 HOURS) Tuition - $300.00
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
February 28 - March 1
BASIC APPRAISAL PROCEDURES (30 HOURS) Tuition -
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 included, calculator
RESIDENTIAL MARKET ANALYSIS AND HIGHEST AND
BEST USE (15 HOURS) Tuition - $200.00
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
RESIDENTIAL APPRAISER SITE VALUATION AND COST APPROACH
(15 HOURS) Tuition - $200.00
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).
COMPARISON AND INCOME APPROACHES (30 HOURS) Tuition - $400.00
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 - $200.00
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).
MODELING AND FINANCE (15 HOURS) Tuition - $200.00
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
ADVANCED RESIDENTIAL APPLICATIONS AND CASE STUDIES (15 HOURS) Tuition - $200.00
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).
UNIQUE & COMPLEX PROPERTY APPRAISAL (20 HOURS) Tuition - $300.00
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)
Offered Upon Demand